Senior Fraud Risk Specialist

What’s in it for you as an employee of QFG? Health & wellbeing resources and programs  Paid vacation, personal, and sick days for work-life balance Competitive compensation and benefits packages Work-life balance in a hybrid environment with at least 3 days in office Career growth and development opportunities Opportunities to contribute to community causes Work with diverse team members in an inclusive and collaborative environment This job posting is for an existing vacancy We’re looking for our next Senior Fraud Risk Specialist. Could It Be You? The Senior Fraud Risk Specialist is responsible for the dual mandate of validating the enterprise fraud control environment and executing the initial triage and analysis of potential internal fraud threats. This role ensures that all business entities operate within defined risk thresholds through consistent alert review, link analysis, and rigorous assurance testing of manual and automated controls. Reporting to the Manager, Fraud Risk Management, this role acts as a SME in enterprise governance and proactive detection. You will be responsible for implementing and performing quality control checks on critical processes while simultaneously monitoring internal user activity for indicators of misconduct or collusion. A key focus of this role is developing new investigative alerts, interpreting complex financial and behavioral data, and maintaining the enterprise control inventory to safeguard institutional integrity. Need more details? Keep reading… In this role, responsibilities include but are not limited to:  Enterprise Governance & Control Assurance Quality Control Testing: Perform regular quality control checks and assurance testing on manual and automated fraud processes to identify risks and error trends. Control Inventory Management: Support the team in maintaining a comprehensive inventory of enterprise-level fraud controls, ensuring they are updated at the point of any product or business line change. Audit & Regulatory Readiness: Assist in overseeing a policy oversight framework, ensuring that all investigative playbooks and procedures align with established standards. Remediation Advisory: Advise management on significant control weaknesses or deficiencies identified during testing and provide recommendations for enhancement. 2. Insider Risk Triage & Detection Alert & Case Review: Perform daily monitoring of generated alerts regarding potential policy violations or suspicious activity, determining which require further escalation. Link & Behavioral Analysis: Synthesize data with behavioral logs and user activity monitoring to uncover inconsistencies or patterns of concern. Logic Development: Identify emerging fraud trends and collaborate with technical partners to define the logic for new investigative alerts and monitoring triggers. Cross-Functional "Fusion" Collaboration: Proactively engage with partner teams such as HR, Payroll, IT, and Cybersecurity to understand operational workflows and build a holistic view of operational risks. 3. Data Analytics & Reporting Advanced Data Interpretation: Use SQL and Power BI to analyze large volumes of information, identifying anomalies that indicate potential fraud or control failures. KRI Support: Assist in the development and tracking of Key Risk Indicators (KRIs) for senior leadership reporting. Investigative Documentation: Draft clear, concise, and evidence-supported case summaries and investigative reports for review by leadership So are YOU our next Senior Fraud Risk Specialist? You are if you… Inquisitive Mindset: A natural curiosity to investigate anomalies and understand the underlying context of user and system behavior. Analytical Aptitude: Ability to digest and synthesize large volumes of information, such as financial data and system logs into a coherent, actionable narrative. Attention to Detail: A meticulous approach to reviewing alerts and documenting case information to ensure accuracy and thoroughness. Professional Communication: Strong written and verbal communication skills; the ability to present findings and recommendations clearly to leadership and stakeholders. Adaptability: A proactive eagerness to learn the internal workflows and processes of various departments to support a collaborative "Fusion" environment. Emotional Intelligence: High degree of discretion and emotional intelligence required to handle sensitive internal investigations involving employees. Experience: 3–5+ years of experience in fraud operations, investigations, or risk management within a regulated financial institution (OSFI/CIRO experience required). Technical Proficiency: Proven experience using SQL to identify anomalies and Power BI for data visualization. Knowledge of AI-related analytical tools is an asset. Education: Bachelor’s degree in Business, Criminology, Cybersecurity, Data Analytics, or a related field. Certifications: Progress toward or completion of a CFE (Certified Fraud Examiner) or CFCS (Certified Financial Crime Specialist) designation is preferred. Financial Literacy: Demonstrated ability to read, understand, and interpret complex financial records and transaction data. Compensation Information: Base salary range: $65,000 - $70,000 The final compensation package will be commensurate with the successful candidate's experience, skills, and geographic location (Canada). It includes a comprehensive benefits plan and a competitive incentive (bonus) program for Full-Time Permanent roles. Sounds like you? Click below to apply! #LI-Hybrid #LI-JW1