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Title:  Senior Manager, Cheque Fraud Analytics - Toronto, ON




Requisition ID: 125731

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


As Senior Manager, Fraud Analytics, the incumbent Leads and oversees a Fraud Analytics team in Canada ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies, and procedures.


What Your Role Will Be:


  • Leads and drives a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.


  • Accountable for developing, executing and monitoring Cheque fraud strategies across multiple platforms and product lines for Canadian Banking and Tangerine, leveraging best in class analytics 


  • Ensure data mining tools (SAS, Python, R) are effectively leveraged to formulate fraud strategies that minimize fraud losses while maintaining a positive customer experience and controlling operating costs 


  • Own the development of fraud forecasting and provide insight to fraud operations and business leaders 


  • Analyze and report on performance of existing Cheque fraud strategies for Canadian Banking by Products and Channels


  • Identify and leverage new data, adopt new techniques and technology to improve client intentional 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


  • Work with fraud operations and other business partners to ensure new initiatives will be deliverable and executable 


  • 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.


  • Creates an environment in which his/her team pursues 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, including but 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.


  • Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.



Skills You Already Have:


  • A University degree in statistics, mathematics or computer science
  • 7+ 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 communication skills essential with clients, vendors and management
  • Strong prioritizing, planning, analytical, presentation, project management, and relationship building skills
  • Experience with statistical software such as SQL, SAS (or similar languages such as Python, R, etc.)
  • Experience with PRM or similar fraud or risk platforms strongly desired
  • Must be self-motivated, energetic and results-oriented and be committed to adding value to the organization


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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