Requisition ID: 130517
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Manages and oversees a team within the AML Operations, Triage unit ensuring all regulatory obligations, business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.
Oversees the day to day operations of the team which includes providing coaching and direction on alert adjudication.
Provides direction to analysts in the investigation and disposition of alerts generated by the Automated Transaction Monitoring System or manual referrals including Unusual Transaction Reports from branches.
Ensures that alert/case records and related documentation are in accordance with department standards.
Provides alert specific AML guidance to business units including specific direction on appropriate escalation procedures to mitigate risk associated with money laundering or terrorist financing.
Ensures effective and efficient operations of the department while ensuring the adequacy of, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, regulatory, compliance and AML/ATF risk as outlined in Scotiabank’s policies and procedures.
Identifies opportunities for process and system improvements and taking a leading role in the implementation process.
Ensures direct reports are held accountable for meeting and maintaining expected targets/standards as described in their Job Descriptions, Annual Performance Plan, Enterprise-wide Policies and procedures and user guides.
Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.
Education / Experience
Post-Secondary education with a minimum of 5 years of experience in AML, Compliance and/or Audit capacity in a financial institution; or its equivalent in education and years of experience. In addition,
Certified Anti-Money Laundering Specialist or Certified Financial Crime Specialist designation is an asset.
Solid knowledge of local and major international AML/ATF regulations and regulatory reporting framework.
Ability to build strong cross-functional business relationships.
Ability to identify and implement continuous improvement initiatives to drive operational efficiency without compromising compliance requirements.
Problem solving skills to deal with complex operational issues.
Knowledge of case management and analytics reporting.
Proven experience implementing process enhancements as well as the experience to oversee the resolution of process deficiencies.
Demonstrated integrity when working with colleagues and leading others by setting example of required behaviours.
Excellent written and verbal communication skills, able to manage difficult conversations.
Practical knowledge of branch operations and culture.
Results oriented, highly motivated with a keen ability to influence others.
Self-reliant and pro-active approach to work.
Strong analytical, problem-solving and critical thinking skills with solid organization and time management skills.
Supervisory experience of diverse teams and coaching skills required.
Receives direction from the Senior Manager, Triage and other senior management as appropriate on significant legal, regulatory and reputational risk and policy matters.
Location(s): Canada : Ontario : Mississauga
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. 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.