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ClarityPay · 1 month ago

Director of Fraud Risk

Atlanta

Full-time

Hybrid

Senior Level, Lead/Staff

8+ years exp

ClarityPay is a fast-growing fintech empowering enterprise merchants with smarter pay-over-time solutions. The Director of Fraud Risk will be responsible for the end-to-end fraud management strategy and governance, ensuring the integrity and security of the ClarityPay ecosystem while minimizing fraud losses.

Financial Services

Responsibilities

Fraud Risk Strategy Ownership: Define, implement, and maintain the comprehensive enterprise-wide fraud risk management framework, policies, and standards (including prevention, detection, and response)

Loss Minimization & Reporting: Be accountable for total cost of risk, including fraud losses, cost of false positives, and operational expenses. Define Key Risk Indicators (KRIs), monitor performance against defined risk appetite, and prepare executive-level materials for senior governance forums

Risk Governance & Oversight (Second Line): Provide independent risk oversight and effective challenge to the 1st Line Fraud Operations and Business Units, ensuring controls are documented, tested, and operating effectively

Incident Management & Remediation: Oversee the fraud incident management lifecycle, ensuring timely escalation, root cause analysis, and effective, end-to-end remediation of control weaknesses

Identity & Authentication Strategy: Lead the strategic implementation of robust Know Your Customer (KYC), Identity Verification (IDV), and anti-Account Takeover (ATO) protocols, leveraging advanced data and encryption technology to enhance security without creating unnecessary user friction

Advanced Analytics & Modeling: Partner with Engineering and Data Science teams to drive the roadmap for automated risk capabilities, including the development, validation, and implementation of machine learning models and sophisticated rules engines to proactively identify and flag high-risk behavior

Channel and Partner Risk: Develop robust monitoring and surveillance systems for the 1,900+ merchants and various distribution channels served by ClarityPay to detect coordinated fraud rings, anomalous origination patterns, and merchant performance risk

New Product Advisory: Provide subject matter expertise and proactive risk advisory support for all new product launches, services, and strategic projects, ensuring controls are built in from the ground up (Shift-Left Risk Management)

Qualification

Fraud Risk ManagementMachine Learning ModelsKYC/AML ComplianceSQLPythonRLeadershipCommunication Skills

Required

8+ years of progressive, hands-on experience in Risk Management, with at least 3-5 years in a leadership role specifically focused on fraud detection and prevention within the FinTech, banking, or payments industry

Deep expertise in the technical tools used for fraud defense, including rules engines, device intelligence, consortium data, and machine learning models

Strong analytical mindset with expert experience in SQL and proficiency with Python or R for large-scale data manipulation, exploratory analysis, and pattern detection

Strong working knowledge of financial crime typologies and regulatory compliance requirements (e.g., related to KYC/AML) and industry best practices

Exceptional communication and presentation skills, with a proven ability to influence stakeholders, negotiate cross-functionally (Product, Engineering, Finance), and mentor a team of analysts

A passion for honest financial products and transparency, and a proven ability to uphold our value of pushing the envelope by taking smart, accountable risks to innovate our fraud detection capabilities