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Manager, AML Model Validation (12 Month Contract)Scotiabank • Toronto, ON, CA
Manager, AML Model Validation (12 Month Contract)

Manager, AML Model Validation (12 Month Contract)

Scotiabank • Toronto, ON, CA
30+ days ago
Job type
  • Temporary
Job description

Is this role right for you?

In this role, you will:
  • Perform independent validation of AML modesl across the enterprise, including the vertical functions of (but not limited to), transaction monitoring, client risk rating, sanction screening, watch list, etc.
  • Responsible for delivering model validation solution according to work plan; determine and execute data verification and quality assurance assessments and model implementation tests; identify material improvement opportunities in the model inputs being validated.
  • Review and provide opinions on the soundness and use of the model; develop thorough model validation reports based on the plan, procedures and requirements.
  • Prepare all necessary documentation related to validation assignments; ensure accuracy and completeness of archived information and related documentation to allow independent third party review of the validation work performed.
  • Support the team to effectively challenge, pursuant to the model requirements, model developers and stakeholders.
  • Provide support to resolve outstanding audit and regulatory issues, and to respond to ad hoc senior management and regulatory requests

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

  • 1+ year of experience in the data management or data architect, with familarity and be comfortable to handle large data
  • 1+ year of experience in model development and/or validation.
  • Working knowledge of AML related regulatory requirements is preferred.
  • Ability to effectively utilize relational databases for data analysis and write complex SQL queries.
  • Proficiency in constructing and executing distributed queries from a variety of databases/sources is required.
  • Strong experience or background in data analysis and statistical techniques; proven ability to employ these to analyze large sets of data.
  • Strong proficient in programming language, such as SQL, SAS, R, Python, VBA, MATLAB, etc.
  • Experience with Oracle Mantas AML solutions or knowledge of AML models and tools will be an asset.
  • Effective time management in order to efficiently deliver concurrent projects with competing priorities.
  • Ability to work independently as well as a team player to deliver work assignments.
  • Constructive conflict management ability; ability to collaborate effectively with counterparts and stakeholders.
  • Effective presentation and communicaton skills; Strong written skill is essential.
  • Ability to manage efficiently multiple priorities.
  • Attention to details, independence, and ability to effectively collaborate in teamwork.
  • Flexibility and creativity in problem solving.
  • Advanced degree in quantiative disciplines, for example, Statistics, Mathematics, Economics, Engineering, Computer Science.
  • Certified Anti-Money Laundering (CAMS) desnigation is an asset

What’s in it for you?

  • An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
  • We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
  • Your career matters! You will have access to career development and progression opportunities.
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Manager, AML Model Validation (12 Month Contract) • Toronto, ON, CA

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