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Title:  Manager, AML/ATF Models & Analytics




Requisition ID: 142935

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



This posting is for the role of Manager, AML/ATF Models and Analytics. Successful candidates 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 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
  • Maintaining up-to-date knowledge of regulatory requirements, advances in industry best practices and developments in products and applications by vendors
  • Actively pursues innovations for 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. 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.


Experience / Education:


  • 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 SQL-like 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 lower-level programming languages (C/C++, Java, Scala) is an advantage
  • Master’s degree or higher in science, technology, engineering or mathematics is strongly preferred. For exceptional candidates, Bachelor’s only may be considered.


This is a temporary role for 12 months.


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.

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