Manager, AML/ATF Models and Analytics

Scotiabank; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Manager for AML/ATF Models and Analytics. The role involves developing models for transaction monitoring, conducting analytical activities, and ensuring compliance with regulations. Candidates should have a master's degree and experience in statistical modeling, data science, and proficiency in SQL and Python. This position offers competitive rewards, training, and a supportive culture.

Benefits

Performance bonus

Employee Share Ownership Program

Health benefits from day one

Career development opportunities

Qualifications

• Minimum two years of working experience in related area.
• Solid understanding of statistical modelling and machine learning.
• Experience with cloud-based data platforms such as Google Cloud or Azure is an asset.

Responsibilities

• Develop and enhance models for AML/ATF activities.
• Participate in all stages of the model life cycle.
• Work with stakeholders on model design and utilization.

Skills

Statistical modelling

Machine learning

Data science methods

SQL

Python

Interpersonal communication

Presentation skills

Education

Master’s degree in mathematics, statistics, science, technology, or engineering

Tools

SQL Server

Hadoop

Spark

Job description

Requisition ID: 231869

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Manager, AML/ATF Models and Analytics is responsible for developing and maintaining models and providing descriptive, predictive, and prescriptive analytics to fulfill the Transaction Monitoring obligation under the AML/ATF framework of Scotiabank.

This role contributes to the overall success of the Global Compliance and AML team by ensuring specific individual goals, plans, and initiatives are executed/delivered in support of the team’s business strategies and objectives, as well as ensuring all activities conducted are in compliance with governing regulations, internal policies, and procedures.

Is this role right for you? In this role, you will:

• Develop and enhance models in support of Scotiabank’s AML/ATF activities. Work with data from different sources and of various nature (customer, product, transaction, etc.) to detect suspicious behavior patterns which are indicative of Money Laundering.
• Participate in all stages of the model life cycle, including data acquisition, exploratory analysis and engineering for model input, development and iteration for optimal models, deployment of model into production environment, post-implementation monitoring, and periodic model tuning.
• Collaborate with other stakeholders on model design and utilization. Leverage data expertise to assist with the translation of business requirements to technical specifications, identify and bridge any gap between objectives and implementation, and recommend the appropriate usage of models.
• Support implementation and maintenance of a rigorous framework of internal controls related to AML/ATF models. Create and maintain comprehensive model documentation. Work with Model Validation, Internal and External auditors to ensure that models meet all legal and regulatory requirements.
• Actively pursue effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk, and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook, and the Guidelines for Business Conduct.
• Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.

Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:

• Master’s degree or higher in mathematics, statistics, science, technology, or engineering is strongly preferred. Only for exceptional candidates, Bachelors may be considered.
• Minimum two years of working experience in related area.
• Solid understanding of statistical modelling, machine learning, and data science methods.
• Proficiency in SQL and Python. Experience with databases (Oracle or SQL Server), big-data platforms (Hadoop, Hive, Spark), and Pandas queries.
• Excellent interpersonal, communication (both oral and written), presentation, and business writing skills.
• Experience with cloud-based data platforms such as Google Cloud or Azure is an asset.
• Experience with shell scripting and version control systems is an asset.
• Solid knowledge of algorithms and data structure is an asset.
• AML/ATF experience or related-analytic knowledge is an asset.

What's in it for you?

• In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
• You'll be part of a diverse, collaborative, innovative, and high-performing team
• We offer a competitive rewards package:
• Performance bonus, Employee Share Ownership Program, and Pension Plan Matching
• Health Benefits from day one!
• You will relish work-life balance, team events, and opportunities to participate in the community.
• Your career matters! You will have access to career development and progression opportunities.

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.