Fraud Prevention Manager jobs in Illinois
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
Fraud Investigations Manager
- CIBC Bank USA
-
Chicago, IL
FULL_TIME
- We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute. To learn more about CIBC, please visit CIBC.com The Fraud Investigation Manager will report to the US Director of Fraud Investigations and will supervise a team of fraud analysts and investigators responsible for conducting fraud analytics and investigations. Provide guidance and knowledge to clients and other lines of business specific to client fraud investigations. This role may require participation in projects that represent significant loss exposure and/or are highly visible to CIBC. Interview clients, research transactions, and records to present investigation results. Key to the success is collaborating with the Enterprise Fraud Function, Lines of Business, and developing strong network with other financial institutions. Key Accountabilities Knowledge in banking regulations with a fraud nexus (e.g. Regulations E and CC; Bank Secrecy Act, FinCen Guidelines, Identity Theft Red Flag Rule, and other regulatory compliance rules Review investigative reports, while ensuring cases comply with regulatory requirements and quality metrics Conduct QA reviews on analyst work submissions Able to analyze, evaluate, and interpret information gathered from numerous databases and third party sources and identify "red flags" that prompt further inquiry; Ability to take complex issues and break them down to applicable solutions; Identify significant issues and control weaknesses, and make recommendations to management to minimize exposure or loss; Provide consultation and guidance to line and senior management on investigative related issues, including risk; Complete written reports regarding instances of suspected or confirmed fraud Partners with compliance, lines of business or other stakeholders to resolve investigations; Ability to assess an operational or security challenge/opportunity and determine best future state; Ensures significant investigative issues and/or trends are identified, escalated and acted upon through investigation reports and other internal escalation paths; Performs quality control functions, training, communications, guidance, monitoring scenario development/enhancement input and testing. Qualifications Bachelors Degree or equivalent experience 5 years of experience in financial investigations for a large and foreign banking organization, or financial services firm. Maintains a robust fraud peer network by way of fraud consortium memberships and participation CFE- Certified Fraud Examiner , ACAMS - Association of Certified Anti-Money Laundering Specialists or other certification a plus Highly organized and motivated self- starter who can deliver results with minimal supervision; ability to drive strategic change in a matrixed-environment Strong communicator who instills confidence and is able to communicate clearly and effectively at all levels Self-motivated and ability to work unsupervised, align time management with priorities. Ability to work across various functions Prior supervisory experience At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents, and empowers teams to do what’s right for the client and to do it well. As part of our team, you will: Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and home. Connect: Work in a place where the right technology and infrastructure foster innovation, collaboration, and creativity. Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training. Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits programs, retirement savings, and more. California residents — your privacy rights regarding your actual or prospective employment What CIBC Offers At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck. We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program. Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients. We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development. *Subject to plan and program terms and conditions What you need to know CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit. We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, French proficiency, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us. Job Location IL-70 W Madison St, 8th Fl Employment Type Regular Weekly Hours 40 Skills Compliance Reporting, Compliance Testing, Decision Making, Regulatory Compliance, Risk Assessments, Strategic Advice At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
- 10 Days Ago
Fraud Investigations Manager
- OppFi
-
Chicago, IL
FULL_TIME
- OppFi is a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans. Through best-in-class customer service, tra...
- 22 Days Ago
Territory Account Manager
- Crisis Prevention Institute, Inc
-
Gurnee, IL
FULL_TIME
- Our Story: Crisis Prevention Institute Inc. is the worldwide leader in evidence-based de-escalation and crisis prevention training, and dementia care services. Since 1980, we’ve helped train more than...
- 26 Days Ago
Product Manager, Payments Fraud Solutions
- JPMC Candidate Experience page
-
Chicago, IL
FULL_TIME
- Are you are a strategic thinker, passionate about leading and delivering solutions to clients? You have found the right team. As a Product Manager, Payments Fraud Solutions in Commercial Banking Solut...
- 2 Months Ago
Grant Prevention Manager
- Hoyleton Youth & Family Services
-
Fairview, IL
FULL_TIME
- BenefitsAt Hoyleton Youth and Family Services, we offer more than just a job - we offer a rewarding career in Fairview Heights, IL where you can truly make a difference. Ready to use your grant progra...
- Just Posted
Manager of Site Based Prevention
- BUILD Chicago
-
Chicago, IL
FULL_TIME
- DescriptionBUILD, Inc. (Broader Urban Involvement and Leadership Development) is presently seeking a committed, self-motivated, and innovative individual to join our team. BUILD is a nationally respec...
- 2 Days Ago
Fraud Prevention Manager jobs at Popular Companies
HIV Prevention Manager
- CAN Community Health
-
Saint Petersburg, FL
- Description: CAN Community Health, one of the nation's largest providers of HIV Services, has an exciting opportunity fo...
- 6/2/2024 12:00:00 AM
Regional Loss Prevention Manager
- SPARC Group LLC
-
- The Regional Loss Prevention Manager is responsible for the implementation of all Loss Prevention functions for the assi...
- 6/2/2024 12:00:00 AM
Regional Loss Prevention Manager
- Dunhams Sports
-
Marion, IN
- POSITION SUMMARY: The Regional Manager of Loss Prevention, Audit & Firearms Compliance is a leadership role that will ev...
- 6/2/2024 12:00:00 AM
Loss Prevention Manager
- Five Below, Inc.
-
Chicago, IL
- At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free...
- 6/1/2024 12:00:00 AM
Infection Prevention Manager - 01
- St. Rose Hospital
-
Hayward, CA
- Responsible for surveillance, prevention and control of infection. Assists with policy and procedure development and imp...
- 6/1/2024 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...
- 5/31/2024 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 ...
- 5/30/2024 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. ...
- 5/30/2024 12:00:00 AM
About Illinois
Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP),
the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Fraud Prevention Manager jobs
$99,734 to $132,744
Most Popular Cities in Illinois 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