Fraud Manager - Business Analyst-Cincinnati at Fifththird
Cincinnati, Ohio, United States — internship
Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Responsible for the continued development and implementation of the Bancorp's Enterprise Fraud Programs and oversight of the related fraud functions across assigned Line of Business or Operational areas, including ensuring compliance with federal Laws and regulations and industry standards. Fraud Managers are responsible for acting as subject matter experts on fraud by providing strategic leadership regarding the Bancorp's fraud programs. Incumbents are tasked with being involved in creating an operational strategy to enable products and processes that put the Bank’s clients first while being aware of the risks surrounding our product offerings and the regulatory requirements alongside Line of Business partnerships. Fraud Managers are responsible for analyzing current and emerging threat trends and proposing and implementing recommendations or system solutions to mitigate identified risks. This position is also responsible for team member development and employee engagement. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. ESSENTIAL DUTIES & RESPONSIBILITIES: Develop and oversee the strategic aspects of the fraud programs. Responsible for the management and oversight of federal laws and regulations. Act as the Subject Matter Expert for Line of Business (LOB) partners and customers as it relates to fraud. Act as a leader across the Fraud org anization; lead and support cross-functional teams. Serve as a contact with bank regulators (developing and maintaining relationships, facilitating discussions, demonstrating strategic leadership regarding the program and future initiatives, etc.). Develop and maintain relationships between Fraud and associated LOB leaders to ensure the implementation of effective programs across the Bancorp. Actively promote a solution-oriented environment throughout the department. Provide subject matter expertise and sponsorship for LOB and Bancorp projects, processes, and products. Work with LOBs to identify policy and procedural enhancements in reference to new products and new initiatives, working with the teams to ensure proper assessment of the risk, the planning of controls and the adequate execution of those controls. Maintain networks with industry working groups dedicated to bank fraud control practices to benchmark and share emerging threads and associated best practices. Maintain awareness of company goals, regula