Associate Manager, AMLATF Modeling and Analytics (12-month contract)

Toronto - Canada

Monthly Salary: Not Disclosed

Posted on: 4 hours ago

Vacancies: 1 Vacancy

Job Summary

Join a Challenger

Being a traditional bank just isnt our thing so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.

How do we get there With a talented team of inquisitive and agile challengers that break through the status quo. So if youre passionate about redefining the future of bankingwhile having funthis could be your next big opportunity.

Our company continues to grow and today we serve more than 670000 people acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks wholly-owned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$125 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples customers have named our EQ Bank digital platform () one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.

The Work

Reporting to the Associate Director AML/ATF Modeling and Analytics the Associate Manager AML/ATF Modeling and Analytics leads the AML modeling and analytics supporting Equitable Banks enterprise-wide AML/ATF program. The Associate Manager is responsible for execution of the strategy on modeling and analytics related to the name screening payment screening transaction monitoring and customer risk scoring models for AML/ATF program. The environment is fast-paced and requires the effective time management of multiple tasks and projects.

The Core Responsibilities!

Execute and maintain the Banks AML/ATF model development standards including sampling methodology.
Enhance AML/ATF rules/scenarios to be compliant with dynamic regulatory requirements and industry best practices.
Tune existing rules/scenarios to reduce false positives and improve the effectiveness and efficiency of program.
Document the rule/scenario/model methodology process assumptions etc. to enhance model governance and meet requirements of audit and regulatory exams.
Work with IT data teams and compliance teams to integrate models into monitoring platforms and systems.
Identify and implement best industry practices in model design including (not limited) conceptual soundness data preparation assumption management and comprehensive testing that fit the size of Equitable.
Explore advanced analytics such as AI and Machine Learning to identify AML/ATF patterns and emerging risks to improve detection capabilities.
Keep abreast of and stay updated on industry trends emerging risks and best practices and incorporate as appropriate and fit for the size of Equitable.
Provide guidance and mentoring to junior members of the team.
Provide timely and effective feedback to staff.
Develop and maintain effective relationships with the compliance teams business client risk management and technology to complete AML projects.
Provide technical input to technology other model developers and/or risk management groups in the development and implementation of rules and models.

Lets Talk About You!

Degree in Computer Science or IT masters degree preferred.
Minimum 5 years of experience in data and analytics.
Excellent analytical risk assessment and problem-solving skills.
Ability to successfully handle multiple competing priorities projects and timelines.
Excellent written and verbal skills required to communicate AML knowledge keep stakeholders informed and communicate requirements to external vendors
Excellent knowledge of statistical methods. Knowledge of machine learning methods is an asset.
Advance programming skills of Python and at least one of other programming languages/tools (e.g. R).
Advanced skills using statistical and data science related packages (pandas numpy scipy slearn).
Advanced knowledge of SQL is required.

What we offer For full-time permanent roles

Competitive discretionary bonus

Market leading RRSP match program

Medical dental vision life and disability benefits

Employee Share Purchase Plan

Maternity/Parental top-up while you care for your little one

Generous vacation policy and personal days

Virtual events to connect with your fellow colleagues

Annual professional development allowance and a comprehensive Career Development program

A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

The incumbent will be working hybrid and in office time will be spent working from Equitable Banks additional office space located at 2200-25 Ontario Street Toronto ON.

Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyones diverse experiences and tandem with that commitment we support and encourage our staff to grow not just in their career path but personally as well.

We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.

We cant wait to get to know you!

Required Experience:

Manager

Join a ChallengerBeing a traditional bank just isnt our thing so we challenge ourselves to get creative in providing innovative banking solutions for Canadians. How do we get there With a talented team of inquisitive and agile challengers that break through the status quo. So if youre passionate abo...