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Kids for the Future

Fraud Specialist – Team Lead

Kids for the Future, Greenwood Village, Colorado, United States

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Location 6380 S Fiddlers Green Cir #108a,Greenwood Village, CO, 80111,United States Base Pay $60000.00 - $85000.00 / Year Job Category Deposit Operations Employee Type FT Exempt Required Degree 4 Year Degree Manage Others No

Summary of Job

The Fraud Specialist – Team Lead is responsible for developing, implementing, and managing the bank’s fraud prevention and detection strategies. This includes overseeing the investigation of suspected fraudulent activity, maintaining fraud monitoring systems, training staff on fraud awareness, and ensuring compliance with regulatory guidelines. The role requires strong analytical, investigative, and leadership skills to minimize financial losses and protect the bank and its customers.

Essential Job Responsibilities

Develop and maintain fraud detection programs, policies, and procedures.

Monitor real-time fraud detection systems and alerts across all banking channels (e.g., debit/credit cards, ACH, wire, mobile and online banking).

Investigate and analyze suspected fraudulent transactions and behaviors.

Identify fraud trends and implement strategies to mitigate emerging threats.

Manage end-to-end fraud investigations, including evidence collection, documentation, and resolution.

Work with law enforcement and regulatory agencies (e.g., FinCEN, FBI) as needed.

File Suspicious Activity Reports (SARs) when appropriate.

Maintain accurate and comprehensive records of all fraud incidents and outcomes.

Ensure compliance with relevant laws, regulations, and internal policies (e.g., BSA/AML, Reg E, OFAC).

Perform regular fraud risk assessments across departments and processes.

Coordinate with compliance and internal audit teams on fraud-related reviews.

Supervise and mentor fraud analysts or fraud prevention staff.

Provide training and guidance to bank personnel on fraud awareness and prevention practices.

Promote a culture of ethical behavior and fraud risk awareness throughout the organization.

Evaluate and manage fraud detection tools, software, and third-party service providers.

Partner with IT and cybersecurity teams to enhance digital security and fraud detection capabilities.

Recommend and implement system enhancements to improve fraud prevention.

Maintain current knowledge and follow all bank financial and security regulations and procedures.

Embody, embrace, and demonstrate InBank’s Core Values: Commitment, Innovation, Responsibility, Teamwork, Happiness, and Authenticity.

Other duties as assigned.

Specific Duties and Responsibilities

Customer Service

Financial

Administrative Duties

Autonomy

Employees Supervised

Budget Responsibility

Education

Bachelor’s degree or equivalent work experience

Work Experience

Bachelor’s degree in Finance, Accounting, Business, or related field.

Supervisory Experience

2+ years of experience managing teams

Licenses/Accreditations

Certified Fraud Examiner (CFE) (preferred but not required)

Certified Anti-Money Laundering Specialist (CAMS) (preferred but not required)

Certified Financial Crime Specialist (CFCS) (preferred but not required)

Computer Skills

Proficiency in fraud detection software, core banking systems, and Microsoft Office.

Other Requirements

Deep understanding of fraud typologies in banking (card fraud, wire fraud, synthetic ID, check fraud, etc.).

Strong investigative and analytical skills with attention to detail.

Knowledge of relevant laws and regulations: Reg E, Reg CC, BSA/AML, UDAAP, OFAC, etc.

Excellent communication and interpersonal skills; able to work cross-functionally.

Strong decision-making and risk assessment abilities.

Preferred Skills/Experience

Hands-on experience with warranty claims, return submissions (check and ACH), and other ways to recoup funds from a fraudulent transaction.

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