Associate Director, Global Governance & Controls Program Management - Toronto

Requisition ID : 205059

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

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years.

Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients.

Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals.

We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Purpose :

The GBM 1st Line Global Governance & Controls Program Management function is critical for GBM and a key part of the overall Bank’s effort for AML / ATF and Sanctions compliance.

In collaboration with various stakeholder groups within GBM and the bank, this role supports the effective design and execution of the program globally;

ensuring business strategies, plans and initiatives are carried out in compliance with governing regulations, internal policies, and procedures.

What You'll Do :

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Executes and maintains AML / ATF compliance controls and provides AML / ATF compliance expertise and support to the business and functional units that form the first line of defense.
• Support Director by proactively addresses gaps, identify opportunities, and leads changes for streamlining or automating end to end processes and controls to enhance compliant execution of AML and Sanctions program.
• Identify and gain a strong understanding of the key aspects of existing and pending regulations and laws governing Global Banking and Markets products, services, and processes.
• Develop, manage, and implement phased action plans or projects to ensure that Global Banking and Markets and by extension the Bank, is following existing and new regulations or laws.
• Support Director Global Governance & Controls Program Management on developing implementation strategies, detailed project plans, and monitoring progress against planned objectives related to GBM’s Internal Control program.
• Contributes to a positive risk culture and ensures day-to-day activities and decisions are undertaken in accordance with the Bank’s risk appetite in accordance with relevant policies and procedures.
• Provides input into the policies and procedures to support all new products / services / channels and recommends effective controls to ensure effective AML risk mitigation and regulatory compliance.
• Provide support to GBM regulatory related projects and support exam coordination.
• Lead for GBM AML and Global Governance & Controls Program Management lead initiatives, including Governance for CRR, ACRM, TPRM (AML) and Negative News
• Leads the ongoing review and maintenance of the Enterprise Product List and AML / ATF Product Risk Rating on behalf of the GBM business.
• Liaises with name screening solutions team to identify and address gaps with respect to GBM’s name screening controls globally.
• Executes and maintains compliance controls, provides compliance expertise, and support to the business and functional units that form the first line of defense.
• Perform ad-hoc, special, and / or focused data analytics as necessary, as well as other duties and projects as assigned, to support the overall GBM Global Governance & Controls Program Management program.
• Perform ad-hoc, special, and / or focused data analytics as necessary, as well as other duties and projects as assigned, to support the overall GBM AML program.
• 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 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.

What You'll Bring :

• This position supports the 1st line AML program globally for GBM. This requires an understanding of requirements under multiple jurisdictions, including Canada, US, Singapore, HK, and UK.
• A strong understanding of operational processes and technology will contribute to the success of the program. Continuous improvement of AML processes will be required throughout the program.
• The position may involve multiple deliveries with intense timeline as well as regular problem solving with high ambiguity and complexity
• Minimum 8 years’ experience in financial services
• University degree in business, finance, or other relevant field; MBA degree
• CAMS or Certified Financial Crime Specialist designations
• Strong knowledge of corporate banking, correspondent banking, capital markets products
• Experience in compliance programs; AML knowledge and experience
• Back office or middle office experience in capital markets, i.e., understanding of data flows
• Highly proficient Excel and PowerPoint skills with strong experience in developing executive level presentations.
• Working knowledge of Tableau / PowerBI Software’s (Preferred but not essential)
• Data and financial analysis experience is preferred.
• Change agent with high energy, demonstrated strong ability to work under pressure, deal with ambiguities and uncertainties, and drive for result.
• Ability to manage multiple compliance reviews and projects concurrently.
• Familiarity with the key products offered in GBM and related AML / ATF and sanctions functions

Work Arrangement :

This position is currently a hybrid role, with the expectation that you will work at least3 days a week in the office. Please note that this is subject to change based on the needs of the business.

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences.

That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.