Scotiabank

Senior Manager, AML Advisory, Canadian Banking & Wealth Management - Contract

Scotiabank • $100K — $130K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business administration, Accounting, or Finance.
  • Minimum 5 years of relevant AML/ATF or banking experience.
  • 8+ years in project management and/or regulatory reform initiatives in a GWM environment.
  • Strong relationship-building capabilities with stakeholders and partners.
  • Certified Anti-Money Laundering Specialist designation required.
  • Solid knowledge of AML/ATF regulations at both local and international levels.
  • Excellent leadership, time management, and communication skills.

Responsibilities

  • Lead and foster a customer-centric culture within the team.
  • Ensure adherence to operational, regulatory, and compliance risk frameworks.
  • Manage large-scale AML/ATF Enterprise projects across Wealth business units.
  • Provide expert AML/ATF compliance support and guidance to Wealth units.
  • Identify and escalate AML/ATF risks to the Director, AML, Wealth Management.
  • Support the development of AML procedures and best practices for compliance.
  • Maintain regulatory awareness and current knowledge of industry best practices.

Benefits

  • Champion a high-performance, inclusive work environment.
  • Join a collaborative team of innovative thinkers.
  • Access to a competitive compensation and comprehensive benefits plan.
  • Commitment to community impact for employees and clients.
  • Recognition and support for high performance and career development.
Full Job Description
Requisition ID: 268518

The Senior Manager, AML Advisory reports to the Director, Anti-Money Laundering (AML) for Wealth Management on day-to-day management of Wealth Management's Anti-Money Laundering program including supervisory oversight (1A role) across wealth, working closely with Business unit 1A representatives. The incumbent will lead the implementation and ongoing sustainment of AML & ATF compliance by helping the wealth business to design, implement and monitor and report on controls over regulatory risk.

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

  • Lead and drive a customer-focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  • Create an environment in which the team pursues effective and efficient operations within their 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/ATF risk, and conduct risk, including, but not limited to, responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML & ATF Enterprise Policies, and the Guidelines of Business Conduct.
  • Manage the implementation of large-scale AML/ATF Enterprise projects across Wealth business units.
  • Assist and support Wealth business lines with oversight and compliance by:
    • Providing AML/ATF compliance support to Wealth business units, including acting as the subject matter expert and providing direction and guidance on appropriate reviews and actions.
    • Identifying unacceptable AML/ATF risks and escalating them to the Director, AML, Wealth Management.
    • Ensuring processes and controls are updated in accordance with regulatory developments.
    • Supporting enhanced due diligence and the review of account activity for flagged clients.
  • Sustain AML processes by supporting Wealth business units with the development and execution of procedures, initiatives, and best practices, ensuring compliance with regulations and internal policies and procedures.
  • Contribute to effective collaboration and the successful execution of the AML program across Wealth, 1A, 1B, and 2nd lines of defence.
  • Manage the design and implementation of an ongoing change management program for AML across Wealth and ensure alignment with the rest of Scotiabank.
  • Maintain regulatory awareness and current knowledge of applicable regulatory requirements and industry best practices in operational risk.


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 in business administration, Accounting, Finance with a minimum of 5 years of relevant AML/ATF or banking experience
  • 8+ years previous experience in project management and/or regulatory reform initiatives or significant work experience in a GWM environment
  • Strong relationship building competencies to build/maintain productive relationships with key stakeholders and business unit partners
  • Certified Anti-Money Laundering Specialist designation
  • Solid knowledge of local and international AML/ATF regulations
  • Excellent problem solving, negotiating skills and highly developed influencing skills
  • Excellent communication skills, both written and verbal
  • Excellent leadership and time management skills
  • Excellent knowledge of the roles and responsibilities of wealth and support functions crossing all delivery channels
  • Self-reliant and proactive approach to work
  • Expert analytic and problem-solving capability
  • Proven track record of meeting deliverables


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

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Scotiabank

More Finance & Insurance Jobs

Find similar Senior Manager, AML Advisory, Canadian Banking & Wealth Management - Contract jobs:

NationwideToronto, ON