Fraud Prevention Specialist

Rye Brook, NY
Full Time
Probate Advance
Mid Level
Probate Advance is seeking a Fraud Prevention Specialist to support our exceptional team and growing business. This role will validate information to ensure accurate client case profiles to determine eligibility for funding. The Fraud Prevention Specialist will perform audits of case material to identify, mitigate, prevent, and protect the company from fraudulent activity. This position will ideally be based in Probate Advance’s Rye Brook, NY office, but strong remote candidate’s open to occasional travel will also be considered.

Position Responsibilities
  • Obtain, review and research evidence/documents to analyze overall fact patterns of cases. Investigate, evaluate, and identify unusual activity.
  • Conduct objective, thorough, unbiased, and timely investigations for all cases to reduce loss exposure to the company.
  • Follow all company policies and procedures and use sound judgment in reviewing and responding through the appropriate channels while creating and documenting a comprehensive verification and fraud prevention policy and manual for the company.
  • Perform regular root cause analysis in case findings and share results with leadership.
  • Manage and prioritize a high-volume case load effectively and efficiently to achieve goals and maintain the fast pace of fundings. Accuracy and attention to detail are crucial since these are legal files.
  • Coordinate with law enforcement resources for assistance with verified cases of fraudulent activity.

Qualifications
  • BS degree in a related field (e.g., insurance studies, criminal justice, risk management) or other relevant certification preferred (e.g., Certificate of Insurance Fraud Investigator).
  • 3+ years prior experience as a fraud investigator, fraud prevention specialist, risk management specialist or other related discipline in the financial services field.
  • Strong interpersonal communication skills including the ability to interact with clients, internal staff, senior management, and law enforcement.
  • Proficient with personal identifiable information and its handling.
  • Demonstrate a strong understanding and the ability to identify all types of financial fraud and/or related functions.
  • Learn and develop a thorough understanding of all company products.
  • Ability to work independently with minimal supervision.
  • Honest and ethical with high levels of integrity and confidentiality.
Why Should You Apply:
  • Excellent growth and advancement opportunities
  • Fun and fast paced work environment
  • Competitive compensation
  • Excellent benefits
Benefits:
  • Probate Advance offers competitive compensation, and benefits that includes medical, dental, vision, company paid life insurance, and 401(k) with company match, plus paid time off.
About Us

Probate Advance is a rapidly growing company that provides funding options for heirs and beneficiaries that have an inheritance stuck in a lengthy probate process. Our process is fast to provide quick and easy options to our clients. We are accredited by the Better Business Bureau with an A+ rating. We are proud of the excellent service we provide to our customers and the culture of respect and support we have for each other. 

Probate Advance is a Libra Solutions company. Under the Libra Solutions banner including MoveDocs and Oasis Financial, we have relationships with over 40,000 attorneys and over 7,000 healthcare providers nationwide, which gives us an amazing platform to service our customers. The combination of our footprints, relationships, technology, and funding power solidifies our combined companies as the premier leaders in medical lien, medical legal, pre-settlement funding, and inheritance industries.
 
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