Scotiabank

Manager, International AML Advisory

Scotiabank • $100K — $120K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 5+ years in Financial Services, with a focus on Operational Risk or AML Risk.
  • University undergraduate degree required.
  • AML certification (e.g., CAMS) preferred.
  • Proficiency in Spanish is a plus.
  • Strong understanding of AML regulations, typologies, and legislative requirements.
  • Familiarity with sanctions legislation and its implications.
  • Analytical skills relevant to audit and internal controls.

Responsibilities

  • Facilitate a customer-focused culture to strengthen client relationships.
  • Stay current on AML matters and regulatory best practices.
  • Conduct AML risk assessments across various products and services.
  • Enhance the AML risk framework and assessment standards.
  • Provide guidance on AML compliance to business lines.
  • Support effective operational processes to manage AML and regulatory risk.
  • Promote an inclusive and high-performance workplace.

Benefits

  • Collaborative work environment fostering innovation.
  • Inclusive culture that encourages creativity and teamwork.
  • Competitive rewards package including bonuses and pension matching.
  • Immediate health benefits from day one.
  • Opportunities for career development and advancement.
  • Commitment to making a positive community impact.
Full Job Description
Requisition ID: 273907

Contributes to the overall success of the AML Risk Assessments & Oversight team in International Banking, ensuring specific individual goals, plans, and initiatives are executed and delivered in support of the team's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures.

The IB AML Advisory role will work very closely with the Enterprise Risk Assessment Office in the execution of Money Laundering, Terrorist Financing, and Sanctions risk assessments across Assessable Units in 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.

Is this role right for you? In this role, you will:
  • Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  • Builds and maintains current, detailed knowledge of AML matters, including AML risk drivers and typologies, AML and Sanctions regulatory requirements, and best practices related to the risk assessment process.
  • Assists in the execution of AML risk assessments for products or services across Assessable Units in International Banking. Evaluates inherent risk associated with customers, products, services, and geographic locations; identifies areas of the Enterprise with greater AML risk; and assesses the level of risk mitigation in place.
  • Provides input and supports maintenance and enhancement opportunities to improve the AML risk framework, including the risk assessment methodology and standards used when conducting AML inherent risk and AML program assessments.
  • Provides advice and direction to applicable lines of business, educating them on AML risk assessment requirements.
  • Supports the AML Internal Control support area's accountabilities in fulfilling the effective challenge function in operational processes for respective lines of business.
  • Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of 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.
  • Champions a high-performance environment and contributes to an inclusive work environment.


Do you have the skills that will enable you to succeed? We'd love to work with you if you have:
  • Minimum of 5 years in the Financial Services industry, including experience in Operational Risk, AML Risk, or Audit.
  • University undergraduate degree
  • AML designation, such as CAMS, is an asset.
  • Spanish language proficiency (preferred)
  • Knowledge and understanding of AML risk, Money Laundering and Terrorist Financing typologies and techniques, AML legislation, and regulatory expectations.
  • Knowledge of Sanctions legislation and regulatory expectations.
  • Analytical thinking, including knowledge of audit, internal controls, or similar oversight procedures.
  • Strong written and verbal communication skills, with the ability to communicate with cross-functional groups and senior levels of management and clearly document the results of work performed.
  • Problem-solving skills, including the ability to identify potential solutions to systemic issues in consultation with senior management.


What's in it for you?
  • The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
  • An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
  • We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
  • Your career matters! You will have access to career development and progression opportunities.
  • An organization committed to making a difference in our communities - for you and our customers.


Location(s): Canada : Ontario : Toronto

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
Finance & Insurance
5 Year Trend
+7%
NASDAQ
BNS
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Scotiabank

More Finance & Insurance Jobs

Find similar Manager, International AML Advisory jobs:

NationwideToronto, ON