AML Model Validation Manager
2 weeks ago
We are seeking a highly skilled Model Validation Specialist to join our team at Scotiabank. The successful candidate will be responsible for ensuring the ongoing effectiveness of our AML model validation program.
Key Responsibilities:- Perform individual validation of AML models across the enterprise, including transaction monitoring, client risk rating, sanction screening, watch list, etc.
- Deliver model validation solutions according to work plans, find and execute data verification and quality assurance assessments, and model implementation tests.
- 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 individual third-party review of the validation work performed.
- Assist the team to effectively dispute, pursuant to the model requirements, model developers and stakeholders.
- Provide assistance to resolve outstanding audit and regulatory issues, and to respond to ad hoc senior management and regulatory requests.
- 1+ year of experience in data management or data architect, with familiarity and comfort handling large data.
- 1+ year of experience in model development and/or validation.
- Working knowledge of AML-related regulatory requirements.
- 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.
- Strong experience or background in data analysis and statistical techniques, successful ability to employ these to assess large sets of data.
- Strong proficiency in programming languages, such as SQL, SAS, R, Python, VBA, MATLAB, etc.
- Experience with Oracle Mantas AML solutions or knowledge of AML models and tools.
- Effective time management in order to efficiently deliver concurrent projects with contesting 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 communication 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 quantitative disciplines, for example, Statistics, Mathematics, Economics, Engineering, Computer Science.
- Certified Anti-Money Laundering (CAMS) designation is an asset.
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AML Model Validation Manager
1 month ago
Toronto, Ontario, Canada Scotiabank Full timeJob Title: AML Model Validation ManagerScotiabank is seeking a highly skilled AML Model Validation Manager to join our team. As a key member of our Model Validation & Approval area, you will be responsible for providing individual and consistent model validation and approval across various risk types.Key Responsibilities:Perform individual validation of AML...
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AML Model Validation Manager
1 month ago
Toronto, Ontario, Canada Scotiabank Full timeJob Title: AML Model Validation ManagerScotiabank is seeking a highly skilled AML Model Validation Manager to join our team. As a key member of our Model Validation & Approval area, you will be responsible for providing individual and consistent model validation and approval across various risk types.Key Responsibilities:Perform individual validation of AML...
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AML Model Validation Manager
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Toronto, Ontario, Canada Scotiabank Full timeRequisition ID: 203166Scotiabank is seeking a highly skilled AML Model Validation Manager to join our team. The successful candidate will be responsible for providing individual and consistent model validation and approval across various risk types, including market risk, retail/non-retail credit risk, operational risk, capital models, AML and other key...
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AML Model Validation Manager
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Toronto, Ontario, Canada Scotiabank Full timeJob Title: AML Model Validation ManagerScotiabank is seeking a highly skilled AML Model Validation Manager to join our team. As a key member of our Model Validation & Approval area, you will be responsible for providing individual and consistent model validation and approval across various risk types.Key Responsibilities:Perform individual validation of AML...
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Toronto, Ontario, Canada Scotiabank Full timeJob Title: AML Model Validation ManagerScotiabank is seeking a highly skilled AML Model Validation Manager to join our team. As a key member of our Model Validation & Approval area, you will be responsible for providing individual and consistent model validation and approval across various risk types.Key Responsibilities:Perform individual validation of AML...
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Toronto, Ontario, Canada Scotiabank Full timeJob Title: AML Model Validation ManagerScotiabank is seeking a highly skilled AML Model Validation Manager to join our team. As a key member of our Model Validation & Approval area, you will be responsible for providing individual and consistent model validation and approval across various risk types.Key Responsibilities:Perform individual validation of AML...
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Toronto, Ontario, Canada Scotiabank Full timeJob Title: AML Model Validation ManagerScotiabank is seeking a highly skilled AML Model Validation Manager to join our team. As a key member of our Model Validation & Approval area, you will be responsible for providing individual and consistent model validation and approval across various risk types.Key Responsibilities:Perform individual validation of AML...
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AML Model Validation Manager
2 weeks ago
Toronto, Ontario, Canada Scotiabank Full timeJob Title: AML Model Validation ManagerScotiabank is seeking a highly skilled AML Model Validation Manager to join our team. As a key member of our Model Validation & Approval area, you will be responsible for providing individual and consistent model validation and approval across various risk types.Key Responsibilities:Perform individual validation of AML...
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Toronto, Ontario, Canada Scotiabank Full timeJob SummaryWe are seeking a highly skilled AML Model Validation Manager to join our team at Scotiabank. As a key member of our Model Validation & Approval area, you will be responsible for providing individual and consistent model validation and approval across various risk types.Key ResponsibilitiesPerform individual validation of AML models across the...
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Toronto, Ontario, Canada Scotiabank Full timeAbout the Role:The Model Validation & Approval area provides individual and consistent model validation and approval across various risk types, including market risk, retail/non-retail credit risk, operational risk, capital models, AML and other key risk/financial models.Key Responsibilities:Perform individual validation of AML models across the enterprise,...
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Toronto, Ontario, Canada Scotiabank Full timeAbout the RoleThe Model Validation & Approval area provides individual and consistent model validation and approval across various risk types, including market risk, retail/non-retail credit risk, operational risk, capital models, AML and other key risk/financial models.Key ResponsibilitiesPerform individual validation of AML models across the enterprise,...
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