TITLE: MGR -  FRAUD COUNTERMEASURE RAPID DEPLOYMENT
STATUS: EXEMPT
REPORTS TO: DIRECTOR - FRAUD SERVICES
DEPARTMENT: FRAUD PREVNETION AND RISK INVESTIGATIONS
JOB CODE: 11693

PAY RANGE: $108,500.00 - $115,000.00 ANNUALLY

GENERAL DESCRIPTION:

The Fraud Countermeasure Rapid Deployment Manager will bring a passion for the disruption of fraud and assisting members who do experience fraud. Broad financial industry best-practice fraud prevention and resolution experience is required. A high degree of focus on fraud alert management will be required for success. This role is responsible for managing a rapid response team that will focus on investigating fraud cases related to specific fraud incidents. The goal of the team is to ensure consistency in responding to specific incidents. The role will represent Fraud Services on Enterprise Incident Responsible Teams that are deployed during fraud incidents. This role will also oversee the fraud review of new account openings. Develop highly skilled staff to effectively protect the assets of the credit union and assist members during live fraud events. Assess varied situations for associated risk to implement proper resolutions based upon current risk tolerances. Participate in cross-functional relationships within the credit union to provide optimum internal support. The ability to track staff performance and manage to service levels agreements will be vital.  Experience with fraud case management systems and the evaluation of such systems is required.  The ability to build and motive high team performance will be key determinant of success.

TASKS, DUTIES, FUNCTIONS:

1. Incident Management: Effectively manage fraud incidents by deploying a rapid response team to focus on impacted members and confine bad actors. Role will be responsible for creating action plans for response team to process cases related to incident.
2. Primary Fraud Incident Contact:  Represent Fraud Services as part of enterprise Incident Response Team (IRT). Drive incident response efforts. Maintain stakeholder communication during incident lifecycle and facilitate resolution of service impact to fraud operations.
3. Regulatory Compliance:  Maintain ongoing subject matter expertise regarding Fraud and regulations including a thorough understanding of state and federal laws and regulations related to credit union compliance including OFAC Sanctions, Executive Orders, FACTA, Reg. CC, Reg. E, UCC, Check 21, Bank Secrecy Act, Anti-Money Laundering laws, Visa and other card related regulations appropriate to the position.
4. Team Leadership:  Experience building high performance teams is required.  This rile will foster a positive and engaging work environment for each team member by promoting skill development, coaching for improvement and growth, inspiring others through your words and actions, ensuring positive employee morale throughout Golden 1, by embracing our mission, vision and core values.
5. Performance Measurement:  Uses quality monitoring report/data management to compile and track performance at department and individual level.  Perform staff reviews in accordance with credit union schedules.
6. New Account Fraud:  Oversee the process for fraud reviews of new accounts (deposit and loans) originated online and in-branch to mitigate fake accounts from being opened.
7. Member Experience:  Responsible for handling escalations, exception items and resolving complex issues.
8. Represent credit union in contacts with business and trade associations, members, and regulatory agencies. Attend business functions and industry conferences, and otherwise promote the credit union’s image.
9. Develop and maintain an understanding of the pertinent regulatory requirements and risks inherent to job responsibilities, establish, and maintain control activities that mitigate those risks consistent with the Credit Union’s risk appetite, and ensure operational integrity and compliance with applicable regulations.
10. Travel as required.
11. Perform other duties as assigned.

PHYSICAL SKILLS, ABILITIES, AND EXERTION UTILIZED IN THE PERFORMANCE OF THESE TASKS:

1. Effective oral and written communication skills required to interpret, resolve, and document fraud management and related issues, train and evaluate staff, and perform other related tasks.
2. Must possess sufficient manual dexterity to skillfully operate an on-line computer terminal and other standard office equipment, such as financial calculators, personal computer, facsimile machine and telephone.

ORGANIZATIONAL CONTACTS & RELATIONSHIPS:

1. INTERNAL: All levels of staff within business units and departments as needed.
2. EXTERNAL: Federal, state, and local law enforcement, vendors and business partners, and industry peers as needed.

QUALIFICATIONS:

1. EDUCATION: Bachelor’s degree or related field preferred. Additional work experience may be considered in lieu of a 4-year degree.
2. EXPERIENCE:

• Seven years or more of Regulatory and/or Compliance, Credit Union/Banking, Fraud Investigations, or equivalent experience within the financial services industry as well as experience with process management and improvement.
• Five years of more leadership experience directly managing a team of five or more within a professional environment.

3. KNOWLEDGE/SKILLS:

• Appropriate subject matter expertise, comprehensive understanding of credit union products, and understanding of compliance with all Federal Regulations i.e. Bank Secrecy Act (Suspicious Activity Report - SAR filing), Uniform Commercial Code (UCC), Reg CC, Reg E, credit card and other applicable regulations.
• Process management and improvement knowledge and experience.
• Advanced knowledge of the fraud, anti-money laundering, dispute processes and suspicious activity investigations techniques. Strong attention to detail in investigating files with an emphasis on timelines and recovery.
• Excellent leadership style with strong motivational skills and career development emphasis.
• Advanced organizational skills, including the ability to prioritize daily activities and multi-task to complete high priority and time sensitive assignments and processes simultaneously.
• Strong attention to detail in working and investigating files with emphasis on deadlines.
• Ability to effectively communicate with internal and external contacts.  Ability to work effectively and collaboratively within the department, with business unit owners, and others outside of the credit union.
• Strong sense of ethics and professionalism.
• Positive and enthusiastic personality with the ability to handle sensitive member situations in a caring/considerate manner.
• Knowledge to operate fraud case management systems, electronic banking equipment; basic PC knowledge (Windows environment), and office filing logic.
• Must be self-motivated and capable of exercising sound judgement, working both independently as well as in a team environment.

PHYSICAL REQUIREMENTS:

3. Prolonged sitting throughout the workday with occasional mobility required.
4. Corrected vision within the normal range.
5. Hearing within normal range. A device to enhance hearing will be provided if needed.
6. Occasional movements throughout the department daily to interact with staff, accomplish tasks, etc.
7. Occasionally long work hours may be required to accomplish tasks.
8. Minimal travel throughout the United States to increase knowledge and skills in fraud management area by car or public conveyance. Minimal travel locally by car or public conveyance to resolve fraud management issues and attend meetings.
9. Carry and respond to mobile phone seven days a week. May need to diagnose fraud management issues remotely and occasionally may need to travel to site to assist, advice, or correct fraud management issues either by car or public conveyance.

LICENSES/CERTIFICATIONS:

Two or more of the following certifications (prompt pursuit of or equivalent) required; Professional Certified Investigator (PCI), Certified Fraud Investigator (CFI), Certified Fraud Examiner (CFE), Certified Anti-Money Laundering Specialist (CAMS), Bank Secrecy Act Compliance Specialist (BSACS), Credit Union Compliance Expert (CUCE).

THIS JOB DESCRIPTION IN NO WAY STATES OR IMPLIES THAT THESE ARE THE ONLY DUTIES TO BE PERFORMED BY THIS EMPLOYEE.   HE OR SHE WILL BE REQUIRED TO FOLLOW OTHER INSTRUCTIONS AND TO PERFORM OTHER DUTIES REQUESTED BY HIS OR HER SUPERVISOR THAT ARE WITHIN HIS / HER KNOWLEDGE, SKILL AND ABILITY AS WELL AS HIS / HER MENTAL AND PHYSICAL ABILITIES.

REV. 6/25/2024