Assistant Vice President Fraud Operations

Are you a highly experienced and strategic leader with a passion for combating fraud? Do you thrive in a fast-paced and constantly evolving environment? HSBC, one of the world's largest banking and financial services organizations, is seeking an Assistant Vice President of Fraud Operations to join our dynamic team. As the AVP of Fraud Operations, you will play a critical role in protecting our customers and the bank from financial crimes. We are looking for a driven and results-oriented individual to lead our team and drive continuous improvement in our fraud prevention and detection strategies. If you are ready to take on this challenge and make a real impact, we want to hear from you.

1. Develop and implement strategies for fraud prevention and detection, in line with industry best practices and regulatory requirements.
2. Lead and manage a team of fraud analysts, providing guidance, support, and performance management to ensure optimal performance and adherence to policies and procedures.
3. Monitor and analyze the bank's fraud data to identify trends, patterns, and potential areas of vulnerability, and take proactive measures to mitigate risks.
4. Collaborate with cross-functional teams, including technology, compliance, and risk management, to enhance fraud detection and prevention capabilities.
5. Stay current on emerging fraud trends, technologies, and regulatory changes, and make recommendations for adapting the bank's fraud prevention strategies accordingly.
6. Develop and maintain relationships with external partners, such as law enforcement agencies and industry associations, to stay informed on fraud trends and share best practices.
7. Develop and maintain policies, procedures, and controls related to fraud prevention and detection, and ensure their effective implementation.
8. Serve as a subject matter expert on fraud-related matters, providing guidance and support to other teams within the bank.
9. Continuously review and improve fraud prevention processes and procedures to enhance efficiency and effectiveness.
10. Produce regular reports and presentations on fraud trends, incidents, and mitigation efforts for senior management and regulatory bodies.
11. Foster a culture of fraud awareness and prevention within the organization through training and communication initiatives.
12. Handle escalated fraud cases and conduct investigations as necessary.
13. Collaborate with internal and external auditors to ensure compliance with regulatory requirements and internal policies related to fraud prevention and detection.
14. Act as a key point of contact for fraud-related inquiries from internal and external stakeholders.
15. Participate in industry forums and conferences to stay informed on fraud trends and developments, and represent the bank's interests.

According to JobzMall, the average salary range for a Assistant Vice President Fraud Operations in Buffalo, NY, USA is $81,000-$121,000 per year. This may vary depending on factors such as experience, education, and specific job duties.

HSBC Holdings Plc operates as a holding company for the HSBC Group. It provides banking and financial services through four global businesses, including Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets and Global Private Banking. The company's operating segments are organized into six geographical regions, including Europe, Hong Kong, Rest of Asia Pacific, Middle East and North Africa, North America and Latin America.