Senior Director Fraud, Disputes

Base pay range 250,000.00 / yr - $300,000.00 / yr Responsibilities Lead and manage three second line functions providing independent oversight and challenge to first line fraud prevention and financial crimes controls Develop and execute comprehensive risk-based strategies for fraud oversight and financial crimes compliance aligned with the bank's risk appetite and regulatory requirements Assess the design and operating effectiveness of first line controls across all business lines, channels, and product offerings Challenge first line risktaking activities and escalate concerns regarding control deficiencies, emerging risks, or risk appetite breaches Establish and monitor key performance and risk indicators, metrics, and reporting frameworks to provide enterprisewide visibility into fraud and financial crimes risks BSA / AML Program Oversight & Management Directly manage the designated BSA / AML Officer administratively and provide strategic direction, resources, and support for the bank's BSA / AML compliance program Ensure the BSA / AML Officer maintains the authority, independence, and resources required by federal regulations to effectively discharge their responsibilities Provide the BSA / AML Officer with unfettered direct access to the Chief Risk Officer, CEO, and Board of Directors / Board committees without requiring escalation through this role Protect the BSA / AML Officer's independence to report regulatory concerns, file Suspicious Activity Reports, and elevate issues without interference Ensure the BSA / AML program maintains effective controls for customer due diligence, suspicious activity monitoring and reporting, currency transaction reporting, and OFAC sanctions screening Oversee the development and annual refresh of the Bank's BSA / AML risk assessment Provide seniorlevel review and strategic guidance on complex or escalated Suspicious Activity Reports while respecting the BSA / AML Officer's ultimate filing authority Ensure the BSA / AML program adapts to evolving regulatory expectations, emerging typologies, and changes in the bank's risk profile Manage relationships with transaction monitoring system vendors and oversee system optimization and tuning Oversee the second line fraud risk management function, providing independent assessment of fraud prevention, detection, and response capabilities across the enterprise Evaluate the effectiveness of fraud controls spanning wire, ACH, card, check, digital banking, and emerging payment channels Monitor fraud loss trends, velocity, and patterns; challenge first line on control enhancements and risk mitigation strategies Assess fraud risk in new products, services, channels, and partnerships before implementation Oversee the Bank's fraud risk appetite framework and elevate breaches or concerning trends Quality Assurance Function Lead the independent quality assurance function that performs riskbased quality assurance of both BSA / AML and fraud functions Develop annual riskbased QA testing plans covering transaction monitoring alert / case disposition, SARs, CTRs, fraud case management Ensure QA findings are appropriately documented, rated, and tracked through remediation Validate that corrective actions address root causes and prevent recurrence Ensure QA activities support, rather than impede, the BSA / AML Officer's independence and authority Regulatory Compliance & Examinations Maintain current knowledge of evolving BSA / AML regulations, fraudrelated guidance, and regulatory expectations from FinCEN, OCC, FDIC, Federal Reserve, and other applicable agencies Serve as senior liaison with regulators during examinations related to fraud and financial crimes, coordinating responses and managing examination logistics in partnership with the BSA / AML Officer Oversee timely and accurate regulatory reporting and filings through the BSA / AML Officer Governance & Risk Reporting Chair or participate in governance committees related to fraud risk and financial crimes Provide regular risk reporting to the Chief Risk Officer, executive leadership, and Board Risk Committee on fraud and financial crimes exposure, trends, and program effectiveness Facilitate the BSA / AML Officer's direct reporting to the Board of Directors (or designated Board committee) at least annually, and more frequently as circumstances require Manage issue remediation processes, ensuring timely closure of audit findings, regulatory issues, and internal control deficiencies Develop and maintain policies, procedures, and standards for fraud and financial crimes risk management, ensuring BSA / AML policies reflect the Officer's authority and independence Build, lead, and develop highperforming second line teams with deep technical expertise in fraud risk, BSA / AML compliance, and quality assurance Any other tasks as needed commensurate with the role / position. Qualifications Required Education & Experience Bachelor's degree in Finance, Business, Criminal Justice, Risk Management, or related field required; advanced degree (MBA, JD, or Master's) preferred Minimum 1215 years of progressive experience in fraud risk management, BSA / AML compliance, financial crimes, or risk oversight, with at least 7 years in senior leadership roles Proven track record building and leading fraud and / or BSA / AML programs in banking or financial services Experience managing through regulatory examinations, addressing findings, and maintaining regulatory relationships Prior experience overseeing or serving as a BSA / AML Officer strongly preferred Demonstrated understanding of BSA / AML Officer independence requirements and ability to enable compliance while providing oversight Certifications & Specialized Knowledge CAMS (Certified AntiMoney Laundering Specialist) or CFE (Certified Fraud Examiner) certification required; both highly preferred Comprehensive knowledge of BSA / AML regulations (Bank Secrecy Act, USA PATRIOT Act, FinCEN regulations), OFAC requirements, and fraudrelated laws Deep understanding of regulatory expectations regarding BSA / AML Officer authority, independence, and governance Seniority level Director Employment type Fulltime Job function Accounting / Auditing, Finance, and Analyst Industries Banking and Financial Services J-18808-Ljbffr #J-18808-Ljbffr