ZipRecruiter

Log In

1

Fraud Department Manager Jobs (NOW HIRING)

Seacoast National Bank

NY · On-site

$60 - $80/hr

Provide end-to-end management of an ongoing, evolving caseload of fraud investigations and their ... Proactively identify, propose, and implement enhancements to department and Bank training ...

Towne Bank

Fraud Analyst I

Suffolk, VA · On-site

$52K - $65K/yr

This position is a part of the Fraud Management Department, a team that is integral to TowneBank's efforts in the fight against money laundering and fraud. The Fraud Department assists the Bank ...

hsfcu

Fraud Management Department Manager

Honolulu, HI · On-site

$97K - $127K/yr

... Department Manager. As the leader of Fraud Management, you understand how to mitigate, control and plan ahead on proactively prevent and handle fraud. You'll be the primary expert on how to stop ...

Bank & Investment Group

Fraud Analyst I

Suffolk, VA · On-site

$52K - $65K/yr

This position is a part of the Fraud Management Department, a team that is integral to TowneBank's efforts in the fight against money laundering and fraud. The Fraud Department assists the Bank ...

next page

Showing results 1-20

All JobsFraud Department JobsFraud Department Manager Jobs

Fraud Department Manager information

See salary details

$51K

$102.1K

$197.5K

How much do fraud department manager jobs pay per year?

As of Sep 11, 2026, the average yearly pay for fraud department manager in the United States is $102,091.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,000.00 and $144,500.00 per year, depending on experience, location, and employer.

How much do fraud department managers make in the US?

Fraud department managers in the US typically earn between $70,000 and $120,000 annually, depending on experience, industry, and location. They often oversee teams, analyze fraud patterns, and utilize fraud detection tools as part of their role.

What does a Fraud Department Manager do?

A Fraud Department Manager oversees the detection, investigation, and prevention of fraudulent activities within an organization. They develop policies, manage fraud analysts, and use tools like data analysis software to identify suspicious transactions, ensuring financial security and compliance with regulations.

What qualifications do I need to work in a fraud department manager role?

A fraud department manager typically needs a bachelor's degree in finance, accounting, or a related field, along with several years of experience in fraud detection, risk management, or compliance. Strong analytical skills, knowledge of fraud prevention tools, and certifications such as Certified Fraud Examiner (CFE) can enhance qualifications. Leadership abilities and familiarity with industry regulations are also important for this role.

What cities are hiring for Fraud Department Manager jobs?

Cities with the most Fraud Department Manager job openings:

What states have the most Fraud Department Manager jobs?

States with the most job openings for Fraud Department Manager jobs include:

What are popular job titles related to Fraud Department Manager jobs?

For Fraud Department Manager jobs, the most frequently searched job titles are:

Infographic showing various Fraud Department Manager job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 80% Physical, 2% Hybrid, and 18% Remote job distribution, with an average salary of $102,091 per year, or $49.1 per hour.

Manager, Fraud

Winston Salem, NC • On-site

Allegacy Federal Credit Union
Finance and Insurance • 201 - 500 employees
Learn more about Allegacy Federal Credit Unionexternal

Full-time

PTO

Re-posted 28 days ago

Allegacy Federal Credit Union rating

7.5

Company rating: 7.5 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

Job description

Role Accountability
At Allegacy, there's a common thread that runs through all of us. It's our commitment to doing right and our promise to members to always do the right thing for their wellbeing. Every employee in our organization is accountable for living out our brand in meaningful ways as our promise motivates our beliefs, our behaviors and the benefits we share together. In order to achieve this state of success, this position will be responsible for ensuring that fraud losses are kept to a minimum by overseeing timely alert review, case completion and appropriate actions to prevent, mitigate or recover fraud losses.
Nature and Scope
This leadership role within the Fraud Department reports to the Director of Account Management Services and is responsible for overseeing fraud prevention, detection and investigative operations. The Fraud Manager serves as a working leader, supervising the fraud team while also personally handling complex fraud cases, monitoring alert queues and ensuring timely and accurate case resolution. This position requires in-depth knowledge of fraud schemes, investigative practices and the systems that support fraud monitoring and reporting, including Verafin, Visa Risk Manager and other analytics platforms.
The Fraud Manager collaborates closely with BSA/AML, Compliance, Investigations, Operations, Card Services, IT and front-line teams to ensure accurate documentation, timely escalation and adherence to regulatory expectations. The role is heavily involved in system configuration, rule adjustments, optimization of alert workflows and staff training to ensure efficient and effective fraud operations. The Fraud Manager regularly interacts with internal stakeholders across all departments as well as external partners such as law enforcement, vendors, system specialists and fraud-prevention networks.
This position ensures the effective operation of the credit union's fraud-related processes, supports compliance with applicable regulations and contributes to the strategic goals of the AMS team by minimizing fraud risk and losses. Success in this role requires strong leadership, investigative expertise, analytical capability and the ability to drive continuous improvement while fostering a high-performance culture within the Fraud Department.
Specific Accountabilities
  • Deliver exceptional member service to every member, every time by ensuring employees deliver consistently high quality service to both internal and external members that is in alignment with our Brand Culture.
  • Ensure thorough understanding of expectations and consistently exhibit Allegacy shared values.
  • Provide daily leadership, coaching and performance management for the Fraud Team to ensure accurate, timely and high-quality fraud operations.
  • Monitor fraud alert queues, case aging and workload distribution to ensure timely review, investigation, escalation and closure.
  • Actively work complex fraud cases, alerts, disputes, and account reviews as a working manager, ensuring high investigative accuracy and sound decision-making.
  • Maintain expertise in fraud detection systems such as Verafin and Visa Risk Manager, including rule adjustments, system functionality, workflow optimization and staff training.
  • Conduct in-depth analysis of transactional activity, data trends and operational patterns to detect and prevent fraudulent activity before losses occur.
  • Prepare and deliver weekly, monthly, quarterly, and ad hoc fraud reports for AMS Leadership, Senior Management and the Board.
  • Develop, implement and maintain fraud policies, procedures, writing instructions and training documents to ensure consistent and compliant operations.
  • Lead ongoing improvement initiatives to strengthen fraud prevention practices, reduce operational gaps and enhance the member experience.
  • Coordinate with BSA/AML, Compliance, Risk Management, Operations, Card Services, IT and external partners to support investigations and effective risk mitigation.
  • Ensure accurate documentation of fraud cases, investigative steps, evidence and outcomes in accordance with audit and regulatory requirements.
  • Oversee PTO scheduling, training needs and staffing levels to maintain adequate departmental coverage and operational continuity.
  • Evaluate and recommend new fraud tools, system enhancements and technology solutions to increase detection accuracy and reduce losses.
  • Serve as the primary point of escalation for high-risk or complex fraud situations requiring advanced judgment or coordination with law enforcement or external partners.
  • Maintain strong working relationships with external vendors, fraud networks, law enforcement agencies and other credit unions or industry groups.
  • Perform other duties as assigned to support departmental needs and evolving fraud-prevention priorities.

Requirements
Knowledge, Skills and Abilities
  • Advanced knowledge of fraud prevention, detection and investigation practices within financial institutions
  • Strong understanding of fraud schemes, trends, regulations and industry best practices
  • In-depth knowledge of fraud monitoring and case management systems (e.g., Verafin, Visa Risk Manager)
  • Strong analytical skills with the ability to interpret complex data, identify patterns and apply critical thinking
  • Advanced communication skills.
  • Proficient computer skills, including fraud software, data analytics tools and core banking systems
  • Ability to manage multiple tasks, deadlines, alert queues and shifting priorities in a fast-paced environment
  • Advanced problem-solving abilities with sound judgment in high-risk decision-making situations
  • High personal integrity, professionalism and reliability when handling sensitive or confidential information
  • Strong interpersonal skills with the ability to listen, collaborate and respond effectively to internal and external partners
  • Eligibility to be bonded
  • Ability to create and implement strategies to reduce fraud risk and loss exposure
  • Ability to provide guidance, coaching and support to the Fraud Department and other operational areas
  • Proficiency in developing long-term fraud-prevention strategies aligned with organizational goals
  • Ability to manage and resolve critical fraud situations effectively and with urgency
  • Advanced skills in utilizing technology, analytics platforms and industry tools to enhance fraud detection and operational efficiency

Education and Experience
Bachelor's degree preferred, especially in finance, business, criminal justice, cybersecurity, risk management or a related field
Associate degree acceptable with 7+ years of relevant fraud, risk or financial-crime experience
Minimum of 5-7 years of hands-on fraud investigation, fraud operations or financial crimes experience in a financial institution
Minimum of 2-4 years of supervisory or team-lead experience, preferably within fraud, risk or investigations
Past experience in a credit union or other financial institution strongly preferred
Experience working with fraud detection systems such as Verafin, Visa Risk Manager, or similar
Experience in a customer-service-focused environment preferred
Experience collaborating with BSA/AML, Compliance, Risk Management or Law Enforcement preferred
Experience with legal processes related to fraud cases, subpoenas, affidavits, law enforcement coordination or recovery efforts is a plus
Professional certifications (e.g., CFE, CAMS, AFIP) are preferred but not required

What Allegacy Federal Credit Union employees say

Pay

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply