Bilingual Investigative Fraud Analyst

Application Deadline:

08/09/2024

Address:

100 King Street West

Job Family Group:

Audit, Risk & Compliance

Bilingual in French and English is required

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.

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

Qualifications:

• 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 the financial industry with experience in financial crimes investigations.
• Knowledge of risk and regulatory requirements as they apply to financial crimes.
• Knowledge of banking products, services, processes, and ability to navigate banking platforms e.g., Customer Connect, CFS, and Optimizer is an asset.
• Knowledge of Microsoft office suite platforms, specifically Excel.
• Knowledge of internal controls processes.
• Superior verbal & written communication skills.
• Advanced collaboration & team skills.
• Advanced analytical, data driven and problem-solving skills.
• Strong influence skills.

• Advanced fraud investigative skills.
• Bilingualism (English and French) is required.

This position requires proficiency in English to interact, support and/or provide services to non-French employees and/or partners inside and/or outside the province of Quebec.

Salary:

$44,500.00 - $82,500.00

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 represen