SunTrust Banks Head of Fraud Risk Management - Fraud Risk Officer (Atlanta, GA) in Atlanta, Georgia
Req ID: W453711
Major Responsibilities: Responsible for developing, updating, and maintaining the fraud risk management program framework, policy, standards and methodology, updating on a periodic basis in line with the changing threat environment and risk profile.
Develop strategy for analyzing enterprise-wide fraud risks, with an emphasis on thematic reviews, trend identification and emerging risks.
Establish the necessary fraud program policies and associated standards so that aggregate risks within the bank are effectively identified, measured, monitored and controlled consistent with the bank’s risk appetite.
Provide ongoing independent review and challenge for Business Segments and Functions’ fraud risk activities and compliance with the Fraud Risk Program.
Facilitate enterprise-wide Fraud Risk Oversight Committee and working group(s) of key stakeholders that meets regularly to discuss fraud risks and mitigation measures.
Define fraud program enterprise-wide risk appetite, including the establishment of metrics and tolerance limits.
Define requirements for execution of risk assessments by the Business Segments and Functions.
Define risk and control taxonomy.
Perform Enterprise-wide aggregate fraud risk assessment.
Perform on going monitoring of fraud key risk metrics.
Work with the Business Segments and Functions for key risk metric identification and reporting.
Provide aggregate enterprise-wide fraud reporting for management and the applicable risk committees.
Ensure material fraud risks and events are escalated to management and relevant committees.
Work closely with Industry associations to stay abreast of evolving risk/threats and industry practices.
Work with Enterprise Compliance and Legal teams to identify fraud related legal and regulatory requirements.
Serve as a main point of contact/coordinator for bank-wide fraud exams. Responsible for directly supervising staff, including interviewing, hiring staff and the termination of staff; recommending salary changes, job promotions; setting work hours, conducting counseling /performance reviews, and planning of the staff ‘s work.
Periodic travel required. Qualifications
Qualifications: Typically requires 10 years direct work experience in fraud management/risk management in the financial industry.
5 years of management/supervisory experience.
Requires extensive knowledge of fraud management operations from both process and technology perspectives.
Excellent skills in fraud/risk assessment analysis, identifying fraud trends and signs of changing risk levels.
BA or BS degree preferred.
CFE or other certification a plus.
Ability to build collaborative and productive working relationships, consensus and a sphere of influence with business teams and others across all functions.
Team player who can excel in a fast paced, challenging environment with a strong desire to continuously improve and learn new things.
Excellent communications skills, both oral and written with experience presenting to senior level management.
Demonstrated ability to motivate and engage employees, builds teams, identify and develop talent.
Experience interfacing with banking/financial services industry regulators.
*The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
Equal Opportunity Employer: SunTrust supports a diverse workforce and is a Drug Testing and Equal Opportunity Employer. SunTrust does not discriminate against individuals on the basis of race, creed, color, gender, religion, national originTo review the EEO Poster, copy and paste the following link into your browser: http://www1.eeoc.gov/employers/upload/eeocselfprintposter.pdf http://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA_508c.pdf
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