Wealthsimple

2 days ago

Associate, Fraud Investigations Cash & Banking (Fixed Term Contract)

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 4 hours agoStatus: Live

Job Summary

Investigate and trace suspected cash and deposit fraud across EFTs, wires, Interac e-Transfers, cheque deposits, and money mule networks. Secure and mitigate high-risk accounts by coordinating with external financial institutions to recall funds and reverse fraudulent transfers. Produce clear case notes for client-facing teams, maintain fraud case SLAs, and participate in weekly calibration sessions to identify emerging banking scam typologies and strengthen defenses.

Location: Canada

Workplace: Remote

Employment Type: Contract · 9 months

Job Function: Banking, Lending & Credit

Seniority: Entry level

Key Responsibilities

•Investigate and trace suspected deposit fraud, including reviewing cheque deposits and money mule networks using internal ledgers, funding histories, and transaction data.
•Secure and mitigate high-risk accounts by halting suspicious outgoing transfers and coordinating with external financial institutions to recall and reverse fraudulent transactions.
•Conduct deep-dive investigations, write clear case notes, and provide client-facing teams with accurate summaries; interact directly with clients when needed.
•Manage a queue of multiple complex banking investigations while maintaining case-closure service level agreements (SLAs).
•Participate in weekly calibration sessions to share findings, identify new scam typologies, and help build better automated defenses.

Pay and Benefits

Salary: CAD 25 - 31 hourly

Perks:Health InsuranceLife InsurancePaid Leave

Key Requirements

•Minimum 1 year of direct backend fraud investigations experience, with exposure to retail banking fraud and 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.
•Demonstrated understanding of Canadian clearing systems and rules, including EFT regulations, Interac guidelines, and bank indemnities for fund recovery.
•Ability to collect, organize, and analyze financial ledgers, transaction metadata, and banking details to identify fraud networks.
•Exceptional written communication for case documentation, clear summaries, and cross-functional handoffs.

Experience:1+ yearsFintechDigital bankingFinancial crimeFraud investigation

Skills:Attention to detailAnalytical skillsResourcefulnessPersistenceWritten communication

Certifications:CFECAMS

Company Brief

Wealthsimple

Wealthsimple is a Canadian fintech offering automated investing, savings, tax filing, crypto trading, and cash accounts with a focus on low-cost, user-friendly financial services for retail customers.

Industry: Wealth Management

Company Size: Enterprise (1,001+ employees)

Growth: Scaleup

Valuation: Unicorn (USD 1B+)

Headquarters: Toronto, Canada

Founded: 2014

Website LinkedIn

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Wealthsimple

2 days ago

Associate, Fraud Investigations Cash & Banking (Fixed Term Contract)

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 4 hours agoStatus: Live

Job Summary

Location: Canada

Workplace: Remote

Employment Type: Contract · 9 months

Job Function: Banking, Lending & Credit

Seniority: Entry level

Key Responsibilities

•Investigate and trace suspected deposit fraud, including reviewing cheque deposits and money mule networks using internal ledgers, funding histories, and transaction data.
•Secure and mitigate high-risk accounts by halting suspicious outgoing transfers and coordinating with external financial institutions to recall and reverse fraudulent transactions.
•Conduct deep-dive investigations, write clear case notes, and provide client-facing teams with accurate summaries; interact directly with clients when needed.
•Manage a queue of multiple complex banking investigations while maintaining case-closure service level agreements (SLAs).
•Participate in weekly calibration sessions to share findings, identify new scam typologies, and help build better automated defenses.

Pay and Benefits

Salary: CAD 25 - 31 hourly

Perks:Health InsuranceLife InsurancePaid Leave

Key Requirements

•Minimum 1 year of direct backend fraud investigations experience, with exposure to retail banking fraud and 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.
•Demonstrated understanding of Canadian clearing systems and rules, including EFT regulations, Interac guidelines, and bank indemnities for fund recovery.
•Ability to collect, organize, and analyze financial ledgers, transaction metadata, and banking details to identify fraud networks.
•Exceptional written communication for case documentation, clear summaries, and cross-functional handoffs.

Experience:1+ yearsFintechDigital bankingFinancial crimeFraud investigation

Skills:Attention to detailAnalytical skillsResourcefulnessPersistenceWritten communication

Certifications:CFECAMS

Company Brief

Wealthsimple

Industry: Wealth Management

Company Size: Enterprise (1,001+ employees)

Growth: Scaleup

Valuation: Unicorn (USD 1B+)

Headquarters: Toronto, Canada

Founded: 2014

Website LinkedIn