Scotiabank

Data Scientist, Fraud Threat Management

Scotiabank • $95K — $115K *
Toronto, ON M3C 0E3In-Person
Information Technology
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 3+ years of data science or machine learning experience
  • Bachelor's or Master's degree in a related field
  • Expertise in data management and big data tooling
  • Strong knowledge of math, probability, and statistics
  • Skilled in statistical methods and machine learning techniques
  • Familiarity with incident management and payment card security is a plus
  • Cybersecurity industry certifications are an asset
  • Bilingual in Spanish is an asset

Responsibilities

  • Transform data into actionable insights for incident and strategic decision-making
  • Work with diverse data types using big data technologies
  • Develop robust and maintainable code for analytics workflows
  • Use statistical methods and machine learning to enhance fraud detection
  • Maintain data models and improve analysis techniques
  • Support performance tracking of incident management KPIs
  • Contribute to the design and execution of fraud prevention strategies

Benefits

  • Work in a standard office environment with occasional non-standard hours
  • Opportunity for global travel
Full Job Description
Requisition ID: 273753

About the role

As a Data Scientist, you will bring a specialized data science background to cyber-fraud threat management. You will find and interpret rich data sources, merge data sources, and use data modeling and analysis techniques to create actionable insights relevant to cyber-fraud. You will support the end-to-end process of data exploration and present findings to a range of stakeholders. You will also help advance the scientific discovery process, including hypothesis testing, to solve cyber-fraud and related business problems.

This role provides direct incident support by managing tactical analysis in response to account-level attacks, coordinating rapid data insights, and helping contain exposure. You will also support prevention and early-detection strategies with highly skilled cross-domain data and cyber-fraud professionals.

What you'll be doing

  • Transform data and information into insights that inform tactical response to incidents as well as strategic decision-making.
  • Work with large volumes of data, including structured, unstructured, streaming, and other data, using big data technologies and techniques.
  • Develop robust code, including notebook-based workflows, reusable code packages and libraries, and related version control.
  • Use statistical methods and machine learning techniques to enhance insights, identify patterns, create visualizations, and improve early detection of cyber-fraud events.
  • Develop and maintain data models and structures to support advancing capabilities, creating and testing alternative methodologies, and improving analysis techniques.
  • Improve team-level processes that support analytics and insight.
  • Support the definition and tracking of key performance indicators related to incident management, and regularly report on team performance and effectiveness.
  • Support data analytics objectives and design solutions to help minimize cyber-fraud events.
  • Support the delivery of a roadmap that creates new capabilities and capacity for early detection and response to cyber-fraud incidents, enabling improved visibility, situational awareness, and use-case automation.
  • Help define the data and technology needed for Response Analytics and Insights to be successful in prevention and early detection of account-level attacks, while advancing capabilities and performance.
  • Support future direction on data strategy, including sources, data design, data integrity, and data and analytics tools.
  • Support the identification and escalation of systemic issues, recurring problems, and unrelated threats or vulnerabilities to the appropriate business, risk, or control owners through the team's Problem Management function.
  • Champion a data-driven culture for Incident Management.
  • Informally mentor other team members in Response Analytics and broader Incident Management.
  • Regularly recognize and reinforce high-quality work and behaviours of peers and others within the Bank that contribute to the success of the mission.
  • Act as a subject matter expert in big data as it relates to cyber-fraud prevention and response.
  • Understand and apply the Bank's risk appetite and risk culture to day-to-day activities and decisions.
  • Contribute to the overall success of the Global Fraud Management function by ensuring individual goals, plans, and initiatives are delivered in support of the team's business strategies and objectives, while ensuring compliance with governing regulations and internal policies, procedures, and standards.


What you bring to the role

  • 3+ years of data science or machine learning/engineering experience delivering high-quality analytics solutions.
  • Bachelor's or Master's degree in Computer Science, Statistics, Data Science, or a related data, quantitative, or engineering field.
  • Expertise in data management best practices and deriving insights from big data through a combination of on-premises and cloud tooling.
  • Strong knowledge of math, probability, statistics, and algorithms.
  • Skilled in using statistical methods, such as boosting, generalized linear models/regression, random forest, and social network analysis, as well as machine learning techniques, such as artificial neural networks, clustering, and decision tree learning.
  • Familiarity with incident management, threat intelligence, customer identity and access management, and payment card security business functions is a definite asset.
  • Related cybersecurity industry certifications, such as CISSP, CISM, CISA, GCIH, or similar, are an asset.
  • Bilingual in Spanish is an asset.


Working conditions

  • Work in a standard office-based environment; non-standard hours are a common occurrence, including on-call incident management support.
  • Some global travel may be required.


Location(s): Canada : Ontario : Toronto

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
Finance & Insurance
5 Year Trend
+7%
NASDAQ
BNS
* Ladders Estimates

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