Senior Manager, Lending Fraud Strategy

Bank of Montreal; Toronto; On-site; CAD 86,000 - 185,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

Bank of Montreal is seeking a Senior Manager, Lending Fraud Strategy to shape and execute fraud controls across the lending portfolio. You will partner with lending, risk, analytics, technology, and operations teams to identify and mitigate fraud risks while supporting growth.

The role requires 7+ years in lending, a related post-secondary degree, and strong leadership, analytical, and communication skills.

Qualifications

• Seven or more years of lending experience plus a post-secondary degree or equivalent.
• Strong relationship management and influence capabilities.
• In-depth/expert project management skills and strategic thinking.
• Excellent verbal and written communication with a data-driven mindset.

Responsibilities

• Lead design, development, and execution of lending fraud strategies across the lending portfolio.
• Partner with lending, credit risk, analytics, technology, and operations teams to identify fraud risks and mitigation.
• Drive end-to-end initiatives from problem framing to business case development and measurement of outcomes.
• Assess emerging fraud trends and gaps to propose data-driven solutions to reduce risk.
• Build processes and operating models to evolve the first-party fraud function.
• Prepare executive materials and influence senior leadership for strategic decisions.
• Oversee multiple concurrent projects, balancing priorities, risks, and dependencies.
• Collaborate with analytics to leverage insights for continuous improvement.

Skills

Relationship management

Influence

Project management

Communication skills

Analytical skills

Data-driven decision making

Cross-functional collaboration

Ambiguity management

Education

Post-secondary degree

Job description

Application Deadline: 10/01/2026 Address: 100 King Street West Job Family Group: Customer Shared Services

As the Senior Manager, Lending Fraud Strategy you will play a key role in shaping the future of our lending fraud strategy. We're looking for a seasoned leader who can navigate ambiguity, influence across the organization, and turn complex challenges into practical solutions. In this highly visible role, you'll partner with lending, risk, analytics, technology, and operations teams to design and implement strategies that protect the bank and our customers while supporting business growth. This is an opportunity to build, innovate, and drive meaningful change in an evolving fraud landscape.

Key Responsibilities Lead the design, development, and execution of lending fraud strategies and controls across the lending portfolio. Partner with lending, credit risk, analytics, technology, and operations teams to identify fraud risks and implement effective mitigation strategies. Drive end-to-end strategic initiatives, from problem definition and business case development through implementation and measurement of outcomes. Assess emerging fraud trends, vulnerabilities, and operational gaps, and recommend data-driven solutions to reduce risk. Build new processes, frameworks, and operating models to support the evolution of the first-party fraud function. Translate complex business challenges into actionable strategies and clear recommendations for senior leadership. Influence cross-functional stakeholders and operational teams to drive alignment, execution, and adoption of fraud initiatives. Develop presentations, assessments, and executive materials to support decision-making and strategic planning. Oversee the successful delivery of multiple concurrent projects, balancing priorities, timelines, risks, and dependencies. Collaborate with analytics partners to leverage insights and performance data to continuously improve fraud strategies.

• Operate effectively in a highly ambiguous environment, independently sourcing information, solving complex problems, and driving outcomes with limited direction.

Qualifications Typically, 7+ years of relevant lending experience and post-secondary degree in related field of study or an equivalent combination of education and experience. Relationship management and influence skills-In-depth/Expert. Project management skills-In-depth/Expert. Seasoned professional with a combination of education, experience and industry knowledge. Verbal & written communication skills - In-depth / Expert. Analytical and problem-solving skills - In-depth / Expert. Influence skills - In-depth / Expert. Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert. Able to manage ambiguity and a high degree of change Data driven decision making - In-depth / Expert.

Salary: $85,500.00 - $185,000.00 Pay Type: Salaried The above represents BMO Financial Group’s pay range and type. Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position. BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit https://jobs.bmo.com/global/en/Total-Rewards

About Us At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world. As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset. To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. Everywhere we do business, we’re focused on building, investing and transforming how we work to drive performance and continue growing the good. Who we are We’re proud to be fueling growth and expanding possibilities for individuals, families and businesses. More than 12 million customers count on us for personal and commercial banking, wealth management and investment services. As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management and investment services to more than 12 million customers. In Canada, the United States and across the globe, we’ll continue to build, invest and transform to drive performance that serves the good that grows.