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Fraud Manager

Posting Date:  Nov 25, 2022
Location: 

Louisville, KY, US, 40299

Farm Credit Mid-America is a financial services cooperative serving financial needs of farmers and rural residents across Indiana, Ohio, Kentucky and Tennessee for over a century. Our purpose is to secure the future of rural communities and agriculture - one home, one farm and one business at a time. We are passionate about serving the needs of our rural communities and creating positive customer experiences.

Farm Credit Mid-America is a great place to work! We have been named as a Best Places to Work in Kentucky for the past 10 years. At Farm Credit Mid-America we put our customers and team members at the heart of all we do.  

 

SCHEDULE:  Full Time 
TRAVEL REQUIRED:  0% - 25% 

 

About Our Opportunity

Our Fraud Manager develops, implements, enhances and maintains aspects of a fraud program to promote adherence to internal fraud-related procedures and processes and existing, new or revised regulatory requirements and/or best practices. This role serves as a fraud subject matter expert for our Association.

How You Will Spend Your Time

  • Identify, measure, monitor and report fraud risk. 
  • Research, recommend and implement fraud detection and investigation software. 
  • Monitor and handle alerts from third party vendor to determine whether fraud has occurred. 
  • Ensure that policies, procedures and programs comply with applicable regulatory requirements and mitigate fraud risk. 
  • Assist in the creation, review and updating of processes, procedures, policies and job aides. 
  • Develop adherence and escalation framework for fraud program. 
  • Develop and facilitate fraud training programs. 
  • Create reporting that outlines shifting fraud trends to mitigate fraud losses. 
  • Lead fraud sub-team/committee to discuss trends and losses that reports to Operational Risk Committee.
  • Assist leadership in determining acceptable fraud risk tolerances. 
  • Provide direct support to cross functional teams to identify fraud red flags and promote mitigation solutions.
  • Serve as a subject matter expert on fraud-related matters as projects and initiatives are introduced, implemented and revised. 
  • Participate on the front end of new product and service development to proactively consider and address fraud issues during implementation as well as provide ongoing support post-implementation. 
  • Monitor emerging fraud issues and assist in assessing potential exposure to the Association. 
  • Investigate all fraud-related cases referred by business partners. 
  • Conduct interviews with customers, employees and potential victims to compile research.
  • Maintain detailed records of all investigations. 
  • Assist Legal with gathering information to ensure criminal referrals are completed as required. 
  • Partner with law enforcement when necessary to assist investigations. 
  • Participate in the development and/or presentation of an overview of the Association’s fraud program to senior leaders or others as appropriate or requested. 
  • Participate in creating fraud updates for team members and customers to publish on company intranet, website or distribution via other channels.

Minimum Education & Experience

Bachelor’s degree in business, finance, agribusiness, or equivalent experience. Ideal candidate will have at least five (5) years related experience in the fraud or anti-money laundering field related to commercial lending, consumer lending, consumer or agricultural servicing, or another highly regulated field relating to financial services. Experience with and understanding of Fair Credit Reporting Act and other regulations as applicable. Certified

Fraud Examiner (CFE) or Certified AML and Fraud Professional (CAFP) designation preferred or be willing to obtain certification.

Mental & Physical Requirements

  • Engage in telephone and face-to-face conversation to serve customers and give and receive information from customers, staff, vendors, outside consultants and the public. 
  • Use a computer and similar office technology and tools. This involves reading the screen and keying/typing information. 
  • Speak and make presentations to individuals or groups on technical subjects related to job. 
  • Travel via auto or commercial transportation to carry out essential responsibilities of the job. 
  • Successfully interact with and represent the organization to customers, staff, officers, board members, vendors, and/or the public at all levels. 
  • Provide sound technical advice to customers and other staff in the subject field(s) related to this position. 
  • Understand and explain various subject matter and consulting concepts, programs, terminology, and methods. 
  • Reason, judge, compare, calculate, evaluate, decide, and critique such information as written material, numerical data, responses to customer needs, and/or other related work activities. 
  • Requirements of the job include the ability to do the work, with or without reasonable accommodations.
  • It is the Association's policy to make reasonable accommodations for individuals with disabilities. 

Farm Credit Mid-America provides a competitive total rewards package to our team members. This includes an award winning 401(k) Plan. Our Health and Financial wellness benefits provide safety, security and peace of mind for you and your family. Here is only a highlight of what we provide our team members:

 

  • Medical Insurance - Two consumer-driven health plans available paired with a tax-advantaged Health Savings Account (HSA).
  • Dental - Our dental plan offers option of basic or comprehensive coverage. 
  • Vision Insurance
  • Flexible Spending Accounts - Two Savings Plans to plan for eligible healthcare expenses.
  • Employee Assistance Program (EAP) - Mental Health providers for you and your family.
  • Income Protection - Short and Long-term Disability Insurance coverage.
  • Retirement Savings - Team members have 401(k) savings options with an employer match.
  • Paid Time Off - Vacation, sick, and holidays.

 

Farm Credit Mid-America is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability or any other category protected by law.

 

CITYIND


Nearest Major Market: Louisville