Senior Fraud Risk Management Specialist

4 weeks ago

Toronto, Ontario, Canada Equitable Bank Full time

Key Responsibilities:

Fraud Risk Governance:

  • Develop and maintain the Enterprise Fraud Risk Framework aligned with Canadian regulations.
  • Collaborate with Enterprise Risk Management to integrate fraud risk considerations.
  • Manage corporate fraud risk policies and procedures.

Fraud Control Activities:

  • Monitor and test key fraud controls to ensure effectiveness.
  • Conduct fraud awareness training for employees.
  • Coordinate and manage internal and external audits related to fraud risk controls.

Fraud Risk Assessments:

  • Perform regular fraud risk assessments and identify fraud risk factors.
  • Evaluate the likelihood and impact of identified fraud risks.
  • Prioritize risks based on severity and probability.

Investigation and Corrective Action:

  • Recommend and implement process improvements based on investigation findings.
  • Develop and oversee remediation plans to address fraud risks and control weaknesses.
  • Communicate investigation findings to relevant stakeholders.
  • Conduct root cause analysis on fraud incidents.

Monitoring Activities:

  • Track Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) related to fraud risk.
  • Report on the outcomes of control testing and manage breach reporting.

Knowledge/Skill Requirements:

At Equitable Bank, we are seeking a highly skilled Fraud Risk Management Expert to join our team. The ideal candidate will have a deep understanding of risk management frameworks and standards, as well as 5+ years of experience in fraud risk management frameworks and best practices.

The successful candidate will have a strong understanding of Canadian financial regulations, including the Office of the Superintendent of Financial Institutions (OSFI) guidelines, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), and the Personal Information Protection and Electronic Documents Act (PIPEDA).

They will also have expertise in risk assessment, control design, and monitoring techniques used by Canadian financial institutions, as well as knowledge of fraud detection methodologies, including data analytics, forensic accounting, and the use of technology in fraud prevention.

The ideal candidate will be able to analyze complex data sets and identify patterns or anomalies relevant to the Canadian financial sector, and will have strong problem-solving skills to identify root causes and develop effective solutions within a Canadian context.

They will also have a high level of accuracy and attention to detail in identifying and assessing risks specific to Canadian regulations and practices, and will be thorough in documenting and reporting findings in compliance with Canadian standards.

Excellent written and verbal communication skills are essential, as is the ability to build strong relationships and work collaboratively with different teams and departments within financial institutions.

The successful candidate will also have strong project management skills to oversee risk management initiatives and ensure timely completion, and will be able to make informed decisions based on risk assessments and data analysis.

Sound judgment in prioritizing risks and recommending appropriate actions is also essential, as is flexibility in handling multiple tasks and projects simultaneously.

Finally, the ideal candidate will have strong ethical standards and integrity in handling sensitive information and making decisions, adhering to legal and regulatory standards.

  • Senior Fraud Risk Management Specialist

    4 weeks ago

    Toronto, Ontario, Canada Equitable Bank Full time

    Key Responsibilities:Fraud Risk Governance:Develop and maintain the Enterprise Fraud Risk Framework aligned with Canadian regulations.Collaborate with Enterprise Risk Management to integrate fraud risk considerations.Manage corporate fraud risk policies and procedures.Fraud Control Activities:Monitor and test key fraud controls to ensure...

  • Senior Fraud Monitoring Specialist

    4 weeks ago

    Toronto, Ontario, Canada VersaPay Full time

    About VersapayVersapay is a leading provider of Collaborative Accounts Receivable solutions. Our mission is to empower businesses to manage their financial risks and prevent fraud. We are seeking a highly skilled Senior Fraud Monitoring Specialist to join our team.Key Responsibilities:Conduct in-depth analysis of customer accounts to identify potential risk...

  • Senior Fraud Monitoring Specialist

    6 days ago

    Toronto, Ontario, Canada VersaPay Full time

    About VersapayAs a leading company in Collaborative Accounts Receivable, Versapay empowers teams with a shared digital experience, bridging the gap between suppliers and buyers. Our AR automation solutions and next-generation B2B payments network make billing and payments easier for enterprises, increasing efficiencies, accelerating cash flow, and improving...

  • Senior Fraud Analytics Specialist

    4 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    About the RoleWe are seeking a highly skilled Senior Fraud Analytics Specialist to join our team in Canada. As a key member of our Fraud Management Group, you will play a critical role in ensuring the success of our fraud mitigation strategies.Key ResponsibilitiesContribute to the development and execution of advanced analytics techniques to enhance fraud...

  • Senior Fraud Analytics Specialist

    4 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    About the RoleAs a Senior Fraud Analytics Specialist at Scotiabank, you will contribute to the overall success of the Fraud Management Group in Canada. Your primary goal will be to ensure specific individual goals, plans, and initiatives are executed and delivered in support of the team's business strategies and objectives. You will also be responsible for...

  • Senior Fraud Monitoring Specialist

    4 weeks ago

    Toronto, Ontario, Canada VersaPay Full time

    About VersapayVersapay is a leading provider of Collaborative Accounts Receivable solutions. Our mission is to empower businesses to streamline their financial processes and improve their customer experience. As a Senior Fraud Monitoring Specialist, you will play a critical role in safeguarding our organization against financial risks and ensuring the...

  • Executive Fraud Risk Management Leader

    1 month ago

    Old Toronto, Ontario, Canada TD Bank Full time

    AVP, Fraud Risk Governance SpecialistAbout the Role:This is a critical leadership position within TD Bank's second line of defense for fraud risk management. As an executive member, you will be accountable for challenging the work of the first line of defense and ensuring that the Bank's standards, policies, and risk appetite statement measures are met.Key...

  • Senior Fraud Monitoring Specialist

    4 weeks ago

    Toronto, Ontario, Canada VersaPay Full time

    About VersapayAt Versapay, we're the leaders in Collaborative Accounts Receivable. Our Collaborative AR Network is the first solution that empowers teams by bridging the gap between suppliers and buyers through a shared, digital experience. Our accounts receivable automation solutions and next-generation B2B payments network make billing and payments easier...

  • Senior Inbound Fraud Advisor

    6 days ago

    Toronto, Ontario, Canada Scotiabank Full time

    Job DescriptionAt Scotiabank, we're committed to delivering exceptional customer service and fostering a culture of trust and respect. As a Senior Inbound Fraud Advisor - Fraud Resolution Specialist, you'll play a key role in ensuring the delivery of high-quality customer service while minimizing fraud risk and losses.Key ResponsibilitiesAuthorizing...

  • Risk Management Specialist, Fraud Governance

    3 weeks ago

    Toronto, Ontario, Canada Equitable Bank Full time

    Fraud Risk Governance and ComplianceAs a key member of our team at Equitable Bank, you will be responsible for developing and maintaining our Enterprise Fraud Risk Framework, ensuring it aligns with Canadian regulations and industry standards. Collaborate with Enterprise Risk Management to integrate fraud risk considerations and manage corporate fraud risk...

  • Senior Fraud Analytics Specialist

    4 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    Requisition ID: 208352At Scotiabank, we're seeking a skilled Fraud Analytics Specialist to contribute to the overall success of the Fraud Management Group in Canada. This role is responsible for ensuring specific individual goals, plans, and initiatives are executed and delivered in support of the team's business strategies and objectives. The ideal...

  • Fraud and Forensics Manager

    4 weeks ago

    Toronto, Ontario, Canada Metrolinx Full time

    About the RoleMetrolinx is seeking a highly skilled and experienced Fraud and Forensics Manager to join our team. As a key member of our Internal Audit department, you will be responsible for managing all aspects of fraud investigations, including conducting independent and objective investigations, managing priorities, and ensuring compliance with internal...

  • Senior Fraud Analyst

    3 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    About the RoleScotiabank is seeking a highly skilled Senior Fraud Analyst to contribute to the overall success of the Fraud Management Group in Canada. As a key member of the team, you will be responsible for ensuring specific individual goals, plans, and initiatives are executed and delivered in support of the team's business strategies and objectives.Key...

  • Principal Fraud Risk Consultant

    6 days ago

    Toronto, Ontario, Canada Equitable Bank Full time

    About This RoleEquitable Bank is seeking a highly skilled Principal Fraud Risk Consultant to join its team in Toronto. As a key member of the fraud risk management team, you will be responsible for developing and maintaining an Enterprise Fraud Risk Framework aligned with Canadian regulations.Key ResponsibilitiesFraud Risk Governance: Collaborate with...

  • Financial Risk Management Specialist

    1 week ago

    Toronto, Ontario, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a boutique financial institution with a strong presence in Canada. Our company has been serving the Canadian marketplace for over 35 years, providing exceptional customer service and extensive product knowledge to our clients.Salary and BenefitsThe annual salary for this position ranges from $85,000 to $95,000, depending...

  • Fraud Detection Specialist

    4 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    About the RoleTangerine is seeking a highly skilled Fraud Detection Specialist to join our team. As a Fraud Detection Specialist, you will play a critical role in detecting and preventing financial crimes while ensuring an excellent customer experience.Key ResponsibilitiesProvide fraud detection and prevention services on the Tangerine Product OfferingFollow...

  • Lead Fraud Analytics Specialist

    1 week ago

    Toronto, Ontario, Canada Scotiabank Full time

    Job OverviewWe are seeking an experienced Lead Fraud Analytics Specialist to join our team in Canada. This is a challenging and rewarding role that requires a strong analytical mindset, excellent problem-solving skills, and the ability to communicate complex ideas effectively.About the RoleThe successful candidate will be responsible for leading the...

  • Financial Services Fraud Specialist

    1 month ago

    Old Toronto, Ontario, Canada Capco Full time

    About the RoleCapco is seeking a highly skilled and experienced Financial Services Fraud Specialist to join our team. As a key member of our fraud prevention and detection team, you will be responsible for leading project teams and managing the successful execution of timelines and milestones.Key Responsibilities:Act as a key point of contact for clients and...

  • Senior Claims Investigator

    2 weeks ago

    Toronto, Ontario, Canada Zurich Insurance Company Full time

    About the Role Zurich Canada is seeking a highly skilled Senior Claims SIU Investigator to join our team. In this exciting role, you will be responsible for conducting complex investigations of suspect fraud, high exposure, and complex claims within an assigned geographic region or Line of Business (LOB). As a Senior Claims SIU Investigator, you will...

  • Senior Risk Management Specialist

    1 month ago

    Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

    Enterprise Fraud Risk Management RoleThe incumbent will support the Enterprise Fraud Risk Management mandate by establishing and maintaining an effective framework of processes and risk management controls across the Bank as part of the second line of defense.Key Responsibilities:Ensure that controls are effective and efficient in preventing fraud.Develop...