Fraud Analyst
@ BMO

Toronto, ON
$55,000
On Site
Full Time
Posted 24 days ago

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Job Details

About BMO Fraud Analyst Role

The Fraud Analyst is responsible for investigating potential financial crimes by identifying, assessing, and reporting on suspicious activities. The role ensures that all potential threats are evaluated, documented, managed and escalated with adherence to standard operating procedures.

Key Responsibilities

  • Investigate and report on activities indicating financial crime exposure.
  • Evaluate and document potential threats following established procedures.
  • Develop recommendations for process and service improvements.
  • Monitor trends, regulatory updates and compliance standards.
  • Gather, format, and analyze data for insights and reporting.
  • Support evidence collection for legal and process improvement purposes.
  • Handle escalations and perform routine service tasks as required.

Qualifications

Applicants should have knowledge of risk and regulatory requirements, familiarity with banking products and services, and strong analytical, communication, organizational, and teamwork skills.

Compensation & Benefits

This is a salaried position with a pay range of $38,500.00 to $71,000.00, depending on location, skills, experience, and qualifications. BMO offers performance-based incentives, comprehensive health benefits, tuition reimbursement, and retirement savings plans. More details can be found at Total Rewards.

Key skills/competency

  • Investigation
  • Compliance
  • Risk Analysis
  • Data Analysis
  • Reporting
  • Financial Crimes
  • Process Improvement
  • Evidence Collection
  • Documentation
  • Regulatory Knowledge

How to Get Hired at BMO

🎯 Tips for Getting Hired

  • Research BMO's culture: Study their mission, values, news, and employee feedback.
  • Customize your resume: Highlight risk management and compliance experience.
  • Emphasize analytical skills: Showcase investigative and data analysis abilities.
  • Prepare for case studies: Review financial crimes scenarios and responses.

📝 Interview Preparation Advice

Technical Preparation

Review case study investigations.
Practice data analysis using spreadsheets.
Study regulatory updates and frameworks.
Familiarize with detection system tools.

Behavioral Questions

Explain past investigative experiences.
Describe teamwork in crisis situations.
Share experiences managing escalations.
Discuss problem solving under pressure.

Frequently Asked Questions