Fraud Investigation Officer investigates fraudulent/illegal activities perpetrated by customers or employees. Designs and implements programs to prevent such activities and to recover any incurred losses. Being a Fraud Investigation Officer works with local, state and federal authorities with matters relating to fraudulent/illegal activities. Require a bachelor's degree. Additionally, Fraud Investigation Officer typically reports to a manager. To be a Fraud Investigation Officer typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. (Copyright 2024 Salary.com)
This position works closely with first line business units, second line Enterprise Risk Management colleagues and external contacts (e.g., third parties) as a thought leader in the maturation of Rockland Trust’s second line of defense Fraud Risk Management and Identity Theft Red Flag Programs. The Fraud Risk Management Officer works with all levels of the organization and assists the Director of Operational Risk and the first line of defense in the identification, assessment and mitigation of fraud and identity theft red flag risks, including the evaluation of associated controls and metrics, in order to assess the Bank’s ability to manage fraud and identity theft risk to within risk appetite. Results will be documented in the Archer Governance, Risk and Compliance (GRC) system.