Aml Jobs in Toronto, ON

Requisition ID: 277353

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

Purpose:

As an Analyst, Business Risk Management, you will review how business activities across Wealth Management are performed, identify risks and issues, report findings and work with stakeholders to support improvement to overall control environment.

Is this role right for you? In this role you will:

• Review business processes, activities, and controls across Wealth Management to assess whether policies, regulations, and internal requirements are being followed.
• Work independently to execute planned testing engagement and analyze findings to identify recurring issues, emerging risks, trends, and opportunities for improvement.
• Prepare clear, concise, and well-supported reports that communicate findings, risks, impacts, and recommendations.
• Present findings and recommendations to stakeholders and management, ensuring observations are clearly understood and supported by evidence.
• Work collaboratively with business partners to discuss findings, develop corrective actions that address identified issues and strengthen controls.
• Review and validate remediation activities and supporting evidence to assess whether identified issues have been effectively resolved.
• Identify trends, gaps and opportunities and escalate to management as necessary
• Maintain expert knowledge of Wealth Management processes, policies, procedures, applications, and products related to non-financial risk, regulations (incl. AML/ATF & Sanctions), and policies.
• Contribute to the development, and continuous improvement of handbooks, standard operating procedures, test plans, methodology, schedules, and reporting.
• Perform ad-hoc, unique and/or focused reviews as necessary, and other testing duties and projects as assigned.
• Participate in/host presentations with business units as required.
• Develop and maintain strong knowledge of, and relationship with, Wealth Management Business Units, Wealth Management Operations, and various internal or external partners.

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

• 3+ years of experience in the financial services industry, specifically within Wealth management.
• Post-secondary education, preferably in Business Administration, Account, Finance or Risk Management.
• Experience in testing, audit, compliance, risk management, issue management or quality assurance an asset.
• Thorough knowledge of Anti-Money Laundering (AML) policies and procedures, system applications, operations and support functions.
• A thorough knowledge of Wealth Management delivery channels, products, benefits, services, operations and regulatory requirements is an asset.
• Working knowledge of regulatory requirement and governing bodies including AML/ATF, OSFI, OSC and CIRO.
• Strong attention to detail and a commitment to producing accurate, high-quality work.
• Exceptional planning and analytical skills with an ability to focus on critical issues.
• Excellent verbal and written communication skills, including experience preparing reports and presenting information to stakeholders.
• An ability to develop strong working relationships with partners/stakeholders, and influence change with numerous, cross-functional teams.
• High motivation and a demonstrated ability to multi-task and deliver in a fast-paced, challenging, and dynamic business environment.

Behavioural Competencies:

To be successful in this role, you demonstrate:
• Critical Thinking - Ability to assess information objectively, evaluate evidence, identify risks and issues, and draw sound conclusions.
• Attention to Detail - Ability to review documentation, data, and evidence thoroughly and accurately while maintaining a high standard of quality and consistency.
• Stakeholder Management - Ability to build and maintain effective working relationships with business partners, management, and control functions across the organization.
• Influence and Collaboration - Ability to communicate concerns, facilitate productive discussions, provide constructive challenge, and influence positive outcomes while working collaboratively with stakeholders.

Work Arrangement:

• Hybrid working environment with a minimum of four (4) days per week in office

Interested?

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

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.