Bravera is hiring for a Fraud Risk Manager for any Bravera location. Bismarck,
ND or Fargo, ND preferred. Bravera is an employee- and director-owned company
that is committed to helping our employees forge a new path in their career. We
work together to drive continuous improvement which enhances the customers
experience and keeps our organization moving forward.
This position is responsible for designing, implementing, and overseeing the
bank’s comprehensive fraud prevention, detection, and response programs. This
role monitors transactional activity across all channels (ACH, Wire, Check,
Credit Card, and Digital Banking) to protect the bank and its customers from
financial loss. The Fraud Risk Manager investigates complex fraudulent schemes,
ensures compliance with federal and state regulations, and collaborates with law
enforcement and internal partners to mitigate emerging risks.
MEASURES OF SUCCESS
1. Minimize Fraud losses incurred by Bravera and customers.
2. Bring continuous awareness of emerging fraud risk trends to Bravera and
customers.
DUTIES AND RESPONSIBILITIES:
Program Management & Oversight
Develop, maintain, and update the bank's fraud risk assessment, procedures,
internal controls, and processes to align with regulatory expectations and
industry best practices.
Identify fraud risks in new and existing products, digital channels, and
operational processes.
Oversee and optimize the bank's fraud detection software systems (e.g.,
Verafin, FCD), ensuring rules and scenarios are calibrated effectively to
minimize false positives while identifying and preventing true fraud.
Participate in due diligence, onboarding, and ongoing monitoring of fintech
and embedded banking relationships to ensure appropriate fraud prevention and
detection controls are in place.
Earn and maintain the respect and trust of our people. Display honesty,
integrity, and morality.
Responsible for promoting a positive and collaborative environment that
supports teamwork and excellent service throughout the organization and to
our customers.
Contribute to the overall success of the organization by leveraging
opportunities as they relate to all entities of Bravera.
Maintain a high level of confidentiality and professionalism regarding all
employee and customer issues and information.
The employee will adhere to all banking rules and regulations, including but
not limited to the requirements of the Bank Secrecy Act. In addition, the
employee will be proactive in the prevention of illegal activities, will
vigilantly look for activities that may constitute any type of fraud
including money laundering, and will report any suspicious activity to the
BSA Officer.
Detection & Investigation
Lead investigations into complex fraud cases, including identity theft,
account takeover (ATO), business email compromise (BEC), vendor email
compromise (VEC), loan fraud, elder financial abuse, and internal/employee
fraud.
Act swiftly to restrict compromised accounts, place holds, initiate wire/ACH
recalls, and coordinate with peer financial institutions to recover stolen
funds.
Maintain meticulous investigative files, documenting evidence, video
retention, loss calculations, and root-cause analyses.
Oversee fraud detection, monitoring, and investigation activities.
Analyze deposit account, loan, ACH, wire transfer, check, remote deposit
capture, and online banking activity for potential fraud.
Identify fraud patterns and recommend improvements to monitoring procedures.
Assist with recovery efforts and restitution opportunities when fraud losses
occur.
Compliance & Reporting
Draft and file Suspicious Activity Reports (SARs) related to fraud within
mandatory regulatory timeframes, ensuring strict adherence to FinCEN
guidelines.
Prepare regular fraud trend reports, loss metrics, and mitigation strategies
to the Enterprise Risk Management Committee, Audit & Risk Committee, Board of
Directors, and various areas of management as needed.
Support internal audits, external audits, and regulatory examinations.
Provide documentation and reporting requested by examiners and auditors.
Collaboration & Training
Serve as a point of contact for local, state, and federal law enforcement
agencies and preparing documentation when subpoenaed.
Design and deliver ongoing fraud awareness training for frontline staff, loan
officers, and back-office teams to improve early detection.
Partner with Marketing and Digital Banking to develop educational materials
helping retail and commercial/ag customers protect themselves against fraud.
Work closely with Operations, Information Security, Retail Banking, Lending,
Compliance, and BSA personnel.
Coordinate Fraud training to all staff members across the organization and
Fraud Department training to expand knowledge based on recent fraud emerging
risks and trends impacting Bravera.
ADDITIONAL RESPONSIBILITIES & COMMITTEES:
Participate in Fraud Focus Group
Participate in Action Teams and Committees as assigned.
SUPERVISORY RESPONSIBLITIES:
Fraud Specialist Lead
Fraud Specialist staff
QUALIFICATIONS (KNOWLEDGE, SKILLS AND ABILITIES):
Education & Experience
Education: Bachelor’s degree in Criminal Justice, Finance, Business
Administration, or a related field (equivalent experience may be considered).
Experience: Minimum of 5–7 years of banking experience, with at least 3–5
years directly in financial fraud investigation or fraud risk management at a
community or regional bank.
CERTIFICATIONS (Highly Preferred)
CFE (Certified Fraud Examiner)
CAFP (Certified AML and Fraud Professional)
CAMS (Certified Anti-Money Laundering Specialist)
LOCATION: Any Bravera location. Bismarck, ND or Fargo, ND preferred.
Benefits
To support this, we provide a competitive and rewarding compensation package
which includes a competitive salary, incentive compensation opportunities,
retirement plan with company match, health insurance, paid holidays, paid time
off (PTO), paid community volunteer time and stock opportunities. As a learning
organization, we are committed to investing in the growth and development of our
team members, offering training opportunities and tuition reimbursement. If
salary information is included, it is industry information and not specific to
Bravera.
Our Values
Give and earn trust. We support and empower one another to earn trust through
accountable performance.
Learn, teach and mentor. We are a learning organization that invests in
growth and development.
Collaborate and innovate. We work together to drive continuous improvement to
enhance your experience.
Want to learn more about careers with Bravera? Go to bravera.bank/careers.
#ForgeYourPath with us! Find us on Facebook
[https://www.facebook.com/BraveraBank], Instagram
[https://www.instagram.com/braverabank/], X [https://twitter.com/braverabank],
LinkedIn [https://www.linkedin.com/company/15200668/admin/], Youtube
[https://www.youtube.com/channel/UCbUKQYoqSDaUcd1Cd0tlwWQ], and Tik Tok.
[https://www.tiktok.com/@braverabank]
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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
The contractor will not discharge or in any other manner discriminate against
employees or applicants because they have inquired about, discussed or disclosed
their own pay or the pay of another employee or applicant. However, employees
who have access to the compensation information of other employees or applicants
as a part of their essential job functions cannot disclose the pay of other
employees or applicants to individuals who do not otherwise have access to
compensation information, unless the disclosure is (a) in response to a formal
complaint or charge, (b) in furtherance of an investigation, proceeding, hearing
or action, including an investigation conducted by the employer or (c)
consistent with the contractor’s legal duty to furnish information. 41 CFR
60-1.35(c).