Fraud Risk Manager

At First Horizon, we are committed to protecting our clients and our business from the ever-growing threat of fraud. That's why we are seeking a highly skilled and dedicated Fraud Risk Manager to join our team. As the Fraud Risk Manager, you will play a critical role in identifying, assessing, and mitigating potential fraud risks within our organization. This is an exciting opportunity for a detail-oriented, analytical, and proactive individual who thrives in a fast-paced and dynamic environment. If you have a passion for protecting others and have a strong background in fraud risk management, we encourage you to apply for this important position.

1. Develop and implement strategies to identify, assess, and mitigate potential fraud risks within the organization.
2. Conduct ongoing risk assessments to identify areas of vulnerability and recommend appropriate risk management tactics.
3. Monitor and analyze fraud trends and patterns to proactively identify potential threats.
4. Collaborate with cross-functional teams, including IT, legal, and compliance, to ensure fraud prevention measures are integrated into business processes and systems.
5. Conduct investigations into suspected fraud incidents, gather evidence, and provide recommendations for resolution.
6. Develop and maintain fraud prevention policies, procedures, and training programs to ensure compliance with industry regulations and best practices.
7. Stay updated on the latest fraud prevention techniques and technologies and make recommendations for their implementation.
8. Communicate and collaborate with external partners, such as law enforcement and regulatory agencies, on fraud-related matters.
9. Lead and manage a team of fraud risk analysts, providing guidance and support as needed.
10. Prepare and present reports to senior management on fraud risk assessment findings, mitigation strategies, and overall program effectiveness.
11. Identify and implement process improvements to enhance fraud detection and prevention.
12. Stay informed on industry developments and changes in fraud trends and adjust strategies and tactics accordingly.
13. Foster a culture of fraud awareness and prevention within the organization through communication and training initiatives.

According to JobzMall, the average salary range for a Fraud Risk Manager in Memphis, TN, USA is $78,000 - $120,000 per year. This range can vary depending on the specific company, experience level, and qualifications of the individual. Some factors that may affect the salary include the size and industry of the company, as well as the demand for fraud risk managers in the local job market.

First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee.