Associate, AML Control, Global Transaction Banking - Toronto

What You’ll Do

Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

Represent GBP in key working groups across the bank in the development of new and amendments to existing AML and Sanctions Risk Management Policies

• Drive change and continuous improvement in client data matching and analysis by seeking stakeholder feedback, collecting best practices, synthesizing findings and enhancing processes.
• Lead key initiatives as assigned in AML and Sanctions Risk Assessment, Audit resolution coordination and regulatory response by collaborating with cross functional teams in achieving the multiple objectives in a global landscape and scope.

Ensure transparency and stakeholder alignment

• 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.
• Gather relevant information and produce monthly reports KPI and KRI reports for Senior Management outlining controls as it pertains to areas of GBP and high-risk clients.

Provide regular status updates and call out risks and issues to release and project timelines.

• Document the relevant workflows, responsibility matrix and other process elements with relate to the AML projects, continue to seek opportunities to improve the process efficiency and effectiveness.
• Collaborate with business and GBP technology partners to elicit information / data requirements and articulate requirements.

Works with technology to champion automation as appropriate by providing sound business analysis, requirements and conducting relevant testing.

• Performs 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 pursue 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.
• Champion a high-performance environment and contribute to an inclusive work environment.

What You'll Bring :

• Minimum of 3 years of experience in financial services
• University degree in Engineering, Computer Science, business or other related field
• Experience in business analysis, data analysis and process reengineering is preferred
• Fast learner, strong analytical skills and critical thinking capabilities.
• Strong communications, organizational, and planning skills
• Highly motivated; demonstrated ability to work under pressure and drive for result.
• Ability to prioritize and manage several milestones and projects efficiently
• Time-management skills and the ability to establish reasonable and attainable deadlines for resolution

Work Arrangement :

• Work in a standard office-based environment; non-standard hours are a common occurrence
• The Incumbent is required to sit at a desk continuously; however, there is opportunity for movement
• Concentrated use of visual attention is required when reviewing agreements. Some eye strain is possible due to this and the use of a PC
• Extreme stress is derived from pressure to meet deadlines including pressure from senior management
• Constant interruptions create difficulties when frequent complex analysis is required. Uncertain deadlines, the lack of control over the pace of decision-making by other Bank departments and some external counterparties at times can create frustration and delays
• Global coverage will require conference calls during Asian and European business hours

LI-Hybrid

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.