Fraud & Operational Risk Analyst

Socket.dev; Sault Ste. Marie; On-site; CAD 51,000 - 64,000; Full time

Benefits offered by this job

Comprehensive benefits package

Pension plan

Annual variable compensation

Professional development and learning

Volunteer program

Job summary

Northern Credit Union is seeking a Risk Analyst to join the Operational Risk team to support fraud and risk management programs, safeguard assets and promote a risk-aware culture.

The role involves monitoring fraud detection systems, investigating activity, analyzing patterns, refining rules and scoring, and contributing to risk reporting and internal control improvements across the organization.

Qualifications

• Post secondary education in accounting, audit or business-related discipline.
• 3-5 years’ experience in risk management, internal audit.
• Strong organizational and communication skills.
• Analytical mindset with attention to detail and problem‑solving ability.
• Fraud, internal controls and risk understanding in financial industry is an asset.

Responsibilities

• Monitor fraud detection systems and investigate suspicious activity.
• Analyze transaction patterns and enhance fraud rules and scoring models.
• Conduct root-cause analysis and recommend internal control improvements.
• Support business resilience, insurance and risk-based reviews.

Skills

Risk management

Organizational skills

Communication skills

Analytical mindset

Fraud awareness

Education

Accounting, Audit or Business-related discipline

Job description

Northern Credit Union is seeking a Risk Analyst to join the Operational Risk team to support fraud and risk management programs, safeguard assets and promote a risk-aware culture.

The role involves monitoring fraud detection systems, investigating activity, analyzing patterns, refining rules and scoring, and contributing to risk reporting and internal control improvements across the organization.