Fraud Prevention Manager jobs in South Dakota
Fraud Prevention Manager manages a team of analysts responsible for the detection, prevention, and mitigation of fraudulent transactions. Develops cross-functional initiatives to proactively detect and prevent fraud from occurring. Being a Fraud Prevention Manager approves and implements recommendations for process and procedure improvements. Reviews and implements best practices in the fraud prevention industry. Additionally, Fraud Prevention Manager ensures compliance with all relevant anti-fraud regulations and standards. Creates reports outlining trends, risks, and mitigation strategies. Requires a bachelor's degree. Typically reports to a director. The Fraud Prevention Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Fraud Prevention Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Recently Added Fraud Prevention Manager jobs
BSA & Fraud Quality Assurance Manager
- Stride Bank, N.A.
-
Sioux Falls, SD
FULL_TIME
-
Job Details
Job Location
SF - Sioux Falls, SD
Position Type
Full Time
Education Level
4 Year Degree
Travel Percentage
Up to 25%
Job Shift
Day
Job Category
Banking
Description
The BSA and Fraud Quality Assurance Manager is responsible for administering the BSA and Fraud Quality Assurance and Testing Program and reviewing financial crimes compliance functions within the BSA and Fraud departments.
Principle Duties And Responsibilities- Performs quality assurance reviews and monitoring of Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering, Fraud Prevention, OFAC, Customer Identification Program, and Customer Due Diligence compliance for the Bank and its third-party partners, as applicable.
- Develops and maintains BSA and Fraud Quality Assurance and Testing policies, procedures, and related program documentation.
- Develops and administers the BSA and Fraud Quality Assurance and Testing Framework in order to evaluate the adequacy, effectiveness, and efficiency of internal controls, as well as compliance with the Bank’s policies and procedures. This includes developing test scripts and supporting materials, performing quality assurance and testing reviews, the preparing of testing results, metrics and reports, the tracking and remediation of identified issues, and updating test scripts to remain current with changes in regulations, policies, and procedures.
- Develops and updates, on at least an annual basis, the BSA and Fraud Quality Assurance and Testing Annual Plan.
- Gathers data for reviews through a variety of methods including data queries, financial research, interviews and downloads.
- Executes quality assurance and testing reviews on the BSA and Fraud programs within scope of the annual plan, as well as hoc reviews, as necessary or dictated by exam, audit, and/or risk assessment findings.
- Documents relevant information to support the conclusions and recommendations for each quality assurance and testing review completed in accordance with the BSA and Fraud Quality Assurance and Testing Plan.
- Gathers and summarizes testing results, including root cause analysis, to make recommendations for the remediation of identified issues, including training and procedure/program enhancements, as needed.
- Facilitates discussion with the management and operating personnel of both the Bank and its third-party partners to verify and obtain explanations of identified issues.
- Tracks identified issues and remediation efforts in accordance with the Bank’s Issues Management policies and procedures.
- Applies in-depth knowledge and experience to ensure testing activities and workpapers adhere to standards and quality expectations.
- Works with BSA and Fraud Operations functions to support quality assurance reviews that benefit the BSA and Fraud programs.
- Performs other duties as assigned by the Director, Financial Crimes Investigative Unit or the Chief Risk Officer.
EDUCATION AND/OR EXPERIENCE- Bachelor’s degree, required.
- 5 years experience in BSA/AML compliance, fraud and/or case investigation OR experience in quality assurance/control or internal audit, required.
- Ability to identify and document relevant BSA/AML and fraud risks associated with key banking products, services and customers.
- Knowledge of regulatory environment(s) and emerging BSA/AML and fraud trends.
- Critical thinking and knowledge of data analysis tools, techniques and decision-making abilities, to effectively make data-driven decisions.
- Strong investigative, written and oral communication skills.
- Strong commitment to ethics, and the ability to understand a variety of issues and perspectives.
- Understanding of the banking industry, including bank partnerships with fintech companies.
- 11 Days Ago
Unarmed Security Officer $17.27
- THE LOSS PREVENTION GROUP, INC
-
Sioux Falls, SD
FULL_TIME
- LOOKING FOR A NEW CAREER Have a passion for service – we have just the opportunity for you! Did you know that Security is now a True Valued Profession? Seeking Work Life Balance? How about paid vacati...
- 10 Days Ago
Unarmed Security Officer Part Time - $17.27
- THE LOSS PREVENTION GROUP, INC
-
Sioux Falls, SD
PART_TIME
- Schedule: 22:00 to 06:00, Tue & Wed. **This position requires proof of COVID-19 (2 shots) vaccination** Metro One is the nation’s premier Loss Prevention and Security Organization, with more than 100 ...
- 24 Days Ago
BSA & Fraud Analyst I
- Stride Bank, N.A.
-
Sioux Falls, SD
FULL_TIME
- Job DetailsJob LocationSF - Sioux Falls, SDPosition TypeFull TimeEducation Level4 Year DegreeTravel PercentageNegligibleDescriptionThis position is responsible for the research and investigation of cu...
- 2 Days Ago
BSA/Fraud Officer
- Cornerstone Banks
-
Sioux Falls, SD
FULL_TIME
- Cornerstone Bank is looking for a full-time BSA Officer to join our professional team. This position can be located at any of our Cornerstone Bank locations. This candidate is responsible for overseei...
- 5 Days Ago
BSA/Fraud Officer
- Cornerstone Bank - ND/SD
-
Sioux Falls, SD
FULL_TIME
- Cornerstone Bank is looking for a full-time BSA Officer to join our professional team. This position can be located at any of our Cornerstone Bank locations. This candidate is responsible for overseei...
- 8 Days Ago
Fraud Prevention Manager jobs at Popular Companies
Loss Prevention Manager
- Uniqlo Co., Ltd.
-
Brooklyn, NY
- Salary: $62,000-$74,000 *The offered salary or salary range is based on several factors, including, but not limited to, ...
- 6/11/2024 12:00:00 AM
Infection Prevention Manager
- Baylor Scott & White Health
-
Plano, TX
- **JOB SUMMARY** The Infection Prevention Manager plans, develops, implements, manages, and evaluates a comprehensive fac...
- 6/11/2024 12:00:00 AM
Loss Prevention Manager
- Neiman Marcus Group
-
Pittston, PA
- Neiman Marcus Group is a relationship business that leads with love in everything we do—for our customers, associates, b...
- 6/10/2024 12:00:00 AM
Loss Prevention Manager
- Marriott International
-
Oxon Hill, MD
- Job Description JOB SUMMARY Manages the daily functions of the department to ensure protection of property assets, emplo...
- 6/10/2024 12:00:00 AM
Loss Prevention Manager
- Genuine Parts Company
-
Minneapolis, MN
- Job Description We are seeking an experienced and hard-working Loss Prevention Manager to join our growing auto parts te...
- 6/10/2024 12:00:00 AM
Loss Prevention Manager
- KSON Security Services
-
Nashville, TN
- POSITION SUMMARY: A Loss Prevention Manager is responsible for ensuring that adequate physical security measures are in ...
- 6/9/2024 12:00:00 AM
Loss Prevention Manager
- OSL Retail Services
-
Philadelphia, PA
- It’s an exciting time to be at OSL Retail Services, working for a people focused company that’s at the top of its game. ...
- 6/9/2024 12:00:00 AM
Infection Prevention Manager
- ICONMA
-
Mount Vernon, WA
- · Partners within all areas of client (including Cascade Valley Hospital, client, Clinic, Outpatient Surgery Center) to ...
- 6/8/2024 12:00:00 AM
About South Dakota
South Dakota (/- dəˈkoʊtə/ (listen)) is a U.S. state in the Midwestern region of the United States. It is named after the Lakota and Dakota Sioux Native American tribes, who compose a large portion of the population and historically dominated the territory. South Dakota is the seventeenth largest by area, but the fifth smallest by population and the 5th least densely populated of the 50 United States. As the southern part of the former Dakota Territory, South Dakota became a state on November 2, 1889, simultaneously with North Dakota. Pierre is the state capital and Sioux Falls, with a populat...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Fraud Prevention Manager jobs
$87,866 to $116,954
Most Popular Cities in South Dakota for Fraud Prevention Manager Jobs
What does a Fraud Prevention Manager do?
Fraud Prevention Manager in Vineland, NJ
Providers who violate the healthcare fraud laws could face exclusion from federal healthcare programs and civil monetary penalties.
February 06, 2020
Fraud Prevention Manager in Fargo, ND
This means that diligent hiring practices and thorough background checks aren’t enough to prevent fraud from happening at your business.
December 16, 2019
Fraud Prevention Manager in Oakland, CA
You need a trusted partner who can help you stay on top of emerging fraud trends and offer better protection.
December 27, 2019