Fraud Analyst

BMO • Jacksonville, FL

385d • $41,715 - $63,700

About The Position

The Fraud Analyst position at BMO involves conducting investigations related to financial crimes, specifically focusing on Reg E compliance. The role requires evaluating, documenting, and managing potential threats while providing subject matter expertise in financial crime management. Analysts will monitor trends, analyze data, and support evidence collection for various purposes, including incident reporting and process improvements. The position emphasizes collaboration, analytical skills, and adherence to regulatory standards.

Requirements

• Knowledge of risk and regulatory requirements related to financial crimes.
• Knowledge of banking products, services, processes, and organization.
• Good verbal and written communication skills.
• Good organizational skills.
• Good collaboration and team skills.
• Good analytical and problem-solving skills.

Responsibilities

• Conduct investigations to identify, assess, and report on Reg E related financial crimes.
• Evaluate, document, manage, and escalate potential threats following standard operating procedures and regulatory guidelines.
• Provide subject matter expertise and oversight of Reg E compliance.
• Monitor and analyze information from detection systems and tools to determine required actions.
• Support the collection of evidence for incident reports, loss prevention, and litigation.
• Document actions and information throughout investigations to maintain account/case files.
• Develop and maintain an understanding of financial crime management processes and frameworks.
• Gather and format data into regular and ad-hoc reports and dashboards.
• Analyze data to provide insights and recommendations.
• Execute routine tasks within relevant service level agreements.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: No Education Listed
• Number of Employees: 1,001-5,000 employees