Managing Director, Fraud Strategy Performance

BMO

Toronto, ON, Canada
Base: cdn $170,000.00 to cdn $185,000.00; bonus/eq...
10+ years financial services experience
First party fraud strategy development
Advanced analytics and data modeling
This role involves leading the development of First Party Fraud strategies across all retail credit product suites to mitigate losses and optimize risk-return outcomes

Job Summary

  • This role involves leading the development of First Party Fraud strategies across all retail credit product suites to mitigate losses and optimize risk-return outcomes.
  • The successful candidate will collaborate with retail product credit strategy leads to manage the customer lifecycle from acquisition to collections while minimizing fraud vulnerabilities.
  • BMO offers a competitive total compensation package including health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

Matching Summary

This role involves leading the development of First Party Fraud strategies across all retail credit product suites to mitigate losses and optimize risk-return outcomes.

Salary

Base: CDN $170,000.00 to CDN $185,000.00; Bonus/Equity: Performance-based incentives and discretionary bonuses possible; Benefits: Health insurance, tuition reimbursement, accident and life insurance, retirement savings plans

Skills & Requirements

Must-have

  • 10+ years financial services experience
  • First Party Fraud strategy development
  • Advanced analytics and data modeling
  • Risk appetite framework compliance
  • Credit lifecycle management expertise

Nice-to-have

  • Strong quantitative analytical skills
  • Experience with stress testing methodologies
  • Ability to influence cross-functional teams
  • Knowledge of US and Canadian regulations
  • Proven track record in team leadership

Key Requirements

  • Post secondary education or equivalent work experience
  • 10+ years Financial Services experience preferably in credit area
  • Thorough knowledge of Bank Lending Process training tools
  • In-depth knowledge of fraud management processes and reporting techniques

Work Rights

Not specified

Tailored Resume

Cover Letter