QIC054 | Senior Analyst, Data Regulatory Reporting

QIC054 | Senior Analyst, Data Regulatory Reporting

21 Aug
Banque Scotia

21 Aug

Banque Scotia


Requisition ID: 116563

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Job Purpose

The Senior Analyst scrutinizes and evaluates FINTRAC regulatory reporting with a focus on analytical procedures for effective reporting.  Guided by Bank policy, receives direct supervision from the Senior Manager. Within a well-defined task, the Senior Analyst is expected to function independently while ensuring that management is kept informed and that problems and issues are escalated appropriately.

Key Accountabilities

- Provides senior management with consistent, consolidated, annotated reporting on AML regulatory reporting to FINTRAC, specific to Canadian legislation,

with specific emphasis on Large Cash Transaction Report (LCTR) and Electronic Funds Transfer Report (EFTR) requirements.

- Identifying unacceptable AML risks and escalating appropriately to Manager.

- Identify, track, and communicate system improvement opportunities and analytic defects, and participate in the implementation process.

- Assist in the creation and maintenance of analytical tools (Advanced Excel tools) and reporting dashboards (e.g. Tableau, PowerBI) in respect to FINTRAC regulatory reporting. 

- Assist in the development of business requirement documents and user acceptance testing of AML front end and detective controls. Participate in the operational implementation process by assisting in the creation of job aids and workflows, the development of communications and publications, the development of conversion and implementation strategies, training staff, and post-implementation support.

- Support and continuously improve the on-going initiatives in respect to AML regulatory reporting to FINTRAC, by providing ad hoc reporting, monitoring efficiency/effectiveness of reporting through analytical processes, soliciting feedback, and critically assessing procedures.

- Prepare documents for audit review and validate.

- 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, Enterprise AML/ATF Global Handbook and the Guidelines for Business Conduct.

-  Functional Competencies:

- A proven ability to critically assess, prioritizes tasks, and delivers meaningful results in a fast-paced environment.

- Basic knowledge of operational processes including best practices, current and anticipated regulatory requirements, Back Office processes, and the end-to-end workflows among the Front and Back Offices.

- Good interpersonal and communication skills in both oral and writing, and to ability exercise diplomacy and judgement, to effectively work with end users, members of project teams, and stakeholders across the global organization.

- Proficient with querying in database management software (e.g. Microsoft SQL Server Management Studio, Oracle, MySQL)       

- Proficiency in advanced functions in Microsoft Excel, such as VLOOKUP, Nested IFs, SUMIFs, Fuzzy Logic

- Proficiency with languages and tools: Python, VBA

- Proficiency with data analytics and visualization/ case management software, (e.g. Tableau, PowerBI).

- Working knowledge of XML an asset

- Proven ability to effectively analyse large amounts of transactional and case management data.

- Proven creative, self-starter, results-oriented, and highly motivated individual with good analytical skills in order to apply this knowledge to improve existing solutions and assist in the development of AML/ATF strategies.

- Strong knowledge of regulatory compliance, particularly with respect to FINTRAC regulatory reporting (including LCTR/EFTR).

- Experience with SWIFT EFT/Non SWIFT EFT/LCTR reporting (e.g. MT 103 messages)

 Education / Experience

- A recognized under-graduate degree in a business or technical discipline (Accounting, Finance, Data Science, Statistics or a related field) with a minimum of 2 years of related experience

Location(s):  Canada : Ontario : Toronto 

Scotiabank is a leading bank in the Americas. Guided by our purpose: ''for every future'', we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

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.

The original job offer can be found in Kit Job:

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