Fraud Investigation Manager jobs in Cleveland, OH

Job Details

JOB OVERVIEW

The Fraud Analyst manages the Fraud Prevention Program including analytic and investigative work related to fraud, suspicious activity, and risk mitigation. The position will synthesize data and fact patterns into relevant reporting while partnering with departments throughout the company to implement fraud prevention measures.

RESPONSIBILITIES & DUTIES

• Assess the company’s fraud risk profile to apply appropriate risk management processes.
• Evaluate controls and recommend enhancements to minimize losses.
• Develop fraud monitoring through manual and automated systems for prevention and detection.
• Perform in-depth investigations of potentially fraudulent activity.
• Effectively compile, organize, and interpret data from databases and online tools.
• Provide sound metrics for early identification of fraud trends.
• Steer the internal cross-functional fraud prevention team.
• Prepare reports to management and committees.
• Submit Suspicious Activity Reports (SARs) as applicable for reportable activity.
• Assist in regulatory compliance efforts including Bank Secrecy Act (BSA) / Anti-Money Laundering and Office of Foreign Assets Control (OFAC).
• Monitor industry trends and emerging risks through continuing education and professional organizations.
• Design and deliver fraud training within the company.
• Provide frontline support by responding to questions regarding compliance and fraud matters.
• Participate in Compliance projects.
• Perform other duties as assigned.

QUALIFICATIONS

• Minimum 3 years of experience in Compliance, Operations, or Audit department of financial services or other regulated business (bank, broker-dealer, or trust company preferred)
• Bachelor’s Degree in Business Administration, Finance, or related field; relevant work experience in lieu of a degree may be considered

PROFESSIONAL CERTIFICATIONS

• Certified Fraud Examiner (CFE)

TECHNICAL SKILLS

To be successful in this role, you should have experience with and an understanding of the following:

• Knowledge in trust/financial service industry preferred
• Familiarity with South Dakota Division of Banking Trust Company regulations, Internal Revenue Service requirements, and other federal laws preferred
• Proficiency working with Microsoft Office suite

CULTURAL COMPETENCIES

In addition to our core company competencies of Cultivates Innovation, Nimble Learning, Action Oriented, Collaborates, and Being Resilient, a successful candidate in this role should exhibit the following behavioral competencies: