Job Description

Our Banking client is looking for a Fraud Investigator (Bank, Credit Underwriting, Program Management)
Length: 6 months contract with the possibility of extension
Location: Toronto, ON (Hybrid) - 2 days a week, flexible
Working Hours: 9 am to 5 pm
Possibility of Overtime: rare, however incumbent on projects and delivery timelines
Line of Business: Operations and Compliance
Dress Code: Banking Standard, Dress for Your Day (DFYD)ROLE MANDATE:
This role supports the Canadian P&BB First Line of Defense to drive stronger Fraud risk mitigation
controls, create and enhance fraud detection and prevention processes for the lending business. Contributes to a strong risk management culture through collaborationwith other first line employees, and second and third line functions to ensure Compliance, AML or operational risks are identified, mitigated, monitored and reported on an ongoing basis. Independently leads effective investigation of lending applications to identify fraud red flags or unusual indicators related to fraud that warrant a detailed investigation.ROLE RESPONSIBILITIES INCLUDE (but are not limited to):

• Identifies, investigates, analyzes, documents and mitigates program risks, taking into account jurisdictional issues, and raises any issues or concerns to senior leaders and other stakeholders
• Monitors and advises on management of risk requirements within the defined risk appetite
• Manages/supports large/complex risk programs/frameworks/projects/initiatives to ensure risks are appropriately mitigated and regulations adhered to
• Understands the identified risk exposures and supports the development of action plans required to mitigate identified risks
• Acts as a subject matter expert in the evaluation, development and implementation of an internal control system
• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders
• Builds effective relationships with internal/external stakeholders
• Breaks down strategic problems, and analyses data and information to provide insights and recommendations
• Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives
• Monitoring to ensure that 1st line jobs are following defined processes and procedures
• Develops, documents and maintains business/group procedures updating and obtaining approvals as regulations or the operating environment changes and communicates changes to the business/group & relevant stakeholder groups
• Builds awareness, knowledge, and skills and, as necessary, provides communication, practical tools and ongoing support including making presentations, to promote a culture of risk identification and management
• Supports the management of 1st LOD program for the business/group in compliance with appropriate principles, standards and direction from the second line of defense groups. Includes developing and promoting program and ensuring the execution of all program components
• Works with assigned business/group leaders to implement 1st LOD programs and frameworks, developing and maintaining an in-depth understanding of the applicable regulatory and internal risk management requirements. Interprets and provides advice on the application of the requirements for the business/group
• Monitors industry and legislative developments and continuously updates programs to ensure they are competitive and effective
• Develops and maintains an understanding of the business/group strategies and objectives, products and services, internal and external stakeholders and business processes as well as the underlying infrastructure to identify and manage implications and risk exposures for the business/group
• Recommends adjustments to the overall program, policy or processes within the business/group in accordance with the Risk Appetite Statement, Governance and Corporate Policy
• Provides support to the development and delivery of training and awareness programs within the business/group to increase awareness of and compliance to risk management requirements
• Focus is primarily on business/group within the bank; may have broader, enterprise-wide focus
• Provides specialized consulting, analytical and technical support
• Exercises judgment to identify, diagnose, and solve problems within given rules
• Works independently and regularly handles non-routine situations
• Broader work or accountabilities may be assigned as needed

MUST HAVE SKILLS:

• 5 to 7 years of experience in audit, investigation, Fraud and lending experience in banking
• Knowledge of Credit Underwriting preferably in unsecured lending (loans, lines of credit etc.) and secured lending (mortgages) - In-depth
• Program management skills - In-depth
• Deep knowledge and technical proficiency gained through extensive education and business experience

SOFT SKILLS:

• Verbal and written communication skills - Expert
• Collaboration and team skills - Expert
• Analytical and problem solving skills - Expert
• Influence skills - In-depth
• Data driven decision making - In-depth

INTERVIEW PROCESS:

• 1st round with Hiring Manager via MS Teams
• 2nd round with Hiring Manager and manager

URGENT: Please read the job description above. If this interests you, apply to the job with your most updated resume, including your contact number and email address.
The recruiter in charge of this role is SanIf you do not think you are a match for this opportunity, but know someone who is, feel free to forward this job description to them and you will be eligible for a referral bonus upon a successful hire.Please note that this is the most up to date version of job description available at this time - During Client Interview you will receive additional information - variance may apply!Please note: Adherence to our end client's vaccination policy is a requirement.Please visit the TEAMRECRUITER website to review other CAREER OPPORTUNITIES!Teamrecruiter.com IncTeamrecruiter.com is a provider of staffing and recruitment services to Fortune 500 and emerging growth companies across North America. Our consultants and account representatives work internally or externally with our clients assisting them...

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