Fraud Risk Management and Operations Manager

Pathward, N.A.; Sioux Falls (SD); Hybrid; USD 72,000 - 120,000; Full time

Job summary

Pathward, N.A. is recruiting a Fraud Risk Management and Operations Manager to oversee Level 1 alert monitoring and Level 2 case investigations across products and channels.

The role ensures compliant detection, investigation, escalation, and resolution of fraud activity in alignment with regulatory requirements. You will lead a team, set quality standards, coordinate with Risk, Compliance, and Product teams, and drive automation and efficiency improvements in incident workflows.

Qualifications

• Bachelor's degree or equivalent education and work experience.
• CAMS, CFE, or other fraud/financial crimes certification preferred.
• Typically 5+ years with bachelor's or equivalent.
• Experience in fraud operations, including alert review, case investigation, and fraud typology analysis.
• Operates within established guidelines; decisions require validation for non-standard fraud scenarios or high-risk escalations.

Responsibilities

• Support development, implementation, and maintenance of fraud detection and investigation procedures.
• Manage Level 1 alert review, Level 2 case investigation, escalation and resolution.
• Establish quality standards, productivity, and SLAs for alerts and cases.
• Oversee components of the BSA/AML program, including SAR thresholds.
• Collaborate with Risk, Compliance, Product, and Operations to enhance fraud detection strategies.
• Participate in risk assessments across products, channels and customer segments.

Skills

Fraud operations

Alert review

Case investigation

BSA/AML familiarity

Leadership

Cross-functional collaboration

Education

Bachelor's degree or equivalent

Tools

Fraud detection tools

SAR reporting systems

Data analytics software

Job description

Fraud Risk Management and Operations Manager

Remote

We are a hybrid, remote-office company dedicated to growing our talent anywhere!

We have onsite locations in: Sioux Falls, SD, Scottsdale, AZ, Louisville, KY, Troy, MI, Franklin, TN, Easton, PA.

At Pathward, we take tremendous pride in our purpose to create financial inclusion for all™.We area financial empowerment company that works with innovators to increase financial availability, choice, and opportunity for all. We strive to remove barriers that traditional institutions put in the way of financial access, and promote economic mobility by providing responsible, secure, high quality financial products.

We are a team of problem solvers and innovators who celebrate our differences and know that our unique perspectives make us stronger and well‑positioned for success. We celebrate, and embrace, our team members through our*HUMBLE*HUNGRY*SMARTapproach, and we believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.

About the Role:

Responsible for supporting and enhancing the organization's Fraud Risk Management and Operations program, with primary oversight of fraud alert monitoring (Level 1) and fraud case investigations (Level 2). Ensures effective detection, investigation, escalation, and resolution of fraud‑related activity across products and channels, while maintaining alignment with applicable regulatory requirements, including BSA/AML where applicable.

What You Will Do:

• Support the development, implementation, and maintenance of comprehensive fraud detection, alert management, and investigation procedures and controls.
• Manage and oversee team responsible for:
  • Level 1: Fraud alert review, triage, and disposition
  • Level 2: Fraud case investigation, escalation, and resolution
• Establish and monitor quality standards, productivity expectations, and SLAs for alert handling and case investigations.
• Assist in overseeing applicable components of the BSA/AML program, including suspicious activity identification and escalation, when fraud activity meets SAR reporting thresholds.
• Partner with cross‑functional teams (e.g., Risk, Compliance, Product, Operations) to enhance fraud detection strategies, rules, and controls.
• Participate in risk assessments to identify and evaluate fraud risks across products, channels, customer segments, and emerging typologies.
• Collaborate with senior leadership to develop and execute strategic initiatives that enhance fraud detection effectiveness, investigative quality, and operational efficiency.
• Drive continuous improvement in alert‑to‑case workflows, including automation, documentation standards, and escalation protocols.
• Other duties as assigned.

What You Will Need:

• Bachelor's degree or equivalent education and work experience.
• CAMS, CFE, or other fraud/financial crimes certification preferred.
• Typically 5+ years with bachelor's or equivalent.
• Experience in fraud operations, including alert review, case investigation, and fraud typology analysis.
• Focuses on performance within fraud operations, including alert accuracy, investigative quality, and timeliness.
• Operates within established guidelines; decisions require validation for non‑standard fraud scenarios or high‑risk escalations.
• Addresses routine operational issues (e.g., alert queues, case backlogs) with known solutions; escalates ambiguous or novel fraud patterns.Directs daily work of individual contributors with emphasis on alert disposition accuracy, investigative completeness, and documentation standards.
• Engages primarily with internal stakeholders, with growing interaction across Risk, Compliance, and Product teams for fraud‑related initiatives.
• Executes established processes; provides frontline feedback to improve fraud detection rules, workflows, and investigative procedures.

The responsibilities listed above are not all inclusive and may be changed at any time.

Salary range: $72,000 – $120,000

The salary range reflects the minimum and maximum target for a new hire in this role. Individual pay within the range will be determined by multiple factors which can include but are not limited to a candidate’s experience, qualifications, skills, and location. Your recruiter can share more about the specific salary for your location during the hiring process. Ranges may be modified in the future. This role is also eligible for an annual performance‑based incentive opportunity. Pathward offers a comprehensive benefits package for eligible employees, including health insurance, 401(k) retirement benefits, life insurance, disability benefits, paid time off, and more.

Who we are:

Our commitment to inclusion is woven into our DNA. We believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.

We provide equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, ethnicity, religion, sex, sexual orientation, gender identity, transgender status, pregnancy, national origin, age (age 40 and over), disability, genetic information, marital status, hair texture or hairstyle, ancestry, service in the uniformed services, protected veteran status, status as a victim of domestic violence or any other class protected by federal, state and local laws.

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For government reporting purposes, we ask candidates to respond to the below self‑identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in Pathward, N.A.’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

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A "recently separated veteran" means any veteran during the three‑year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

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