Senior Manager, IB AML/ATF & Sanctions Internal Control (12 Months Contract)

Requisition ID: 211960
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

International Banking

Scotiabank is Canada's most international bank, with an international presence unmatched by other Canadian Banks. Our operations include providing a full range of financial products, solutions and advice to retail, small business and commercial customers in Latin America, the Caribbean, Central America, and the Asia Pacific. In addition, our partnerships with associated corporations in China, Curacao, Thailand, and Venezuela provide an entire suite of personal, commercial, wealth management and insurance services to over 24 million customers globally.

Purpose

The role acts as an Anti-Money Laundering / Anti-Terrorist Financing (AML/ATF) & Sanctions subject matter expert and contributes to the overall success of the AML/ATF & Sanctions Program in International Banking, ensuring specific individual goals, plans, initiatives are executed /strategies and objectives. Ensures all activities conducted follow governing regulations, internal policies, and procedures.

The Senior Manager, IB AML/ATF & Sanctions Internal Control will work very closely with the AML Advisors and AML Risk teams in the execution of Money Laundering, Terrorist Financing and Sanctions (collectively AML) program across International Banking jurisdictions. The role proactively identifies internal and external AML risk drivers, AML risk mitigants and supports the development of action plans to manage AML risk.

What You'll Do:

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Building and maintaining current, detailed knowledge of AML matters including AML risk drivers and typologies, AML and Sanctions regulatory requirements and best practices.
• Execute AML risk assessments for products or services across Assessable Units in International Banking. Evaluate inherent risk associated with customers, products, services, and geographic locations, identifying areas with greater AML risk, and assessing the level of risk mitigation in place.
• Provide input, support the maintenance and enhancement opportunities to improve the AML risk framework including the risk methodologies, policies, and standards.
• Responsible for providing advice and direction to the AML Advisors and applicable lines of business educating them on AML risk.
• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF & Sanctions Policies & Standards and the Guidelines for Business Conduct.
• Champions a high-performance environment and contributes to an inclusive work environment.

What You'll Bring:

• Knowledge and understanding of AML risk, Money Laundering/ Terrorist Financing typologies and techniques, AML legislation and regulatory expectations.
• Knowledge of Sanctions legislation and regulatory expectations.
• Analytical Thinking - Knowledge of Audit, internal controls, or similar oversight procedures.
• Communication - Ability to communicate, written and verbally, with cross functional groups and senior levels of management and clearly document the results of work performed.
• Problem Solving - Ability to identify potential solutions to systemic issues in consultation with senior management.
• Minimum of 10 years in the Financial Services industry including experience in Operational Risk, AML Risk or Audit.
• University Undergraduate Degree.
• AML Designation (CAMS) is an asset.
• Spanish language proficiency.

Work Arrangement:

• Work in a standard office-based environment; non-standard hours are a common occurrence. Limited travel internationally.

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.

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.