William J Thimme, CFE
Liberty Township,OH
Summary
Dedicated Leader committed to accepting and addressing challenges by leveraging experience in comprehensive evaluation of fraud events and typologies. Proven history of developing fraud prevention and detection processes with ongoing evaluation of results to ensure sustained success. Offering over 20 years of mortgage background and 9 years of fraud operations and investigations experience in a banking setting.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Fraud Risk Manager
Fifth Third Bank
Cincinnati, OH
09.2023 - Current
- Conduct risk assessments identifying areas of opportunity where additional controls could be implemented in order to strengthen fraud prevention, detection and investigation programs.
- Develop and implement additional controls that better align with the Bank's fraud, compliance, privacy and legal risk tolerance.
- Resolve internal and external audit issues.
Fraud Investigations Manager, AVP
Fifth Third Bank
Cincinnati, OH
11.2022 - 09.2023
- Led a team that investigates mortgage and consumer loan fraud, elder financial exploitation and complex fraud rings.
- Leveraged the team’s expertise and case level detail to optimize fraud detection and prevention programs, while maintaining strict adherence to regulatory reporting requirements.
Financial Crimes Manager, AVP
Fifth Third Bank
Cincinnati, OH
01.2017 - 11.2022
- Completed comprehensive risk assessments across multiple lines of business, identifying areas of strength and opportunity, as well as providing recommended action steps.
- Provided oversight and assessment of fraud policy and controls for multiple lines of business.
- Led the development and implementation of strategic initiatives to optimize fraud detection and prevention throughout the Bancorp.
- Served as subject matter expert for mortgage and consumer lending fraud typologies.
Corporate Investigator II
Fifth Third Bank
Cincinnati, OH
01.2015 - 01.2017
- Investigated mortgage and consumer loan files based on suspicion of fraud or misrepresentation.
- Interviewed subjects, targets and witnesses for information verification and corroboration.
- Coordinated with local, state and federal law enforcement in cases where criminal prosecution was being pursued.
- Maintained detailed case log of all cases assigned to monitor progress and completion.
- Prepared, analyzed and filed suspicious activity reports (SARs).
Education
Bachelor of Arts - Communication, Psychology
University of Dayton
Dayton01.1992
Skills
- Comprehensive Risk Assessment
- Fraud Typology Analysis
- Loss Prevention Policy Development
- Process Improvement Implementation
- Verbal and Written Communication
- Teamwork and Collaboration
Certification
- Certified Fraud Examiner (CFE) since 2019
Accomplishments
- Developed and implemented New Account Screening process that resulted in loss prevention of $31.7MM
- Created program that resulted in claims abuse loss reduction of $2.5MM
- Implemented IVR authentication controls that $1.8MM in estimated savings
Timeline
Fraud Risk Manager
Fifth Third Bank
09.2023 - Current
Fraud Investigations Manager, AVP
Fifth Third Bank
11.2022 - 09.2023
Financial Crimes Manager, AVP
Fifth Third Bank
01.2017 - 11.2022
Corporate Investigator II
Fifth Third Bank
01.2015 - 01.2017
Bachelor of Arts - Communication, Psychology
University of Dayton
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