Community First Credit Union of FL
637 North Lee Street
Jacksonville, FL 32204
Reporting to the CFO, this position oversees all activities related to Fraud Prevention and BSA. Responsible for managing the BSA (Bank Secrecy Act) OFAC (Office of Foreign Asset Control) and USA Patriot Act compliance function. Coordinates the investigation of suspicious activity or fraud whether internal or external security violations, particularly analyzing possible trends or patterns. Instrumental in the execution of strategic plans related to these process.
Knowledgeable and proficient in all applicable laws and regulations associated with these duties. Responsible for the implementation of compliance procedures to ensure adequate risk management controls exits for all responsible areas. Serve as part of a cross-functional team, monitoring and measuring losses, interchange, rewards, to achieve profit optimization of the Debit Card product.
Oversees the daily operations of the Fraud Prevention/Compliance staff to ensure timely, efficient and effective prevention or detection of deposit, plastic card and fraud/forgery fraud. Evaluates Credit Union operations to identify risk areas for fraud. Responsible for establishing long-range objectives and specifying fraud mitigating strategies and actions to help reduce financial exposure to both the Credit Union and its members.
Oversees the credit union's compliance function with regard to the Bank Secrecy Act (BSA), USA Patriot Act and compliance with OFAC rules (Office of Foreign Asset Control).
Conducts internal and external investigations within guidelines of Federal and State laws, internal policies and procedures, involving appropriate authorities and credit union personnel. Will ensure all patterns and trends of suspicious activity are reviewed and investigated. Oversees fraud controls in a manner that doesn’t create significant member service disruption.
Serves as part of a cross-functional team, monitoring and measuring losses, interchange, rewards, to achieve profit optimization of the Debit Card product. Responsible for the oversight of Red Flags compliance and annual reporting. Coordinates robbery response plan with credit union staff and law enforcement agencies.
Education & Experience:
Bachelor's Degree in business or related subject area. Certified Fraud Examiner (CFE)
5+ years' experience in fraud operations, fraud data analytic and fraud strategy management
7+ years of leadership experience