Director of Fraud Prevention

Job description

The Director of Fraud Prevention is responsible for the leadership, support, and on-going development of the Fraud Prevention department. The role is critical to executing the bank’s strategy for addressing fraud prevention, detection, investigation, analysis, and reporting; leveraging experience as well as industry and law enforcement relationships. The Director of Fraud Prevention is responsible for leading and managing the fraud risk management program which includes all payment and document related fraud, working fraud alerts, research fraud activity and the reporting and escalation of fraud trends. In addition, the Director of Fraud Prevention will collaborate and partner with various lines of business to minimize and mitigate fraud risk for the bank and our customers. Position Responsibilities: Develop and implement comprehensive fraud prevention strategies and programs to safeguard the bank and its customers from various types of fraudulent activities, including but not limited to identity theft, payment fraud, account takeover, and cyber fraud. Responsible for leading the team by providing regulatory guidance, policy and standards on all matters relating to an effective Fra...