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TIAA Bank Fraud Operations Manager - Detection in Islandia, New York

Fraud Operations Manager

The Fraud Operations Manager leads a team of associates who participate in the intake, triage, risk and exposure analysis, detection, investigation, and control activities to mitigate the threat of external customer fraud. The Fraud Operations Manager may also directly participate in the review and disposition of activity in question. Activity may include but is not limited to access and authentication through various channels such as web and mobile applications, phone, and paper. Financial transaction activity is also a key point of risk coverage provided by the team and Manager.

Key Responsibilities and Duties

  • Manages a team of employees that triage, analyze, detect, and/or investigate alerts of potential external customer fraud, high risk transactions, alleged fraud claims, suspicious and unusual activity.

  • Ensures adherence to standard procedure and quality control processes.

  • Ensures adherence to Regulatory, Organizational, and Team SLA’s.

  • Implements and/or assists in developing action plans for detecting and responding to fraudulent activities against the organization.

  • Partners with key fraud stakeholders and business partners through project involvement, important topic presentations, and operational oversight.

  • Ensures the Fraud Detection SOP and Fraud Response SOP are appropriately documented and are compliant with Regulatory requirements meeting or exceed Industry best practices.

  • Escalates potential and confirmed fraudulent situations (as deem appropriate) to protect the company’s financial and operational situation.

  • Develops trending reports and key indicators used to serve as early warning of high risk and potentially fraudulent activity.

  • Continually monitors team operational performance through scorecards as well as associate 1:1’s to drive peak performance and consistency from all associates.

Qualifications

  • 5 Years Required; 7 Years Preferred

  • University (Degree), Preferred

FINRA Registrations

  • SRC Indicator: NRF

Physical Requirements

  • Physical Requirements: Sedentary Work

Preferred Education

  • University (Degree)

Career Level

8PL

Base Pay Range: $90,200/yr. - $150,400/yr.

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).


Company Overview

TIAA Bank, a division of TIAA, FSB, provides nationwide banking services to consumer and commercial clients through a variety of channels, including online and mobile applications, as well as its Florida-based financial centers.

TIAA has entered into a definitive agreement to sell TIAA Bank to new investors with extensive experience in financial services, as part of the company’s strategy to refocus on its core retirement business and Nuveen, the company’s asset manager. When the transaction is complete, in 2023, TIAA will retain a non-controlling stake in the bank, demonstrating the company’s confidence in the bank’s future success.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary (https://www.tiaa.org/public/pdf/benefits-at-a-glance.pdf) .

Equal Opportunity

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Read more about the Equal Opportunity Law here (https://www.dol.gov/general/topics/posters) .

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone: (800) 842-2755

Email: accessibility.support@tiaa.org

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here (https://www.tiaa.org/public/tiaa-nuveen-privacy) .

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) .

For Applicants of Nuveen residing in Europe and APAC, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) .

For Applicants of Greenwood residing in Brazil (English), click here (https://www.tiaa.org/public/support/privacy/applicants-greenwood-privacy) .

For Applicants of Greenwood residing in Brazil (Portuguese), click here (https://www.tiaa.org/public/support/privacy/applicants-greenwood-portuguese-privacy) .

For Applicants of Westchester residing in Brazil (English), click here (https://www.tiaa.org/public/support/privacy/applicants-westchester-privacy) .

For Applicants of Westchester residing in Brazil (Portuguese), click here (https://www.tiaa.org/public/support/privacy/applicants-westchester-portuguese-privacy) .

TIAA started out over 100 years ago to help ensure teachers could retire with dignity. Today, many people who work at not-for-profits rely on our wide range of financial products and services to support and strengthen their financial well-being.

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