Fraud Prevention & Investigation Specialist

Minnesota League of Credit Unions; United States; Remote; USD 54,000 - 58,000; Full time

Job summary

Mayo Employees Federal Credit Union is seeking a Fraud Specialist to investigate and analyze financial data, monitor transactions, and prevent fraudulent activity. You will lead case investigations, coordinate with departments, and help implement organization-wide fraud prevention strategies.

The role reports to the Director of Enterprise Risk Management & Compliance and requires an associate degree with fraud experience, or a high school diploma with additional industry experience.

Qualifications

• Associate degree AND at least one year of experience in a financial institution.
• OR
• A high school diploma and two years of experience working in a financial institution.
• Equivalent combination of education and experience considered.

Responsibilities

• Identify, investigate, and follow-up on suspicious and fraudulent activities in line with regulations.
• Develop and implement fraud prevention strategies with MEFCU leadership.
• Log cases with clear documentation and coordinate with other departments and law enforcement as needed.
• Assist in training employees and educating members on fraud detection and prevention.

Skills

Fraud detection

Analytical skills

Interpersonal skills

Cross-functional collaboration

Education

Associate degree

High school diploma

Job description

Mayo Employees Federal Credit Union is seeking a Fraud Specialist to investigate and analyze financial data, monitor transactions, and prevent fraudulent activity. You will lead case investigations, coordinate with departments, and help implement organization-wide fraud prevention strategies.

The role reports to the Director of Enterprise Risk Management & Compliance and requires an associate degree with fraud experience, or a high school diploma with additional industry experience.