Senior Fraud Risk Manager
Earnest$180,000 - $217,000/year
Full Time
Senior (5 to 8 years), Junior (1 to 2 years)
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
NoVisa
Financial ServicesIndustries
Requirements
- Bachelor’s degree required; equivalent experience considered
- 5+ years of experience in fraud, risk management, audit, or compliance within financial services
- Strong knowledge of risk management practices and frameworks
- Familiarity with systems such as Archer
- Excellent analytical and problem-solving skills
- Understanding of investment products (preferred)
- Proven ability to identify and mitigate fraud risks
- Proficiency in documenting and maintaining comprehensive control statements
- Experience in risk assessment and control evaluation
- Strong verbal and written communication skills
- Decisive, action-oriented, and solution-focused mindset
- Critical thinker with curiosity and creativity to challenge current practices and recommend improvements
- Ability to manage multiple priorities in a fast-paced environment with minimal supervision
Responsibilities
- Identify and mitigate fraud risks across Fidelity’s products and business units
- Execute risk assessments
- Document key controls
- Collaborate with partners to strengthen the enterprise fraud risk management framework
- Support end-to-end risk assessment processes
- Help stakeholders identify risks for existing initiatives
- Promote a strong control environment by documenting risk and control statements
- Champion process improvements
- Manage overlap with other compliance programs
- Make actionable recommendations to enhance fraud prevention
- Adapt to changing priorities and work on multiple projects simultaneously
- Foster an inclusive team environment
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the base salary range for this Senior Manager, Risk position?
The base salary range is $89,000-180,000 USD per year, with placement varying based on job responsibilities, scope, geographic location, candidate’s relevant experience, and other factors.
What benefits are offered for this role?
Benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, and a charitable giving employee match program. The total compensation package may also include bonus or other variable compensation depending on position and eligibility.
Is this position remote or does it require office work?
This information is not specified in the job description.
What key skills and experience are required for this role?
Requirements include a Bachelor’s degree or equivalent experience, 5+ years in fraud, risk management, audit, or compliance in financial services, strong knowledge of risk management practices, excellent analytical and problem-solving skills, and strong verbal and written communication skills.
What is the team culture like for the Fraud Risk & Control team?
The team is collaborative, dedicated to safeguarding against fraud risks, promotes a strong control environment, champions an inclusive culture, and adapts quickly to evolving business needs.
Fidelity Investments
Investment management and financial services provider
About Fidelity Investments
Fidelity Investments offers a range of financial services and tools designed to help individuals manage their investments and stay informed about the markets. Their products include mobile applications and market monitoring tools that provide users with real-time market quotes, news, and trading capabilities. For example, the Fidelity Market Monitor for Glass delivers daily market quotes directly to Google Glass, while the Fidelity app for Windows Phone 8 allows users to access news and trading tools on their mobile devices. Additionally, features like the Watch List Visualization for iPad help users track stock price changes over time using a heatmap. What sets Fidelity apart from its competitors is its focus on integrating new technologies and user-friendly interfaces to enhance the investment experience. The goal of Fidelity Investments is to empower individuals with the information and tools they need to make informed financial decisions.
Boston, MassachusettsHeadquarters
1946Year Founded
$120,238.8MTotal Funding
DEBT_FINANCINGCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees
Benefits
Health Insurance
Mental Health Support
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Parental Leave
Student Loan Assistance
Tuition Reimbursement
Risks
Loss of key personnel like Gita Bal may impact Fidelity's research capabilities.
Increased competition from Vanguard's new division could draw clients away from Fidelity.
Potential reputational risk from Bitcoin ETF outflows could affect Fidelity's offerings.
Differentiation
Fidelity Labs offers innovative beta products like Market Monitor for Google Glass.
Fidelity's mobile solutions are available on multiple platforms, including Windows Phone and iPad.
Fidelity's Open Limit Order Visualization provides unique insights into order execution proximity.
Upsides
Increased adoption of wearable tech could boost Fidelity's mobile solutions.
Growing interest in Bitcoin ETFs suggests expansion in Fidelity's digital asset offerings.
Rise of AI could benefit Fidelity's data analytics and AI-driven investment strategies.
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