Job Information
Riverview Bank Fraud and Financial Crimes Officer - FRAUD002220 in Vancouver, Washington
SUMMARY:
We are excited to announce the launch of our new Fraud and Financial Crimes Program, and we are looking for a seasoned professional to lead its establishment and growth. This role is pivotal in developing, delivering, and managing a comprehensive and centralized fraud prevention, detection, and investigation program from the ground up.
The salary for this role will be between $64,833 and $94,656. Salary dependent on several factors including but not limited to applicants skills and prior relevant experience. Position eligible for healthcare benefits, 401K plan, short term & long-term disability coverage, life insurance, vacation & sick time, educational assistance, and several holidays.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- - Spearhead the creation and implementation of our new Fraud and Financial Crimes Program, ensuring robust frameworks are in place for fraud prevention, detection, and investigation.
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``` - - Lead and fully develop an evolving fraud program, providing strategic direction and oversight to ensure its success and adaptability to emerging threats.
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``` - - Critically analyze existing controls and procedures, identifying opportunities for enhancement and implementing necessary changes to strengthen the program.
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``` - - Leverage technology and research capabilities to assist with fraud detection.
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``` - - Conduct thorough investigations into both successful and attempted fraud incidents,
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``` - - Use insights gained to recommend procedural or systemic enhancements to prevent future occurrences.
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``` - - Work directly with relative stakeholder groups at the bank to maximize their respective fraud tools/practices, as well as discover new tools to help them and the bank in these duties.
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``` - - Apply applicable regulations and laws (such as Regulation CC, Regulation E, etc.) to help protect the bank and its customers from lost funds due to fraudulent transactions.
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``` - - Develop fraud policies and procedures.
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``` - - Help prepare the bank for the impending rollout of FedNow money transfers to ensure the bank and its customers can be well protected; including processes for identifying and disputing legitimate fraud claims that may arise from this service.
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``` - - Prepare comprehensive board reports related to fraud, including the annual Red Flag Board Report and the Red Flag/ID Theft risk assessment.
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``` - - Establish and maintain reporting tools for the regular assessment and review of the frequency, volume, and dollar amounts lost and saved due to fraud attacks on the bank and its customers.
Additional duties and responsibilities: Other duties may be assigned.
- - Participates in and completes training objectives with passing scores.
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``` - - Independently completes tasks assigned.
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``` - - Follow all Riverview policies and procedures.
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``` - - Maintain current knowledge on applicable emerging fraud risks and regulatory information.
RELATIONSHIPS
- - Frequent contact with Supervisor to ensure strategic alignment, oversight, resource allocation, risk management, regulatory compliance, accurate reporting, problem-solving, and performance feedback for the successful development and implementation of the fraud program.
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``` - - Frequently confer with fellow employees and other departments in aiding and coordination of related activities.
Contact with representatives from various vendors, State and Federal examiners, and Board of Directors.