Manager, Model Validation & Ongoing Monitoring - Fraud

 

 

 

Requisition ID: 259370

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Purpose

 

Contributes to the overall success of International Banking (IB) Fraud Management by leading and delivering advanced analytics support for the regulatory validation and ongoing monitoring of fraud prevention models and rules across the IB region. The role ensures that analytical initiatives related to model implementation, validation, and performance monitoring are executed effectively, in alignment with internal model risk standards, external regulatory requirements (OSFI E-23 guidelines) and business objectives. All activities are conducted in compliance with governing regulations, internal policies, and procedures.

Accountabilities 

 

•    Support the end-to-end analytical validation process for new fraud prevention models and rules prior to implementation in production across International Banking markets. 

•    Lead the ongoing performance monitoring of fraud models and rules currently in production, including stability, effectiveness, and risk metrics. 

•    Ensure a high level of rigor, accuracy, and attention to detail in all analytical deliverables, recognizing that outputs form part of formal regulatory and governance requirements. 

•    Act as a key analytical partner to internal stakeholders, including International Banking country teams, Advanced Analytics in Canada, and local and global validation teams. 

•    Coordinate effectively with external vendors and model developers to support model validation and performance analysis. 

•    Ensure alignment with the OSFI E23 regulation and the bank’s model risk management standards, framework and policy.

•    Manage, coach, and develop a team of Fraud Analytics Specialists, promoting a high-performance and inclusive work environment. 

•    Leverage Python, Power BI, and cloud-based data platforms to execute monitoring, reporting, and analytical processes.

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

•    Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk. 

•    Champions a high performance environment and contributes to an inclusive work environment

 

Reporting Relationships

Primary Manager:  Senior Manager IB Fraud Analytics
Direct Reports:    Specialist Model Validation & Ongoing Monitoring (2)
Shared Reports:    •N/A
         
Dimensions

•    People leadership: Direct management of 2 Fraud Analytics Specialists 
•    Geographic scope: International Banking countries (Mexico, Caribbean, Chile, Peru, Uruguay), Other International Banking fraud teams (Oversight, Merchant, etc.)
•    Relevant projects: Remediation of IB Fraud Rules validation and monitoring, Monitoring process flow for ~30models. 
•    Systems & tools: Python, Power BI

Education / Experience / Other Information

•    Bachelor’s degree in quantitative discipline (Statistics, Mathematics, Engineering, Economics, Computer Science, or similar). (must have)
•    3 - 5 years of experience in analytics, model developing, model validation, or model monitoring within financial services. (must have)
•    Highly developed management skills to coordinate and delegate activities, and develop and maintain quality performance
•    Leadership (nice to have)
•    Advanced working knowledge of Python and Power BI (must have).
•    Strong attention to detail and demonstrated rigor in analytical reviews supporting regulatory deliverables. 
•    Knowledge of model risk management and regulatory monitoring processes is desirable. 
•    Experience working with SQL and data in Microsoft cloud environments (e.g., Azure-based platforms) is desirable. (nice to have)
•    Professional proficiency in English.(Intermediate) min B1 (must have)

Location(s):  Colombia : Bogota : Bogota 

Scotia GBS is a Scotiabank Group company located in Bogota, Colombia created to support different processes of the Bank and the development and execution of its global services strategy in 15 countries in the Americas. It is composed of 7 service units. We offer an inclusive, positive work environment, and competitive benefits.

At ScotiaGBS, 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. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at ScotiaGBS; however, only those candidates who are selected for an interview will be contacted.