Fraud Strategy & Tools Architect (Hybrid)

First Merchants Corporation; Michigan; Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Base Pay PLUS Bonuses

Medical, Dental and Vision Insurance

401k

Health Savings and Flexible Spending

Job summary

First Merchants Bank is seeking a Fraud Strategy & Tools Specialist to centralize and enhance the bank's fraud prevention and detection tools and technologies. The role will liaise between fraud operations, LOB teams, and external vendors, driving strategic enhancements and proactive improvements.

The position supports a hybrid work schedule within our footprint, focusing on tool optimization, trend analysis, and alignment of fraud capabilities with business goals and risk appetite.

Qualifications

• Bachelor's degree in business, finance, information systems, or related field.
• Minimum of three (3) years of experience in fraud prevention, risk management, or financial technology.
• Experience with fraud analytics using tools such as NICE/Actimize, Q2 Sentinel, FICO, Abrigo BAM+, Vertifi, TrueChecks or Alloy.

Responsibilities

• Tool Optimization & Oversight: attend vendor/user group meetings, monitor changes, assess impact on detection and prevention, and identify enhancement opportunities.
• Strategic Coordination & Documentation: understand fraud practices, coordinate with LOBs, document current state and decisions, research leading practices.
• Fraud Intelligence & Triage: identify fraud trends, support rapid response, provide recommendations for tuning detection systems.
• Proactive Engagement & Business Alignment: propose improvements, align tool usage with business goals, partner with internal stakeholders and vendors.

Skills

Analytical skills

Communication skills

Collaboration

Education

Bachelor's degree in business, finance, information systems, or related field

Tools

NICE/Actimize

Q2 Sentinel

FICO

Abrigo BAM+

Vertifi

TrueChecks

Alloy

Job description

First Merchants Bank is seeking a Fraud Strategy & Tools Specialist to centralize and enhance the bank's fraud prevention and detection tools and technologies. The role will liaise between fraud operations, LOB teams, and external vendors, driving strategic enhancements and proactive improvements.

The position supports a hybrid work schedule within our footprint, focusing on tool optimization, trend analysis, and alignment of fraud capabilities with business goals and risk appetite.