Sr. Consultant, Fraud Management Strategy

As a Sr. Consultant, Fraud Management Strategy, you will support the creation of fraud risk management strategies across all channels and various product groups in Retail Market. Your work will help us quantify fraud risk exposures and evaluates loss prevention / mitigation strategies. You will support new initiatives through multiple project stages including risk identification, risk assessment, proposal evaluation, initiative funding submission, seed funding and business case. You will also own the tactical and strategic vision of fraud loss mitigation, and work closely with stakeholders to execute that vision. You will provide support and mentoring to junior colleagues.

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 1-3 days per week on-site, while other days will be remote. 

How you'll succeed

• Strategy - Develop fraud management strategies proactively to minimize fraud risk while supporting enterprise growth objectives and client journeys. Investigate the use of new technologies and/or process to mitigate existing/emerging fraud vulnerabilities.

• Business Case Development - Track fraud strategy initiatives from idea formation, to initiative funding for new, earmarked, seed funding and business cases including investment costs, servicing costs and expected benefits. Support the business case creation for new initiatives, including documenting the assumptions, risk levels & loss conditions, modeling the financial impacts and primary functional controls in place.

• Relationship Management - Consult with internal partner groups to identify emerging issues and potential fraud exposures. Liase with and attend fraud risk forums to identify emerging trends, new technologies and industry best practices. Maintain contact with external organizations and vendors / suppliers; external organization such as payment associations for purposes of shared reporting and benchmarking, external vendors for purposes of evaluating new fraud prevention technologies.

Who you are

• Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.

• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do.
• You’re goal oriented. You’re motivated by accomplishing your goals and delivering your best to make a difference.
• You're passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.
• You love to learn. You're passionate about growing your knowledge. You have a strong sense of curiosity.

• Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.