Requisition ID: 222776
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Reporting to the Senior Manager, AML Advisory, Canadian Banking (CB) / Global Wealth Management (GWM), the Senior Analyst contributes to the success of the AML Advisory Team within the second line of defense by assisting with the provision of effective challenge, driving the continuous improvement of procedures within assigned business units, and ensuring that controls effectively manage AML/ATF and Sanctions risks.

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

• Support the Senior Manager with the timely delivery of advice and counsel to assigned business units.

• Support projects and/or control reviews within cross-functional teams.

• Support the execution of AML Risk Assessment Methodologies in accordance with internal policies, procedures, and standards.

• Communicate and support collaboration with business lines, operational units, and other First and Second Line AML stakeholders.

• Ensure all deliverables are completed within negotiated timeframes and established department guidelines and protocols, escalating as necessary.

• Maintain proper records of deliverables within the team's Shared Drive and SharePoint site, including advice and counsel and supporting documents.

• Support the maintenance of records and processes relating to Regulatory Compliance Management and Records & Information Management as necessary.

• Analyze data as required to support project deliverables.

• Maintain ongoing processes related to advisory and metrics.

• Support ongoing bi-weekly team meetings, including preparing agendas, drafting meeting minutes, and identifying and tracking action items, as appropriate.

• Develop and maintain sound knowledge and understanding of the Bank's AML policies, standards, and procedures, the Proceeds of Crime Money Laundering and Terrorist Financing Act (PCMLTFA) and Regulations (PCMLTFR), and industry best practices.

• Contribute to a positive risk culture and ensure day-to-day activities and decisions are undertaken in accordance with the Bank's risk appetite.

• Perform other supporting and/or ad-hoc tasks and activities, as needed.

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

• Bachelor's degree and/or related work experience with a minimum of 1-2 years of experience in a related field (i.e., AML, Compliance, Audit, etc.).

• Understanding of Canadian AML/ATF and Sanctions regulatory requirements, including the Proceeds of Crime Money Laundering and Terrorist Financing Act (PCMLTFA) and Regulations (PCMLTFR), Designated Persons Listings and Sanctions Laws, as well as FINTRAC Guidelines.

• Understanding of AML/ATF and Sanctions risks with respect to the Bank's business lines, geographies, client types, products, services, transactions, etc.

• Demonstrated integrity when working with colleagues by setting an example of required behaviors.

• Excellent teamwork, interpersonal (written and verbal communication) skills, and proactivity to build cross-functional business relationships and trust amongst all internal and external stakeholders.

• Ability to support complex projects and initiatives across different businesses concurrently.

• High internal client focus and high-risk management focus.

• Curious, results-oriented, and highly motivated.

• Working knowledge and understanding of the Bank's objectives, strategies, and business activities.

• Proficient with MS Word, Excel, and PowerPoint. Experience in reporting (Power BI) and/or data analytics is an asset.

• Certified Anti-Money Laundering Specialist (CAMS) designation is an asset.

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:

• 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.

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.