Bilingual Investigative Fraud Analyst

BMO Financial Group; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading financial institution in Toronto is seeking an experienced professional to oversee and investigate financial crime incidents. The role involves analyzing fraud cases, collaborating with law enforcement, and implementing strategic plans to mitigate risks. The ideal candidate will have strong analytical skills and a deep understanding of the financial industry.

Qualifications

• Typically 5+ years of relevant experience.
• Knowledge of financial crimes investigation.

Responsibilities

• Oversees investigations and manages incidents related to financial crimes.
• Analyzes fraud incidents and supports recovery efforts.
• Collaborates with law enforcement and stakeholders.

Skills

Analytical Skills

Problem-Solving Skills

Collaboration

Influence Skills

Education

Post-secondary Degree

Job description

Provides effective oversight and triage of incidents/events reported by BMO, law enforcement, and other financial institutions. Supports investigations against people or property of BMO through analysis, containment, mitigation, and recovery. Ensures incidents are evaluated, investigated, supported, or escalated in accordance with standard operating procedures. Provides subject matter expertise and oversight of criminal and misconduct-related investigations by following a disciplined and intelligence-based approach to detect and research activity and events.

1. Integrates information on fraud incidents from multiple sources for analysis to support investigations and assist with case files.
2. Identifies and reports on patterns and trends during investigative processes.
3. Identifies, recommends, and implements process improvement initiatives.
4. Analyzes and assesses incidents/cases, escalating complex or sensitive issues.
5. Prepares reports, notifications, and activity/case filings per guidelines and standards.
6. Supports the planning and implementation of programs to minimize risk exposures and enhance analytical processes' efficiency and effectiveness.
7. Ensures all incidents/events are evaluated, managed, initially investigated, closed, or escalated.
8. Supports investigations by overseeing data analysis, evidence collection, and recovery efforts.
9. Leads initial responses to recover funds lost or at risk due to fraud.
10. Provides support to business groups and investigators in identifying and recovering losses.
11. Assists in developing and implementing strategic plans to reduce exposures from financial crimes.
12. Manages relations with law enforcement and other financial institutions for collaboration and asset recovery.
13. Maintains knowledge of financial crime management processes, frameworks, and techniques.
14. Stays updated on financial crime risk trends, fraud issues, regulations, and compliance standards.
15. Collaborates with internal and external stakeholders, including auditors and regulators, to meet business objectives.
16. Verifies cost-effectiveness of activities and seeks productivity and cost reduction initiatives.
17. May focus on a specific business or group.
18. Thinks creatively and proposes innovative solutions.
19. Uses judgment to identify, diagnose, and solve problems within established rules.
20. Works independently; broader responsibilities may be assigned as needed.

Qualifications:

• Typically 5+ years of relevant experience and a post-secondary degree in a related field.
• Knowledge of the financial industry and experience in financial crimes investigation.
• Specialized knowledge from education and/or business experience.
• Deep collaboration and team skills.
• In-depth analytical and problem-solving skills.
• In-depth influence skills.