Financial Crimes Model Risk Manager - Emerging Threats

Associated Bank; Stevens Point (WI); On-site; USD 122,000 - 210,000; Full time

Benefits offered by this job

401(k) & Pension plans

Paid time off

Diversity-focused Colleague Resource-G

Career development opportunities

Job summary

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

Join a collaborative team to influence fraud prevention, drive measurable improvements, and support governance and regulatory compliance in a dynamic financial services environment.

Qualifications

• Bachelor’s degree or equivalent combination of education and experience.
• 7+ years in fraud detection or financial crimes, cybersecurity analytics, or related field.
• Experience with fraud detection systems, rules engines, risk-based decisioning platforms, and ML-based models.
• Knowledge of online fraud typologies, account takeover schemes, and credential-based attacks.
• Experience translating large data into fraud prevention strategies.

Responsibilities

• Monitor emerging fraud threats, technologies, and regulatory changes.
• Analyze fraud trends, digital activity, and behavioral patterns to identify risks.
• Design, test, deploy, and optimize fraud detection rules and decisioning strategies.
• Partner with Cybersecurity, Technology, and Fraud Operations teams to enhance detection.
• Evaluate detection performance and provide actionable insights to improve effectiveness.

Education

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

Tools

Fraud detection systems

Rules engines

Risk-based decisioning platforms

Machine learning models

Job description

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

Role Summary

Associated Bank is seeking an experienced Financial Crimes Model Risk Manager‑Emerging Threats to strengthen and advance our fraud prevention capabilities. In this role, you will identify emerging fraud threats, enhance detection strategies, and optimize controls that protect our customers and the bank. This is an opportunity to influence fraud prevention efforts, collaborate across teams, and drive measurable improvements in fraud detection performance.

Key Accountabilities

• 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.

Education & Experience

• Bachelor’s degree in Computer Science, Information Security, Data Analytics, Finance, or a related field, or an equivalent combination of education and experience.


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


• Experience with fraud detection systems, rules engines, risk‑based decisioning platforms, and machine learning‑based models.


• Strong understanding of online fraud typologies, account takeover schemes, and credential‑based attacks.


• Experience analyzing large datasets and translating findings into actionable fraud prevention strategies.

Preferred

• Professional certifications such as CFE, CAMS, GIAC, CISSP, or equivalent.


• Experience working within a regulated financial services environment.


• Knowledge of banking regulations and industry guidance, including BSA/AML, privacy requirements, and FFIEC standards.

Why You’ll Love Working Here

At Associated Bank, you'll have the opportunity to work on meaningful challenges that directly protect customers and strengthen the organization. We support continuous learning, career development, and collaboration across teams while fostering a culture where your ideas and expertise are valued.

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

Benefits

• Retirement savings including both 401(k) and Pension plans.


• Paid time off to volunteer in your community.


• Opportunities to connect with others through our diversity-focused Colleague Resource Groups.


• Competitive salaries with professional development and advancement opportunities.


• Bonus benefits including well‑being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.


• Personal banking, loan, investment and insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest.

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank’s anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact [e-mail] if you need an accommodation at any time during the process.

Associated Banc‑Corp participates in the E‑Verify Program. E‑Verify Notice English or Spanish. Know Your Right to Work English or Spanish.

Associated Bank is Pay Transparency compliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.

For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.

\$122,290.00 - \$209,640.00 per year