Fraud Program Management Ongoing Support

Fraud Risk Management Ongoing Program Support

Our Co-Sourced Fraud Program Support service is designed for banks and credit unions that require continuous oversight and enhancement of their fraud risk management program without expanding permanent headcount.

We operate as an extension of your internal fraud, risk, or compliance function, providing ongoing expertise, program support, and operational capacity—while the institution retains full ownership, governance, and accountability for fraud risk management decisions.

Our co-sourced fraud support is aligned with FFIEC and interagency guidance and is designed to supplement internal resources while preserving management and board accountability. Services support a risk-based approach to fraud prevention, detection, response, and ongoing monitoring across products and services.

Advisory Support (Co-Sourced Advisory Retainer)

Best for: Institutions with an established fraud program seeking ongoing subject-matter expertise and regulatory guidance.

Scope of support includes:

Fraud risk management advisory and consultation
Interpretation of FFIEC, interagency guidance, and examiner expectations
Fraud policies, procedures, and program framework updates
Fraud risk assessments and control gap analysis
Fraud incident escalation and response guidance

Delivery model:
Monthly advisory retainer with defined hours and service-level expectations.

Managed Support (Hybrid Co-Sourced Model)

Best for: Institutions requiring both strategic oversight and hands-on support for key fraud program activities.

Scope of support includes:

All Advisory Support services
Hands-on support for fraud risk assessments and control reviews
Governance support for fraud monitoring tools, alerts, and workflows
Fraud incident review, trend analysis, and root cause support
Participation in fraud governance, risk, and management meetings
Support for internal audits, regulatory exams, and independent reviews

Delivery model:
Hybrid co-sourced retainer combining:
Fixed monthly advisory capacity, and
A defined scope of operational fraud program activities

Program Support (Comprehensive Co-Sourced Retainer)

Best for: Institutions seeking a co-managed or outsourced fraud program function with comprehensive, ongoing support.

Scope of support includes:

End-to-end fraud risk management program support
Ongoing fraud risk assessments and monitoring
Fraud incident management, trend reporting, and governance support
Management and board-level metrics and reporting
Examiner, audit, and regulatory response support
Continuous program enhancement aligned with evolving fraud risks and regulatory expectations

Delivery model:
Comprehensive monthly retainer with clearly defined scope, capacity, and service levels aligned to the institution’s size, complexity, and fraud risk profile.

Why a Co-Sourced Fraud Program Model?

Maintains internal ownership and regulatory accountability
Scales fraud expertise and operational capacity without additional headcount
Strengthens governance, documentation, and examiner readiness
Improves responsiveness to emerging fraud threats
Supports consistent alignment with FFIEC expectations