Manager, AML Analytics - Financial Engineering & Modeling

Role overview

Job type and work model

Key responsibilities

• Lead AML model development and validation engagements and advise on model risk, governance, and regulatory expectations.
• Develop, enhance, validate, and optimize models for customer risk rating, transaction monitoring, sanctions screening, and other financial crime frameworks.
• Assess model methodologies, data quality, assumptions, performance, and governance practices.
• Lead multidisciplinary teams, oversee delivery, review analyses, and present recommendations to senior stakeholders.
• Contribute to business development, thought leadership, and the growth of the AML Analytics practice.

Required experience and expertise

• Significant experience in AML model development and/or validation, with extensive experience monitoring and improving AML models.
• Strong knowledge of statistical modeling, machine learning, model performance, threshold optimization, segmentation, and outcome analysis.
• End-to-end model validation experience, including conceptual soundness, data and methodology assessment, replication testing, sensitivity analysis, benchmarking, and reporting.
• Deep knowledge of model risk frameworks and financial crime regulations, including SR 11-7, OSFI E-23, FINTRAC, BSA/AML, OFAC, FinCEN, FCA, and EU AMLD.
• Strong programming skills in Python, SQL, SAS, R, or similar technologies, with experience using large and complex datasets.
• Ability to lead engagements, manage teams, mentor junior practitioners, and communicate complex findings to senior stakeholders.

Preferred qualifications

• Five to eight or more years of relevant experience is identified as an ideal profile.
• A master's or PhD in a quantitative discipline is preferred.
• Experience with regulatory exams, internal audits, consent-order remediation, model governance, or independent assurance is highly desirable.
• CAMS, CFCS, CFE, FRM, or PRM certifications are considered an asset.

Compensation

• The stated salary range is CAD 101,000 to CAD 169,000.
• Eligible employees may participate in a bonus program and receive broader total rewards.