Emerging Threats: Financial Crimes Risk Manager

Associated Bank; Chicago (IL); On-site; USD 122,000 - 210,000; Full time

Job summary

Associated Bank is seeking an experienced Financial Crimes Model Risk Manager—Emerging Threats to strengthen and advance our fraud prevention capabilities. You will identify emerging fraud threats, enhance detection strategies, and optimize controls protecting customers and the bank.

The role offers opportunities to influence fraud prevention, collaborate across teams, and drive measurable improvements in detection performance.

Qualifications

• Bachelor’s degree in Computer Science, Information Security, Data Analytics, Finance, or related field or equivalent experience.
• 7+ years of experience in fraud detection, financial crimes, cybersecurity analytics, or related field.
• Experience with fraud detection systems, rules engines, risk-based decisioning platforms, and ML-based models.

Responsibilities

• Monitor emerging fraud threats, technologies, and regulatory changes to maintain effective detection strategies.
• Analyze fraud trends, digital activity, and behavioral patterns to identify risks and control gaps.
• Design, test, deploy, and optimize fraud detection rules and decisioning strategies across platforms.
• Partner with Cybersecurity, Technology, and Fraud Operations teams to enhance detection capabilities and data quality.
• Evaluate detection performance metrics and provide actionable insights to improve effectiveness and customer experience.
• Drive continuous improvements that increase fraud capture rates and reduce false positives and false negatives.
• Maintain governance documentation, audit-ready records, and change management processes.
• Support regulatory examinations and ensure compliance with applicable banking and fraud prevention standards.

Skills

fraud detection

machine learning

risk-based decisioning

data analytics

cybersecurity analytics

Education

Bachelor’s degree in Computer Science, Information Security, Data Analytics, Finance, or an related field

7+ years of experience in fraud detection, financial crimes, cybersecurity analytics, or a related field

Tools

fraud detection systems

rules engines

risk-based decisioning platforms

machine learning-based models

Job description

Associated Bank is seeking an experienced Financial Crimes Model Risk Manager—Emerging Threats to strengthen and advance our fraud prevention capabilities. You will identify emerging fraud threats, enhance detection strategies, and optimize controls protecting customers and the bank.

The role offers opportunities to influence fraud prevention, collaborate across teams, and drive measurable improvements in detection performance.