Scotiabank

Senior Analyst (12-Month Contract GWO)

Scotiabank • $80K — $95K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 1-3 years of experience in financial services and KYC/AML/ATF.
  • University degree in business, finance, law, or related field preferred.
  • Proficient in MS Office, particularly in data analytics.
  • In-depth knowledge of regulatory frameworks impacting client onboarding including Canadian KYC/AML, Dodd Frank, and FATCA.
  • Understanding of global banking and capital markets operations.
  • Strong oral/written communication and relationship management skills.
  • Preferred: CAMS Certification, Spanish fluency, and IIROC knowledge.

Responsibilities

  • Support the Team Lead and Associate Director in regulatory compliance and risk measures.
  • Facilitate compliant onboarding of GBM Canada clients and resolve complex issues.
  • Engage in feedback cycles to enhance personal and team development.
  • Assist in training development and process improvements.
  • Prioritize information requests and manage responses efficiently.
  • Analyze and escalate high-risk clients with thorough documentation.
  • Promote a customer-centric culture to strengthen client relationships.

Benefits

  • Engage with various GBM business groups on KYC/AML topics and client outreach.
  • Enhance knowledge of GBM's global offerings and internal processes.
  • Build strong relationships across diverse partner groups within GBM globally.
  • Be part of a dynamic team with focused career development support.
  • Gain opportunities for professional development and career advancement.
  • Competitive rewards program with flexible vacation and comprehensive benefits.
  • Commitment to diversity, equity, inclusion, and accessibility in the workplace.
Full Job Description
Requisition ID: 269784
Employee Referral Program - Potential Reward: $1,000.00

The Role

GBM Onboarding Canada is a critical component in the bank's overall AML Compliance efforts. The Senior Analyst assists in onboarding customers to GBM, ensuring we meet Enterprise-Wide and local onboarding standards, including regulatory requirements and bank-driven due diligence measures. The Senior Analyst investigates and assesses relationships for potential financial, reputational, operational and compliance risk in addition to indicators of money laundering, terrorist financing or sanctions concerns for GBM clients.

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

  • Support the Associate (Team Lead) and Associate Director to ensure that the Bank is compliant with regulatory obligations and bank-driven risk measures.
  • Facilitate the Onboarding of GBM Canada clients in an efficient, compliant, and client-centric manner, while identifying and escalating complex issues to management for resolution.
  • Participate in constructive two-way feedback with the Team Lead, with a focus on learning and development.
  • Participate in development and delivery of training and/or improvements to guidance, procedures, processes, technology, etc.
  • Prioritize requests for information, establishing response times and escalate requests as required.
  • Analyze and escalate High-Risk, PEP and sanctions-related relationships with supporting documentation to internal stakeholders for review.
  • Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Act as an AML subject matter expert to the business and internal stakeholders.
  • Perform ad-hoc, special, and/or focused data analytics as necessary, as well as other duties and projects as assigned, to support management and various GBMO projects.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively 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.
  • Work in partnership with internal stakeholders to deliver derivative regulatory requirements. Demonstrate knowledge of documentation requirements necessary to address regulatory requirements. Facilitate the review of derivative clients in an efficient, compliance, and client-centric manner.
  • This position supports GBM Canada onboarding. This requires a solid understanding of Canadian KYC/AML requirements and basic understanding of KYC/AML for other jurisdictions including US, Singapore, HK and UK.
  • The incumbent will be required to work with external clients and stakeholders from all levels and business lines. Communication and making linkages across multiple areas will be critical to success.
  • The position requires a structured and disciplined approach to data management, metrics and reporting as well as a continuous improvement and innovation mindset. Agility and openness to change are key drivers of success.
  • The position requires multiple concurrent activities under intense deadlines.
  • The position involves delivery within tight timelines as well as regular problem solving with a high level of ambiguity and complexity.


Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
  • Minimum 1-3 years' experience in financial services and/ or KYC/AML/ATF
  • University degree in business, finance, law or other relevant field preferred
  • Proficient with MS Office with experience in data analytics
  • The incumbent must have recognized knowledge of current and anticipated regulatory frameworks impacting client onboarding including but not limited to knowledge of Canadian KYC/AML, CANDER, Dodd Frank, EMIR, MIFID and FATCA.
  • A sound understanding of global banking and capital markets business is desired, as is a client-centric approach to the role. The incumbent should have broad knowledge of the end-to-end workflows among the Front, Middle, and Back Offices.
  • Must be able to operate effectively within a stressful environment with changing priorities and tight time frames which are closely scrutinized by Senior/Executive Management
  • Excellent oral/written communication, relationship management, and time management skills
  • Fast learner with strong analytical skills and improvement mindset
  • High energy, demonstrated ability to work under pressure, deals well with ambiguities and uncertainties, and drives results
  • Preferred: CAMS Certification, Experience with Fenergo, Fluency in Spanish, IIROC knowledge & dealer member experience


Working Conditions:
  • Work in a standard office-based environment (currently hybrid work arrangement); non-standard hours are a common occurrence.
  • Global coverage could require conference calls during Asian and European business hours.


What's in it for you?
  • Opportunity to engage with various GBM business groups on KYC/AML topics and client outreach activities
  • Opportunity to enhance knowledge of GBM's global product offering, business lines and functional processes, as well as gain exposure to the overall bank
  • Opportunity to build strong strategic relationships across broad partner and stakeholder groups within GBM globally and across the bank
  • Be a key member of a dynamic and engaged team with strong leadership and focused personal and career development support
  • A rewarding career path with diverse opportunities for professional development
  • An organization committed to making a difference in our communities - for you and our customers.
  • A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
  • Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
  • Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.


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 Senior Analyst (12-Month Contract GWO) jobs:

NationwideToronto, ON