Fraud Product Manager (First Line of Defense)

Join a Premier Global Financial Institution Are you ready to make an impact at one of the world's most respected financial organizations? We are seeking a high-caliber Project Specialist IV / Fraud Product Manager to join a flagship Wealth Management Credit Card division. This is a critical opportunity to work within a leading bank, specifically supporting a premier private and commercial banking subsidiary known for its elite client base and global reach.

The Opportunity

• Role: Project Specialist IV (First Line Fraud Strategy)
• Pay Rate: $50.00/hr (W2)
• Employment Type: Contract (June 1, 2026 – November 27, 2026)
• Location: Newark, DE 19713
• Schedule: Hybrid (3 days per week onsite)
• Hours: First Shift (8:00 AM – 5:00 PM)

The Mission

In this role, you will develop, implement, and manage the first-line fraud product strategy. You will ensure comprehensive coverage of internal and external fraud risks across end-to-end processes that span multiple business units. This is a production-bound, high-visibility role requiring a blend of strategic design and technical partnership.

Key Responsibilities

• Strategy & Implementation: Manage first-line fraud product practices to ensure comprehensive coverage of internal and external threats across multiple businesses.
• Risk Mitigation: Identify upcoming threats and formulate robust fraud risk strategies; partner with technology teams to design and develop cutting-edge mitigation solutions.
• Leadership Collaboration: Work directly with senior leadership to embed fraud risk profiles and risk appetite into strategic decision-making.
• Requirement Analysis: Collaborate with fraud analysts, risk managers, and tech teams to prioritize and gather requirements for detection systems based on business impact.
• Solution Design & Roadmapping: Translate requirements into detailed specifications and create a roadmap for system enhancements and new feature launches.
• Executive Reporting: Design tools to support the reporting of fraud risk profiles, analysis, and exposures to Executives and Senior Management, highlighting emerging risks and control infrastructure.
• Quality Assurance: Define test plans and conduct User Acceptance Testing (UAT) to validate the effectiveness of fraud detection algorithms and system performance.
• Governance: Participate in committees and review activities to ensure fraud risks for new products and transformational initiatives are identified and addressed.

Required Qualifications

• Education: Bachelor’s Degree in a related field (or an Associate’s Degree with 2+ years of relevant experience).
• Industry Knowledge: Fundamental understanding of fraud product development concepts, practices, and procedures.
• Analytical Prowess: Strong ability to collect, research, and analyze complex data sets to identify and resolve problems in a timely manner.
• Project Discipline: Proven skill in completing complex projects on time and within budget while maintaining high accuracy.
• Communication: Exceptional verbal and written communication skills; ability to present numerical data effectively and support the reasoning behind strategic decisions.
• Collaborative Mindset: Ability to work effectively in group problem-solving situations and respond to requests for service with commitment and urgency.