Manager, Financial Fraud/Loss Prevention

Space Coast Credit Union (SCCU), the 3rd largest state charted credit union in Florida, is looking for Manager, Loss Prevention (Financial Fraud) to join our ONESCCU team in either the Miramar Operations Center or Melbourne Headquarters! SCCU has been in business for over 70 years, has over 8 billion dollars in assets and WE ARE GROWING!

Our Members are our top priority and we stand behind our Brand Promise: Honest People, Trusted Products, Time Valued. We offer a rich benefits package and career advancement opportunities.

SCCU Team Member Benefits:

• ONESCCU annual bonus available!
• Hybrid Work From Home Schedule - Work from home up to 3 days a week!
• Medical, Dental, & Vision Insurance
• HSA (Health Savings Account) with SCCU matching contribution
• SCCU Paid Long Term and Short Term Disability coverage
• SCCU Paid Term Life Insurance
• Employee Assistance Program (EAP)
• Paid Time Off
• 401(K) Pre-Tax Savings Plan with SCCU match- 100% of the first 5% of employee contributions
• Tuition Reimbursement Program

SCCU Team Member financial discounts & perks (save money every month!):

• Loan Discounts - Mortgage, 2nd Mortgage, Auto, Motorcycle, Boat etc. / GAP coverage at half price
• Fixed low rate credit card- 5.99%, if approved
• FREE Identify Theft Protection!
• No fee SCCU accounts

Purpose: 

Lead SCCU’s Loss Prevention team by safe guarding member assets and minimize deposit and loan loss to the Credit Union through effective prevention, early detection, efficient investigation, and compliant reporting.

Manager of Loss Prevention Responsibilities:

• Ensures timely, efficient, and effective prevention or detection of deposit and loan fraud.
• Ensures timely disclosure of detected financial fraud to Management and Legal Counsel.  Minimizing financial and reputational risk to the Credit Union; ensures appropriate escalation as necessary.
• Leads and develops a team of Loss Prevention Associates ensuring effective measures and monitoring are in place to protect member assets, reduce Credit Union losses, and comply with all regulations.
• Works effectively with government agencies such as the Secret Service, FBI, IRS, and community law enforcement agencies in SCCU markets. Ensures that team members partner effectively with agencies in the prevention of fraud and in the research and follow up of fraudulent activity. 
• Prepares accurate and timely periodic and ad-hoc reporting for Management and the Board on Loss Prevention activities.
• Recommends and implements changes to processes which maintain compliance and streamline workflows utilizing automation whenever possible.
• Updates policy and procedures as necessary and communicates changes effectively. Ensures consistency at all times between documented procedures and actual processing.

Manager of Loss Prevention Minimum Qualifications:       

Education and Training:

• Bachelor’s Degree or equivalent work experience required,

• Additional course work, CFCS, ABA, or other financial crime certifications, are required.   

  • Degree or certifications may be substituted for equivalent work experience.

• CFCS, ABA, or other equivalent financial crime certifications will be required within one year of date in position.

Prior Experience: 

• 5 -8 years leadership/managing subordinates is required.  Similar financial institution leadership preferred.  

• 5 - 8 years prior experience in a financial institution, including prior leadership experience.  Fraud prevention/detection/investigation and compliance responsibilities required.

Other Preferred Special Skills and Abilities:

Knowledge and understanding of deposit and loan fraud detection systems and processes.

Knowledge of deposit and loan operations, systems and processes.

Ability to effectively present information and respond to questions from groups of managers, clients, customers (members), and the general public.

Ability to define problems, collect data, establish facts, analyze statistical data and draw valid conclusions.

Ability to create meaningful management reporting.

Demonstrated project management skills.