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Senior Manager, Fraud Operations & Loss Prevention, Digital Banking at Forbright Bank – Remote

Forbright Bank
Remote
Posted on
NewSalary:$90000 - $100000Job Function:Executive/Management
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About This Position

Senior Manager, Fraud Operations & Loss Prevention, Digital Banking

COMPANY DESCRIPTION: Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for our clients and the communities we serve. Forbright is committed to exceptional client service by providing seamless, innovative personal banking services to depositors and creative financing solutions to visionary middle market businesses and investors in healthcare, technology, financial services, real estate, and other industries.
COMPANY CULTURE: We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back. We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful.
COMPANY MISSION: We are a mission-driven institution. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbrights capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a brighter future.

JOB SUMMARY: The Senior Manager, Fraud Operations & Loss Prevention, Digital Banking, is responsible for leading the daily operations of the Fraud Operations & Loss Prevention team within the Digital Banking Operations department. This position utilizes a combination of strategic thinking, analytical horsepower, people and process management expertise, and leadership skills to ensure the team is meeting the needs of our consumer clients and supporting internal team members. The goal of this position is to manage back-office Fraud Monitoring processes within the Digital Banking Team, improving processes, and supporting the implementation of new products, services, and tools.
DUTIES AND RESPONSIBILITIES:

    Ensure objectives and key results (OKRs) and all project targets are achieved through rigorous tracking, identification and communication of risks, and issue resolution

    Identify and understand the needed processes and service levels (SLAs) to create a low risk, high performing team

    Collaborate with Operations leadership and the Digital Banking technology and product teams to influence servicing effectiveness for our customers and employees

    Manage daily workflow within the Fraud Operations team ensuring service levels are met

    Continually adapt, react, and recommend best practices to on-going fraud trends

    Collaborate with Compliance and Risk Management teams to ensure processes meet regulatory requirements and industry standards and that process innovation and design is aligned with regulatory frameworks

    Support the implementation of new products and services as Digital Banking continues to grow and scale

  • Perform other duties as assigned
SUPERVISORY RESPONSIBILITIES:

    Supervise assigned employees by organizing and monitoring work progress

    Maintain staff by recruiting, selecting, orienting, and training employees

    Manage performance of employees through development, coaching, and counseling

QUALIFICATIONS:

    Bachelor's Degree required, preferably in Business Administration, Finance, or a related field

    Minimum of 7 years of Fraud Operations or Deposit Loss Prevention experience within financial services required

    Minimum of 7 years of experience managing a team required

    At least one professional accreditation in the payments or fraud field required (e.g., AAP, APRP, CAMS, CFE, or others)

    Ability to think strategically and analyze market research and customer feedback

    Strong project management skills

    Comfort (and preference for) white space and ambiguity

    Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)

    Excellent verbal, written, and interpersonal communication skills

    Strong organizational skills and attention to detail

    Outstanding problem-solving and time management skills

    Self-motivated, self-directed, and results-oriented

    Adaptable and able to multitask in a fast-paced environment

    Can work independently and within a team; solution-oriented with a collaborative approach

The pay range for this position is above. The specific rate will depend on the successful candidate’s qualifications and prior experience $90,000 (entry level qualifications) to $100,000 (highly experienced).
POSITION REQUIREMENTS: We are committed to creating an inclusive workplace where all employees are capable of performing their job position. Work is primarily conducted in an office setting while certain positions may allow for remote work through the use of technology at management discretion. The functions described below are representative of those to successfully perform duties of this job. Reasonable accommodations may be made to enable employees to perform the essential functions. While performing duties of this job, the employee may be regularly required for extended periods of time to:
Remain in a stationary position
Use hands and fingers
Utilize a computer monitor with visual acuity
Operate technology or other office machinery such as printers, scanners, etc.
Communicate clearly verbally and/or in writing with others

ADDITIONAL DUTIES: For Forbright Bank to remain efficient and nimble as a growing organization, team members are expected to exhibit a high level of flexibility regarding any duties that may be situationally assigned outside of this job description.

PERKS/BENEFITS:
Comprehensive health, dental, and vision plans
4 weeks PTO
401k + company match
Metro SmartTrip benefits ($50/mo)
Remote or hybrid work schedules for most positions
Incentives for purchasing solar panels, electric vehicles, biking to work, etc.
Paid subscriptions to Veterans Compost, Capital Bikeshare, Imperfect Foods reimbursement, and more!
Best Workplaces for Commuters 2023 & 2024 winner
The Washington Post Top Workplaces 2023, 2024, and 2025 winner
American Banker Best Banks to Work For 2023 winner

CORE PRINCIPLES:
Excellence: Excellence is not a goal, but a standard, reflected in the precision of our work and the quality of our decisions. Excellence is a discipline that compounds over time and creates lasting value; it must be measured and managed.
People: Our people are our greatest strength. We foster a culture of respect, inclusion, and ambition - where everyone matters. We celebrate collaboration and teamwork and prize loyalty - to one another, the company, our mission, and values.
Innovation: We invest boldly in technology, harnessing innovation not for its own sake but to make banking and lending better, faster, and smarter for our clients, more efficient for our team, and more profitable for our shareholders. By combining human insight with technological excellence, we strengthen our ability to serve, to adapt, and to succeed in a changing world. Innovation is a continuous investment in new ideas.
Sound Practices: Our foundation rests on prudence, care, integrity, and discipline. We manage credit and business risk with rigor and fundamentals-based judgment, act with transparency, and uphold the highest standards of corporate governance and regulatory compliance to ensure sustainable growth and enduring financial strength.
Distinct Value: We focus our energy where we add value. We avoid the commoditized and the ordinary, choosing to compete through insight, specialization, technology and service. By concentrating on areas where expertise matters and relationships endure, we create differentiation that is defensible and lasting.
Clients: We exist to advance our clients success and to help them grow. We listen deeply, think creatively, and deliver solutions that solve problems, drive impact and add value. Every client relationship is built on partnership, performance, and purpose.
Shareholders: We are committed to creating exceptional value for our shareholders. We invest for the long term and view our shareholders as partners not observers - in value creation. We allocate capital wisely, execute with precision, and continuously adapt our business model to pursue the most attractive, risk-adjusted returns. We work to make rational decisions, avoid unnecessary complexity, maintain strong liquidity and capital, and communicate with clarity and honesty. We measure success both by current performance and by the durability and quality of the long-term value we build.
Communities and the Environment: We believe prosperity and responsibility go hand in hand. We invest in inclusive opportunity and environmental stewardship. Our goal is simple - to do our part build a brighter, more sustainable future for the communities we serve and the world we share.

It is the policy of Forbright Bank to provide equal employment opportunities to all qualified individuals and to administer all aspects and conditions of pre-employment and employment without regard to protected characteristics.

Employment with Forbright Bank is at-will, which means that either you or the Company may terminate the relationship at any time.

By applying, you acknowledge that you have reviewed our CCPA Privacy Notice.

$90,000 - $100,000 a year

Job Location

Remote

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