Scotiabank

Manager, Solution Delivery and Application Support, Transaction Screening

Scotiabank • $90K — $120K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, law, engineering, or related field
  • 3+ years in financial services sector
  • In-depth knowledge of regulatory requirements related to sanctions
  • Strong communication and analytical skills
  • Project management and planning expertise
  • Advanced proficiency in Microsoft Office including Access, Excel, Project, Visio, and PowerPoint
  • Familiarity with financial services operations and systems

Responsibilities

  • Support global sanctions screening management functions
  • Ensure stability and effectiveness of transaction screening applications
  • Oversee payment-related project delivery from design to support
  • Create and maintain governance framework documents for sanctions screening
  • Develop tracking mechanism for documentation updates and approvals
  • Provide expertise in sanctions screening systems and processes
  • Facilitate testing and reporting on system efficacy and efficiency

Benefits

  • Champion a high-performance and inclusive work environment
  • Join a collaborative team of innovative thinkers
  • Access to a comprehensive benefits plan
  • Engagement with initiatives making a community impact
  • Recognition and support for high-performance and development opportunities
Full Job Description
Requisition ID: 268370

The Transaction Screening team is a risk management function responsible for the governance of sanctions screening solutions globally, enterprise wide. The team leads and oversees the Global Sanctions Program's screening management functions, ensuring coverage assessments, tuning methodology, rules governance framework, and screening standards are developed, executed, and maintained in compliance with governing regulations, internal bank-wide policies, and procedures. The Business Solutions Expert provides subject matter expertise in securities screening and leads enterprise-wide coverage assessments across multiple screening pillars, including payments, trade finance, and securities.

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

  • Support the sanctions screening solutions management function globally, enterprise-wide
  • Ensure stability and effectiveness of the Transaction Screening application ecosystem and all aspects related to the end-to-end flow of transaction screening
  • Provide complete oversight, guidance and delivery of payment-related projects in scope for Sanctions transaction screening. This entails all facets of project delivery from solution design, impact assessment, requirements, development, testing, operational readiness and postimplementation support.
  • Create and/or maintain framework documents, including tuning methodology, rules governance framework, screening standards, and other documentations involving sanctions screening systems and processes
  • Develop a tracking mechanism for documentation owned by Transaction Screening Solutions Delivery team, and facilitate periodic updates and approvals to the documentation
  • Develop deep understanding and subject matter expertise of sanctions screening systems, system capabilities, and relevant processes, as well as product knowledge for payments and trade finance transactions
  • Develop and document business requirements for sanctions screening solutions for payments and trade finance transactions
  • Develop and maintain an issues log and track issues to closure for each of the sanctions screening systems
  • Provide support to the Model Validation team to ensure the success of the annual model validation efforts for sanctions screening systems
  • Provide input to the Models & Analytics team to ensure the success of the analytics/reporting and tuning efforts for sanctions screening systems
  • Facilitate the testing and management reporting on the efficacy and efficiency of the systems
  • Provide support to the efforts of operationalizing Risk Tolerance Frameworks for sanctions screening systems and process; support ongoing tuning effort to review and opine on tuning recommendations, business rules, fuzzy logic exceptions, and etc., and facilitate the documentation and approval process
  • Consider risk-based approach in decision-making process and support risk-based approach culture throughout the Global Sanctions Program
  • Contribute to the preparation of regulatory examinations or internal audit engagements in a timely manner
  • Support the management of Sanctions Risk Appetite Framework; develop a deep understanding of the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Lead and drive a customer focused culture and deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Contribute to a high-performance environment and implement a people strategy that will attract, retain, develop and motivate their colleagues by fostering an inclusive work environment, communicating vision/values/business strategy and managing succession and development planning for the team and colleagues.
  • Create and foster an environment in which his/her colleagues pursue effective and efficient operations, 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/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.


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

  • Minimum bachelor's degree in business, law, engineering, or related field.
  • Minimum 3 years in financial services sector.
  • In-depth knowledge of regulatory requirements with respect to sanctions.
  • Strong communication, analytical, organizational, project management, and planning skills.
  • Advanced skills in Microsoft Office suite, including Access, Excel, Project, Visio and PowerPoint.
  • Knowledge of business, products, operations, systems, and organization for financial services sector


What's in it for you?

  • Champion a high-performance environment and contribute to an inclusive work environment.
  • The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
  • A competitive compensation and comprehensive benefits plan.
  • An organization committed to making a difference in our communities - for you and our customers.
  • You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.


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

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