Published on

Apr 26, 2024

Published on

Apr 26, 2024

Published on

Apr 26, 2024

Published on

Apr 26, 2024

Fraud Prevention Manager

Fraud Prevention Manager

Fraud Prevention Manager

Fraud Prevention Manager

Full-time

/

Brea, CA

/

Remote

Full-time

/

Brea, CA

/

Remote

Full-time

/

Brea, CA

/

Remote

Full-time

/

Brea, CA

/

Remote

About the job

Summary: Reporting directly to the Vice President of Compliance and Internal Controls, the Manager, Fraud Prevention, is responsible for managing and coordinating fraud prevention, mitigation, and investigation activities and functions, such as identifying high risk transactions and emerging threats, researching, and resolving suspicious activities, preparing Suspicious Activity reporting to FinCen, performing investigations, implementing controls and recovering funds.
Qualifications:To perform this job successfully, an individual must be bondable and able to perform each essential duty with a high degree of competence. The requirements listed below are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Proficient with Microsoft Word, Excel and Windows-based email and Internet browser software programs.Understands and implements the principles of project, process, and workflow management.Proficient knowledge of risk management and regulations including USA Patriot Act, BSA/AML, OFAC, and CIP.Thorough working knowledge and understanding of Uniform Commercial Codes 3, 4 and 4a, NACHA, and other applicable laws and regulations pertaining to checks, Regulation E, and the banking system.
The ideal team player in this position must possess competence in the technical areas of the function as well as demonstrate the following virtues:Humble – lack excessive ego or concerns about status; share credit, emphasize team over self, and define success collectively rather than individually. Hungry – always looking for more to do, more to learn, more responsibility; rarely needs to be pushed because they are self-motivated and diligent. Smart – emotionally intelligent and have common sense about people, good judgement and intuition around subtleties of group dynamics and the impact of their words and actions.
Duties and Responsibilities: Effectively manages all incoming communications regarding fraudulent or potentially fraudulent activity received via multiple channels from internal departments, members, law enforcement, and other financial institutions.Reviews fraudulent activity for the prevention and detection of potential fraud utilizing multiple systems in the areas of; Wires, ACH, Card, Check and Online Banking Takeover events. Works Verafin alerts for suspicious activity.Leads the fraud management process with the right balance of customer and risk focus with a goal of mitigating credit union losses while not losing sight of unnecessary member friction.Ensures that effective processes are in place to manage and reduce fraudulent activity. Suggests training materials on fraud trends for membership. Proactively identifies. researches and recommends policies and procedures changes to reduce costs, streamline operations and/or increase efficiency.Identifies and recommends system setting changes, procedure changes, etc, to adjust and combat fraudulent activity as needed.Responsible for the Bank’s fraud monitoring, reporting and KPI’s to meet the required Board and Management oversight expectations. Identifies trends in like activity that can be escalated for possible deterrence activity.Serves as a member of the Fraud Committee and prepares Committee documents, minutes, and related materials. Tracks financial industry fraud trends, adapts accordingly, and recommends mitigating solutions. Prepares written fraud trends, investigations, Suspicious Activity reports, and loss reports.Creates, establishes, and analyzes policies and procedures relative to the BOS areas.Exercises granted authority to provide member credit in fraud instances, extend holds, determine closure or reopening of accounts.Responsible for identifying and reporting unusual and suspicious activity under the requirements of the BSA/Anti-Money Laundering ActResponsible for compliance with OFAC/USA PATRIOT Act and the Customer Identification Program as applicable to your positionOther duties as appropriate and/or assigned.
Education and Experience: Bachelor’s degree (BA) and five to seven years related experience in banking or credit union industry.
Work Location and ScheduleWork is primarily conducted remotely from home office or approved worksite. Occasional meetings onsite in the office and travel may be required. General work hours are Monday to Friday 8:00am-5:00pm.

About the job

Summary: Reporting directly to the Vice President of Compliance and Internal Controls, the Manager, Fraud Prevention, is responsible for managing and coordinating fraud prevention, mitigation, and investigation activities and functions, such as identifying high risk transactions and emerging threats, researching, and resolving suspicious activities, preparing Suspicious Activity reporting to FinCen, performing investigations, implementing controls and recovering funds.
Qualifications:To perform this job successfully, an individual must be bondable and able to perform each essential duty with a high degree of competence. The requirements listed below are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Proficient with Microsoft Word, Excel and Windows-based email and Internet browser software programs.Understands and implements the principles of project, process, and workflow management.Proficient knowledge of risk management and regulations including USA Patriot Act, BSA/AML, OFAC, and CIP.Thorough working knowledge and understanding of Uniform Commercial Codes 3, 4 and 4a, NACHA, and other applicable laws and regulations pertaining to checks, Regulation E, and the banking system.
The ideal team player in this position must possess competence in the technical areas of the function as well as demonstrate the following virtues:Humble – lack excessive ego or concerns about status; share credit, emphasize team over self, and define success collectively rather than individually. Hungry – always looking for more to do, more to learn, more responsibility; rarely needs to be pushed because they are self-motivated and diligent. Smart – emotionally intelligent and have common sense about people, good judgement and intuition around subtleties of group dynamics and the impact of their words and actions.
Duties and Responsibilities: Effectively manages all incoming communications regarding fraudulent or potentially fraudulent activity received via multiple channels from internal departments, members, law enforcement, and other financial institutions.Reviews fraudulent activity for the prevention and detection of potential fraud utilizing multiple systems in the areas of; Wires, ACH, Card, Check and Online Banking Takeover events. Works Verafin alerts for suspicious activity.Leads the fraud management process with the right balance of customer and risk focus with a goal of mitigating credit union losses while not losing sight of unnecessary member friction.Ensures that effective processes are in place to manage and reduce fraudulent activity. Suggests training materials on fraud trends for membership. Proactively identifies. researches and recommends policies and procedures changes to reduce costs, streamline operations and/or increase efficiency.Identifies and recommends system setting changes, procedure changes, etc, to adjust and combat fraudulent activity as needed.Responsible for the Bank’s fraud monitoring, reporting and KPI’s to meet the required Board and Management oversight expectations. Identifies trends in like activity that can be escalated for possible deterrence activity.Serves as a member of the Fraud Committee and prepares Committee documents, minutes, and related materials. Tracks financial industry fraud trends, adapts accordingly, and recommends mitigating solutions. Prepares written fraud trends, investigations, Suspicious Activity reports, and loss reports.Creates, establishes, and analyzes policies and procedures relative to the BOS areas.Exercises granted authority to provide member credit in fraud instances, extend holds, determine closure or reopening of accounts.Responsible for identifying and reporting unusual and suspicious activity under the requirements of the BSA/Anti-Money Laundering ActResponsible for compliance with OFAC/USA PATRIOT Act and the Customer Identification Program as applicable to your positionOther duties as appropriate and/or assigned.
Education and Experience: Bachelor’s degree (BA) and five to seven years related experience in banking or credit union industry.
Work Location and ScheduleWork is primarily conducted remotely from home office or approved worksite. Occasional meetings onsite in the office and travel may be required. General work hours are Monday to Friday 8:00am-5:00pm.

About the job

Summary: Reporting directly to the Vice President of Compliance and Internal Controls, the Manager, Fraud Prevention, is responsible for managing and coordinating fraud prevention, mitigation, and investigation activities and functions, such as identifying high risk transactions and emerging threats, researching, and resolving suspicious activities, preparing Suspicious Activity reporting to FinCen, performing investigations, implementing controls and recovering funds.
Qualifications:To perform this job successfully, an individual must be bondable and able to perform each essential duty with a high degree of competence. The requirements listed below are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Proficient with Microsoft Word, Excel and Windows-based email and Internet browser software programs.Understands and implements the principles of project, process, and workflow management.Proficient knowledge of risk management and regulations including USA Patriot Act, BSA/AML, OFAC, and CIP.Thorough working knowledge and understanding of Uniform Commercial Codes 3, 4 and 4a, NACHA, and other applicable laws and regulations pertaining to checks, Regulation E, and the banking system.
The ideal team player in this position must possess competence in the technical areas of the function as well as demonstrate the following virtues:Humble – lack excessive ego or concerns about status; share credit, emphasize team over self, and define success collectively rather than individually. Hungry – always looking for more to do, more to learn, more responsibility; rarely needs to be pushed because they are self-motivated and diligent. Smart – emotionally intelligent and have common sense about people, good judgement and intuition around subtleties of group dynamics and the impact of their words and actions.
Duties and Responsibilities: Effectively manages all incoming communications regarding fraudulent or potentially fraudulent activity received via multiple channels from internal departments, members, law enforcement, and other financial institutions.Reviews fraudulent activity for the prevention and detection of potential fraud utilizing multiple systems in the areas of; Wires, ACH, Card, Check and Online Banking Takeover events. Works Verafin alerts for suspicious activity.Leads the fraud management process with the right balance of customer and risk focus with a goal of mitigating credit union losses while not losing sight of unnecessary member friction.Ensures that effective processes are in place to manage and reduce fraudulent activity. Suggests training materials on fraud trends for membership. Proactively identifies. researches and recommends policies and procedures changes to reduce costs, streamline operations and/or increase efficiency.Identifies and recommends system setting changes, procedure changes, etc, to adjust and combat fraudulent activity as needed.Responsible for the Bank’s fraud monitoring, reporting and KPI’s to meet the required Board and Management oversight expectations. Identifies trends in like activity that can be escalated for possible deterrence activity.Serves as a member of the Fraud Committee and prepares Committee documents, minutes, and related materials. Tracks financial industry fraud trends, adapts accordingly, and recommends mitigating solutions. Prepares written fraud trends, investigations, Suspicious Activity reports, and loss reports.Creates, establishes, and analyzes policies and procedures relative to the BOS areas.Exercises granted authority to provide member credit in fraud instances, extend holds, determine closure or reopening of accounts.Responsible for identifying and reporting unusual and suspicious activity under the requirements of the BSA/Anti-Money Laundering ActResponsible for compliance with OFAC/USA PATRIOT Act and the Customer Identification Program as applicable to your positionOther duties as appropriate and/or assigned.
Education and Experience: Bachelor’s degree (BA) and five to seven years related experience in banking or credit union industry.
Work Location and ScheduleWork is primarily conducted remotely from home office or approved worksite. Occasional meetings onsite in the office and travel may be required. General work hours are Monday to Friday 8:00am-5:00pm.

About the job

Summary: Reporting directly to the Vice President of Compliance and Internal Controls, the Manager, Fraud Prevention, is responsible for managing and coordinating fraud prevention, mitigation, and investigation activities and functions, such as identifying high risk transactions and emerging threats, researching, and resolving suspicious activities, preparing Suspicious Activity reporting to FinCen, performing investigations, implementing controls and recovering funds.
Qualifications:To perform this job successfully, an individual must be bondable and able to perform each essential duty with a high degree of competence. The requirements listed below are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Proficient with Microsoft Word, Excel and Windows-based email and Internet browser software programs.Understands and implements the principles of project, process, and workflow management.Proficient knowledge of risk management and regulations including USA Patriot Act, BSA/AML, OFAC, and CIP.Thorough working knowledge and understanding of Uniform Commercial Codes 3, 4 and 4a, NACHA, and other applicable laws and regulations pertaining to checks, Regulation E, and the banking system.
The ideal team player in this position must possess competence in the technical areas of the function as well as demonstrate the following virtues:Humble – lack excessive ego or concerns about status; share credit, emphasize team over self, and define success collectively rather than individually. Hungry – always looking for more to do, more to learn, more responsibility; rarely needs to be pushed because they are self-motivated and diligent. Smart – emotionally intelligent and have common sense about people, good judgement and intuition around subtleties of group dynamics and the impact of their words and actions.
Duties and Responsibilities: Effectively manages all incoming communications regarding fraudulent or potentially fraudulent activity received via multiple channels from internal departments, members, law enforcement, and other financial institutions.Reviews fraudulent activity for the prevention and detection of potential fraud utilizing multiple systems in the areas of; Wires, ACH, Card, Check and Online Banking Takeover events. Works Verafin alerts for suspicious activity.Leads the fraud management process with the right balance of customer and risk focus with a goal of mitigating credit union losses while not losing sight of unnecessary member friction.Ensures that effective processes are in place to manage and reduce fraudulent activity. Suggests training materials on fraud trends for membership. Proactively identifies. researches and recommends policies and procedures changes to reduce costs, streamline operations and/or increase efficiency.Identifies and recommends system setting changes, procedure changes, etc, to adjust and combat fraudulent activity as needed.Responsible for the Bank’s fraud monitoring, reporting and KPI’s to meet the required Board and Management oversight expectations. Identifies trends in like activity that can be escalated for possible deterrence activity.Serves as a member of the Fraud Committee and prepares Committee documents, minutes, and related materials. Tracks financial industry fraud trends, adapts accordingly, and recommends mitigating solutions. Prepares written fraud trends, investigations, Suspicious Activity reports, and loss reports.Creates, establishes, and analyzes policies and procedures relative to the BOS areas.Exercises granted authority to provide member credit in fraud instances, extend holds, determine closure or reopening of accounts.Responsible for identifying and reporting unusual and suspicious activity under the requirements of the BSA/Anti-Money Laundering ActResponsible for compliance with OFAC/USA PATRIOT Act and the Customer Identification Program as applicable to your positionOther duties as appropriate and/or assigned.
Education and Experience: Bachelor’s degree (BA) and five to seven years related experience in banking or credit union industry.
Work Location and ScheduleWork is primarily conducted remotely from home office or approved worksite. Occasional meetings onsite in the office and travel may be required. General work hours are Monday to Friday 8:00am-5:00pm.

AdelFi Credit Union

Brea, CA

Visit Company Website

AdelFi Credit Union

Brea, CA

Visit Company Website

AdelFi Credit Union

Brea, CA

Visit Company Website

AdelFi Credit Union

Brea, CA

Visit Company Website

About Company

AdelFi is a credit union that partners with individuals, families, Christ-centered ministries, and businesses to protect, grow, and share their financial resources. We are a cooperative of Christian individuals and organizations sharing our resources to grow and support the spread of the Gospel. As a digital financial institution, with a global membership, AdelFi offers a variety of banking options and services, with the commitment to giving back 10% of profits every year to Christian non-profits, ministries, and organizations.AdelFi offers career opportunities to its talented contributors who understand and abide by our mission by creating an environment where they can thrive Professionally, Purposefully, and Personally. In addition to providing a suite of traditional benefits, we encourage a balance between work, family, and personal interests, while offering opportunities through paid serve days where staff can volunteer and assist faith-aligned non-profits and organizations in need.

Total Employees

148

Company 2-Year Growth

3%

Median Employee Tenure

13.2 years

Because no one goes to school
for fighting fraud.