Analyst, Fraud Investigation

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 Operations Manager of the Fraud Management US Region. This role is focused on identifying check fraud and kiting behavior. The Fraud Analyst is responsible for completing moderate to complex research and analysis of account activity to assess levels of risk and fraud type, making a fraud determination.  The Fraud Analyst will take 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 and the banks risk tolerance. 

Required Skills

• Demonstrates a strong understanding of fraudulent behaviors and effectively identifies suspicious activities.
• Experienced with industry-standard fraud detection tools and software applications.
• Proficient in recognizing key indicators and warning signs associated with check fraud.
• Extensive experience in detecting check fraud and uncovering kiting schemes.   
• Monitor alert-based systems for potential fraudulent activity

• 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, 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
• Experience in system based check fraud detection
• Certified Fraud Examiner or similar certifications a plus

Minimum Qualifications

• College Degree or equivalent experience.
• 2-4 years experience transaction and fraud monitoring
• 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 enable the work environment most optimal for you to thrive in your role you’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 2-3 days per week on-site, while other days may be remote.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $60,000.00 - $75,000.00 for the Chicago 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.

This position does not offer visa sponsorship. ​

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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 [email protected]

• 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.

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