About Company
RBC (Royal Bank of Canada) is a global financial institution with a purpose to help clients thrive and communities prosper. With a strong history spanning over 150 years, RBC is one of North America’s leading diversified financial services companies and one of the largest banks in the world, based on market capitalization. We provide a broad range of personal and commercial banking, wealth management, insurance, investor services and capital markets products and services to over 17 million clients worldwide. At RBC, we are committed to fostering an inclusive and diverse workplace where every employee can achieve their full potential. We believe in building a positive impact in the communities where we operate through various initiatives and our dedication to corporate social responsibility. Joining RBC means becoming part of a team that values innovation, integrity, and client satisfaction, all while offering unparalleled opportunities for career growth and development.
Job Description
Are you passionate about protecting clients and combating financial crime? RBC is seeking a highly motivated and detail-oriented Fraud Analyst to join our dedicated team in Capitol Park, Dover. In this critical role, you will be at the forefront of safeguarding our clients’ assets and maintaining the integrity of our financial systems. As a Fraud Analyst, you will be responsible for detecting, investigating, and preventing fraudulent activities across various channels, utilizing advanced tools and a keen analytical mind. This isn’t just a job; it’s an opportunity to make a real impact, contributing directly to the trust and security our clients place in RBC. We’re looking for an individual who thrives in a fast-paced environment, possesses exceptional problem-solving skills, and is committed to upholding the highest standards of ethical conduct. You will work within a supportive team environment, collaborating with colleagues across different departments, and leveraging cutting-edge technology to identify suspicious patterns and mitigate risks. The successful candidate will have a deep understanding of fraud schemes, financial regulations, and an unwavering commitment to continuous learning in an ever-evolving threat landscape. Join RBC and become a vital part of a global institution renowned for its innovation, client focus, and commitment to community. Your expertise will help us protect our clients, uphold our reputation, and contribute to a secure financial ecosystem, ensuring we continue to be a trusted partner for our clients worldwide.
Key Responsibilities
- Identify and investigate suspicious financial activities and transactions across various accounts and platforms.
- Analyze complex data sets and trends to detect potential fraud patterns and develop preventative measures.
- Collaborate with internal teams (e.g., Risk Management, Legal, Customer Service) to resolve fraud cases efficiently.
- Prepare detailed reports and documentation of investigative findings, maintaining strict confidentiality.
- Communicate effectively with clients and external partners (e.g., law enforcement) when necessary to gather information or provide updates.
- Stay informed on the latest fraud trends, regulatory changes, and industry best practices.
- Utilize various fraud detection tools and systems to enhance investigative capabilities and effectiveness.
Required Skills
- Minimum 2 years of experience in fraud detection, investigation, or financial crime prevention.
- Strong analytical and critical thinking skills with the ability to interpret complex data.
- Excellent written and verbal communication skills, capable of explaining complex issues clearly.
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and experience with data analysis tools.
- Demonstrated ability to work independently and as part of a team in a high-pressure environment.
- High level of integrity and ability to handle sensitive and confidential information.
- Solid understanding of financial products, services, and associated fraud risks.
Preferred Qualifications
- Bachelor's degree in Finance, Business Administration, Criminal Justice, or a related field.
- Certified Fraud Examiner (CFE) certification or other relevant industry certifications.
- Experience with specific fraud monitoring systems and case management tools.
- Knowledge of banking regulations (e.g., BSA, AML) and compliance requirements.
Perks & Benefits
- Comprehensive health, dental, and vision insurance plans.
- Generous paid time off, including vacation, sick leave, and holidays.
- Competitive retirement savings plans with company matching contributions.
- Opportunities for professional development, training, and career advancement.
- Employee assistance programs and wellness initiatives.
- Tuition reimbursement for approved courses and certifications.
- A supportive and inclusive work environment with a focus on work-life balance.
How to Apply
Interested candidates are encouraged to click on the application link below to submit their resume and cover letter. Please ensure your application highlights your relevant experience in fraud analysis and prevention. We appreciate all applications, but only those selected for an interview will be contacted. Apply today to become a part of the RBC team!