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Are you a seasoned fraud leader who keeps up with current/emerging threats and the latest trends in fraud prevention?

The Financial Crimes Unit (FCU) brings together our Cybersecurity, Fraud and Physical Security capabilities to address the ever-growing and increasingly complex global security environment. It is a highly collaborative effort that greatly enhances BMOs ability to rapidly prevent, detect, respond to, and recover from all security threats. This position offers a unique experience to learn from experienced leaders in the industry, join a team building the 21st century model for security and helping grow the good by protecting our customers and communities.

+ **Looking for deep expertise in product knowledge, specifically with US banking products.**

+ Fraud experience - Preferred

+ Senior Leadership experience - Preferred

+ Hybrid role

We are looking for a Director of Fraud Strategy & Business Consulting to lead a team of fraud experts responsible for the development and implementation of fraud strategies in our US Personal & Business Banking segment, while managing relationships with the Lines of Business /Operating Groups and providing strategic direction across the full fraud management lifecycle. The director is responsible for establishing the broad vision, strategy, and key outcomes for the portfolio of inter-related operational teams by ensuring the customer is at the center of plans, designs, and development.

Key Accountabilities

+ Provide strategic direction and overall accountability for fraud losses (drivers, forecasting, root cause, and remediation) across the US Personal & Business Banking segment working in collaboration with other pillars to manage risk appetite

+ Responsible for managing relationships with Lines of Business (LOBs) and Operating Groups (OG) to provide fraud risk management consulting and support, including: subject matter expertise or review, offering strategic input into business decisions as a trusted advisor, understanding and assessing the LOB’s fraud risks, scenarios (both internal and external) and relevant controls.

+ Oversees the design, development, and implementation of new controls within various initiatives. Provide SME and oversight support for successful delivery of line of business initiatives in collaboration with project team.

+ Acts as a relationship manager on assigned projects/programs and ensures alignment to overall enterprise and group goals.

+ Develops solutions and makes recommendations associated with fraud risk based on an understanding of the business strategy and stakeholder needs.

+ Provides advice and fraud subject matter expertise for project/program/initiative design and to incorporate the needs of the business to ensure smooth, effective implementation and the achievement of anticipated benefits.

+ Conducts analysis required to inform strategic recommendations and considers the big picture when assessing whether or not a course of action is advisable in terms of the group and enterprise goals.

+ Collaborates with internal and external stakeholders to provide business context in the design, develop and implementation of programs and solutions.

+ Builds effective relationships with internal/external stakeholders.

+ Ensures alignment between stakeholders.

+ Utilizes standard project management methodology to manage solution planning, implementation, sustainment, and evaluation of initiatives.

+ Documents business requirements, processes, and test scenarios; completes testing as required.

+ Identifies enablers and key issues prior to and during implementation, raises issues with stakeholders and offers solutions to resolve issues or risks that jeopardize delivery.

+ Breaks down strategic problems, analyzes data and information to provide insights and recommendations.

+ Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.

+ Leads or participates in defining the communication plan designed to positively influence or change behavior; develops tailored messaging; and identifies appropriate distribution channels. May include assisting with fraud training sessions and delivering/disseminating training and/or learning materials.

+ Work with stakeholders to identify project/program/initiative critical success factors and integrate appropriate cost, quality, and risk mitigating strategies into change plans.

+ Designs and produces regular and ad-hoc reports, and dashboards.

+ Monitors and tracks performance, and addresses any issues.

+ Identifies enablers and key issues prior to and during implementation, raises issues with stakeholders and offers solutions to resolve issues or risks that jeopardize delivery.

+ Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution

+ Develops the business case by identifying needs, analyzing potential options and assessing expected return on investment.

+ Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals; assesses and adapts as needed to ensure quality of execution

Knowledge and Skills:

+ Typically 9+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

+ Fraud subject matter expert - worked in fraud areas of a financial institution (preferred).

+ Relationship management and influence skills-Expert.

+ Project management skills-Expert.

+ Subject matter expertise/experience and/or leading teams with other risk/security related domains such as InfoSecurity, AML/KYC, Audit, Physical Security, etc. (will be considered)

+ Technical leader viewed as thought leader for innovation.

+ Seasoned expert with extensive industry knowledge.

+ Verbal & written communication skills - Expert.

+ Analytical and problem-solving skills - Expert.

+ Influence skills - Expert.

+ Collaboration & team skills; with a focus on cross-group collaboration - Expert.

+ Able to manage ambiguity.

+ Data driven decision making - Expert

Salary:

$115,200.00 - $214,200.00

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [email protected] and let us know the nature of your request and your contact information.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.