Manager, Aml/atf Models - Toronto, Canada - Scotiabank

Scotiabank

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Requisition ID: 169125

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

Job Purpose:

The Manager, AML/ATF Models and Analytics will be responsible for developing and enhancing the Bank's AML/ATF Client Risk Rating models, and for performing analytics on existing models.

This role contributes to the overall success of the Global Risk Management's AML/ATF team by analyzing existing client risk rating models and creating more accurate client risk rating models.

This will enhance operating efficiency, and help in ensuring that all goals, plans, and initiatives are executed / delivered in support of the team's business strategies and objectives.

Additionally, helps ensure that all activities are conducted in compliance with governing regulations, internal policies and procedures.

Key Job Accountabilities

Supporting the design and maintenance of AML/ATF client risk rating models for the Bank's AML/ATF client risk rating models
Performing data mining and analytics for the development and maintenance of the Bank's AML/ATF Client Risk Rating models
Performing research on applicable methodologies for AML/ATF client risk rating modeling
Supporting implementation and maintenance of a rigorous framework of internal controls and comprehensive documentation related to AML/ATF client risk rating modeling
Supporting communication with first and second lines of business and other stakeholders, and recommending changes to AML/ATF client risk rating models as appropriate
Supporting communication with model users to ensure that model limitations are properly understood, and that models are not misused.
Creation of and maintenance of documentation for models and for the results data analysis.
Working with teams from model validation, internal audit, and external audit to ensure that models meet all legal and regulatory requirements
Actively pursues innovations for effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of daytoday business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk. Such risks include (but are 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.

Skills, Experiences and Functional Competencies

Experience with statistical modeling and data science methods is mandatory
Experience with programming in Python (preferred) or R is mandatory
Experience with querying data using SQL or any SQLlike language is strongly preferred
Experience with Apache Spark in any form is preferred
AML/ATF experience or analytic knowledge is an advantage
Experience with either linux and/or git is an advantage
Experience with lowerlevel programming languages (C/C++, Java, Scala) is an advantage

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.