Analyst, Fraud Authentication

About the role

Conducts investigations to identify, assess, decide and report on activity that indicates an exposure to financial crimes. Ensures potential threats and investigations are evaluated, documented, managed and escalated by following standard operating procedures. Provides subject matter expertise and oversight of criminal risk by following a disciplined and intelligence-based approach to detection and research of activities and events in alignment with criminal risk frameworks and standards to ensure compliance as well as support trending, analysis and insights generation. Develops solutions and makes recommendations based on an understanding of business strategy and stakeholder needs. Provides advice and guidance to assigned business/group on implementation of solutions. Helps determine business priorities and best sequence for execution of business/group strategy. Conducts independent analysis and assessment to resolve strategic issues. Supports the execution of strategic initiatives in collaboration with internal and external stakeholders. Builds effective relationships with internal/external stakeholders (e.g., law enforcement agencies and other Financial Institutions to collaborate in investigations). Ensures alignment between stakeholders. Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting. Identifies business needs, provides content/develops tools and training programs; may include delivery of training to audiences. Analyzes and assesses incidents or cases that may be complex and require knowledge on several different product lines. Prepares reports, notifications and activity/case filings per guidelines and standards. Supports the planning and implementation of programs designed to minimize risk exposures and maximize the efficiency and effectiveness of the analytical processes. Provides input and develops recommendations for process and customer service improvements. Stays abreast of financial crimes risk trends, relevant regulations and compliance standards. Monitors and 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. Documents actions and information found throughout the investigation to develop and maintain account/case files. Develops and maintains an understanding of the financial crime management processes, frameworks and techniques. Gathers and formats data into regular and ad-hoc reports, and dashboards. Analyzes data and information to provide insights and recommendations. Executes routine tasks such as service requests, transactions, queries etc. within relevant service level agreements. Provides notification, information and instructions to internal/external stakeholders related to incidents as necessary. Focus may be on a business/group. Thinks creatively and proposes new solutions. Exercises judgment to identify, diagnose, and solve problems within given rules. Works mostly independently. Broader work or accountabilities may be assigned as needed.

Responsibilities

• Identify, assess, decide and report on activity that indicates an exposure to financial crimes.
• Evaluate, document, manage and escalate potential threats and investigations following standard operating procedures.
• Provide subject matter expertise and oversight of criminal risk using a disciplined, intelligence-based approach aligned with criminal risk frameworks and standards.
• Develop solutions and make recommendations based on business strategy and stakeholder needs.
• Provide advice and guidance on implementation of solutions to assigned business/group.
• Help determine business priorities and the best sequence for execution of business/group strategy.
• Conduct independent analysis and assessment to resolve strategic issues.
• Support the execution of strategic initiatives in collaboration with internal and external stakeholders.
• Build effective relationships with internal/external stakeholders such as law enforcement agencies and other financial institutions to collaborate in investigations.
• Ensure alignment between stakeholders.
• Integrate information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
• Identify business needs and provide content/develop tools and training programs; may include delivery of training.
• Analyze and assess complex incidents or cases requiring knowledge across multiple product lines.
• Prepare reports, notifications and activity/case filings per guidelines and standards.
• Support planning and implementation of programs designed to minimize risk exposures and maximize efficiency and effectiveness of analytical processes.
• Provide input and develop recommendations for process and customer service improvements.
• Stay abreast of financial crimes risk trends, relevant regulations and compliance standards.
• Monitor and analyze information from detection systems, tools, reports, or manually to evaluate, investigate and determine required actions.
• Support collection of evidence and information for incident reports/filings, loss prevention, litigation and criminal prosecution, management information and statistics, and process improvements.
• Document actions and information throughout the investigation to develop and maintain account/case files.
• Develop and maintain an understanding of financial crime management processes, frameworks and techniques.
• Gather and format data into regular and ad-hoc reports and dashboards.
• Analyze data and information to provide insights and recommendations.
• Execute routine tasks such as service requests, transactions and queries within relevant service level agreements.
• Provide notification, information and instructions to internal/external stakeholders related to incidents as necessary.
• Take measured risks while protecting the bank by applying the Risk Management Framework in line with Risk Culture and approved Risk Appetite, making sound and risk-informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents, laws and regulations.

Requirements

• 2–3 years of fraud experience.
• Bilingual (Spanish) required.
• Experience with identifying fraud trends preferred.
• Experience in link analysis/complex reporting preferred.
• Proficient in Excel and Power BI preferred.

Qualifications

• Typically 3–5 years of relevant experience and a post-secondary degree in a related field of study or an equivalent combination of education and experience.
• Knowledge of risk and regulatory requirements as they apply to financial crimes is an asset.
• Knowledge of banking products, services, processes and organization is an asset.
• Specialized knowledge from education and/or business experience.
• In-depth verbal and written communication skills.
• In-depth collaboration and team skills.
• In-depth analytical and problem-solving skills.
• In-depth influence skills.

Pay

$42,000.00 – $80,000.00 per year (salaried). 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.