Scott Rainey, Mba
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Scott Rainey, Mba Email & Phone Number

Director, Disputes at Varo Bank
Location: Greater Pittsburgh Region, United States, United States 7 work roles 2 schools
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Current company
Role
Director, Disputes
Location
Greater Pittsburgh Region, United States, United States
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Who is Scott Rainey, Mba? Overview

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Scott Rainey, Mba is listed as Director, Disputes at Varo Bank, a company with 489 employees, based in Greater Pittsburgh Region, United States, United States. AeroLeads shows a matched LinkedIn profile for Scott Rainey, Mba.

Scott Rainey, Mba previously worked as Head of Fraud Strategy and Dispute Operations at Cardworks and Head of Operational Controls at Cardworks. Scott Rainey, Mba holds Master Of Business Administration - Mba from Robert Morris University.

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Varo Bank

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About Scott Rainey, Mba

As an Executive Operations Leader, I have extensive years of experience and a proven background in building and leading top-performance teams. I am focused on enhancing customer experience, ensuring regulatory compliance, driving loss reduction, and process improvements. I am also well versed in product positioning, high-level negotiations, and P&L management. It is my passion to deliver robust revenue increases, supporting organizational growth. Key Achievements Include: ✅ Recognized for continuous top performance and promoted to Head of Fraud Strategy and Claim Operations, with responsibility for the $25M budget while leading a team of 450 with 7 direct reports, focusing on creating, implementing, and monitoring fraud prevention strategies✅ Created and implemented a quality control process focused on enhancing the credit card dispute procedures that led to a streamlined system with flawless execution, designing the strategy and hiring key personnel within 3 months, resulting in positive feedback and operational excellence✅ Served as an integral executive leader overseeing all facets of operations concerning the company’s debit card portfolio, maintaining the $1.5B annual revenue from transaction fees and full P&L accountability while continuously focusing on driving the quality of the customer experience✅ Served as Operation Manager, Senior and led a team of 75 resources spanning 3 locations in investigating and closing over 60K claims each month, exercising authority over dispute resolution processes and service concerning Regulation E disputes regarding electronic funds transfers, providing enhanced QA processes and increasing accuracy from 97% to 99%Contact me through this profile if you wish to connect.

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Scott Rainey, Mba's current company

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Varo Bank
Varo Bank
Director, Disputes
Pittsburgh, PA, US
Website
Employees
489
AeroLeads page
7 roles · 19 years

Scott Rainey, Mba work experience

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Director, Disputes

Pittsburgh, PA, US

Head Of Fraud Strategy And Dispute Operations

Current
  • Recognized for continuous top performance and promoted to Head of Fraud Strategy and Claim Operations, with responsibility for the $25M budget while leading a team of 450 with 7 direct reports, focusing on creating.
  • Addressed regulatory issues, leading vendor selection, implementation, and rollout of an innovative case management system
  • Responsible for the development and implementation of a quality assurance process from scratch, establishing organizational standards, guidelines, and procedures to prevent quality issues while maintaining the.
  • Leveraged expertise and best practices to create and facilitate investigation training for investigators that was provided both in person and virtually, sharing knowledge, skills, and abilities needed to deliver.
  • Monitored performance and provided strategic direction and guidance concerning process improvement, implementing 10+ new controls, and generating a 40% increase in fraud recovery, equaling $9M in annual recoveries.
  • Launched an innovative case management system for use with all debit and credit card claims, reducing the time required to resolve a claim by 40%, increasing recovery time by 15%,
Jan 2020 - Present

Head Of Operational Controls

United States

  • Head of Operational Quality and Controls 2018 – 2019
  • Transitioned to the position created due to the reputation of taking a perceived problem and conceptualizing and developing a solution, immediately defining the business problem and implications, building the entire.
  • Performed as VP Head of Operational Quality and Controls and directed the day-to-day operations of a cross-functional team, growing the team from 1 to 55 resources and 6 direct reports; responsible for maintaining the.
  • Established a focus on identifying any control gaps and developing and implementing the changes needed for process improvements while consistently securing regulatory compliance
  • Provided strategic guidance to the Quality Assurance team concerning improvement initiatives, including collecting critical data from listening to calls, conducting case reviews, and evaluating credit card disputes
  • Created and implemented a quality control process focused on enhancing the credit card dispute procedures that led to a streamlined system with flawless execution, designing the process and hiring key personnel within.
Dec 2018 - Jan 2020

Vice President And Debit Card Product Manager

Pnc

Pittsburgh, PA

  • Ultimately promoted to Vice President and Debit Card product Manager for the multi-billion-dollar Fortune 500 financial services corporation spanning 19 states following a series of promotions to positions of increased.
  • Served as an integral executive leader overseeing all facets of operations concerning the company’s debit card portfolio maintaining the $1.5B annual revenue from transaction fees and full P&L accountability while.
  • Directed strategic changes to improve the ACH dispute process that increased the quality and productivity of the dispute team, reduced enterprise risk, and enhanced customer satisfaction, as well as eliminating $2M in.
  • Oversaw the management of high-profile projects that streamlined the transaction dispute process, reducing repeat customer alls and hand-offs to other representatives
  • Re-structured internal applications to empower the Security Group to address claim loss in real-time, significantly increasing the first-call resolutions
  • Responsible for directing initiatives that enabled the consumers' ability to lock debit cards to prevent unauthorized use in the event of loss or theft and removing the required interaction with customer support.
Mar 2017 - Dec 2018

Vice President And Operations Manager, Senior

Pnc

Pittsburgh, PA

  • Served as Operation Manager, Senior and led a team of 75 resources spanning 3 locations in investigating and closing over 60K claims each month, exercising authority over dispute resolution processes and service.
  • Performed as Architect of a formal Quality Assurance process that governed all Regulation E disputes, examining over 4K QA reviews and leveraging information to identify opportunities for improvement
  • Leveraged expertise in Lean methodologies and tools to establish focused coaching and training, delivering a 40% gain in productivity, enhanced quality, and improved client satisfaction
  • Responsible for lowering dispute resolution timeframes from 8 days to 3 days, earning recognition for significantly improving the work quality of the Online Banking, ACH, ATM, and Recurring Stop Payment dispute teams
2014 - Mar 2017

Vice President And Branch Manager

Pittsburgh, PA

Responsible for multiple high-volume bank branches throughout Southwestern Pennsylvania, building revenue from small business checking and loans. ★ Used cold calling campaigns, professional networking, and in-branch events to market the bank’s products and services.★ For each branch, led sales processes to outperform peer groups based on revenue.

2007 - 2014 ~7 yrs

Assistant Vice President, Sales Champion, Branch Manager

Pittsburgh PA

Maintained accountability for sales operations and training throughout assigned regions.★ As the Market Sales Champion for in-store branch locations throughout Southwest Pennsylvania, led the coaching and training of employees.★ Designed an outbound calling training program for 75 in-store branches and hosted sessions to branch managers and in-store.

Nov 2003 - 2007
Team & coworkers

Colleagues at Varo Bank

Other employees you can reach at varomoney.com. View company contacts for 489 employees →

2 education records

Scott Rainey, Mba education

FAQ

Frequently asked questions about Scott Rainey, Mba

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What company does Scott Rainey, Mba work for?

Scott Rainey, Mba works for Varo Bank.

What is Scott Rainey, Mba's role at Varo Bank?

Scott Rainey, Mba is listed as Director, Disputes at Varo Bank.

Where is Scott Rainey, Mba based?

Scott Rainey, Mba is based in Greater Pittsburgh Region, United States, United States while working with Varo Bank.

What companies has Scott Rainey, Mba worked for?

Scott Rainey, Mba has worked for Varo Bank, Cardworks, Pnc, Pnc Bank, and Citizens Bank.

Who are Scott Rainey, Mba's colleagues at Varo Bank?

Scott Rainey, Mba's colleagues at Varo Bank include Samuel Wilkins, Ashima Arora, Frm, Chelse Rabb, Christian Marañón, and Emma Furman.

How can I contact Scott Rainey, Mba?

You can use AeroLeads to view verified contact signals for Scott Rainey, Mba at Varo Bank, including work email, phone, and LinkedIn data when available.

What schools did Scott Rainey, Mba attend?

Scott Rainey, Mba holds Master Of Business Administration - Mba from Robert Morris University.

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