Apply on Employer Site

First Bank & Trust · 22 hours ago

Fraud Manager

United States

Full-time

Remote

Senior Level

7+ years exp

First Bank & Trust is seeking a Fraud Manager to oversee the organization's fraud program and lead investigations into potential fraudulent activity. This role involves managing the fraud team, collaborating with stakeholders, and implementing strategic initiatives to enhance fraud prevention and risk management.

BankingFinancial Services

Responsibilities

Lead the team and develop an atmosphere of teamwork, open communication, and unity. Provide oversight of all services offered. Actively mentor staff and ensure they are trained, evaluated, and motivated to perform their responsibilities in an effective and progressive manner

Oversee and coordinate all fraud detection, prevention, and risk management initiatives across multiple business units, ensuring compliance with organizational policies, regulatory requirements, and internal standards

Lead the team and coordinate with internal partners across departments and work directly with customers to quickly and effectively resolve fraud issues, ensuring clear communication and support throughout the resolution process

Manage and optimize fraud analytics tools and processes to enhance risk identification, mitigation, and organizational awareness

Regularly assess fraud and money laundering risks and trends, update bi-annual risk assessments, and prepare comprehensive annual reports to inform strategic decision-making

Provide strategic recommendations to senior leadership to enhance the organization’s overall fraud and anti-money laundering framework

Prepare and present materials to communicate fraud and money laundering patterns, supporting awareness and identification efforts

Coordinate internal and external training and awareness initiatives to strengthen the organization’s fraud prevention capabilities and culture

Serve as a primary liaison for law enforcement, business units, and cross-functional teams, facilitating collaboration on fraud and risk issues and supporting investigations

Manage ongoing updates to the fraud program, risk assessments, and FRAML policy to keep resources current and aligned with strategy

Oversee and continuously improve the Insider Fraud Program, including development, monitoring, and enhancement of processes

Actively participate as a member of the SAR Advisory Group, supporting the company’s suspicious activity reporting and escalation processes

Act in accordance with FBT policies and procedures as set forth in the employee handbook

Adhere to compliance procedures and participate in required compliance training