Job Description

Requisition ID: 204927Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Purpose:Leads and oversees AML Operations, Triage and Case Investigations teams, ensuring AML related regulatory obligations, business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.Is this role right for you? In this role, you will:

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Provides tactical and strategic support to AML Operations relative to the investigation and management of AML/ATF Automated Monitoring System (AMS) Alerts, Unusual Transaction Reports (UTRs) and Referrals as assigned, ensuring operational and reputational risks are duly managed from a Scotiabank Group perspective.
• Support the implementation of new AML/ATF methodologies and monitoring tools to mitigate new and emerging ML/TF risks while conducting ongoing analysis of core operational processes to identify potential procedural gaps and foster an environment of continuous improvement.
• Foster communication with business lines, branches, and subsidiaries to acquire necessary information and timely responses to requests for information.
• Manage Intake, Triage and Case Investigations teams to ensure alert/case adjudication is completed in a timely manner and in accordance with regulations and SLAs.
• Evaluate the potential risk posed by activity reported by business units and where applicable, assess the Bank\'s exposure to relevant customers. Participate in formulating appropriate risk mitigation strategies.
• Maintain accurate and complete records of alert assessments and case investigations including the rationale for concluding whether activities are unusual or suspicious and whether customers represent higher or unacceptable levels of risk.
• Acquires extensive knowledge of local and significant and relevant international AML laws and regulations.
• Develops expertise with the applicable case management systems, bank information systems and analytics reporting tools.
• Reviews relevant Management Information Reports and other analytics tools provided and where risk related or productivity concerns or anomalies are identified, ensures necessary action is taken and issues are escalated to the Triage Director.
• Employing AML related systems and process expertise and experience, identify and implement process enhancements and oversee the resolution of systems and/or process deficiencies.

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

• Experience in an AML, audit or compliance role is an asset.
• Ability to identify and implement continuous improvement initiatives to drive operational efficiency without compromising compliance requirements.
• Prior experience leading a team is required.
• ACAMS/CAMS Designation is an asset.

Work Arrangement: This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.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 : TorontoScotiabank 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 . 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.

Scotiabank