Forward Thinking
Fraud Risk Management and Operations Manager
Location
Arizona + 5 moreAll locations: Arizona | Kentucky | Michigan | Pennsylvania | South Dakota | Tennessee
Posted
17 days ago
Salary
$72K - $120K / year
Seniority
Senior
Job Description
Fraud Risk Management and Operations Manager
Pathward
• Responsible for supporting and enhancing the organization's Fraud Risk Management and Operations program, with primary oversight of fraud alert monitoring (Level 1) and fraud case investigations (Level 2). • Ensures effective detection, investigation, escalation, and resolution of fraud-related activity across products and channels, while maintaining alignment with applicable regulatory requirements, including BSA/AML where applicable. • Support the development, implementation, and maintenance of comprehensive fraud detection, alert management, and investigation procedures and controls. • Manage and oversee team responsible for: Level 1: Fraud alert review, triage, and disposition; Level 2: Fraud case investigation, escalation, and resolution. • Establish and monitor quality standards, productivity expectations, and SLAs for alert handling and case investigations. • Assist in overseeing applicable components of the BSA/AML program, including suspicious activity identification and escalation, when fraud activity meets SAR reporting thresholds. • Partner with cross-functional teams (e.g., Risk, Compliance, Product, Operations) to enhance fraud detection strategies, rules, and controls. • Participate in risk assessments to identify and evaluate fraud risks across products, channels, customer segments, and emerging typologies. • Collaborate with senior leadership to develop and execute strategic initiatives that enhance fraud detection effectiveness, investigative quality, and operational efficiency. • Drive continuous improvement in alert-to-case workflows, including automation, documentation standards, and escalation protocols. • Other duties as assigned
Job Requirements
- Bachelor's degree or equivalent education and work experience.
- CAMS, CFE, or other fraud/financial crimes certification preferred.
- Typically 5+ years with bachelor's or equivalent.
- Experience in fraud operations, including alert review, case investigation, and fraud typology analysis.
- Focuses on performance within fraud operations, including alert accuracy, investigative quality, and timeliness.
- Operates within established guidelines; decisions require validation for non-standard fraud scenarios or high-risk escalations.
- Addresses routine operational issues with known solutions; escalates ambiguous or novel fraud patterns.
- Directs daily work of individual contributors with emphasis on alert disposition accuracy, investigative completeness, and documentation standards.
- Engages primarily with internal stakeholders, with growing interaction across Risk, Compliance, and Product teams for fraud-related initiatives.
- Executes established processes; provides frontline feedback to improve fraud detection rules, workflows, and investigative procedures.
Benefits
- health insurance
- 401(k) retirement benefits
- life insurance
- disability benefits
- paid time off
- performance-based incentive opportunity
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