Senior Fraud Analyst

Manulife/John Hancock; Toronto; Hybrid; CAD 74,000 - 123,000; Full time

Benefits offered by this job

Hybrid work arrangement

Health insurance

Dental benefits

Mental health benefits

Vision benefits

Short-term disability

Long-term disability

Life insurance

AD&D insurance

Employee assistance program

Job summary

Manulife/John Hancock is seeking a Senior Fraud Analyst in Toronto to lead investigations, analyze fraud patterns, and optimize controls across retail banking, mortgages, and digital channels. You will work with cross-functional partners to improve detection rules and reporting, contributing to a safer, more efficient banking experience.

The role emphasizes analytics, risk assessment, and continuous improvement, with a hybrid work arrangement and ongoing professional growth opportunities at a

Qualifications

• 3-5+ years of experience in fraud investigations, fraud operations, financial crimes, risk management, banking operations, or compliance.
• Knowledge of Canadian banking regulations and fraud management practices.
• Experience with fraud analytics, reporting tools, SQL, Power BI, or similar platforms.

Responsibilities

• Investigate suspected fraud events across banking products and customer channels.
• Review alerts, transactions, customer activity, and documentation to identify fraudulent behavior.
• Analyze fraud alerts and transactions to identify patterns and refine detection rules.
• Prepare recurring and ad hoc fraud reports and KPI dashboards to support leadership decisions.

Skills

Fraud analytics

Data analysis

Problem solving

Communication

Education

Bachelor's degree in Business/Finance/Economics/Criminology/Data Analytics/Risk Management

Tools

SQL

Power BI

Python

Job description

At Manulife Bank, we are building an intelligence-led fraud management program that protects our customers, advisors, and business while enabling sustainable growth and exceptional client experiences.As a Senior Fraud Analyst, you will play a key role in performing detailed fraud trend analysis and optimize rules to enhance performance so that the Bank operates within its risk appetite. across retail banking, mortgages, specialized lending, payments, and digital channels.This role combines fraud investigations, analytics, risk assessment, and fraud control optimization to support the Bank's fraud management strategy. You will work closely with Operations, Risk Management, Compliance, Product, Technology, and Enterprise Fraud partners to identify emerging fraud threats, improve fraud controls, and enhance customer protection while maintaining an exceptional client experience.Position Responsibilities:What You'll Do:Fraud InvestigationInvestigate suspected fraud events across banking products and customer channels.Review alerts, transactions, customer activity, and supporting documentation to identify fraudulent behaviour.Conduct detailed investigations into control gaps.Document findings, recommendations, and case outcomes in accordance with internal policies.Escalate significant fraud events and emerging risks to management.Fraud Detection & MonitoringAnalyze fraud alerts and transactional activity to identify suspicious patterns.Recommend enhancements to fraud detection rules and monitoring processes.Support fraud trend analysis and emerging threat assessments.Monitor effectiveness of fraud controls and identify opportunities for improvement.Participate in fraud prevention initiatives designed to reduce losses and customer impact.Fraud Analytics & ReportingPrepare recurring and ad hoc fraud reports, dashboards, KPIs, and trend analyses.Analyze fraud losses, recovery rates, alert volumes, investigation turnaround times, and control effectiveness.Provide actionable insights and recommendations to leadership.Support data-driven decision making through analysis of fraud patterns and root causes.Fraud Risk & Control ManagementParticipate in fraud risk assessments for products, processes, and strategic initiatives.Identify control gaps and recommend mitigation strategies.Support testing and validation of fraud controls.Assist in implementation of new fraud prevention capabilities and technologies.Contribute to fraud policies, procedures, and playbooks.Continuous ImprovementIdentify opportunities to automate manual processes and improve operational efficiency.Contribute to fraud transformation initiatives and strategic projects.Stay informed on emerging fraud trends, scam typologies, and industry best practices.Act as a subject matter expert and mentor for junior analysts.Required Qualifications:Undergraduate degree in Business, Finance, Economics, Criminology, Data Analytics, Risk Management, or a related discipline.3-5+ years of experience in fraud investigations, fraud operations, financial crimes, risk management, banking operations, or compliance.Knowledge of Canadian banking regulations and fraud management practices.Experience with fraud analytics, reporting tools, SQL, Power BI, or similar platforms.Knowledge of Interac, EFT, RTR, digital identity, authentication, and account takeover fraud risks.Preferred Qualifications:Certified Fraud Examiner (CFE) designation or progress toward obtaining certification.Experience writing complex queries to efficiently extract and manipulate large amounts of data.Experience with Python for data manipulation is required.Strong analytical skills and ability to identify complex fraud patterns.Experience working with fraud monitoring tools, case management systems, or analytics platforms.When you join our team:We’ll empower you to learn and grow the career you want.We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.As part of our global team, we’ll support you in shaping the future you want to see.#LI-HYBRIDThe role being advertised is an existing vacancy.About Manulife and John HancockManulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html .Manulife is an Equal Opportunity EmployerAt Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [e-mail] .Referenced Salary LocationToronto, OntarioWorking ArrangementHybridSalary range is expected to be between$73,725.00 CAD - $122,875.00 CADEmployees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact [e-mail] for the salary range for your location.Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [e-mail] for more information about U.S.-specific paid time off provisions.We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement .