Hybrid Senior Fraud and Model Risk Manager

at EEOC

• Job title: Senior Fraud and Model Risk Manager
• Job type: Full Time
• Experience level: Senior
• Salary: $129,000 - $161,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Scottsdale, United States

About the role

• Senior Fraud and Model Risk Manager providing oversight and governance of fraud and model risk activities. Collaborating across functions to support regulatory needs and promoting risk culture and awareness.

Responsibilities

• Provide independent oversight, challenge, and governance of the enterprise’s fraud and model risk activities.
• Design and operate an effective 2LOD fraud risk management program, including policies, standards, fraud risk appetite, KRIs, tolerances, and aggregate fraud risk at enterprise level.
• Provide independent oversight and challenge of 1LOD fraud strategies, rules, controls, operations and red teaming efforts.
• Oversee fraud loss metrics, trends, and root-cause analysis.
• Provide independent oversight and governance of AI/ML models, including the use of Generative AI.
• Maintain a strong model risk management framework, including but not limited to model inventory, risk assessment, approval, deployment, change management, and ongoing performance evaluation.
• Enable strong cross-functional governance and communication, establishing forums and partnerships across 1LOD, 2LOD, Compliance, Cyber Risk, Data Science, Fraud Analytics, Product, and Risk teams to support real-time information sharing and coordinated risk response.
• Support regulatory, audit, and reporting needs, including tracking regulatory developments, supporting internal and external audits, preparing risk reporting for business reviews, committees, and audits, and ensuring clear accountability for risk management decisions.
• Promote risk culture, awareness, and data protection, contributing to fraud and model risk training, stakeholder education, and supporting the organization’s commitment to safeguarding system integrity, data confidentiality, and customer trust.

Requirements

• Bachelor’s degree in Computer Science, Data Science, Risk Management or a related STEM discipline
• 12+ years of experience in Fraud Risk Management, Model/AI Risk Management, AI/ML development, Financial Crime, Audit or Compliance roles
• Experience with Fraud Risk Assessments, KRIs and loss analytics
• Working knowledge of fraud typologies (payments, identity, scams, social engineering)
• Excellent communication, organization, and interpersonal skills, with demonstrated ability to collaborate and build trust in business partners
• Demonstrated success leading risk functions in a 3LOD environment
• Experience with policy development as it relates to meeting compliance requirements
• Demonstrated ability to work effectively in a complex, highly regulated environment

Benefits

• Healthcare Coverage – Competitive medical (PPO/HDHP), dental, and vision plans as well as company contributions to your Health Savings Account (HSA) or pre-tax savings through flexible spending accounts (FSA) for commuting, health & dependent care expenses.
• 401(k) Retirement Plan – Featuring a 100% Company Safe Harbor Match on your first 6% deferral immediately upon eligibility.
• Paid Time Off – Unlimited Time Off for Exempt (salaried) employees, as well as generous PTO for Non-Exempt (hourly) employees, plus 11 paid company holidays and a paid volunteer day.
• 12 weeks of Paid Parental Leave
• Maven Family Planning – provides support through your Parenting journey including egg freezing, fertility, adoption, surrogacy, pregnancy, postpartum, early pediatrics, and returning to work.