Security & Fraud Officer

What You’ll Do

As Security & Fraud Officer, you will hold a critical, highly visible role reporting to the Chief Risk Officer and will be the bank’s primary authority on fraud prevention, physical security, and payment network compliance. Your day-to-day spans investigation, strategy, training, and cross‑functional partnership.

• Conduct thorough investigations of escalated fraud cases, producing well‑supported case summaries with findings and remediation recommendations.
• Maintain compliance with Visa, Mastercard, Acquirer/ regional network, and NACHA rules for disputed transaction handling.
• Collaborate with the BSA Officer to ensure timely, accurate Suspicious Activity Report (SAR) filings.
• Produce monthly fraud reporting across all payment channels, tracking trends, losses, recoveries, and control changes.
• Stay current on evolving fraud schemes and proactively share education and mitigation strategies bank‑wide.
• Coordinate with law enforcement, third parties, and attorneys; prepare court evidence and testify regarding findings of investigations as needed.
• Support the Banking‑as‑a‑Service (BaaS)/Fintech vertical with fraud program reviews and system recommendation.
• Pursue recovery efforts for all fraud losses and report on collected funds.
• Maintain records, databases, and logs related to fraudulent activity.

• Oversee physical security systems (cameras, alarms, vaults) across all branch locations.
• Respond to and document security incidents, including robbery events, and report to insurers as needed.
• Manage the Wire Authority Matrix and employee access controls in the core operating system.
• Deliver new‑hire security onboarding and recurring training for all staff.
• Schedule and maintain regular testing of all security systems.

• Prepare fraud risk reporting for the Enterprise Risk Management Committee, Audit & Risk Committee, and Board of Directors.
• Assist with regulatory exams, audits, and internal reviews.
• Maintain policies, procedures, and risk assessments aligned to current regulations and exam guidance.
• Provide ongoing updates to bank leadership on regulatory priorities, enforcement actions, and proposed rule changes.
• Comply with all applicable banking laws and regulations, including the Bank Secrecy Act, USA PATRIOT Act, and related anti‑money laundering laws and federal consumer protection legislation.

• 10+ years of fraud risk management experience in financial services.
• Deep knowledge of banking regulations, payment networks (Visa, Mastercard, NACHA), and BSA/AML requirements.
• Proven investigative skills—case intake through court preparation.
• Strong written and verbal communication skills; comfortable briefing the Board & CEO as well as coaching frontline staff.
• Exceptional organizational skills with the ability to manage competing priorities and tight deadlines.
• Ability to work independently and influence cross‑functionality without formal authority.
• Proficiency in Microsoft Office (Word, Excel) and banking/investigation software.
• Demonstrated discretion with confidential information.
• Applicable industry certification preferred (CFE or CAMS).

• Locally rooted bank that genuinely cares about the people we serve; your work matters in a way hard to find at a large institution.
• Lean, accessible team that values your expertise; you’ll work closely with leadership, including the CEO.
• Support for ongoing certifications, compliance training, and professional development.
• Competitive compensation and benefits commensurate with experience.

The Security & Fraud Officer will be assigned to the Corporate Administration Center in Leawood, KS, and may be eligible for remote work opportunities. The role generally requires Monday through Friday during regular business hours.

Apply now if you’re an experienced Security & Fraud Officer ready to protect our customers, colleagues, and institution, serving as the bank’s subject‑matter expert on fraud risk and physical security, and thrive at the intersection of investigation, compliance, and collaboration.

Note:

The purpose of this document is to provide a general summary of essential responsibilities and requirements for the position and is not meant as an exhaustive list.

First Federal actively seeks to recruit and hire protected veterans. First Federal Bank is committed to providing equal employment opportunities to all people without regard to race, color, religion, national origin, ancestry, marital status, veteran status, age, disability, pregnancy, genetic information, citizenship status, sex, sexual orientation, gender identity, or any other legally protected category.