Director, Enterprise Fraud and Risk Management

Company: IRALOGIX, Inc. Position: Director, Enterprise Fraud and Risk Management Location: Pittsburgh, PA/Charlotte, NC/Hybrid Job Type: FTE Industry: Retirement Services/FinTech Software Travel: 0%-5% IRALOGIX is the leading financial technology company transforming the $17 trillion IRA market with cloud-based, fully digital IRA solutions for America’s financial institutions. By modernizing how IRA accounts are managed, invested, and delivered, we expand access to retirement savings while helping our client-partners grow and compete. At IRALOGIX, we’re proud that our employees are part of a collaborative, fast-growing organization where ideas are valued and ownership is encouraged. We invest in sophisticated, next-gen technology, clear processes, and strong partnerships so our teams can do their best work and see the real-world impact of what they create. And we’re committed to building a workplace that supports learning, innovation, and long-term career development, allowing employees to grow alongside the company. Role As a Director, Enterprise Fraud and Risk Management you will serve as the lead of our fraud prevention, anti-money laundering (AML), and broader enterprise risk management programs. This role combines strategic oversight with hands-on development of detection systems, monitoring protocols, and regulatory reporting processes. The incumbent will build and maintain a comprehensive risk management framework using both internally developed tools and commercial solutions to protect our clients and the firm from fraud and other financial crimes.

Responsibilities

Risk Monitoring & Remediation

• Monitor and analyze transactional activity across IRA accounts to identify unusual patterns, suspicious behavior, and potential fraud
• Investigate alerts and cases involving suspected fraud, money laundering, or other financial crimes
• Take prompt corrective action on identified risks, including account restrictions, enhanced due diligence, and case escalation
• Coordinate remediation efforts with operations, client services, and legal teams
• Track and report on risk incidents, trends, and resolution outcomes

Fraud & AML Program Development

• Design and implement comprehensive fraud prevention and anti-money laundering detection programs
• Evaluate, select, and integrate commercial fraud detection and AML monitoring tools
• Develop and maintain internally-built detection rules, algorithms, and monitoring dashboards
• Create and refine risk scoring models for account opening, contributions, distributions, and trading activity
• Establish transaction monitoring thresholds and parameters appropriate for IRA operations
• Build quality assurance processes to test detection system effectiveness

Regulatory Reporting & Compliance

• Develop and manage Suspicious Activity Report (SAR) filing program in accordance with FinCEN requirements
• Prepare and submit timely SARs for money laundering, fraud, and other suspicious activities
• Maintain Currency Transaction Report (CTR) filing processes as applicable
• Document investigations and maintain case files meeting regulatory standards
• Serve as primary liaison with law enforcement and regulatory agencies on financial crime matters
• Stay current on BSA/AML regulations, OFAC requirements, and FinCEN guidance affecting IRA services

Program Management & Documentation

• Create and maintain fraud prevention and AML policies and procedures
• Develop training materials and conduct staff training on fraud indicators and reporting obligations
• Establish Key Risk Indicators (KRIs) and reporting metrics for executive leadership and board oversight
• Conduct periodic risk assessments of IRA products, services, and delivery channels
• Prepare management reports on program effectiveness, trends, and recommendations

JOB DESCRIPTION Strategy & Approach

• Experience in providing strategic guidance to be executed as part of the Risk and Fraud programs
• Participates in executive strategy sessions to address risk issues across the entire organization

Skills and Experience The essential skills and experience for this position include, but are not limited to, the following:

• CAMS (Certified Anti-Money Laundering Specialist) or CFE (Certified Fraud Examiner) certification
• Experience with Experience with retirement accounts, securities operations, and financial services administration
• Familiarity with SQL, Python, or other data analysis programming languages
• Experience implementing commercial fraud detection or AML monitoring systems
• Prior experience building detection rules and monitoring algorithms
• Understanding of OFAC sanctions screening and customer due diligence requirements
• Analytical thinking: Ability to identify patterns, assess risk, and draw sound conclusions from complex data
• Regulatory expertise: Deep knowledge of BSA/AML requirements and commitment to compliance
• Initiative: Self-starter who can build programs from the ground up with minimal supervision
• Attention to detail: Thoroughness in investigations, documentation, and regulatory filings
• Collaboration: Ability to work effectively across departments and with external agencies
• Adaptability: Comfort working in a dynamic environment with evolving threats and regulations
• Experience applying AI and machine learning technologies to risk strategies and enhance fraud prevention.
• Discretion: Maintains confidentiality and handles sensitive information appropriately

Requirements

• Bachelor's degree in Finance, Accounting, Criminal Justice, or related field
• 10+ years of experience in fraud prevention, risk management, AML compliance, or financial crimes investigation
• Strong understanding of Bank Secrecy Act (BSA), USA PATRIOT Act, and FinCEN regulations
• Experience with SAR preparation and regulatory reporting requirements
• Demonstrated ability to analyze complex financial transactions and identify suspicious patterns
• Proficiency with data analysis tools and fraud/AML detection platforms
• Knowledge of IRA regulations and contribution/distribution rules
• Excellent investigative, analytical, and problem-solving skills
• Strong written and verbal communication skills for regulatory reporting and stakeholder engagement

IRALOGIX is an equal opportunity employer committed to building a team that embraces diversity, represents a variety of backgrounds, and upholds inclusiveness. M/F/V/D Apply tot his job Apply To this Job