Job Description

Position Title: Senior Compliance Officer - Fraud & Payments
Reports to: Chief Compliance Executive
Classification: Exempt
Pay Grade: $120,000-150,000

A leading financial services organization is seeking a Senior Compliance Officer to oversee compliance efforts related to fraud prevention, retail payment systems, and check processing. This senior-level role is responsible for developing, implementing, and managing the organization's compliance program in these areas. The position provides strategic guidance on emerging fraud trends, payment security, and regulatory developments, and collaborates with internal stakeholders to implement effective risk mitigation controls.

• Serve as a subject matter expert on fraud prevention, payment regulations, and security compliance, including card and retail payment systems, ACH, wire transfers, and digital payment platforms.
• Interpret and apply new regulations, ensuring internal policies and procedures align with regulatory requirements.
• Advise executive leadership on fraud risks and industry trends, proactively identifying and mitigating potential threats to payment operations.
• Lead the design and execution of compliance testing and monitoring programs related to fraud and payments.
• Collaborate with business units to resolve incidents and ensure appropriate follow-up, including regulatory reporting.
• Prepare detailed compliance reports and provide guidance on incident response protocols.
• Address compliance issues arising from audits, regulatory reviews, or internal assessments.
• Conduct research and respond to inquiries related to fraud and payment compliance.
• Stay informed on industry standards, trends, and regulatory changes.
• Partner with risk officers to analyze complaint trends and root causes related to fraud and payments.
• Perform other duties as assigned.

• In-depth knowledge of fraud prevention strategies and payment system regulations, including PCI DSS, ISO 20022, NACHA rules, and relevant federal/state anti-fraud laws.
• Strong understanding of regulatory frameworks for electronic payments, including UCC, TILA/Reg Z, NACHA, Regulation CC, Regulation E, and instant payments.
• Analytical skills to identify trends and risks using data-driven insights.
• Familiarity with systems such as MeridianLink Loans PQ, DNA, Payment Exchange, DTS/Quavo, Friday, Encompass, or similar platforms is a plus.
• Knowledge of traditional and emerging payment networks, including Visa, Mastercard, and unaffiliated POS/ATM networks (e.g., Pulse, Accel, Co-op).
• Excellent organizational, time management, and communication skills.
• Ability to work independently and collaboratively across departments.
• Proficiency in Microsoft Office Suite.

• At least 10 years of experience in compliance, fraud prevention, or payment systems within the financial services industry.
• Bachelor's degree in Finance, Business, or a related field preferred.
• Professional certifications such as CRCM, CUCE, or NCCO are preferred.

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