What are the responsibilities and job description for the Loss Mitigation/Fraud Loss Internship (Summer 2025) position at Lake Trust Credit Union?
- This position is on-site in Brighton, MI**
Why do you work each day? To us, our jobs are not just something we do to make a living, it’s a way to live. We work to support our members; whether celebrating moments of joy, finding a solution to an obstacle, or offering encouragement through a time of struggle. The worth of our work isn’t measured in dollars and cents, it’s seen in our communities and felt by the people who believe in us.
Job Summary
As a Fraud Loss Mitigation Intern, you will have the opportunity to investigate suspicious activity and become part of a collaborative team focused on understanding and preventing fraudulent activity. You'll gain hands-on experience in the entire fraud detection and prevention workflow, with a focus on reducing losses and improving recovery processes.
What You’ll Do
- With the development of the Card Department, we can use the intern to help develop strong fraud analytics for the fraud department to share with the new claim process without losing our ability to stay on top of all other areas of fraud prevention.
- Learn how to identify, analyze, and report suspicious activities related to deposit and loan accounts.
- Learn to fill out Suspicious Activity Reports (SARs) and understand their role in legal and regulatory compliance.
- Gain exposure to the entire process, from understanding the tactics of fraudsters to working with law enforcement for resolution
- Currently enrolled in a related degree program (e.g., Criminal Justice, Finance, Business, or similar field).
- Previous experience or coursework related to fraud investigation or risk management is a plus, but not required.
