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Bank of the West Sr Fraud Prevention New Account Strategist in Fargo, North Dakota

Sr Fraud Prevention New Account Strategist


At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.

Position Summary

The Sr. Fraud Prevention New Account Strategist will be accountable for monitoring and developing fraud risk strategies for account opening. You will engage with the lines of businesses to understand the new account opening capabilities and lead the development of fraud processes, strategies and controls to mitigate fraud risk during all facets of the account opening process while balancing customer experience, operational and product P&L impacts. Responsibilities include evaluation of new tools and processes to enhance detection/prevention, monitoring strategy performance, and reporting on overall fraud losses. Reconcile key performance and risk metrics and condense/summarize portfolio performance for our Executives and Business Partners. Focus on driving reductions in fraud losses through effective rule and model management, analytics and partnership with fraud operations and external vendors.

The candidate should have a strong background in digital account originations. Your role is critical to Bank’s growth and fraud risk reduction. This dynamic role will demand adaptability; Autonomy is a necessity as you will be trusted with making decisions that count.

This role:

  • Develops best practices and processes for fraud scoring rules, strategies, and other business improvements to reduce fraud activity and chargebacks to consumer deposit transactions.

  • Must have prior experience working with fraud solution vendors to drive control changes.

  • Defines and documents business requirements, processes and methodologies needed to develop and support fraud prevention systems.

  • Experience working closely with senior leaders, a high level of business acumen and the ability to work collaboratively across teams and organizations.

  • Extensive experience leading complex cross-functional initiatives, adept at leading cross-functional teams to make strategic decisions and execute.

  • Makes recommendations to management for improvements to various projects, tasks, and objectives. Describes business problems/solutions.

  • Assists with the development, implementation, and monitoring of fraud prevention initiatives including concentration analysis and establishment of exposure limits.

  • Partners with analytics, risk operations and technology groups to identify data sources and develop processes for capturing required data.

Other Job Duties

  • Serves as the project lead on strategic fraud prevention projects.

  • Participate in integration task forces for strategic projects.

  • Performs other duties as assigned.



  • Strong knowledge of the fraud management life cycle and industry trends.

  • Experience in Financial Services or FinTech.

  • Requires deep knowledge of job area typically obtained through advanced education combined with experience.

  • Have broad knowledge of project management and business process reengineering.

  • Requires 10 years minimum prior relevant experience.


  • Bachelor's Degree in Finance, Statistics,Economics, Information Technology or related field required


  • Comprehensive knowledge of the Bank's fraud prevention controls, risk processes, systems and data environments.

  • Advanced business process analysis and process reengineering skills.

  • Proven ability to track, prioritize, and drive multiple concurrent projects to success.

  • Has strong analytical and organizational skills and demonstrates the ability to solve complex problems by reviewing related information.

  • Demonstrates a strong sense of urgency and is able to work in a fast-paced, ever-changing environment with a strong focus on risk mitigation and customer experience.

  • Excellent management and control of work flows to produce deliverables within required timeframes and quality standards.

  • Created and presented business cases to Executives for funding approval

  • Excellent knowledge of project management.

  • Keen focus on business process optimization.

  • Good inter-personal and partnering skills to facilitate effective working relationships.

  • Solid understanding of financial industry, risk management, fraud, and/or information security.

  • Ability to adjust to rapidly changing fraud environment and prioritize deliverables.

  • Ability to condense information and transform technical data into easily understandable concepts for the business units.

EqualEmployment Opportunity Policy

Bank of the West is an Equal Opportunity employer and proud

to provide equal employment opportunity to all job seekers without regard to

any status protected by applicable law. Bank of the West is also an Affirmative

Action employer -Minority / Female / Disabled / Veteran.

Bank of the West will consider for employment qualified

applicants with criminal histories pursuant to the San Francisco Fair Chance

Ordinance subject to the requirements of all state and federal laws and


Job: Security

Location: United States-North Dakota-Fargo

Other Locations: United States-Nebraska-Omaha, United States-Arizona-Tempe

Requisition ID: 051376