Director, Fraud Risk Management

Director, Fraud Risk Management

We are one of the largest independently owned banks in Texas with offerings in personal and private banking, wealth management, business banking and mortgage lending.

Position Overview

The Director, Fraud Risk Management is responsible for the strategic oversight, leadership, and execution of the Bank's fraud risk management framework. This role ensures that fraud risks are proactively identified, assessed, mitigated, and reported in alignment with regulatory expectations, business objectives, and enterprise risk management practices. The Director provides expert guidance on fraud risk strategies, leads the fraud prevention team, and ensures that fraud risk management capabilities evolve with industry trends, emerging threats, and technological advancements.

Essential Functions

• Lead the design, implementation, and continuous improvement of the Bank's fraud risk detection, prevention, and investigation framework, ensuring alignment with enterprise risk management (ERM) principles.
• Oversee fraud risk assessments across all lines of business, evaluating internal and external threats, control effectiveness, and residual risks.
• Manage, mentor, and develop the fraud prevention and investigation team to ensure timely and effective response to potential fraud incidents.
• Collaborate with senior leaders and business units to embed fraud risk management standards, promote accountability, and enhance risk culture across the organization.
• Coordinate with Internal Audit, Compliance, Legal, and other stakeholders to ensure alignment with the three lines of defense model.
• Provide timely and comprehensive reporting to senior management, risk committees, and the Board of Directors on fraud risk exposures, incidents, and emerging trends.
• Identify, recommend, and implement fraud risk management technologies, analytics, and automation tools to enhance detection and prevention capabilities.
• Monitor regulatory updates, industry best practices, and fraud schemes to refine policies, procedures, and risk frameworks.
• Lead investigations of significant or complex fraud cases, ensuring appropriate escalation, documentation, and resolution in compliance with regulatory requirements.
• Develop and deliver ongoing fraud awareness training for employees, managers, and executives, ensuring consistent understanding of responsibilities and reporting obligations.
• Represent the Bank in fraud-related industry associations, regulatory discussions, and community engagement efforts to share knowledge and maintain a strong external presence.
• Provide subject matter expertise on fraud risk considerations for new products, services, and technology initiatives to ensure controls are embedded from the outset.
• This position may require travel within the Bank's geographic area.

Experience & Education

Skills & Qualifications

Other Requirements

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This job description is not designed to be a comprehensive listing of duties, responsibilities, or activities that are required for this job. Duties, responsibilities, and activities may change at any time with or without notice. Broadway Bank is proud to be an Equal Opportunity Employer. Broadway Bank is a drug-free and tobacco-free workplace, with a nicotine-free hiring policy. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status. Member FDIC.