Fraud Program Coordinator

Fraud Program Coordinator

First Fed, Sequim, Washington, United States

First Fed is a local community bank on an exciting growth trajectory with 17 locations, including 12 full‑service branches in Western Washington. The bank has been recognized as a Best Workplace, a Top Corporate Philanthropist, and for receiving multiple Best Bank awards from the Puget Sound Business Journal, Cascadia Daily News, Peninsula Daily News, and Forbes. First Fed has served its customers for more than 100 years, donated over $9 million to nonprofits in the past eight years, and volunteers more than 25,000 hours through its paid volunteer days.

• Optimism
  :
  Positive, decisive, and persistent.
• Initiative
  :
  Self‑starter, innovative, courageous, and entrepreneurial.
• Respect
  :
  Inclusive, honoring, and serving others.
• Growth
  :
  Continuous learning and adaptation.
• Ownership
  :
  Accountability and responsibility for actions.

The Fraud Program Coordinator supports the bank’s efforts to prevent, detect, investigate, and respond to fraud across products, services, and delivery channels. This role safeguards customers and the bank by monitoring suspicious activity, supporting investigations, identifying fraud trends, and partnering with internal teams to strengthen fraud awareness and controls.

• Use the bank’s fraud detection and prevention tools to identify suspicious activity, elevated fraud risk, and potential losses.
• Conduct fraud investigations using system tools, research, and customer communication to resolve complex cases.
• Compile complete documentation of fraud cases, providing summary reports to management.
• Review and respond to fraud‑related alerts involving identity theft, account takeover, card fraud, and other monitored activity.
• Analyze account, transaction, and channel activity to identify fraud trends, emerging risks, and control gaps, and report findings to management.
• Communicate with customers in a professional, respectful, and empathetic manner, including during sensitive or high‑stress situations.
• Partner with teams across compliance, legal, operations, BSA, and community banking to support fraud prevention and response efforts.
• Coordinate with law enforcement when appropriate.
• Assist with fraud awareness and prevention training for employees, including new hires, and reinforce best practices across the organization.
• Assist with the development, maintenance, and ongoing improvement of fraud‑related policies and procedures.
• Support the ongoing administration of the bank’s fraud program and recommend process, monitoring, and control enhancements as needed.
• Review online account applications and related fraud screening results, providing recommendations consistent with bank procedures and risk standards.
• Support internal loss‑prevention activities and related investigations.
• Maintain regular and predictable attendance.
• Assist with the creation of customer fraud education materials.
• Provide fraud loss and prevention reporting to management.
• Ensure case files, investigations, and supporting documentation are complete, accurate, and maintained in accordance with internal procedures and retention requirements.

• High school diploma or certified equivalency.
• Experience working with Verafin preferred.
• At least four (4) years of relevant experience in fraud prevention, investigations, loss prevention, compliance, operations, audit, or other analytical work, preferably in a financial institution or similarly regulated environment.
• Working knowledge of fraud risk, banking operations, account activity analysis, and investigative or case management practices.
• Proficiency with Microsoft Office applications; intermediate to advanced Excel skills preferred.
• Strong written and verbal communication skills, with the ability to work effectively with internal teams and customers.
• Strong analytical, organizational, and problem‑solving skills, with close attention to detail and sound judgment.
• Commitment to ongoing professional development and staying current on fraud trends, scams, and prevention practices.
• Relevant fraud, financial crimes, or investigative certifications are…