Fraud Prevention and Risk Investigations - Fraud Incident Program Manager

Golden 1 Talent Acquisition Team•Sacramento, CA

21h

About The Position

The Fraud Incident Program Manager will bring a passion for the disruption of fraud and assisting members who do experience fraud. Broad financial industry best-practice fraud prevention and resolution experience is required. A high degree of focus on fraud alert management will be required for success. This role is responsible for identifying and coordinating with key resources who will focus on investigating fraud cases related to specific fraud incidents. The goal of this role is to ensure consistency in responding to and reporting on specific incidents. The role will represent Fraud Services on Enterprise Incident Response Teams that are deployed during fraud incidents, and work with fraud analytics teams to assess varied situations for associated risk and assist to implement proper resolutions based upon current risk tolerances. Participate in cross-functional relationships within the credit union to provide optimum internal support and build and distribute fraud prevention and education to other areas of the enterprise. The ability to meet critical timelines and service levels agreements will be vital. Experience with fraud case management systems and the evaluation of such systems is required. The ideal candidate will excel both as a self-driven, individual contributor and at times work effectively within a team constructed both within the department and with other departments across the credit union.

Requirements

Bachelor’s degree in a related field required. Additional work experience may be considered in lieu of a 4-year degree.
Five years or more of Regulatory and/or Compliance, Credit Union/Banking, Fraud Investigations, or equivalent experience within the financial services industry as well as experience with process management and improvement.
Appropriate subject matter expertise, comprehensive understanding of credit union products, and understanding of compliance with all Federal Regulations i.e. Bank Secrecy Act (Suspicious Activity Report - SAR filing), Uniform Commercial Code (UCC), Reg CC, Reg E, credit card and other applicable regulations.
Process management and improvement knowledge and experience.
Advanced knowledge of fraud, anti-money laundering, dispute processes and suspicious activity investigations techniques. Strong attention to detail in investigating files with an emphasis on timelines and recovery.
Advanced organizational skills, including the ability to prioritize daily activities and multi-task to complete high priority and time sensitive assignments and processes simultaneously.
Strong attention to detail in working and investigating files with emphasis on deadlines.
Ability to effectively communicate with internal and external contacts. Ability to work effectively and collaboratively within the department, with business unit owners, and others outside of the credit union.
Strong sense of ethics and professionalism.
Positive and enthusiastic personality with the ability to handle sensitive member situations in a caring/considerate manner.
Knowledge to operate fraud case management systems, electronic banking equipment; basic PC knowledge (Windows environment), and office filing logic.
Must be self-motivated and capable of exercising sound judgement, working both independently as well as in a team environment.
Prolonged sitting throughout the workday with occasional mobility required.
Corrected vision within the normal range.
Hearing within normal range. A device to enhance hearing will be provided if needed.
Occasional movements throughout the department daily to interact with staff, accomplish tasks, etc.
Occasionally long work hours may be required to accomplish tasks.
Minimal travel throughout the United States to increase knowledge and skills in fraud management area by car or public conveyance. Minimal travel locally by car or public conveyance to resolve fraud management issues and attend meetings.
Carry and respond to mobile phone seven days a week. May need to diagnose fraud management issues remotely and occasionally may need to travel to site to assist, advice, or correct fraud management issues either by car or public conveyance.
Two or more of the following certifications (prompt pursuit of or equivalent) required; Professional Certified Investigator (PCI), Certified Fraud Investigator (CFI), Certified Fraud Examiner (CFE), Certified Anti-Money Laundering Specialist (CAMS), Bank Secrecy Act Compliance Specialist (BSACS), Credit Union Compliance Expert (CUCE).

Responsibilities

Effectively manage fraud incidents by engaging a team to focus on impacted members and confine bad actors. Role will be responsible for creating action plans for response teams to process cases related to incidents and reporting updates related to all activities, team actions and losses.
Represent Fraud Services as part of enterprise Incident Response Team (IRT). Drive incident response efforts. Maintain stakeholder communication during incident lifecycle and facilitate resolution of service impact to fraud operations.
Maintain ongoing subject matter expertise regarding Fraud and regulations including a thorough understanding of state and federal laws and regulations related to credit union compliance including OFAC Sanctions, Executive Orders, FACTA, Reg. CC, Reg. E, UCC, check 21, Bank Secrecy Act, Anti-Money Laundering laws, Visa and other card related regulations appropriate to the position.
Recommend business level process changes within the department to improve processes and reduce the reaction time in response to fraud trends.
Assist in the process for fraud reviews of new accounts (deposit and loans) originated online and in-branch to mitigate fake accounts from being opened.
Responsible for handling escalations, exception items and resolving complex issues.
Represent credit union in contacts with business and trade associations, members, and regulatory agencies. Attend business functions and industry conferences and otherwise promote the credit union’s image.
Develop and maintain an understanding of the pertinent regulatory requirements and risks inherent to job responsibilities, establish, and maintain control activities that mitigate those risks consistent with the Credit Union’s risk appetite, and ensure operational integrity and compliance with applicable regulations.
Travel as required.
Perform other duties as assigned.