Risk Management Associate

Role Summary The Fraud Prevention and Detection Team Lead oversees the organization’s efforts in identifying, preventing, and mitigating fraudulent activities. This leadership position requires operational expertise in fraud detection techniques, data analysis, and cross‑functional collaboration. The role involves developing and implementing effective strategies to reduce organizational risk and ensure compliance with regulatory requirements.

Role Summary The Fraud Prevention and Detection Team Lead oversees the organization’s efforts in identifying, preventing, and mitigating fraudulent activities. This leadership position requires operational expertise in fraud detection techniques, data analysis, and cross‑functional collaboration. The role involves developing and implementing effective strategies to reduce organizational risk and ensure compliance with regulatory requirements.

• Lead and support fraud prevention and detection initiatives across the organization.
• Collaborate with various teams to develop and refine fraud detection strategies and procedures.
• Monitor and analyze data to identify potential fraudulent activities and patterns.
• Ensure timely filing of government reports such as those required by the Bank Secrecy Act.
• Manage customer notifications related to Reg CC Hold Letters, Reg E, and customer complaints.
• Develop and implement internal controls to enhance fraud detection effectiveness.
• Provide guidance and training to team members on fraud prevention processes and compliance standards.
• Perform regular audits and reviews of fraud detection systems and procedures.