Requisition ID: 219983
As a cornerstone business within Scotia Wealth Management®, ScotiaMcLeod has earned a reputation for integrity based on service excellence and trusted investment advice. Our advisors and teams pride themselves on exploring innovative approaches to protecting and growing their clients' assets.
When you join ScotiaMcLeod, you'll be empowered to deliver Enriched Thinking®, a unique approach that incorporates your client's thinking, as well as our thinking, to drive results. You'll work with a team of specialists to deliver a client-centric approach to wealth management, enabling you to consider all the facets of your client's life, family and business. With a focus on total wealth planning, and wealth specialists to help you deliver on this unique value proposition, you'll be enabling clients to see not just the big picture, but all the little ones too.

INTRODUCTION:

The Senior Manager, AML and Regulatory, ScotiaMcLeod is responsible for driving AML program and regulatory initiatives in the execution, implementation, communication and monitoring of AML and Sanctions program policies, procedures, standards, business strategies, objectives and activities to reduce the risk of financial loss, damage to reputation, regulatory sanction and litigation, fines, and penalties for ScotiaMcLeod.

WHAT YOU'LL BE DOING
In this role you will:

• De-market clients that pose an unacceptable AML or sanctions risk to The Bank including correspondence, follow-up, tracking and account closing.
• Monitor and mitigation of sanction risks including trading in Sanctioned securities.
• Act as the go-to SME for ScotiaMcLeod branches, operations and management, providing expert guidance and excellent support with respect to AML and Sanctions Policies and Procedures.
• Ensure the efficient and timely monitoring, managing and responding of the e-mail intake box specific to AML for National Supervision.
• Provide input regarding the effectiveness of existing policies/procedures, and/or recommendations for changes / improvements, taking into consideration ongoing regulatory developments.
• Maintain an awareness of legislative and regulatory initiatives, emerging trends and industry best practices and their potential impact on existing policies and procedures.

DO YOU HAVE THE SKILLS

We'd love to work with you if you have:

• A minimum of 5 years' experience working in an AML or regulatory capacity or in a securities sector setting within a financial institution.
• CAMS or CFCS certification required
• Canadian Securities Course Preferred
• French is an asset
• Spanish is an asset
• Excellent written and verbal communication skills and ability to manage difficult conversations.
• Strong organizational and time management skills to deal with pressing priorities deliverables and timelines.
• Highly motivated, innovative, and results-oriented individual with excellent analytical, written and communication skills, and strong risk management skills.

WHAT'S IN IT FOR YOU:

At ScotiaMcLeod we help employees build their futures – where they can be themselves, and win together. With a commitment to diversity and inclusion and a performance-oriented culture that includes coaching, learning, and development – there are endless possibilities. At ScotiaMcLeod– you can make an impact. You help make the futures of our 25 million customers happen. You can find your future here.
The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
An organization committed to making a difference in our communities– for you and our clients.
An inclusive working environment that encourages creativity, curiosity and celebrates success.
Learning and Development – free access to Scotia Academy to upskill and develop your skills

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.