Fraud & Risk Manager; WMS Job Olympia area,Washington USA,Finance & Banking

Position: Fraud & Risk Manager (WMS2)

Description

The hiring manager will begin reviewing applications after seven days and will begin interviewing and may make a hiring decision at any time after that. It is in the candidates’ best interest to apply early.

The Department of Revenue (Revenue) Executive division is seeking a dynamic professional with extensive fraud management, risk management, audit, or internal control design/assessment experience to serve as the Fraud & Risk Manager. This position supports the agency-wide Enterprise Risk Management and Internal Control programs. The incumbent is primarily responsible for designing and overseeing a coordinated enterprise framework and approach for fraud detection, assessment, prevention, investigation, and mitigation strategies to minimize fraud risk exposure to Revenue.

This position serves agency executives and leadership in an oversight and advisory capacity and requires a high degree of collaboration and self-motivation. As a fraud subject matter expert, the role partners with agency divisions to help assess fraud risks associated with agency-wide practices and to support proactive control improvements.

The Fraud & Risk Manager will work to build relationships with Department fraud managers, and with fraud managers in other Washington state agencies to evolve a community of practice. In addition, this position will develop contacts with fraud specialists at other state revenue agencies to discuss emerging risks and strategies to prevent successful fraud attacks.

Revenue is a dynamic learning organization where you will experience a remarkable work-life balance, with amazing leadership and talented co-workers ready and focused to achieve the agency's goals. We value diverse perspectives and life experiences. We employ and serve people of all backgrounds including people of color, immigrants, refugees, LGBTQ+, people with disabilities, and veterans. This unique culture of respect promotes a professional family of cohesive groups maximizing potential through opportunity.

We offer a generous benefits package that includes defined benefit retirement plans; health, dental and vision coverage, deferred compensation plans, and as a public service employee, you may also be eligible for student loan forgiveness.

Duties

The position reports directly to the Enterprise Risk Officer and will be responsible to provide extensive subject matter expertise in process/root cause analysis, identification of fraud risks, risk assessment methods/techniques, and fraud internal control analysis and design. As the Fraud & Risk Manager, you will be responsible to:

Progress the agency’s fraud mitigation maturity, as guided by the established Enterprise Fraud Framework and related fraud maturity model.
Own and maintain the enterprise fraud risk register in line with the agency’s Enterprise Risk Framework.
Assess Fraud Mitigation Effectiveness.
Lead the agency’s response to fraud risk events.
Provide fraud training and guidance.

Qualifications

Please ensure that your application materials address the following qualifications~

We are looking for candidates who possess the following core competencies:

Required Education, Experience, and Competencies.

Core Competencies

Progress the Agency’s Fraud Mitigation Maturity

Fraud Risk Management Knowledge
Understanding of fraud risk management principles, maturity models, and the COSO frameworks.
Ability to integrate fraud mitigation with enterprise risk and control systems.

Own and Maintain the Enterprise Fraud Risk Register

Risk Identification & Assessment
Skill in conducting structured fraud risk assessments, including identifying vulnerabilities and exposure.
Understanding of risk scoring methodologies.
Ability to classify and describe mitigating controls (e.g. detective, preventive, IT, automated, manual).
Root Cause Analysis
Ability to identify systemic issues and control weaknesses contributing to fraud risks.
Competence in recommending targeted remediation strategies.

Assess Fraud Mitigation Effectiveness

Control Design & Evaluation
Ability to assess adequacy of existing internal controls and help design effective preventive and detective controls.
Proficiency in applying internal…