Consultant, Fraud Management

Canadian Imperial Bank of Commerce (Canada); Toronto; On-site; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Banking benefits

Benefits program

Defined benefit pension

Employee share purchase plan

Vacation offering

Wellbeing support

MomentMakers recognition

Job summary

CIBC is seeking a Consultant, Fraud Management in Toronto to support transaction monitoring, develop monitoring algorithms, and enhance fraud detection rules. You will work with data mining, analysis, and ongoing optimization across fraud mitigation systems, while collaborating with internal and external partners.

You will leverage tools like Databricks, SAS, SQL, Python and more to access and analyze data, translating insights into actionable recommendations.

Qualifications

• Bachelor's degree in analytics, statistics, computer science or related field.
• Experience in fraud analytics and transaction monitoring.
• Proficiency with analytics tools like Databricks, SAS, Alteryx, Power BI, Tableau, Azure, SQL and Python.

Responsibilities

• Develop monitoring algorithms and enhance rules to improve fraud detection outcomes.
• Support transaction monitoring across fraud mitigation systems through data mining and analysis.
• Collaborate with internal and external partners to deploy fraud solutions tied to transaction monitoring.
• Conduct feasibility studies and cost-benefit assessments to evaluate fraud mitigation options.

Skills

Analytical thinking

Fraud analysis

Problem solving

Communication

Education

Analytics/CS degree

Tools

Databricks

SAS

Alteryx

Power BI

Tableau

Microsoft Azure

SQL

Python

Job description

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute. To learn more about CIBC, please visit CIBC.com

What you'll be doing

Enterprise Fraud Management helps protect our clients and the bank by using data, insight, and technology to strengthen fraud prevention and detection. As a Consultant, Fraud Management, you'll support transaction monitoring across CIBC's fraud mitigation systems through data mining, analysis, and ongoing optimization. You'll develop monitoring algorithms, implement new strategies, and enhance existing rules to improve fraud detection outcomes. You'll collaborate with internal and external partners to support the successful deployment of fraud solutions tied to transaction monitoring. You'll also contribute subject matter expertise to projects and conduct feasibility studies and analysis to evaluate fraud mitigation options and recommend practical courses of action. At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How you'll succeed

• Fraud analytics and strategy - Improve fraud monitoring by identifying trends, assessing emerging risks, and developing analytical solutions that strengthen fraud mitigation strategies.
• Data analysis and insights - Conduct complex analysis, feasibility studies, and cost-benefit assessments to evaluate rule options and support evidence-based recommendations.
• Programming and data management - Create and maintain programs and queries using tools such as Databricks, SAS, SQL, and Python to access, manage, and analyze data that supports fraud decisioning.
• Partnership and delivery - Collaborate with business partners and stakeholders to support the implementation and continuous improvement of transaction monitoring and fraud detection solutions.
• Communication - Translate analysis into clear, actionable insights and present recommendations effectively through strong verbal and written communication.

Who you are

• You give meaning to data.
• You enjoy investigating complex problems and making sense of information.
• You communicate detailed information in a clear, meaningful way and bring experience with analytical tools such as Databricks, SAS, Alteryx, Power BI, Tableau, Microsoft Azure, SQL, and Python.
• You have a degree/diploma in analytics, statistics, computer science, or a related discipline. It’s an asset if you have a master’s degree.
• You know that details matter. You apply strong critical thinking, problem solving, and decision-making skills to identify business issues, assess options, and recommend effective solutions.
• You’re passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners.
• You connect with others through respect and authenticity.
• You love to learn. You're passionate about growing your knowledge.
• You have a strong sense of curiosity.

What CIBC Offers

• We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential.
• We aspire to give you a career, rather than just a paycheck.
• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
• Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
• We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
• *Subject to plan and program terms and conditions

What you need to know

CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact [e-mail]

CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise. You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit. We may ask you to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency). We use artificial intelligence tools during the recruitment process. Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location Toronto-141 Bay, 17th Floor

Employment Type Regular

Weekly Hours 37.5

Skills Analytical Thinking, Fraud Analysis, Fraud Investigations, Fraud Management, Group Problem Solving, Process Improvements, Reporting and Analysis

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.