November 14, 2024 @ 3:00pm PST
Banking and Fraud 101
Presenters: John Fick, MLS, CFE, CFCI, CECFE
Session Synopsis
This Banking and Fraud 101 presentation is designed to provide law enforcement and financial investigators alike the basic information on how financial institutions run their operations and financial crime detection, prevention, and investigative practices. This presentation will describe how check instruments flow through the banking system and other transactional processes.
The presentation also will provide information on the AML/BSA role with the FI, and the rules and regulations around various forms of bank fraud to include but not limited to checks, wires, elder exploitation, ID theft, debit card fraud, privacy, and other electronic fraudulent activities. This is important for the attendee to understand how financial institutions operate and the rules they are bound to uphold.
Presenter Bio
John R. Fick III, MLS, CFE, CFCI, CECFE, serves as the Corporate Vice President and Head of Fraud for Northwest Bank, providing over 15 years of comprehensive experience in fraud operations, including fraud detection, investigations, and physical security. Throughout his distinguished career, John has worked with a spectrum of financial institutions, ranging from small regional banks to large national corporations across the United States.
John's expertise lies in the development and strengthening of fraud departments, where he employs a strategic approach and deep comprehension of organizational needs and risk factors. He excels in personnel management, fostering a culture of success, and conducting intricate investigations aimed at mitigating and recovering financial losses.
Recognized for his leadership qualities, John embodies empowerment, effective communication, adaptability, integrity, problem-solving, collaboration, partnership, personnel development, and mentorship. His leadership style is characterized by a commitment to fostering professional growth and facilitating collaborative solutions.
A member of the International Association of Financial Crimes Investigators (IAFCI) since 2012, John currently serves as the Northwest Chapter President. Additionally, he holds a pivotal role as a board member on the Washington State legislated task force, the Puget Sound Financial Fraud and Identity Theft Task Force. John has also served as a Board of Director at-Large for the Pacific Northwest Chapter of the ACFE in 2023.
John's dedication to professional development is underscored by his attainment of three esteemed certifications: Certificated Financial Crimes Investigator (CFCI), Certified Fraud Examiner (CFE), and Certified Economic Crime Forensic Examiner (CECFE). Furthermore, he holds a Bachelor of Science degree in Organizational Security and Management with honors, along with a Master’s in Legal Studies from Northeastern University School of Law.
With an unwavering commitment to excellence and a demonstrated track record of leadership, John continues to be a driving force in the field of fraud prevention and financial crimes investigation. His multifaceted expertise and dedication to advancing industry standards make him an invaluable asset in safeguarding financial institutions against fraudulent activities.