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Director, Debit Card Fraud Risk

Jersey City, NJ
Full-Time

Job Description

Job Description:

Director, Debit Card Fraud Risk

Fraud Risk & Control

Job Description

The Fraud Risk and Control's (FRC) Debit Card Team is responsible for ensuring that the Fraud Program for Fidelity's Debit Card portfolios are effectively protecting customers and Fidelity from the risk of fraud while delivering a remarkable customer experience. As a Director in the Debit Card Fraud Team, you will be responsible to support the design and oversight of the Debit Card Fraud Management Program as well as to support Debit Card related strategic initiatives with fraud control subject matter expertise. You will deliver value to the team by providing analytical insights, fraud control and debit card subject matter expertise as well as participating in the daily operation of the team to prevent and detect fraud and mitigate its impact. Specifically, you will:

  • Design dashboards, reports and Key Performance Indicators and monitor that fraud losses, customer experience and costs are within the company's expectations.
  • Use data to generate insights, interpret trends and support root cause analysis.
  • Support strategic changes and initiatives by designing and specifying fraud controls and ensure their effective implementation.
  • Develop policies and procedures, conduct reviews to manage and mitigate fraud.
  • Liaise and collaborate with key partner teams to ensure effective fraud controls are in place for the existing Debit Card Portfolios and for new strategic initiatives.
  • Influence the broader strategic decisions of the Debit Card Product Team by providing fraud control insights and communicate the priorities of the FRC team.
  • Collaborate with partner teams to respond to fraud events, mitigate risk and customer impact.

The Expertise We're Looking For

  • Batchelor degree in economics, finance, data or computer science or similar technical fields,
  • 10+ years of work experience in finance and fraud or related fields
  • Proven experience in fraud management for payment cards in financial services industry
  • Familiarity with current trends and risks in the Payment Card Industry and debit cards specifically
  • Hands on experience in generating analytical insights from large scale data using python and SQL or similar programming languages
  • Experience in project management and problem solving in complex environment.
  • Familiarity with process mapping, control design and fraud investigations
  • Excellent communication skills and ability to collaborate with a diverse set of key stakeholders
The base salary range for this position is $110,000-222,000 USD per year.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.

Certifications:

Category:

Information TechnologyPDN-a0927f1e-6cbd-44b0-86c6-91565353eea6

Job Description:

Director, Debit Card Fraud Risk

Fraud Risk & Control

Job Description

The Fraud Risk and Control's (FRC) Debit Card Team is responsible for ensuring that the Fraud Program for Fidelity's Debit Card portfolios are effectively protecting customers and Fidelity from the risk of fraud while delivering a remarkable customer experience. As a Director in the Debit Card Fraud Team, you will be responsible to support the design and oversight of the Debit Card Fraud Management Program as well as to support Debit Card related strategic initiatives with fraud control subject matter expertise. You will deliver value to the team by providing analytical insights, fraud control and debit card subject matter expertise as well as participating in the daily operation of the team to prevent and detect fraud and mitigate its impact. Specifically, you will:

  • Design dashboards, reports and Key Performance Indicators and monitor that fraud losses, customer experience and costs are within the company's expectations.
  • Use data to generate insights, interpret trends and support root cause analysis.
  • Support strategic changes and initiatives by designing and specifying fraud controls and ensure their effective implementation.
  • Develop policies and procedures, conduct reviews to manage and mitigate fraud.
  • Liaise and collaborate with key partner teams to ensure effective fraud controls are in place for the existing Debit Card Portfolios and for new strategic initiatives.
  • Influence the broader strategic decisions of the Debit Card Product Team by providing fraud control insights and communicate the priorities of the FRC team.
  • Collaborate with partner teams to respond to fraud events, mitigate risk and customer impact.

The Expertise We're Looking For

  • Batchelor degree in economics, finance, data or computer science or similar technical fields,
  • 10+ years of work experience in finance and fraud or related fields
  • Proven experience in fraud management for payment cards in financial services industry
  • Familiarity with current trends and risks in the Payment Card Industry and debit cards specifically
  • Hands on experience in generating analytical insights from large scale data using python and SQL or similar programming languages
  • Experience in project management and problem solving in complex environment.
  • Familiarity with process mapping, control design and fraud investigations
  • Excellent communication skills and ability to collaborate with a diverse set of key stakeholders
The base salary range for this position is $110,000-222,000 USD per year.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.

Certifications:

Category:

Information TechnologyPDN-a0927f1e-6cbd-44b0-86c6-91565353eea6

About Fidelity Investments

At Fidelity, since our founding in 1946, we have been dedicated to strengthening and security our clients’ financial well-being through exceptional service and innovative solutions. We empower over ~50 million people to achieve their most important financial goals, manage employee benefit programs for nearly 24,000 businesses, and support more than 16,000 wealth management firms and institutions with cutting-edge investments and technology. Our diverse business portfolio and independence provide us with a comprehensive view of the market and the stability to deliver long-term value for our customers. As the financial industry evolves and customer needs grow more complex, Fidelity continues to reinvent, innovate, and transform to meet the challenges of tomorrow’s financial landscape.
 

*Specifically serviced by our Clearing & Custody team within Fidelity Institutional

 

Fidelity TalentSource, is the in-house temporary staffing provider for Fidelity Investments. Unlike traditional staffing agencies, we are an internal business unit within Fidelity’s Talent Acquisition team, dedicated to recruiting talent from various backgrounds for roles in Fidelity’s regional and investor center locations. Our mission is to help you experience Fidelity’s diverse and inclusive workplace while expanding your skill set and professional network, with the ultimate goal of conversion to full-time employment as part of Fidelity’s long-term strategy. To learn more about temporary positions at Fidelity Investments, visit FidelityTalentSource.com.

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Director, Debit Card Fraud Risk
Fidelity Investments
Jersey City, NJ
Dec 12, 2025
Full-time
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