Fraud Prevention & Risk Lead

CBI Bank & Trust; Moline (IL); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Paid Time Off

401(k) plan

Employee Assistance Program

Job summary

CBI Bank & Trust is seeking a Fraud Officer to lead fraud prevention, detection, investigation, reporting, and loss mitigation across deposit operations, digital banking, debit, ACH, wire, and other channels.

The role partners with Risk Management, BSA/AML, Compliance and IT to identify fraud trends, strengthen controls, support regulatory reporting, and protect customers and the bank.

Qualifications

• Bachelor’s or Associate’s degree in business, finance, accounting, criminal justice, information systems, or related field; five years of related experience or equivalent.
• Working knowledge of fraud, electronic fund transfers, SAR, OFAC, customer identification and privacy requirements.
• Ability to identify fraud red flags, analyze transaction activity, document findings, and communicate with management.

Responsibilities

• Leads fraud prevention, detection, investigation, reporting, and loss mitigation efforts across channels.
• Serves as primary contact for fraud matters across deposit operations, digital banking, and related channels.
• Reviews investigations by analyzing account activity, transaction patterns, and customer information.
• Coordinates customer fraud claims, dispute investigations, and required documentation.
• Prepares fraud reports, risk assessments, and control recommendations for management.

Skills

Fraud investigation

Attention to detail

Analytical skills

Communication skills

Time management

Discretion

Training

Collaboration

Education

Bachelor’s or Associate’s degree in business, finance, accounting, criminal justice, information systems, or related field

Tools

Core banking systems

Fraud monitoring tools

Case management systems

Online banking platforms

Microsoft Office

Spreadsheets

Reporting software

Job description

CBI Bank & Trust is seeking a Fraud Officer to lead fraud prevention, detection, investigation, reporting, and loss mitigation across deposit operations, digital banking, debit, ACH, wire, and other channels.

The role partners with Risk Management, BSA/AML, Compliance and IT to identify fraud trends, strengthen controls, support regulatory reporting, and protect customers and the bank.