Requisition ID: 87467
Join the Global Community of Scotiabankers to help customers become better off.
As the Manager, Fraud Analytics, you will contribute 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. You will ensure all activities conducted are in compliance with governing regulations, internal policies and procedures.
In addition, the Manager will proactively contribute to the Fraud strategy by applying advanced analytics techniques to enhance fraud mitigation capabilities for multiple products across the Canadian Retail portfolio, including Day to Day Banking, Credit Cards, Unsecured Lending Products, Mortgages and Global Payments.
What will your role be?
Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Develop, execute and monitor fraud strategies for Wire, Cheque Deposit, Account Takeover etc. in Commercial Banking, Day to Day Banking, unsecured and secured lending products
Report regularly on performance of existing fraud strategies deployed in Canadian Banking
Identify improvements of existing fraud strategies, procedures and policies
Maintain performance reporting and liaise with business partners to assess trends that may impact the business
Drive strong partnership with Fraud Operations to identify opportunities for improvement with focus on risk/return while ensuring alignment.
Identify and escalate fraud risks that are or will become in excess of the Risk Appetite
Leverage data mining tools (SAS, Python, R) to formulate fraud strategies that minimize fraud losses while maintaining a positive customer experience and controlling operating costs
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
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.
Actively 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
Skills you already have
A University degree in statistics, mathematics or computer science
3-5 years analytical experience preferred including statistical analysis, ideally related to Fraud Analytics or Risk Management
Strong coding, organizing and manipulating large amounts of data (SAS, R, Python)
Experience with PRM or similar fraud platform strongly desired
Strong prioritizing, planning, analytical, presentation, project management, and relationship building skills
Strong communication skills essential with clients, vendors and management
Must be self-motivated, energetic and results-oriented and be committed to adding value to the organization
This role is located at Wynford Dr.
Location(s): Canada : Ontario : North York
As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.
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.