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Senior Manager, Fraud Strategy

Neo Financial
Toronto, CAN
Full Time
Manager
Hybrid
1 weeks ago
Fraud StrategyRisk ManagementData AnalysisCross functional CollaborationVendor ManagementTeam Leadership
Free

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Fraud StrategyRisk ManagementData Analysis
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Role Purpose

  • The Senior Manager, Fraud Strategy is responsible for developing and executing fraud prevention, detection, and mitigation strategies across Neo's products and business lines.

Key Responsibilities

  • Develop, implement, and continuously optimize fraud strategies across client onboarding, authentication, transactions, and account management.
  • Actively manage false positive thresholds that balance loss mitigation with customer experience and operational capacity.
  • Monitor emerging fraud threats and attack patterns, updating rules and strategies to close gaps proactively.
  • Own the fraud strategy contribution for new product and feature launches.
  • Build and maintain analytical frameworks to measure, monitor, and report on fraud portfolio performance.
  • Support the fraud loss forecasting process quarterly and annually.
  • Track and report on KPIs across customer experience, fraud losses, operational effectiveness, and portfolio health.
  • Partner with Data Science, Engineering, Product, Fraud Operations, Credit Risk, and other key stakeholders to deliver fraud initiatives end to end.
  • Translate fraud risk requirements into clear technical specifications and business requirements.
  • Collaborate with Customer Experience teams to design fraud processes that protect customers without degrading their journey.
  • Manage day to day external vendor and data partner relationships.
  • Evaluate new technologies and solutions and bring recommendations to the Senior Director.

Performance Metrics

  • Fraud losses at or below defined risk appetite thresholds and industry benchmarks.
  • False positive rate and customer friction metrics across fraud controls.
  • Fraud KPIs across onboarding, authentication, transactions, and account management.
  • Accuracy of quarterly and annual fraud loss forecasts vs. actuals.
  • Vendor performance against contracted SLAs and strategic objectives.
  • Team performance, development, and retention of fraud strategy analysts.

Compensation

  • Compensation Range: CA$90K CA$110K

Working at Neo

  • The people who thrive at Neo are resourceful, growth oriented, and driven to win.
  • We primarily collaborate in person across our Calgary, Winnipeg, and Toronto offices.
  • For select roles, equity participation reinforces that mindset by giving employees a direct stake in the company’s long term success.

Apply with us

  • Successful candidates for this position will be required to undergo a security screening, including a criminal records check and a credit check.
  • Neo Financial leverages artificial intelligence (AI) to reinforce our candidate evaluation process.

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