Chapter Leader Profile: Jared B. Wilbur, CFE

President, Rhode Island Chapter #33

 Jared Wilbur, CFE

Jared Wilbur, CFE

Jared B. Wilbur, CFE serves as a leader in many capacities: father of three children, Fraud Prevention Director and VP of Consumer Banking Risk Management at RBS Citizens Bank, soccer coach and president of the Rhode Island ACFE Chapter.

Wilbur, an Eagle Scout and Ocean State native, also works in his spare time to earn his captain’s license. Wilbur shares some of his experiences from being at helm of the chapter and also from navigating his way through the waters of the anti-fraud profession.


Why did you decide to enter the anti-fraud field?

I had the opportunity to move over to the Bank’s internal investigations team after assisting them with process mapping for a cost reduction initiative back in 2001. They were looking for someone with knowledge of bank systems and were willing to teach me the “fraud stuff.”  This was just before 9/11, when the dynamic and focus of the role changed dramatically.

What do you consider your greatest achievement to date?

Personally, my marriage and family are my greatest achievements.  My wife and I have been married for 12 years and have three children. Being a father and husband is the best job I’ve ever had; it’s a lot of work and commitment, but worth every bit. Outside of that, I’d say Eagle Scout (in 1991) and CFE (in 2012).

Two professional achievements of which I’m particularly proud:

I led an implementation team to develop inquiry monitoring for our mainframe systems to detect and investigate internal fraud. We broke a large multi-state ID Theft ring investigation within a week of implementation.

More recently, we implemented a fraud risk-based scoring engine to use in the underwriting of our mortgage originations. In peer benchmarking we significantly outperformed our peers in pre- vs. post-funding fraud detection, with this risk-based scoring as the differentiating factor.

What are the benefits of serving as a chapter leader?

Through the local chapter, I’ve received great guidance and mentoring as I’ve matured in my career. Serving as a chapter leader has allowed me to demonstrate my leadership talents and establish credibility with my more seasoned peers. Chapter leadership has also afforded opportunities, through the ACFE conferences and chapter leader meetings, and educational and community outreach efforts, that I would not have otherwise had.

What do you like to do for fun when not at work?

I like to take pictures of Rhode Island and spend time with my family on my father’s boat. We spent a lot of time boating and fishing as kids, and I still look back on those memories as an adult. I am logging hours for my captain’s license, but have a long way to go! I also enjoyed coaching my daughters’ soccer team last spring and look forward to more of that as my son grows up.

 At the beach with son Elijah.

At the beach with son Elijah.

 On a hayride with daughter Jenna.

On a hayride with daughter Jenna.

 At home with daughter Brynn and family pet bullmastiff Georgia.

At home with daughter Brynn and family pet bullmastiff Georgia.