Senior Fraud Investigator

Vervent; Sioux Falls (SD); Hybrid; USD 65,000 - 87,000; Full time

Benefits offered by this job

Medical, FSA & HSA

401k with match

Wellness & engagement programs

Pet Insurance

Hybrid/on-site offices

Job summary

The Senior Fraud Investigator at Vervent serves as the investigations subject matter expert and primary liaison for B2B card program clients. You will lead complex investigations, provide risk-based recommendations, identify fraud trends, and develop scalable investigation standards, reporting, and quality controls to support fraud prevention and loss mitigation.

Join a fast-growing fintech team, engage with cross-functional partners, and help strengthen controls across card operations while

Qualifications

• Lead complex investigations of confirmed, suspected, and attempted fraud.
• Determine fraud typologies, exposure, client impact, and recommended containment or recovery actions.
• Produce audit-ready case files and investigative documentation.
• Serve as the primary investigations liaison between Vervent and B2B card program clients.

Responsibilities

• Lead complex investigations of confirmed, suspected, and attempted fraud.
• Determine fraud typologies, exposure, client impact, and recommended containment or recovery actions.
• Produce audit-ready case files and investigative documentation.
• Serve as the primary investigations liaison between Vervent and B2B card program clients.
• Lead fraud trend analysis and provide recommendations for improving controls and reducing losses.
• Partner cross-functionally with Fraud Strategy, Compliance, Legal, Information Security, Product, and Technology teams.

Skills

Fraud investigations

Client communication

Fraud systems

Tools

Excel

Fraud platforms

Job description

Description

• Complex fraud investigations experience: Lead end-to-end card-fraud investigations and produce evidence-based findings, defensible case narratives, and risk-based recommendations. SAR reporting experience
• Client communication and cross-functional leadership: Clearly present findings, manage escalations, and coordinate investigative actions with clients and internal partners.
• Fraud systems proficiency: Analyze transaction and account data, identify linked fraud patterns and control gaps, and use fraud platforms and Excel effectively.

Job Type

Full-time

Description

• Complex fraud investigations experience: Lead end-to-end card-fraud investigations and produce evidence-based findings, defensible case narratives, and risk-based recommendations. SAR reporting experience
• Client communication and cross-functional leadership: Clearly present findings, manage escalations, and coordinate investigative actions with clients and internal partners.
• Fraud systems proficiency: Analyze transaction and account data, identify linked fraud patterns and control gaps, and use fraud platforms and Excel effectively.

Our ideal candidate is someone who is excited to become a part of an awesome, fast-growing team and must display these three top (required) skills:

• Complex fraud investigations experience: Lead end-to-end card-fraud investigations and produce evidence-based findings, defensible case narratives, and risk-based recommendations. SAR reporting experience
• Client communication and cross-functional leadership: Clearly present findings, manage escalations, and coordinate investigative actions with clients and internal partners.
• Fraud systems proficiency: Analyze transaction and account data, identify linked fraud patterns and control gaps, and use fraud platforms and Excel effectively.

Overview

The Senior Fraud Investigator serves as Vervent's investigations subject matter expert and primary liaison for B2B card program clients. This role leads complex fraud investigations, provides risk-based recommendations, identifies fraud trends, and develops scalable investigation standards, reporting, and quality controls to support fraud prevention and loss mitigation.

Why Vervent? Company Perks:

• Medical, FSA & HSA, Dental, Vision + More!
• 401k - 100% vested once you start contributing. Generous company match!
• Regular employee health, wellness & engagement activities!
• Pet Insurance, because fur babies are important to us too!
• Beautiful local offices with on-site/hybrid options

About Vervent

As a fintech leader, Vervent sets the global standard for outperformance by delivering superior expertise, future-built technology, and meaningful services. We support our industry-leading partners with primary strategic services and our goal is to empower companies to accelerate business, drive compliance, and maximize service. To learn more, please visit Vervent.com.

If you’re interested in reviewing the full job description, continue reading below…

Primary Responsibilities

• Lead complex investigations of confirmed, suspected, and attempted fraud.
• Determine fraud typologies, exposure, client impact, and recommended containment or recovery actions.
• Produce audit-ready case files and investigative documentation.
• Serve as the primary investigations liaison between Vervent and B2B card program clients
• Lead fraud trend analysis and provide recommendations for improving controls and reducing losses.
• Partner cross-functionally with Fraud Strategy, Compliance, Legal, Information Security, Product, and Technology teams.
• Act as the investigations SME for fraud methodologies, card operations, and client requirements.
• Develop and maintain fraud investigation procedures, documentation standards, quality controls, and training materials.

Requirements

• Lead complex investigations of confirmed, suspected, and attempted fraud.
• Determine fraud typologies, exposure, client impact, and recommended containment or recovery actions.
• Produce audit-ready case files and investigative documentation.
• Serve as the primary investigations liaison between Vervent and B2B card program clients
• Lead fraud trend analysis and provide recommendations for improving controls and reducing losses.
• Partner cross-functionally with Fraud Strategy, Compliance, Legal, Information Security, Product, and Technology teams.
• Act as the investigations SME for fraud methodologies, card operations, and client requirements.
• Develop and maintain fraud investigation procedures, documentation standards, quality controls, and training materials.

Additional Vervent Details

• Founded in 1986, purchased by current CEO, David Johnson, in 2008
• Privately owned by Stone Point Capital, Vervent Management and other passive investors
• 1,500 Employees
• Lines of Business: Primary Servicing – Loan, Credit Card, and Lease Servicing
• Capital Markets Services – Backup Servicing, Verifications, Structured Settlements, eVault, etc.
• Credit Card Programs – Fully-Managed Credit Card Programs (secured and unsecured), Managed Card Services, Application Processing
• Clients include consumer and small business “marketplace” lenders, finance companies, leasing companies, insurance companies, captive finance companies, alternative capital providers, consumers and banks

Physical Requirements

The work is of an intellectual nature. While performing the functions of this job, the employee is required to stand and sit for prolonged periods. Specific vision abilities required include close and medium distance vision and the ability to adjust focus. Must be able to hear normal sounds, distinguish sound as voice and communicate through human speech. This position requires the ability to operate a keyboard, computer mouse, telephone, fax, copier, writing tools, and other standard office equipment. On an occasion, an employee will be asked to lift items weighing up to 35 lbs.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Salary

$65,250 - $87,000 per year