Director of Data Science Risk Monitoring Solutions
Berkeley Heights, NJ - USA
Job Summary
Calling all innovators - find your future at Fiserv.
Were Fiserv a global leader in Fintech and payments and we move money and information in a way that moves the world. We connect financial institutions corporations merchants and consumers to one another millions of times a day - quickly reliably and securely. Any time you swipe your credit card pay through a mobile app or withdraw money from the bank were involved. If you want to make an impact on a global scale come make a difference at Fiserv.
Job Title
Director of Data Science - Risk Monitoring SolutionsAbout the role
As Director II ofData Science forRisk Monitoring Solutions you will be a senior leader within Merchant Solutions Decision Science & Risk Solutions responsible for shaping and executing the strategy for AI/ML-powered portfolio management capabilities that accelerate sustainable growthfor our Risk Monitoring solutions. You will lead the development of predictive models real-time decisioning andautomated risk controls that help manage fraud and credit risk exposure while enabling revenue growth and improving the overall merchant experience.
This rolewill initially oversee growth in Risk Monitoring Solutions with a primary focus on advancing real-time fraud detection capabilitiesfor existing merchant populations. As the function and business needs evolve the position may expand to include leadership ofClover CapitalandFinancial Value-Added Services creatingbroaderopportunities to driveportfolio growthand commercial value across the merchant lifecycle.
Successin this rolerequires strong partnership across Decision ScienceteamsOperationsProduct Technology and client-facing teams. You will connect analytical innovation to business strategy influence investment priorities and ensure solutions are adopted scaled and optimized to deliver growth stronger portfolio performance and an improved merchant experience.
What you will do:
- Lead the multi-year strategy for Risk Monitoring Solutions aligning capabilities product roadmaps and investment priorities to merchantrisk and fraud managementretention anddecisions focused onrisk-adjusted profitability.
- Lead modernization of portfolio analytics and decisioning through new data sources advanced AI/ML techniques real-time capabilities experimentation and reusable decision services.
- Build lead and develop a high-performing organization of Data and Decision Science professionals establishing clear priorities strengthening leadership capacity and creating a culture of innovation accountability and measurable impact.
- Identify and prioritize high-value opportunities across existing merchant portfolios using merchant behavior transaction activity and external data to improvedetection of fraud and risk events and reduce avoidable attrition.
- Own the end-to-enddevelopmentof predictive models decision frameworks and automated risk strategiesfrom opportunity sizing and business case development through deployment adoption monitoring and continuous optimization.
- Represent Risk Monitoring Solutions with senior executives clients and strategic partners communicating the vision influencing decisions and buildingstrongcapabilities.
- Maintain strong model governance controls and monitoring practices so that growth is delivered responsibly transparentlyand atscale.
What you will need to have:
- Bachelors degree in Statistics Mathematics Data Science Computer Science Engineering Economics Finance or a related quantitative discipline; advanced degree preferred.
- 12 years of progressive experience in data science predictive modelingfraud /risk analytics or a related quantitative discipline including significant experience leading leaders and multidisciplinary teams.
- Demonstrated expertise in AI/ML advanced analytics experimentation and decision optimization with experience moving solutions from concept to production and scaled business adoption.
- Proven success defining and executingdata and decision sciencestrategies that drivefraud detectionto reduce lossesrevenue growth customer retentionoperating efficiency or risk-adjusted profitability.
- Strong knowledge of payments merchant acquiring lending fraud credit risk including how data and decisioning can create value across the merchant lifecycle.
- Executive-level communication and influence skills with the ability to align senior stakeholders present compelling business cases and translate complex analytical concepts into clear decisions and outcomes.
- Experience leading cross-functional transformation across Product Technology Risk Operations Sales and client-facing organizations.
- Working knowledge of modern analytical and data technologies including Python Snowflake cloud platforms real-time decisioning and model deployment and monitoring environments.
What would be great to have:
- Masters degree or PhD in Statistics Mathematics Data Science Computer Science Engineering Economics Finance or another quantitative discipline.
- Deep expertise in AI/ML techniques and advanced statistical modeling including experience applying predictive analytics to business and risk management challengesbuilding or scaling analytics products decision platforms within payments fintech lending or financial services.
- Expertise in fraud credit risk merchant lifecycle analytics and customer retention strategies.
- Track record of commercializing analytical capabilities and partnering with Product and Sales teams to strengthen client propositions and support revenue growth.
- Experience leveraging credit bureau alternative and third-party data sources to enhance risk assessments predictive models and automated decision strategies.
- Experience leading organizational change modernizing analytical practices and developing senior technical and people leaders.
How you will work:
This role is on-site Monday through Friday. Fiserv considers in-person collaboration to be an essential part of this role as in-person office experience helps you with your overall onboarding experience and leads to stronger productivity.
Sponsorship:
You must currentlypossessvalid and unrestricted U.S. work authorization to be considered for this role. Individuals with temporary visas including but not limited to F-1 (OPT CPT STEM) H-1B H-2 or TN or any candidaterequiringsponsorship now or in the future will not be considered for this role.
Benefits at Fiserv:
- Fuel Your Life wellness program with activities and rewards to support total well-being
- Paid statutory holidays Recharge & Refuel vacation (years-of-service tiers) and a Paid Sick Time program
- No-cost confidential support through the Employee Assistance Program (EAP) for you and household members
- Recognition through Living Proof with points redeemable for merchandise and gift cards
- Eight Employee Resource Groups to build connection and inclusion
- RRSP with 100% company match up to 5% a Non-Registered Savings Plan (NREG) and an Employee Stock Purchase Plan (ESPP)
- Comprehensive extended health care and vision benefits plus dental coverage
- Company-paid Basic Life and AD&D with optional life and AD&D coverage available
- Company-paid Short-Term Disability and Long-Term Disability income protection
- Emergency medical coverage for out-of-province/out-of-country travel via extended health benefits
#LI-CD1
Salary Range
$155000.00 - $258000.00These pay ranges apply to employees in New Jersey and New York. Pay ranges for employees in other states may differ.
It is unlawful to discriminate against a prospective employee due to the individuals status as a veteran.
For incentive eligible associates the successful candidate is eligible for an annual incentive opportunity which may be delivered as a mix of cash bonus and equity awards in the Companys sole discretion.Thank you for considering employment with Fiserv. Please:
- Apply using your legal name
- Complete the step-by-step profile and attach your resume (either is acceptable both are preferable).
Our commitment to Equal Opportunity:
Fiserv is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religion national origin gender gender identity sexual orientation age disability protected veteran status or any other category protected by law.
If you have a disability and require a reasonable accommodation in completing a job application or otherwise participating in the overall hiring process please contact. Please note our AskHR representatives do not have visibility to your application status. Current associates who require a workplace accommodation should refer to Fiservs Disability Accommodation Policy for additional information.
Note to agencies:
Fiserv does not accept resume submissions from agencies outside of existing do not send resumes to Fiserv associates. Fiserv is not responsible for any fees associated with unsolicited resume submissions.
Warning about fake job posts:
Please be aware of fraudulent job postings that are not affiliated with Fiserv. Fraudulent job postings may be used by cyber criminals to target your personally identifiable information and/or to steal money or financial information. Any communications from a Fiserv representative will come from a legitimate Fiserv email address.
Required Experience:
Director
About Company
Fiserv is a global fintech and payments company with solutions for banking, global commerce, merchant acquiring, billing and payments, and point-of-sale.