Fraud Investigator at CIBC

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

Responsibilities

The Fraud Analyst will report to the Fraud Investigations Manager of US Region Fraud Management. The Fraud Analyst is responsible for completing moderate to complex investigations and analysis of account activity to assess levels of risk and fraud type, making a fraud determination, and completing all required investigative reports. Taking appropriate action to resolve fraud related inquiries in a multi-faceted, fast paced and dynamic environment, while ensuring the security of the customer’s accounts.

Required Skills

Ability to identify fraudulent activity

Conduct investigations based on escalations from Fraud Management and determine whether a regulatory filing obligation exists
Document investigation and prepare reports for regulatory referrals, if required
Collaborate with various Operations functions to ensure all escalated fraud incidents where a filing obligation may exist have been properly escalated
Assist in identifying and reporting suspicious activity trends to the Lines of Business in order to mitigate future Bank or client losses
Demonstrates a strong sense of urgency and is able to work in a fast-paced, high volume, ever-changing environment with a strong focus on risk mitigation and client experience.
Has strong analytical and organizational skills and demonstrates the ability to solve complex problems by reviewing related information.
Will follow established processes and guidelines in daily activities to do what is right for clients and the bank, adhering to all applicable laws and regulations.
Remains positive and focused during times of pressure or adversity
Make timely, fact-based decisions and can act decisively when required
Excellent time management and prioritization skills
Detailed understanding of Fraud operations
Experience working in a team environment
Self-motivated and goal-oriented
Excellent verbal and written communication skills
Highly adaptable during periods of change
Ability to learn and adapt to new information and technology platforms

Additional Desired Skills

Advanced Excel and Power Point Skills
Certified Fraud Examiner or similar certifications a plus
Knowledge and understanding of regulatory reporting
Strong problem solving skills

Minimum Qualifications

College Degree or equivalent experience.
3-5 years experience carrying out financial crime investigations, including determining approach, developing supporting documentation, and reporting of conclusions (preferably in the financial/banking sector)
Knowledge of Fraud laws, BSA/AML laws and regulations, and understanding of risk management
Ability to make independent decisions upon review of facts and circumstances
Strong oral and written communication skills, and acute attention to detail

You need to be legally eligible to work at the location(s) specified and, where applicable, must have a valid work or study permit.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $65,000 - $85,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com
You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.
We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

IL-70 W Madison St, 8th Fl

Employment Type

Regular

Weekly Hours

Skills

Financial Crime Investigations, Fraud Investigations, Fraud Monitoring, Time Management, Written Communication