Investigative Fraud Analyst Jobs

Global Investigations Investigative Fraud Analyst provides effective oversight and triage of fraud incidents/events reported by BMO, law enforcement and other financial institutions. Supports investigations relating to BMO’s people and property through analysis, containment, mitigation, and recovery. Ensures fraud 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.

• Ensures measures are taken to recover losses and prevent or reduce further losses.
• Supports the collection of evidence and information to be used for multiple purposes including incident reports/filings, loss prevention, litigation and criminal prosecution, management information and statistics, and process improvements.
• Ensures all incidents/events reported are evaluated, managed, investigated, closed, or escalated for further investigation in a timely manner.
• Conducts independent analysis and assessment to resolve issues.
• Prepares reports, or summaries of investigative findings.
• Works mostly independently and has ability to manage ad-hoc non-routine situations.
• Analyzes various information provided through detection systems, tools, reports, or manually to evaluate, investigate and determine required actions.
• Analyzes and assesses incidents or cases that may be complex and require knowledge of several different product lines.
• Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
• Identifies and reports on trending fraud patterns during the investigative processes.
• Exercises judgment to identify, diagnose, and solve problems.
• Stays abreast of financial crimes risk trends, relevant regulations, and compliance standards.
• Supports the planning and implementation of programs designed to minimize risk exposures and maximize the efficiency and effectiveness of the analytical processes.
• Builds effective relationships with internal/external stakeholders (e.g., law enforcement agencies and other financial institutions to collaborate in investigations).
• Develops solutions and makes recommendations based on an understanding of business strategy and stakeholder needs.
• Investigates or provides analytical support on fraud incidents raised by sources such as Law Enforcement, internal BMO lines of business, or other financial institutions.
• Supports and collaborates with impacted internal/external stakeholders to develop and implement short to long-term strategic plans to reduce exposures resulting from financial crimes.
• Documents case activity and details in case management database.
• Conducts interviews, as required, on routine matters.

Qualifications:

• Advanced fraud investigative skills.
• Knowledge of the financial industry with experience in financial crimes investigations.
• Knowledge of internal controls processes.
• Knowledge of risk and regulatory requirements as they apply to financial crimes.
• Typically 5 years + of relevant experience and a post-secondary degree in related field of study or an equivalent combination of education and experience.
• Knowledge of Microsoft office suite platforms, specifically Excel.
• Bilingualism (English and French) considered a strong asset.
• Superior verbal & written communication skills.
• Advanced collaboration & team skills.
• Advanced analytical, data driven and problem-solving skills.
• Knowledge of banking products, services, processes, and ability to navigate banking platforms e.g., Customer Connect, CFS, and Optimizer is an asset.
• Strong influence skills.

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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.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.