Director, Fraud Detection and Prevention Lead, Citi

Citi

Location:
United States, New York

Category:
Finance

Contract Type:
Employment contract

Salary:

200000.00 - 300000.00 USD / Year

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Job Description:

We are seeking a highly experienced and strategic Director to lead the development and implementation of a comprehensive fraud detection and prevention program within the F&S business. This role will be instrumental in safeguarding the firm's assets, mitigating financial crime risks, and ensuring adherence to regulatory requirements. The successful candidate will possess deep expertise in fraud risk management, a strong understanding of financial products, and proven leadership capabilities.

Job Responsibility:

Design, develop, and implement a robust, end-to-end fraud detection and prevention program tailored to the specific risks inherent in F&S
Conduct regular and comprehensive fraud risk assessments to identify vulnerabilities, emerging threats, and potential control gaps within business processes, systems, and transactions
Formulate and execute strategic initiatives to enhance fraud detection capabilities, including the adoption of advanced analytics, machine learning, and other technological solutions
Establish and maintain clear, effective policies, procedures, and controls to prevent, detect, and respond to fraudulent activities
Ensure alignment with global financial crime standards and local regulatory requirements
Oversee the investigation of suspected fraudulent activities, working closely with internal security, legal, compliance, and audit teams, as well as external law enforcement when necessary
Collaborate extensively with business heads, operations, technology, legal, compliance, and other control functions to embed fraud prevention measures into daily operations and new product development
Ensure the program complies with all relevant anti-fraud laws, regulations, and industry best practices
Stay abreast of changes in the regulatory landscape and adjust the program accordingly
Develop key performance indicators (KPIs) and metrics to monitor the effectiveness of the fraud program
Provide regular reporting to senior management and relevant committees on fraud trends, risks, and program performance
Develop and deliver training programs to raise awareness of fraud risks and prevention techniques across the business unit
Potentially lead and mentor a small team or matrix-manage resources dedicated to fraud prevention efforts

Requirements:

Minimum of 10+ years of experience in fraud risk management, financial crime, forensic investigations, legal, or a related field within the financial services industry, preferably with exposure to capital markets, financing, or securitization products
Demonstrated experience in designing, implementing, and managing comprehensive fraud prevention programs
Proven experience at a Director level or equivalent leadership role
Bachelor's degree required
Advanced degree (e.g., MBA, JD) or relevant professional certifications (e.g., CFE, ACAMS) highly preferred
Deep understanding of fraud typologies, red flags, and prevention techniques relevant to complex financial products and transactions
Strong knowledge of global financial crime regulations and compliance frameworks (e.g., AML, sanctions, anti-bribery)
Excellent analytical and problem-solving skills, with the ability to interpret complex data and identify patterns
Proficiency in leveraging technology for fraud detection (e.g., data analytics tools, fraud monitoring systems)
Exceptional communication (written and verbal), interpersonal, and presentation skills, with the ability to influence and collaborate effectively across all levels of the organization
Strong organizational skills with the ability to manage multiple priorities and projects simultaneously
High degree of integrity, ethical conduct, and discretion

What we offer:

medical, dental & vision coverage
401(k)
life, accident, and disability insurance
wellness programs
paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Additional Information:

Job Posted:
October 04, 2025

Expiration:
October 09, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Director, Fraud Detection and Prevention Lead

Citi

Location:United States, New York

Category:Finance

Contract Type:Employment contract