The manager, GTB Transaction Monitoring is mandated to develop and maintain an efficient and effective AML/ATF Transaction Monitoring program that considers regulatory expectations, industry trends and innovation opportunities.

What is the opportunity?

Utilizing sophisticated tools and techniques, the Manager, GTB AML Transaction Monitoring will develop and tune new and existing solutions used to identify suspicious activity, analyze data to identify Correspondent Banking clients who present an elevated level of risk (financial & reputational) and continuously look for opportunities to provide more relevant and valuable intelligence to the Global AML program.

What will you do?

Development & Maintenance of AML Transaction Monitoring Solutions:

• Develop and maintain a documented Transaction Monitoring Methodology and related Model White Papers for all transaction monitoring models

• Select, design, build, implement and maintain transaction monitoring solutions necessary to provide effective controls and surveillance of identified AML/ATF risks

• Through quantitative and qualitative analysis establish thresholds and parameters used in Monitoring models

• Manage independent reviews (auditors, regulators, Model Validation etc) of monitoring solutions

• Collaborate with other Monitoring & Analytics teams to identify and remediate RBC risk exposure, and implement / tune transaction monitoring solutions as necessary to address risk

• Act as SME for data requirements used in transaction monitoring solutions

Transaction Monitoring Operational Support & Analysis:

• Collaborate with the Senior Manager to prioritize development of monitoring solutions

• Collaborate with other Monitoring & Analytics teams to identify and remediate RBC risk exposure, and implement / tune transaction monitoring solutions as necessary to address risk

• Provide project support relating to the development of AML Transaction Monitoring solutions

• Produce and analyze alert volume and projections reports and investigate anomalies

• Escalation and tracking of data related issues impacting efficiency and effectiveness of transaction monitoring solutions

• Support with the development of investigator tool kits

• Oversee the development and implementation of tactical and supplementary transaction monitoring solutions

• Subject matter support on all projects impacting transaction monitoring

Research and Development:

• Transaction monitoring innovation lead for new analytics/quantitative transaction monitoring methods and technologies

• Collaborate with business partners, industry peers and external vendors to improve effectiveness and efficiency of transaction monitoring program

• Identifying industry best practices and new technologies for strategic consideration by the AML Monitoring and AML Governance Committee

What do you need to succeed?

Must-have

• Strong data, analytical, quantitative method and problem solving skills

• Proficient with SAS and its macro language, SQL. Other expertise with Python, Hadoop, PySpark, or other related experience.

• Expertise in analyzing and manipulating large datasets with Python and SAS

• Proficiency and familiarity with different SQL databases and GitHub

• Experience in using data visualizations to elaborate model performance with Python

• Understands project’s needs and ability to translate these into detection models

• Proven excellent written and oral communication skills to convey complex concepts to a non-technical audience

• Strong capability in exploratory data analysis (correspondence analysis, principal component analysis, cluster analysis)

• Knowledge of Banking products is a bonus (Wire, Paper Items, Cash Management)

Nice-to-have

• Graduate degree (MBA or relevant subject matter area)

• Certified Anti-Money Laundering Specialist (CAMS) designation or other related certification

What’s in it for you?

We thrive on the challenge to be our best, thinking progressively to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact

• Work in an agile, collaborative, progressive, and high-performing team

• The opportunity to interface with executives from many different parts of the organization

Job Skills

Anti-Money Laundering (AML), Communication, Data Gathering Analysis, Detail-Oriented, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Process Management, Python (Programming Language), SAS

Additional Job Details

20 KING ST W:TORONTOTORONTOCanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2024-10-152024-10-30