Regulation E Compliance Specialist
3 weeks ago
About the Role
We are seeking an experienced professional to lead our Regulation E department, with a strong focus on reducing fraudulent claims while ensuring compliance with federal regulations.
The Disputes Manager will be responsible for leading, inspiring, coaching and developing a group of high performing colleagues on the Disputes Team in Fraud Prevention & Investigations at BMTX under the direction of the SVP, Fraud Prevention & Investigations.
Key Responsibilities
- Oversee all aspects of Regulation E compliance and dispute resolution
- Develop and implement strategies to detect and prevent fraudulent claims
- Manage a team of analysts and investigators
- Stay current with regulatory changes and industry best practices
- Collaborate with other departments to improve fraud prevention measures
- Analyze data to identify trends and potential areas of risk
- Coach, mentor and develop staff, including overseeing new employee recruitment, on boarding, and retention of high performing colleagues
- Empower employees to take responsibility for their jobs and goals through goal setting, feedback, and performance development planning
- Report on department performance and fraud reduction metrics
Requirements
- Bachelor's degree in Finance, Business, or related field
- 5+ years of experience in banking compliance, with focus on Regulation E
- Strong knowledge of electronic funds transfer regulations and fraud prevention techniques
- Excellent analytical and problem-solving skills
- Leadership experience and ability to manage a team effectively
- Proficiency in data analysis and reporting tools
Preferred Qualifications
- Advanced degree or relevant certifications (e.g., CAMS, CFE)
- Experience with machine learning or AI-driven fraud detection systems
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