Senior Model Risk Specialist, Anti Money Laundering & Fraud

Job description

Application Deadline: 05/25/2026 Address: 100 King Street West Job Family Group: Audit, Risk & Compliance Success in this role depends on a strong foundation in AML AND model validation—particularly within AML and fraud models—paired with solid hands‑on skills in SAS, Python, and SQL. Mandate: Assist the Senior Manager and Director of the AML & Fraud Model Validation (MV) team with enterprise-wide management of model risk so that the bank is not subject to unjustified (in a risk vs. return framework), undue, and unidentified risks due to the use of models and promoting the transparency and understanding of models and model risks used across the Bank in AML & Fraud areas. The mandate of this position is summarized as follows: - Effectively identify risks associated with models; timely, accurately and independently assess models used in the areas of responsibility; and tactfully provide the recommendations to model owners and users to mitigate the risks - Assist the Senior Manager to develop/continuously enhance model validation methodology; and conduct validation - Ensure that the models (development, documentation, usage, etc.) in AML & Fraud areas are compliant with the Bank’s Ent...