Senior Manager, AML Advocacy & Industry Affairs

Requisition ID: 213219
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Reporting to the Director, Global Policy Development - Global Policies & Standards, the Senior Manager contributes to the effectiveness of the AML Program (including anti-money laundering, anti-terrorist financing, and sanctions) by driving the design and implementation of programs and initiatives aimed at monitoring evolving AML/ATF regulatory trends and their potential impacts on policies, standards, and business strategies. The Senior Manager maintains a proactive awareness of current and emerging regulations and industry issues to ensure Global AML Leadership is informed of developing risks and trends. They provide insights into significant enforcement actions against other banks that may be relevant to Scotiabank's AML Program, incorporating lessons learned. Additionally, the Senior Manager participates in shaping public policy through thought leadership and advocacy of Bank positions via industry forums, such as the Canadian Bankers Association (CBA).

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

1. Assist the Director in building and maintaining relationships with government and industry stakeholders associated with Canada's AML regime.
2. Monitor Canadian and international legislative and regulatory developments and/or trends, providing analysis and recommendations to the Director, and occasionally to Senior Leadership.
3. Analyze the text of proposed legislation and regulations, with a view to the potential impact on the bank's operations and clients.
4. Champion the interests of Scotiabank and its clients through effective communication and advocacy via industry bodies such as the Canadian Bankers Association (CBA).
5. Collaborate with internal stakeholders, including business units, legal, privacy, corporate security, government affairs, and other sub-units within Global AML.
6. Assist in preparing regular reporting to Management Committees and the Board on emerging AML risks and trends.
7. Provide subject matter expertise to help enhance the Bank's AML training and awareness programs for employees and stakeholders.
8. Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
9. Actively pursue effective and efficient operations of their respective areas in accordance with Scotiabank's Values, its Code of Conduct, and the Global Sales Principles.
10. Champion a high-performance environment and contribute to an inclusive work environment.

Do you have the skills that will enable you to succeed? We'd love to work with you if you have experience with:

1. A university degree, preferably in business, risk management, compliance, or a legal discipline, with a minimum of 5 years of relevant experience.
2. Expert ability to quickly read, analyze, and synthesize legal and regulatory documents.
3. Expert ability to communicate clearly and effectively, both verbally and in writing.
4. Ability to listen, understand, influence/negotiate, and obtain consensus from senior management.
5. Command a high level of knowledge of a wide variety of domestic and international regulatory requirements.
6. Thorough working knowledge of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and its regulations.
7. Knowledge of the financial services industry locally and globally.

What's in it for you?

• In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
• You'll be part of a diverse, collaborative, innovative, and high-performing team.
• We offer a competitive rewards package including performance bonus, Employee Share Ownership Program, and Pension Plan Matching.
• Health Benefits from day one!
• You will relish work-life balance, team events, and opportunities to participate in the community.
• Your career matters! You will have access to career development and progression opportunities.

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Location(s): Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas, helping our customers achieve success through a broad range of advice, products, and services. 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 during the recruitment and selection process, please let our Recruitment team know. 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.