Fraud Risk Management and Operations Manager

Pathward; United States; Hybrid; USD 72,000 - 120,000; Full time

Benefits offered by this job

Health insurance

401(k) retirement benefits

Paid time off

Job summary

Pathward is a hybrid, remote-office company seeking a seasoned Fraud Risk Management professional to support and enhance our organization’s program. You will oversee Level 1 alert monitoring and Level 2 case investigations across products and channels, ensuring detection, escalation, and regulatory alignment including BSA/AML where applicable.

Collaborate with Risk, Compliance, Product, and Operations to improve detection strategies, automation, and investigative quality.

Qualifications

• Bachelor's degree or equivalent education and work experience.
• 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.

Responsibilities

• Develop and maintain fraud detection procedures and controls.
• Manage Level 1 alert review and Level 2 case investigations.
• Set quality standards, productivity expectations, and SLAs for alert handling.
• Oversee BSA/AML components, including SAR escalation when applicable.
• Collaborate with Risk, Compliance, Product, and Operations to enhance detection strategies.

Skills

Fraud operations

Alert review

Case investigation

Fraud analytics

Team leadership

Education

Bachelor's degree

CAMS or CFE certification preferred

Job description

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 are a 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 strong *HUMBLE*HUNGRY*SMART approach, 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

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

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.

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.

Knowingly submitting false information will result in disqualification for consideration of future positions, termination of employment and forfeiture of other rights.

Pathward is strong em an equal employment opportunity employer and considers candidates for roles without regard strong em to their race, sex, national origin, ethnicity, age, disability or any other category protected by strong em law.