Fraud Manager

Fraud Manager

Los Angeles, CA | On-Site

Westlake Financial is the largest privately held finance company in the Nation.

With assets nearing $24 Billion and revenues of approximately $4.4 Billion, we are offering an exciting opportunity to join a highly successful organization poised for continued growth and expansion within the Auto Finance and Technology industries. Westlake's success is rooted in our ability to work dynamically and leverage technology to navigate fast-paced environments. We are looking to hire a talented and motivated individual who thrives in an entrepreneurial environment that encourages innovation and critical thinking. Westlake Financial believes in people with the purpose and passion to assist our more than 21,000 dealer partners throughout North America.

Job Summary:

We are seeking a proactive and experienced Fraud Manager to join our Originations team at Westlake Financial Services.

The Fraud Manager will be responsible for managing a team of Fraud Analysts responsible for the detection and investigation of fraudulent documents and activity. Ensuring the protection of the company's financial assets and mitigating risk associated with fraudulent activities. Will work closely with cross functional departments such as risk management, dealer compliance, and WFI to identify and address fraud trends.

Key Responsibilities:

Fraud Prevention & Detection:

• Develop, implement, maintain fraud detection and prevention strategies to minimize exposure to fraudulent activities.
• Utilize data analysis tools and fraud detection technologies to identify suspicious activities and trends.

Team Leadership & Management:

• Lead, mentor and develop a team of fraud analysts.
• Manage/Audit the workload for the fraud team to ensure investigations are handled efficiently and accurately.
• Provide coaching, training, and support team to enhance their knowledge and capabilities in fraud detection.
• Ensure the team is adequately trained and equipped to perform their duties effectively.

Collaboration & Reporting:

• Work closely with other departments such as risk management, dealer compliance and WFI to address fraud-related issues and develop cross-functional solutions.

• Identify and escalate new fraud trends, escalate as need.
• Prepares and presents fraudulent activity to management and Fraud Prevention team.
• Works closely with Point Predictive, Sentilink.

Skills & Competencies:

• Strong leadership and team management skills, with ability to motivate, coach and develop a team.
• Ability to analyze data, identify trends, and make sound judgments.
• Excellent communication skills, both written and verbal, with the ability to present findings and recommendations to senior management.
• Ability to identify and resolve complex problems.

Additional Requirements:

• Strong attention to detail and the ability to manage multiple priorities effectively.
• Ability to maintain confidentiality and handle sensitive information with discretion.
• Strong organizational and time management skills, with the ability to work under pressure in a fast-paced environment.

What's the expected pay for the role?

• $120,000 to $140,000 per year
• The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure when applicable.

What do we offer?

• Medical, Dental, and Vision benefits
• Life Insurance, Flexible Spending Account
• 401K matching
• Employee Stock Ownership Program, plus company matching
• Wellness Program, Daily Team Exercises
• Westlake University, Certification Programs
• Career Path Opportunities
• Discounts on Parks, Museums, Movie Tickets, and Attractions
• AT&T Wireless Discounts
• Paid Vacations Days
• Paid Sick days
• Paid holidays
• Rental Car Discounts
• Dell Member Purchase Program
• UKG Wallet - pay advance

AcknowledgementWe will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
We are an equal opportunity employer and do not unlawfully discriminate in employment. No question on this application is used for the purpose of limiting or excluding any applicant from consideration for employment on a basis prohibited by local, state, or federal law. Equal access to employment, services, and programs is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative of the organization.