Fraud Prevention & Compliance Coordinator

Fraud Prevention & Compliance Coordinator
Rasmussen University
Online/Remote

The position will be responsible for prevention, detection, monitoring, and proper reporting of issues related to identity theft, financial aid fraud, and abuse. Such issues will be analyzed and reported to the AVP, Online Operations. This role formulates policy recommendations to decrease identity theft and financial aid and abuse. The position will be responsible for understanding compliance with university regulations and policies and will assist in ensuring the University’s compliance with these requirements.

Responsibilities:

• Manages the University’s identity theft prevention program (risk factors). Will be responsible for identifying potential fraudulent students and instances of abuse.
• Provides guidance, regulatory interpretations and updates on policies and practices to the AVP, Online Operations/OED and provides recommendations on processes and issues related to fraud and abuse.
• Partner with AVP, Student Financial Services and compliance to monitor activity of the University’s high fraud risk factor population to identity theft, financial aid fraud, and abuse. 
• Interacts with interdepartmental teams to resolve identity issues and other related matters.
• Maintains positive working relationships with other Rasmussen University departments to support university goals and ensure seamless customer service.
• Provides recommendations to the AVP, Online Operations, AVP, Student Financial Services, OED, and Compliance on processes and issues related to fraud and abuse.
• Compiles and summarizes information internal reporting and review.
• Manage student communication and disputes.
• Overall support for Rasmussen University Online as deemed necessary by AVP, Online Operations.

Reporting Relationships:

The Fraud Prevention and Compliance Coordinator will report to the AVP, Online Operations. This position will have no direct reports.

Requirements:

• Bachelor's Degree preferred; will consider candidates without Bachelor's degree with meaningful college and/or professional experience.
• 1-2 years of experience in fraud detection, investigation or analysis, preferably within the education industry.
• Knowledge of regulations governing the education sector.
• Understanding of fraud detection methodologies and technologies.
• Ability to analyze and document fraud detection processes and requirements.
• Demonstrated analytical skills, including ability to document findings to support account reviews and preparing reports on fraud trends and incidents.

About Us:

Rasmussen University is a regionally accredited private university dedicated to changing lives and the communities it serves through high-demand and flexible educational programs. As a pioneer in career-focused education since 1900, the University is defining a new generation of higher education that focuses on competency-based education, technology and transferrable skills. Rasmussen offers undergraduate and graduate programs online and in person at 23 campuses around the country. The University is designed to lift and support its students every step of the way, from their first credential to their last. Rasmussen is dedicated to global enrichment, serving the underserved and meeting the evolving needs of diverse students, communities and economies. Rasmussen encourages its students, faculty and staff to strive for academic excellence, community enrichment and service to the public good. For more information about Rasmussen University, please visit www.rasmussen.edu.

At Rasmussen, we are proud to be an equal opportunity employer. We are committed supporting and encouraging diversity in the workplace. We welcome our employee’s differences regardless of race, color, creed, religion, gender, national origin, sexual orientation, marital status, age, gender identity, disability or veteran status

CO, DC, HI, MD, WA, NY Pay Transparency Statement

If you are a resident of Colorado, District of Columbia, Hawaii, Maryland, Washington or New York and this role is available remotely, you may be eligible to receive additional information about the compensation and benefits for this role, which we will provide upon request.  Please send an email to recruiting@apei.com