AML Model Validation Team Lead

2 days ago

Toronto, Ontario, Canada Scotiabank Full time
About Scotiabank

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

About the Role

We are seeking a Manager, Model Validation to join our AML Model Validation team. The incumbent will be independently executing data management and model quality assurance testing/validation work according to the AML model validation frameworks.

Job Responsibilities:
  • Perform individual validation of AML models across the enterprise, including transaction monitoring, client risk rating, sanction screening, watch list, etc.
  • Liable for delivering model validation solution according to work plan; find and execute data verification and quality assurance assessments and model implementation tests; identify material improvement opportunities in the model inputs being confirmed.
  • 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 assist to resolve outstanding audit and regulatory issues, and to respond to ad hoc senior management and regulatory requests.
Required Skills and Qualifications
  • 1+ year of experience in the 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 preferred.
  • 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 required.
  • 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 language, such as SQL, SAS, R, Python, VBA, MATLAB, etc.
  • Experience with Oracle Mantas AML solutions or knowledge of AML models and tools an asset.
  • 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 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 an asset.
Estimated Salary: $120,000 - $180,000 per annumAbout You

You have 1+ years of experience in data management or data architect roles, with a strong understanding of data analysis and statistical techniques. You are proficient in programming languages and have experience working with relational databases. You have excellent communication and presentation skills, and are able to work independently and collaboratively as part of a team.

  • AML Model Validation Manager

    4 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    Requisition 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...

  • AML Model Validation Manager

    3 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    Requisition ID: 203166At Scotiabank, we are committed to maintaining the ongoing effectiveness of our AML model validation program. We are seeking a Manager to provide assist and execution within our AML Model Validation team.The Manager will be independently executing data management and model quality assurance testing/validation work according to the AML...

  • Data Validation Lead

    7 days ago

    Toronto, Ontario, Canada Scotiabank Full time

    Job DescriptionThe Data Validation Lead - Anti-Money Laundering Models is responsible for providing individual and consistent model validation and approval across various risk types. The role involves assist and execution within the AML Model Validation team to ensure that Scotiabank maintains ongoing effectiveness of the AML model validation program.Key...

  • AML Team Lead

    4 weeks ago

    Toronto, Ontario, Canada Randstad Canada Full time

    Job Title: AML Team LeadWe are seeking an experienced AML Team Lead to join our team in Toronto. As a key member of our compliance team, you will be responsible for leading a team of AML professionals and ensuring the effective implementation of our anti-money laundering policies and procedures.Key Responsibilities:Lead a team of AML professionals and...

  • AML Team Lead

    4 weeks ago

    Toronto, Ontario, Canada Randstad Canada Full time

    Job Title: Team Lead-AMLWe are seeking a highly skilled and experienced Team Lead-AML to join our team in Toronto. As a Team Lead-AML, you will be responsible for leading a team of professionals in the execution of anti-money laundering (AML) processes and ensuring compliance with regulatory requirements.Key Responsibilities:Ensure the effective execution of...

  • AML Team Lead

    4 weeks ago

    Toronto, Ontario, Canada Randstad Canada Full time

    Job Title: Team Lead AMLAre you a seasoned professional with expertise in Anti-Money Laundering (AML) and Financial Crime? Do you have a proven track record of leading high-performing teams and driving business growth? We are seeking a talented Team Lead AML to join our team at Randstad Canada.Key Responsibilities:Ensure the execution of AML processes in...

  • Team Lead AML Position

    3 weeks ago

    Toronto, Ontario, Canada Randstad Canada Full time

    Job Title: Team Lead AMLWe are seeking a highly skilled Team Lead AML to join our team at Randstad Canada. As a Team Lead AML, you will be responsible for ensuring the process is executed as per the client contract, conducting briefings and debriefings, and preparing notes and presentations for the team and client.Responsibilities:Ensure the process is...

  • AML Team Lead Position

    1 week ago

    Toronto, Ontario, Canada Randstad Canada Full time

    Job Summary: We are seeking a highly skilled AML Team Lead to join our team at Randstad Canada. As a Team Lead-AML, you will be responsible for ensuring compliance with regulatory requirements and leading a team of professionals in the detection and prevention of money laundering.

  • Model Validation Expert

    4 weeks ago

    Toronto, Ontario, Canada Intact Financial Corporation Full time

    At Intact Financial Corporation, we're seeking a highly skilled Model Validation Specialist to join our Risk Management team. As a key member of our team, you'll be responsible for leading the independent review, validation, and challenge of our Canadian internal economic capital model. This includes structuring and executing internal model validation and...

  • Senior Manager, Managed Services Lead

    4 weeks ago

    Toronto, Ontario, Canada AML RightSource, LLC Full time

    Senior Manager, Managed Services LeadJob SummaryWe are seeking a highly experienced Senior Manager to lead our Managed Services team. The successful candidate will have a strong background in AML/FC and project management, with a proven track record of delivering high-quality results in a fast-paced environment.Key ResponsibilitiesLead day-to-day operations...

  • AML Team Lead Position in Toronto

    2 days ago

    Toronto, Ontario, Canada Randstad Full time

    About the Role:Our client, a leading organization, is seeking an experienced Team Lead-AML for a 6-month contract in Toronto. This onsite role offers a unique opportunity to further develop your skills within a dynamic team.Job Summary:As a Team Lead-AML, you will be responsible for managing and coaching a team of professionals, utilizing your excellent...

  • Senior Director, Client Services Lead

    4 weeks ago

    Toronto, Ontario, Canada AML RightSource, LLC Full time

    Job Title: Senior Director, Client ServicesAt AML RightSource, we are seeking a highly skilled and experienced Senior Director, Client Services to join our team. As a key member of our leadership team, you will be responsible for leading and supervising managers and analysts on client projects, ensuring the successful delivery of our services.Key...

  • Senior Manager, AML Testing Lead

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job Opportunity: We are seeking a highly skilled Senior Manager, AML Testing Lead to join our team. The successful candidate will be responsible for designing, planning, and executing test cases using their expertise in testing methodologies, processes, and reporting functions. The Senior Manager will also manage the testing schedule, support development...

  • Aml Testing Lead and Senior Manager

    2 days ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job Title: Aml Testing Lead and Senior ManagerCompany Overview: Royal Bank of Canada is a leading financial institution with a commitment to excellence and innovation.Estimated Salary: $140,000 - $170,000 per year, depending on experience and qualifications.Job DescriptionJob Summary: We are seeking an experienced Aml Testing Lead and Senior Manager to join...

  • Director of Architecture

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Job SummaryJob DescriptionJob Summary:We are seeking a highly experienced and strategic leader to lead the architectural design and technology strategy for the Anti-Money Laundering (AML) unit. This role will ensure the delivery of high-quality solutions in compliance with regulatory requirements, while supporting the organization's overall risk management...

  • AML Team Lead Position in Toronto

    6 days ago

    Toronto, Ontario, Canada Randstad Canada Full time

    Are you a seasoned professional with experience in Anti-Money Laundering (AML) and team leadership? Do you have a strong track record of managing high-performing teams and driving business growth?Randstad Canada is currently seeking an AML Team Lead to join our client's team in Toronto. This is a fantastic opportunity for an experienced leader to take on a...

  • Investigations Manager, AML Team Lead

    4 weeks ago

    Toronto, Ontario, Canada Neo Financial Full time

    Job DescriptionNeo Financial is seeking a highly skilled Investigations Manager to lead our Anti-Money Laundering (AML) team. As a strategic leader, you will be responsible for implementing best practices, coaching and mentoring a team of AML Investigators, and driving process improvement to reduce false positives.Key Responsibilities:Lead and mentor a team...

  • Advanced AML Compliance Expert

    1 week ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job DescriptionOpportunity OverviewThe Senior Manager, AML Testing Lead will independently design, plan, and execute test cases using their expertise in testing methodologies, processes, reporting, and monitoring functions. The Senior Manager will also manage the testing schedule, support development exercises, identify errors in the code, document test...

  • Senior Manager

    2 days ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job OverviewWe are seeking a seasoned Senior Manager to join our Model Risk Audit Team at Royal Bank of Canada. This is an exciting opportunity for a highly skilled professional to leverage their expertise in model risk management and audit.About the RoleThis key role will involve leading technical audit engagements related to various models, including AML,...

  • Data Scientist, AML Analytics Specialist

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job Opportunity: We are seeking a highly skilled Data Scientist to join our team in AML Transaction Monitoring. The successful candidate will be responsible for developing and maintaining an efficient and effective AML/ATF Transaction Monitoring program that considers regulatory expectations, industry trends, and innovation opportunities.Key...