Fraud Loss Prevention Specialist

Fraud Loss Prevention Specialist Show Map Location 102 MOTOR PARKWAY, Hauppauge, NY, 11788, United States Job Category Risk Compliance Employee Type Regular Full Time Required Degree High school Manage Others No Minimum Experience 1 Year Description Join Our Team For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America's Best-In-State Credit Unions in 2025, Teachers has grown into one of the nation's leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part-time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.

Summary:

The Fraud Loss Prevention Specialist supports the development and enhancement of fraud controls across the organization. This role partners closely with internal teams to identify fraud trends, stay current on emerging schemes and regulatory changes, and deliver data driven insights and best practices. The specialist serves as a trusted advisor, provides fraud education and training to staff, supports cross functional initiatives, and helps ensure proactive, effective fraud prevention strategies for both internal teams and members. Education and/or

Experience:

High School Diploma required, Associates degree preferred Minimum one year of financial services, banking and/or fraud prevention experience required Basic understanding of certain regulatory requirements associated with fraud mitigation activities, such as Bank Secrecy Act Local travel up to 25% of time required NYS Drivers license required Strong project management skills, with organization, planning, and follow-through on multi-faceted initiatives Demonstrated capability to effectively manage multiple priorities Strong analytical and problem-solving skills Ability to communicate data-driven insights clearly and concisely High attention to detail and strong critical thinking skills

Job Responsibilities:

Supports internal teams to help develop, optimize, and document fraud-related controls, processes, and escalation procedures Interviews members and/or employees regarding claims of fraud, take steps to prevent additional losses to members and the credit union Identifies trends related to fraud, compliance, and overall performance, and assist in providing members with timely and actionable recommendations Identify through fraud mitigation activities opportunities to enhance internal policies, procedures, and controls within the enterprise Develops and maintains relationships with various internal departments to collaborate on issues that impact areas outside of Loss Prevention Provides best practices, tailored insights, and dedicated support to teams. Publishes comprehensive blogs on our internal website to keep staff informed of fraud events, trends, issues, etc. Serves as department's liaison keeping leadership informed on department's key issues, strategies and trends Helps develops, implements and trains staff on Fraud trends and best practices Conducts Branch visits to educate staff, observe responsibilities and answer questions Collaborates with marketing teams to deliver fraud education material to our members •Performs other duties as needed upon request by immediate supervisor Benefits of Joining the

Teachers Team:

We provide a competitive compensation and benefits package that includes, but is not limited to: This position is eligible for our annual discretionary bonus program. Some positions within the credit union also qualify for quarterly performance incentive. Paid time off for vacation, personal days, and holidays 401(k) company contribution Teachers pays 100% of Dental & Vision premium Tuition reimbursement is offered to full-time employees Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers The good faith range for this position is $23.00 - $27.00 per hour. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law. All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.