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Title:  Senior Business Analyst, FIU Strategy & Analytics




Requisition ID: 143018

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




As Canada’s leading digital bank, Tangerine technology is at the heart of everything we do. We have redefined what digital banking is and we continue to evolve on what it can be, using technology to create innovative, forward thinking banking solutions with our clients’ needs in mind.

We are made up of high performing, curious, energetic and collaborative individuals who thrive in our high trust agile environment to deliver best in class solutions for our customers. We believe in giving people hands-on challenges and the responsibilities that come with them, allowing them to grow, evolve and create opportunities to build their career.

Are you ready to make the change and become part of an established disruptor with the backing of a highly engaged team? If so come join us and help redefine the Canadian banking landscape!


Department Summary:



The Tangerine FIU (“FIU”) is responsible for developing, implementing and maintaining the Tangerine Anti-Money Laundering/ Anti-Terrorist Financing Program. Tangerine Bank is subject to, and must comply with many Regulations promulgated by governments, regulators and self-regulating bodies. The Department is responsible for ensuring that Tangerine remains compliant with regulatory expectations as well as head office minimum standards. The Department is also responsible for ensuring adherence to sanctions regulations.



Role Purpose:



The Senior Business Analyst, FIU Strategy and Analytics reports to the Manager, FIU Strategy & Analytics. The Senior Business Analyst, FIU Strategy & Analytics is responsible for defining, investigating, and developing solutions to support the systems used in the Tangerine FIU (including but not limited to the Transaction Monitoring, Name Screening and Case Management systems). Additionally, the role will be leading and participating in initiatives to identify and action opportunities for local improvements to productivity, decision effectiveness, and the user experience.

The Senior Business Analyst will work closely with IT, Business Intelligence, AML Operations/FIU, and the Tangerine AML to ensure successful delivery of objectives.



Role Accountabilities:

 Responsibilities to support strategic and tactical deliverables


  • Support the ongoing and periodic evaluation of existing and new FIU Systems tools and solutions to address changing business needs and emerging threats.
  • Perform ongoing development and management of FIU systems, rules and deployed solutions.
  • Perform the monitoring and maintenance of FIU strategies to address evolving trends.
  • Institute and manage a disciplined change process for regular testing and deployment of FIU rules.
  • Perform analytics and reporting to generate an accurate and insightful perspective on rule effectiveness, detection rates, false positive rates and volume.
  • Drive robust processes to enhance FIU Systems performance.
  • Maintain thorough understanding of FIU Systems capabilities, gaps and opportunities.
  • Provide analytic support in the development and implementation of FIU strategic plans.
  • Ensure accuracy and effectiveness of FIU systems and drive periodic enhancements as needed.
  • Execute a variety of technical testing including Business Acceptance Testing and User Acceptance Testing
  • Assist the team in proposing, creating and presenting communications to management, stakeholders, and other departments on changes introduced as a result of new initiatives
  • Maintain a thorough understanding of AML/ATF and sanctions system capabilities, gaps and opportunities
  • Other duties as assigned


Tangerine FIU Project Responsibilities:


  • Support the Manager, FIU Strategy and Analytics to manage requirements-related activities and deliverables throughout the project life cycle (e.g. change requests, issues, risks, schedules, status reporting etc.)    
  • Conduct data mining and analyses to generate insights and intelligence to support initiatives and commitments
  • Elicit requirements using interviews, document analysis, requirements workshops, surveys, use cases, scenarios, business analysis and workflow analysis
  • Write requirements / specifications using standard templates, using natural language simply, clearly, unambiguously, and concisely
  • Assist in the development of Test Plans and documentation to support testing
  • Identify, anticipate, assess, manage and resolve issues and risks related to requirements' activities and deliverables
  • Assess project issues and identify solutions to meet productivity, quality and goals
  • Participate in regular status meetings with all stakeholders, to review project deliverables and deadlines, keeping the stakeholder’s needs and requirements continuously in view
  • Produce high quality artifacts through effective business analysis, process mapping, and requirements generation


Minimum Qualifications:



  • University or College Degree or equivalent work experience
  • Minimum 3-5 years of work-related experience within the Financial Services industry
  • Minimum 2-year experience in Compliance and AML/ATF
  • Experience in consumer banking products (credit, deposit and cards)

Professional Certification

  • ACAMs certification is considered an asset
  • International Institute of Business Analysis (IIBA) certification is considered an asset

Specialized Knowledge

  • Knowledge of Compliance and AML/ATF systems and troubleshooting experience


Technical Skills

  • Strong and proven analytical skills
  • Strong working knowledge of data mining tools
  • Strong working knowledge of programing languages (Visual Basic, SQL)
  • Strong technical solution management experience and skills
  • Demonstrated experience using the MS Office Suite, in particular MS- Excel, MS- Word and MS-Visio
  • Strong business analysis skills required, including a thorough understanding of how to interpret customer business needs and translate them into application and operational requirements
  • Experience with statistical modeling and data science methods
  • Experience in business intelligence and analytics platforms


  • Ability to work autonomously under tight timelines
  • Ability to work in a dynamic environment where processes and procedures are consistently refined
  • Strong presentation, facilitation, analysis and problem solving skills
  • Strong capability to work with senior business leaders
  • Successfully engage in multiple initiatives simultaneously


  • Strong verbal, written and communication skills
  • Strong attention to detail and organizational skills


Working Conditions:

The Senior Business Analyst, FIU Strategy and Analytics will be working in a traditional office environment and may be subject to special working conditions as needed by the business. Special working conditions may cover a range of circumstances from regular evening and weekend work, overtime, shift work, working outdoors and/or working with challenging clients.


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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