Fraud Management Lead

The selected applicant will manage a team of professionals performing Fraud investigations, leading to a determination if a SAR(Suspicious Activity Report) needs filing and oversee the team completing the filing. The ideal person will have fraud experience and knowledge on regulatory requirement related to SAR filing with Fincen

This is a strategic role requiring a professional who stays abreast of regulatory guidelines related to fraudulent activity and contributes to directional strategy by considering the overall process of fraud supporting various products, such as wire transfer, ACH and Check fraud. This person should be well versed in operational processing and fraudulent events that compromise payment processing. As this is supporting corporate clients and small business, the role requires basic commercial awareness.

There are typically multiple people within the business that provide the same level of subject matter expertise which require coordination with ICRM to execute the banks oversight of fraud events. Developed communication and regulatory exposure skills are required in order to guide, influence and complete the required activity associated with a fraud event. Significant impact on the area through complex deliverables.

Provides advice and counsel related to fraud events in conjunction with Product and customer service teams engaged with clients who have been the victim of fraud. Failure to properly abide by regulatory requirements could have adverse impact to the bank, which could include fines and termination of employment if non-compliant with regulatory requirements. v

• Designs/analyzes and supports the investigations and subsequent SAR filing involving complex payment processing details that have compromised our clients account who has fallen victim to fraud.
• Deals with complex and variable issues with substantial potential impact.
• Uses management oversight to ensure SAR's are filed timely and all regulatory reporting requirements are met.
• Scope of role requires management oversight of 12 staff doing investigations and SAR filings.
• Manages resource allocation and leads the work within a team/project to develop solutions for business reporting issues. Applies/demonstrates advanced understanding of processes, procedures, and policies for area supported.
• Possesses a comprehensive understanding of how own area and others collectively integrate to contribute towards achieving business objectives.
• Acts as advisor or coach to new or lower level personnel in the business processes and procedures of area supported.
• Provides in-depth and sophisticated analysis with interpretive thinking to define problems and develop innovative solutions. Influences strategic functional decisions through advice, counsel or provided services that have direct impact on the business. Persuades and influences others through developed communication and diplomacy skills with colleagues in other areas and occasional external customers
• May be responsible for resource management and allocation of work within a project team.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

• 6-10 years relevant experience

• Bachelor’s/University degree, Master’s degree preferred
• CAMS certification is a plus but not required

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Operations - Core

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