Title:  Senior Manager, Fraud Analytics

Requisition ID: 250407 

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

The Senior Manager, Application Fraud Analytics contributes to the overall success of the Fraud Management Group in Canada ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team’s business strategies and objectives. The Senior Manager ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures. The incumbent proactively contributes to the Fraud strategy by applying advanced analytics techniques to enhance application fraud mitigation capabilities for multiple products across the Canadian Bank including Credit Cards, Unsecured Lending Products, Auto, Mortgages.

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

• Lead the development, execution and monitoring of application fraud strategies across multiple platforms and product lines for Canadian Banking, leveraging best in class analytics 
• Ensure data mining tools are effectively leveraged to formulate fraud strategies that minimize fraud losses while maintaining a positive customer experience and controlling operating costs 
• Analyze and report on performance of existing application fraud strategies for Canadian Banking by Products and Channels
• Identify and leverage new data, adopt new techniques and technology to improve application fraud strategy performance 
• Proactively identify opportunities for improvement with focus on risk/return while ensuring alignment with Fraud Operations teams
• Identify and escalate fraud risks that are or will become in excess of the Risk Appetite 
• Lead / participate in the identification, development and implementation of new initiatives
• Contribute to and support a variety of projects and initiatives across the Fraud Management Group; effectively manage and prioritize initiatives, projects and ad-hoc analysis with stakeholders
• Participate in discussions with IT partners and vendors on requirements and solution design
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

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

• A University degree in statistics, mathematics or computer science
• 10+ years analytical experience including advanced statistical analysis, ideally related to Fraud Analytics or Risk Management; ability to draw and communicate key insights from data
• Strong knowledge of both Equifax FraudIQ Manager and PRM platforms required
• Experience with statistical software such as SQL, SAS, Python
• Strong communication skills essential with clients, vendors and management
• Strong prioritizing, planning, analytical, presentation, project management, and relationship building skills
• Must be self-motivated, energetic and results-oriented and be committed to adding value to the organization

What’s in it for you?

• Perfect for individuals who are both interested in business analysis and preparedness, but who also welcome responding to unpredictable events quickly.
• Potential to further evolve the function and take on more responsibility based on emerging risks.
• Lead strategic projects with a significant impact on business line growth.
• A culture that promotes teamwork and cross-functional collaboration to achieve business goals. Inclusive workplace that values diversity of thought, background, and experience
• Hybrid working environment allowing for work/life balance

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.