Maplesoft Group is currently seeking an Onsite Fraud Architect (Banking) for our client.
Tasks and Responsibilities include, but are not limited to the following:
The Fraud Architect is responsible for designing and implementing fraud detection and prevention systems, ensuring the security and integrity of financial transactions and data.
Key Responsibilities
• Design and Architecture: Lead the architecture for fraud detection systems, including KYC (Know Your Customer) and AML (Anti-Money Laundering) solutions, utilizing platforms like NICE Actimize and LexisNexis Bridger.
• Fraud Risk Management: Develop and optimize fraud risk management solutions, integrating advanced fraud detection techniques and machine learning models to analyze fraud patterns.
• Collaboration: Work closely with crossfunctional teams, including engineering, data science, compliance, and business units, to implement new fraud prevention initiatives and ensure alignment with compliance standards.
• Continuous Improvement: Monitor and evaluate the effectiveness of fraud detection systems, making recommendations for enhancements based on emerging fraud trends and regulatory changes.
• Documentation and Strategy Development: Create and document fraud prevention strategies, rules, and thresholds, ensuring they are in line with industry best practices and compliance requirements.
• Training and Support: Provide training and support to internal teams and partners on fraud detection mechanisms and best practices.
Required Skills and Qualifications:
• Experience: 10+ years of experience in fraud prevention, risk management, or cybersecurity, with a strong background in financial crime prevention strategies.
• Technical Proficiency: Hands-on experience with fraud detection systems, risk engines (e.g., FICO, SAS), and cloud-based platforms (e.g., AWS).
• Analytical Skills: Strong analytical and problem-solving skills, with the ability to identify fraud patterns and translate them into actionable strategies.
• Communication Skills: Excellent communication skills to simplify complex fraud detection concepts for stakeholders at all levels.
• Education: A bachelor's degree in computer science, information technology, or a related field is required; advanced degrees or certifications in cybersecurity or fraud prevention are a plus.
Work Environment
• The role may involve collaboration with various departments and may require participation in audits and compliance reviews related to fraud prevention controls.
Maplesoft Group prides itself on its distinct corporate culture and recognizes that success is a direct reflection of our most valuable asset - our people. Therefore, attitude and ambition are key personality traits we seek out, along with skill and aptitude, in potential employees.
Maplesoft Group is committed to having a diverse, representative workforce and continuing to build an inclusive environment. We encourage applications from all qualified individuals. Maplesoft Group is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants irrespective of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans’ status, Aboriginal peoples or any other legally protected factors.
All employment decisions are made based on business needs, job requirements, and individual qualifications.
We are committed to developing inclusive, barrier-free recruitment and selection processes, and a work environment that supports our diverse workforce. Please let us know if you require accommodations at any stage of the recruitment process. We can be reached at Maplesoft Info at info@maplesoftgroup.com.
We thank you for your interest in Maplesoft Group and wish to advise you, that only candidates under consideration will be contacted.