Fraud and Compliance Manager

Harvard FCU is one of the fastest growing credit unions in the country and a leader in our industry. As a not-for-profit cooperative, we put our members’ best interests first in all that we do. We are passionate about service and fanatical about solving problems. Integrity and transparency are the foundation of Harvard FCU’s philosophy. Our mission is to enhance our members’ lives by developing and offering trustworthy products that are easy to understand, easy to use and best suited to meet their financial needs.

The Fraud and Compliance Manager is responsible for developing, implementing, and overseeing the organization’s fraud and compliance programs to ensure the Harvard Federal Credit operates within regulatory guidelines and best practices. This position plays a critical part in safeguarding assets, protecting member data, and mitigating financial risks.

This position is responsible for developing and managing the Credit Union’s response to fraud and working with other departments and third-party compliance vendors to identify and mitigate fraud and compliance risks.

Responsibilities

Fraud Prevention & Investigation

• Monitor transactions and accounts for signs of fraudulent activity, investigating potential fraud cases.
• Develop and implement fraud detection tools, policies, and training programs.
• Coordinate fraud-related investigations and work with law enforcement, regulatory agencies, and internal teams.
• Oversee the dispute resolution process, ensuring timely and fair handling of fraud claims.
• Maintain up-to-date knowledge of emerging fraud trends and schemes affecting financial institutions.

Regulatory Compliance

• Ensure compliance with federal and state credit union regulations.
• Develop, implement, and maintain compliance programs to meet regulatory and internal policy requirements.
• Conduct compliance audits and prepare reports for senior management and regulatory agencies.
• Train employees on compliance-related policies, fraud prevention, and risk management.
• Serve as the primary contact for compliance reviews and internal audits.

Requirements/Skills Needed

• Bachelor’s degree or equivalent work experience required
• Minimum of 5 years’ relevant work experience

Additional Qualifications and Skills

The following qualifications are strongly preferred. If you meet some, but not all, you are still encouraged to apply; we value employees with a willingness to learn.

• Bachelor's degree in Finance, Accounting, Business Administration, or related field preferred.
• 5+ years of experience in fraud prevention, risk management, or compliance within the financial industry required.
• 3+ years of supervisory experience preferred.
• Experience working in a credit union or banking environment preferred
• Strong knowledge of financial fraud schemes and regulatory compliance frameworks.
• Proficiency in financial crime detection tools, risk assessment methodologies, and compliance software.
• Ability to analyze data and identify trends related to fraud and risk exposure.
• Strong leadership, problem-solving, and decision-making skills.
• Excellent written and verbal communication, with the ability to train and educate staff on compliance matters.
• High ethical standards and attention to detail.

Certificates and Licenses

Preferred (but not required) certifications include:

• Certified Fraud Examiner (CFE)
• Certified Anti-Money Laundering Specialist (CAMS)
• Certified Regulatory Compliance Manager (CRCM)
• Risk Management Certification (e.g., CRMP)

How to Apply

Click here to visit the Harvard FCU website to apply apply