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Fraud Risk Manager Jobs in Memphis, TN (NOW HIRING)

Managing multiple concurrent investigations, determining escalation paths, and supporting timely ... risk indicators, or policy non-compliance * Experience using Microsoft Excel, Microsoft Word, and ...

Monitor ACH activity for operational risk, fraud exposure, and compliance concerns. * Review and ... Partner with Treasury Management, Deposit Operations, Compliance, Fraud Management, and Commercial ...

... fraud risk. SUPERVISORY RESPONSIBILITIES Supervises employees in the absence of the Store Manager. Carries out supervisory responsibilities in accordance with the organization's policies and ...

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Fraud Risk Manager information

See Memphis, TN salary details

$53.5K

$116K

$176.8K

How much do fraud risk manager jobs pay per year?

As of Aug 5, 2026, the average yearly pay for fraud risk manager in Memphis, TN is $115,987.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,600.00 and $134,100.00 per year, depending on experience, location, and employer.

How does a fraud risk manager typically collaborate with other departments to mitigate risks?

Fraud Risk Managers work closely with multiple departments such as compliance, IT, internal audit, and customer service to identify, assess, and address potential fraud risks. They frequently coordinate with data analysts to monitor transactions for suspicious activity and partner with legal teams to ensure regulatory compliance. Regular cross-functional meetings and training sessions are common, allowing them to share insights, update protocols, and respond quickly to emerging threats. Effective communication and teamwork are essential, as fraud prevention is a collaborative effort across the organization.

What are the key skills and qualifications needed to thrive as a fraud risk manager?

To excel as a Fraud Risk Manager, you need expertise in fraud detection, risk assessment, and knowledge of financial regulations, often supported by a degree in finance, accounting, or a related field. Familiarity with data analytics tools, fraud management platforms, and certifications like CFE (Certified Fraud Examiner) are highly valuable. Strong analytical thinking, problem-solving, and effective communication skills help you collaborate across departments and respond swiftly to emerging threats. These skills and qualifications are vital for proactively identifying, mitigating, and preventing fraudulent activities that could harm an organization’s reputation and finances.

What is the difference between Fraud Risk Manager vs Fraud Analyst?

AspectFraud Risk ManagerFraud Analyst
CredentialsCertifications like CFE, CRCM; Bachelor's degree in finance, accounting, or related fieldSimilar certifications; Bachelor's degree often required
Work EnvironmentOversees fraud prevention strategies, manages teams, develops policiesConducts investigations, analyzes data, detects fraud patterns
Industry UsageUsed in banking, finance, insurance, and retail sectorsCommonly employed in similar industries for fraud detection

The Fraud Risk Manager focuses on developing and overseeing fraud prevention strategies, managing teams, and implementing policies. In contrast, the Fraud Analyst primarily conducts investigations, analyzes data, and detects fraudulent activities. Both roles require similar credentials and are vital in fraud prevention within financial and retail sectors, but they differ in scope and responsibilities.

What does a fraud risk manager do?

A Fraud Risk Manager is responsible for identifying, assessing, and mitigating the risk of fraud within an organization. They develop and implement policies, procedures, and controls to prevent and detect fraudulent activities. Their work often involves analyzing data for suspicious patterns, investigating incidents of fraud, and providing training to staff on fraud prevention. Ultimately, they help safeguard the organization's assets and reputation by minimizing the impact of fraudulent activities.
What cities near Memphis, TN are hiring for Fraud Risk Manager jobs? Cities near Memphis, TN with the most Fraud Risk Manager job openings:
Infographic showing various Fraud Risk Manager job openings in Memphis, TN as of July 2026, with employment types broken down into 1% As Needed, 80% Full Time, 16% Part Time, 1% Temporary, and 2% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $108,373 per year, or $52.1 per hour.

Fraud Protection Analyst

First Horizon Bank

Memphis, TN • On-site

Full-time

Medical, Dental, Vision, Retirement

This job post has expired 2 days ago. Applications are no longer accepted.


First Horizon Bank rating

8.3

Company rating: 8.3 out of 10

Based on 31 frontline employees who took The Breakroom Quiz

40th of 170 rated banks


Job description

No Sponsorship will be provided for this role. 

Location: On Site in Memphis, TN or Charlotte, NC

Weekly Schedule: Monday- Friday, 9am-6pm 

SUMMARY

At First Horizon Bank Operations, we are on a mission to deliver a seamless customer experience. We are passionate about doing things right and doing the right things. We collaborate with each other and with our internal business partners to delight our customers. We believe in creating an environment where everyone’s ideas are valued so that the team operates at its best. Our team members serve with humility and a deep commitment to their responsibility to be the best at serving their customers one opportunity at a time.

The primary role of this position is supporting the Director of Fraud Prevention ensuring the organization’s goals and objectives are achieved. As a result of the bank’s sophisticated risk rules, certain customer payments are outsorted and will require further review and authentication prior to completion. The Fraud Analyst must investigate outsorted items and follow required processes to complete this activity while meeting all payment and customer deadlines. Balancing customer expectations as well as fraud loss is a critical success factor of this role. Providing feedback to the Fraud Protection Services team on changing trends and effectiveness of the process given the changing attack vectors of the fraudsters requires an end-to-end understanding of the payments process. The Fraud Analyst will work with their leader to enhance automation to improve the experience for both employees and customers. This individual must demonstrate strong analytical, critical thinking, change management, and interpersonal skills to work with the Fraud Protection Services team while also possessing technical acumen and the ability to communicate across the organization.

Essential Duties and Responsibilities:

  • Develops and maintains skills required to correctly decision all outsorted exception payments before committed processing deadlines.
  • Constantly evaluates opportunities for process improvement.
  • Understands the importance of being knowledgeable/balanced in payments and customer satisfaction.
  • Given the speed of new fraud attack vectors, eagerness to learn and develop new skills to combat fraud.
  • Develop an understanding of the end-to-end flow within Fraud Protection Services to effectively communicate across the organization.
  • Ability to adjust as needed to maintain KPIs for various payment rails.
  • Evaluates risk factors when making critical transaction decisions.
  • Performs other duties as required.

Education and/or Work Experience Requirements:

  • Bachelor Degree required
  • Minimum of two years of fraud industry experience preferred.
  • Must be able to travel domestically as required, etc.

About Us 

First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.  

Benefit Highlights 

• Medical with wellness incentives, dental, and vision 

• HSA with company match 

• Maternity and parental leave 

• Tuition reimbursement 

• Mentor program 

• 401(k) with 6% match 

• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits 

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