How to Become Bank Fraud Investigator
A fraud investigator is a specially trained person who investigates the crime of fraud. More specifically, a bank fraud investigator is responsible for identifying financial crimes, such as embezzlement, fraudulent bank transactions, identity theft and telemarketing scams. A bank fraud investigator specifically respond to queries regarding financial misrepresentation, often in conjunction with federal and state officials. In today's digital world, opportunities abound for fraudsters to exploit the many financial transactions taking place online. As a result, the demand for fraud investigators is growing. Because of the nature of the work, in many states, the industry is licensed and there are usually strict guidelines in place to monitor who can work as a bank fraud investigator.
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Instructions
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Talk to experienced bank fraud investigators. This basic step will give you a better idea of what the job entails and whether it is something that you really want to do. It is important to choose investigators who have a good reputation in the field and who are reliable.
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Contact a professional bank fraud investigation association in your area. Ask if you can attend a meeting to get an idea of what the profession is like.
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Inquire into your state's regulations regarding licensing requirements for bank fraud investigators. Most states require investigators of any kind to pass a background check and take a written examination before they can practice in their state.
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Follow your state's licensing recommendations. Many states will require that you complete a course to insure that you have the necessary knowledge of your state's laws. Other requirements may include completing an internship, submitting a fingerprint card, and proof of your educational background.
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Complete your state's licensing requirements, including filling out all necessary forms. Follow the instructions on the application regarding where to mail the application.
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Wait to receive your license, if approved. Depending upon your state's processing time, you should allow 6 to 8 weeks to receive your license.
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Start looking for a job in the field. Contact local agencies and begin networking to find a position with a firm.
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Tips & Warnings
It is a good idea to undertake additional educational training, even if you have the necessary qualifications. Doing so will enhance your current knowledge in the field and provide you with an up to date understanding of your state's current laws.
If you have been convicted of a misdemeanor or felony, you may have difficulty getting licensed. Contact your state's licensing board for more information.
References
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