Scotiabank

Senior Analyst, Mortgage Security - Toronto

Scotiabank • $80K — $95K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Post-secondary education required
  • Knowledge of mortgage origination, underwriting, and documentation standards
  • Proficiency in Microsoft Excel, PowerPoint, and mortgage-related software
  • Ability to analyze data outputs and identify risk indicators
  • Experience with mortgage files and enhanced due diligence assessments is an asset
  • Familiarity with RESL systems and processes, including MIMS
  • Excellent written communication skills for clear reporting and escalation

Responsibilities

  • Act as a resource for mortgage fraud and reputational risk assessments
  • Support file reviews and due diligence assessments for elevated risk issues
  • Provide AML and KYC support for mortgage reviews
  • Review mortgage applications and documentation for quality and fraud indicators
  • Conduct analytics-driven sampling and trend analysis across mortgage channels
  • Identify and communicate risk themes arising from reviews and analytics
  • Ensure operations align with the Bank's risk appetite and compliance culture

Benefits

  • Opportunity to influence the integrity and risk posture of a key business area
  • Chance to contribute to a high-performance and inclusive work environment
  • Support for professional development and career growth within the organization
  • Engagement with internal and external stakeholders to enhance credibility
  • Be a part of building a strong fraud and AML risk culture
Full Job Description
Requisition ID: 274122

Purpose:

This role contributes to the overall success of the Real Estate Secured Lending (RESL) business in Canada by supporting mortgage-related fraud, AML, and reputational risk reviews across branch, broker, and Home Financing Advisor (HFA) channels. The Senior Analyst conducts file reviews, enhanced due diligence assessments, income verification and accountant statement follow-up, and analytics-driven sampling to identify misrepresentation, emerging patterns, key risk indicators, and potential control gaps. The role applies data, tools, and analytics expertise to support the investigative process, consolidate investigative findings, identify common findings, and recurring risk themes. The role supports timely risk identification, consistent investigative practices, and informed escalation recommendations in alignment with governing regulations, internal policies, procedures, and the Bank's risk appetite.

Is this role right for you? In this role you will:
  • Acts as a key resource for mortgage fraud risk, investigative assessments, and reputational risk matters, applying sound judgement to reviews involving mortgage brokers, Home Financing Advisors, underwriters, branch originators, and clients.
  • Supports file reviews and targeted due diligence assessments where elevated fraud, AML, policy, documentation, or reputational risk concerns are identified, including income misrepresentation, down payment integrity, occupancy concerns, and application quality issues.
  • Provides AML, KYC, and Enhanced Due Diligence support for mortgage-focused reviews, including unusual transaction reporting considerations, quality assurance observations, and trend analysis to identify emerging or systemic fraud concerns.
  • Reviews mortgage applications, supporting documentation, and available data points for indicators of application quality issues, and other mortgage fraud typologies and prepares clear investigative summaries, supportable conclusions, and recommended next steps for review and escalation as appropriate.
  • Contributes to analytics-driven mortgage sampling by reviewing data outputs and identifying trends, patterns, outliers, and key risk indicators across branch, broker, and HFA channels.
  • Identifies, analyzes, and communicates risk themes arising from file reviews, quality assurance observations, and analytics-led sampling to support consistent investigative standards, control enhancements, and coordinated responses with RESL, Corporate Security, AML, and other partners.
  • 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 their respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
  • Champions a high performance environment and contributes to an inclusive work environment.


Dimensions
  • Supports specialized mortgage investigations that influence the integrity and risk posture of the Real Estate Secured Lending business.
  • Requires strong attention to detail, sound analytical judgment, and the ability to manage multiple reviews or sampling priorities while maintaining clear documentation and timely communication.
  • Supports investigative work driven by analytics, risk indicators, file review findings, and emerging fraud trends, promoting disciplined assessment, consistent methodology, and high-quality outcomes that support sound business decisions and reinforce RESL's control environment.
  • Acts as a point of contact for front-line, business, and customer-related matters where potential misconduct, fraud, AML concerns, or reputational risk is identified, applying measured judgment and escalating sensitive or high-impact issues to senior leadership as required.
  • Supports internal and external stakeholder engagements by contributing clear, defensible information on investigative findings, risk observations, file review outcomes, and remediation considerations involving RESL mortgage activity.
  • Supports building credibility amongst partners by shaping fraud and AML risk expectations, strengthening inter-departmental collaboration, and helping to anchor RESL's reputation as a well-governed and ethically led mortgage business.
  • Contributes to enhancing RESL's fraud and AML risk culture.


Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
  • Post-secondary education
  • Working knowledge of mortgage origination, underwriting standards, documentation requirements and common indicators of fraud or misrepresentation
  • Comfort working with Microsoft Excel, PowerPoint, dashboards, case management tools, Copilot/AI tools and/or mortgage systems to support sampling, trend identification, and investigative review.
  • Demonstrated ability to review data outputs, identify patterns, outliers, and key risk indicators, and translate observations into clear summaries
  • Experience reviewing, mortgage files, fraud applications, quality assurance samples, enhanced due diligence cases, or risk-based documentation is an asset
  • Working knowledge of RESL systems, processes, and controls, including MIMS or related mortgage adjudication and documentation platforms.
  • Strong written communication skills, with the ability to document findings clearly, support conclusions with evidence and escalate matters appropriately


Location(s): Canada : Ontario : Toronto

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.

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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