Job Information
Purdue Federal Credit Union Fraud Investigator in West Lafayette, Indiana
Please APPLY AT:
https://jobs.silkroad.com/PurdueFCU/PurdueExternalPortalpurduefedcareerssilkroadcom
The
Fraud Investigator
is responsible for
the management of share loss program for the credit union. This includes (but not limited to), fraud loss detection
, card fraud detection andprevention as well as performance of procedures needed in order to ensure that member accounts are stated accurately and credit union interest is protected.
This role requires the ability to conduct research of complex situations, utilize subject matter disciplines to solve difficult problems, execute various risk mitigation efforts and provide clear documentation of all findings within our collection core system.
*Employees are expected to adhere to all rules and regulations applicable to this position, including but not limited to all policies and procedures pertaining to the Bank Secrecy Act.
Duties
and
R
esponsibil
ities
(Esse
ntial
F
u
nctio
ns):
Fraud Detection and Prevention
o
Review and act upon daily reports including New Account, External Account, and New Account Activity
o
Report on internal and external losses
o
File police reports and bond claims
o
Make recommendations to curtail future losses
o
Make decisions involving possible loan, wire and check fraud
o
Respond to other department notifications about possible fraud
o
Report to True Checks and ChexSystems
o
Review external fraud reports
o
Follow up with police departments and prosecutors
o
Track and maintain all fraud activities using the share drive
o
Monitor possible fraud accounts and activity
o
Monitor the mRDC tracking report
o
Facilitate phone calls to the member(s) to obtain information relating to possible fraud activities
o
Work various Purdue Federal, VISA, and Co-Op reports
o
Understand, identify, and modify fraud strategies
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