Associate, Fraud Investigations, Cash & Banking – Fixed Term Contract

Wealthsimple

Fraud Investigator handling complex banking investigations specializing in Banking & Cash Fraud. Protecting Wealthsimple's cash products against illicit money movement and fraud.

Posted 7/24/2026contractRemote • 🇨🇦 CanadaJuniorMid-Level💰 CA$25 - CA$31 per hourWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in backend fraud investigations within retail banking, with a strong focus on deposit fraud, money mule networks, and financial crime analysis. Proficient in documenting findings and collaborating with client-facing teams to enhance communication and case resolution.

Highest-signal resume keywords

Fraud Investigations ExperienceRetail Banking FraudEFT/ACH TransactionsCanadian Clearing SystemsCertified Fraud Examiner (CFE)

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Deposit Fraud InvestigationCheque Fraud AnalysisTransaction Metadata AnalysisFinancial Ledger OrganizationCase Documentation

Soft Skills

Exceptional Written CommunicationMulti-TaskingAnalytical Thinking

Certifications & Qualifications

Certified Fraud Examiner (CFE)CAMS

Industry Keywords

Wire FraudInterac e-TransferMoney Mule NetworksFirst-Party FraudSynthetic Identities

About the role

Key responsibilities & impact

Investigate & Trace: Dive into the weeds of suspected deposit fraud, fraudulent EFTs, wire fraud, Interac e-Transfer interceptions, reviewing cheque deposits and money mule networks.
Secure & Mitigate: Take immediate, decisive action to lock down high-risk accounts and halt suspicious outgoing transfers.
Empower the Frontline: Conduct deep-dive investigations and write clear, conclusive case notes to provide client-facing teams with what they need to communicate to the client.
Manage the Queue: Act as a master multi-tasker, managing multiple complex banking investigations at once while strictly maintaining case-closure Service Level Agreements (SLAs).
Connect the Dots: Participate in weekly calibration sessions with peers to share findings and spot new banking scam typologies.

Requirements

What you’ll need

Minimum 1 year of direct, backend fraud investigations experience, with specific exposure to retail banking fraud, fiat cash movement (EFT/ACH, wires, Interac e-Transfers), or deposit fraud.
Hands-on experience investigating money mules, first-party/friendly fraud, cheque fraud, and synthetic identities (with a foundational understanding of how account takeovers can tie into these events).
Demonstrated understanding of Canadian clearing systems and rules (e.g., how EFT regulations, Interac guidelines, and bank indemnities dictate fund recovery).
The ability to collect, organize, and analyze financial ledgers, transaction metadata, and banking details with precision to spot interconnected fraud rings.
Exceptional written communication skills for case documentation, drafting clear summaries, and cross-functional handoffs.
A genuine, active interest in the evolving landscape of digital banking, faster payments, and how traditional fraud intersects with modern fintech.
Completed courses or professional designations in fraud examination or financial crime (e.g., Certified Fraud Examiner (CFE) or CAMS) (nice to have).

Benefits

Comp & perks

Top-tier health benefits and life insurance
Long-term group savings with employer match, through Wealthsimple for Business
20 vacation days, 4 wellness days, and unlimited sick and mental health days per year
90 days away: work outside Canada for up to 90 days per year
Employee resource groups, including Rainbow (2SLGBTQ), Women of WS, and Black at WS