Fraud Manager

Job Description:

This remote position can be located in South Dakota Minnesota Iowa Nebraska Missouri Texas Wisconsin Michigan or Illinois.

This individual manages the organizations fraud program provides leadership and direction for investigations into potential fraudulent activity and collaborates with both internal and external stakeholders including engaging with customers as necessary. Managing the fraud team partnering with senior leadership to implement strategic initiatives and promoting clear communication and collaboration are essential responsibilities.

Qualifications: This person should have a bachelors degree and a minimum of seven years of experience or the equivalent. Relevant experience in fraud and leadership is required. A financial crime certification from a bank trade association or equivalent is required. Strong knowledge of relevant federal and state laws regulations and guidance on fraud is essential.

Principal Responsibilities:

• Lead the team and develop an atmosphere of teamwork open communication and unity. Provide oversight of all services offered. Actively mentor staff and ensure they are trained evaluated and motivated to perform their responsibilities in an effective and progressive manner.

• Oversee and coordinate all fraud detection prevention and risk management initiatives across multiple business units ensuring compliance with organizational policies regulatory requirements and internal standards.

• Lead the team and coordinate with internal partners across departments and work directly with customers to quickly and effectively resolve fraud issues ensuring clear communication and support throughout the resolution process.

• Manage and optimize fraud analytics tools and processes to enhance risk identification mitigation and organizational awareness.

• Regularly assess fraud and money laundering risks and trends update bi-annual risk assessments and prepare comprehensive annual reports to inform strategic decision-making.

• Provide strategic recommendations to senior leadership to enhance the organizations overall fraud and anti-money laundering framework.

• Prepare and present materials to communicate fraud and money laundering patterns supporting awareness and identification efforts.

• Coordinate internal and external training and awareness initiatives to strengthen the organizations fraud prevention capabilities and culture.

• Serve as a primary liaison for law enforcement business units and cross-functional teams facilitating collaboration on fraud and risk issues and supporting investigations.

• Manage ongoing updates to the fraud program risk assessments and FRAML policy to keep resources current and aligned with strategy.

• Oversee and continuously improve the Insider Fraud Program including development monitoring and enhancement of processes.

• Actively participate as a member of the SAR Advisory Group supporting the companys suspicious activity reporting and escalation processes.

• Act in accordance with FBT policies and procedures as set forth in the employee handbook.

• Adhere to compliance procedures and participate in required compliance training.

The anticipated salary range for this role is between $77.776.04 and $127397.66. This range is a good faith estimate for the position. The actual compensation offered to a candidate may differ based on various factors including the individuals relevant experience training skills work location and other considerations. For those in eligible roles we offer incentive compensation based on individual performance. Furthermore this role may qualify for a variety of benefits such as Medical Dental and Vision insurance Health Savings Accounts 401(k)/ESOP Paid Time Off Flexible Work Arrangements Paid Parental Leave and Student Loan Repayment Assistance. Learn more at

Compensation Grade

First Bank & Trust is an Equal Opportunity Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity or expression national origin disability or status as a protected veteran. Read our completeEqual Employment Opportunity Policy Statement. Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email.