Security and Fraud Risk Manager
Eastern Bank - Wakefield, MA
Hiring: Security and Fraud Risk Manager Company: Eastern Bank Location: Wakefield, MA Job Posted Time: 2026-09-03 10:44:04 Target Skills & Keywords : C++, Microsoft Office, Regulatory Compliance, Risk Management About the job Experience: •7-10 years of progressive experience in corporate security, fraud risk management, operational risk management, enterprise risk management, financial crimes, compliance, or related disciplines. •Financial services industry experience preferred, including interaction with regulators, auditors, senior leadership, and governance committees. •Strong knowledge of fraud risk management, physical security, operational risk management, enterprise risk management, and governance frameworks. •Knowledge of applicable regulatory requirements, including the Bank Protection Act, Red Flags Rule, and financial crimes risk management practices. •Strong analytical, investigative, problem-solving, communication, and presentation skills. Required Skills: •Lead the Security and Fraud Risk Management second line of defense function and ensure compliance with applicable regulatory requirements, including the Bank Protection Act and Red Flags Program requirements. •Conduct and oversee fraud and security risk assessments, control effectiveness reviews, thematic reviews, and monitoring activities to identify, assess, and mitigate risks across the organization. •Provide independent oversight, review, and effective challenge of first line Physical Security, General Services/Facilities, Fraud Operations, and related business unit programs to assess the effectiveness of risk management processes and controls. •Monitor emerging fraud schemes, criminal activity, physical security threats, and industry trends; recommend enhancements to controls, processes, technologies, and governance frameworks to strengthen risk management capabilities. •Develop and deliver meaningful risk reporting, key risk indicators, and executive-level insights to senior management, risk committees, and other stakeholders. •Ensure physical security standards and related safety and security programs are operating effectively and aligned with regulatory requirements, corporate policies, and industry best practices. •Support internal audits, regulatory examinations, issue management activities, and remediation efforts; ensure findings are appropriately tracked, escalated, and resolved. •Leverage Archer and other governance, risk, and compliance tools to facilitate risk assessments, issue management, reporting, and second line oversight activities while promoting continuous improvement of security and fraud programs. Qualifications: •Bachelor's degree in Finance, Business Administration, Criminal Justice, Risk Management, Security Management, Cybersecurity, or a related field required. •Master’s degree preferred. •Professional certifications such as Certified Protection Professional (CPP), Physical Security Professional (PSP), Certified Fraud Examiner (CFE), Certified Regulatory Compliance Manager (CRCM), Certified Anti-Money Laundering Specialist (CAMS), Certified Information Systems Security Professional (CISSP), or equivalent preferred. Compensation: •$85,665 - $140,736 / year Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!