Scotiabank

Senior Manager, Global Effectiveness & Initiatives - Global AML

Scotiabank • $110K — $130K *
Mississauga, ON L4T 0A1In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree with 5+ years in AML, Compliance, Audit, or related fields.
  • Experience in large-scale transformation and change management initiatives.
  • Proven ability to design frameworks for quality and capacity management.
  • Strong stakeholder management skills in a matrixed organization.
  • Detail-oriented with a proactive approach to problem-solving.
  • Knowledge of Canadian AML regulations; international knowledge is a plus.
  • Certified Anti-Money Laundering Specialist designation is an asset.

Responsibilities

  • Lead execution of AML Investigations initiatives across various components.
  • Coordinate responses to regulatory requests and manage issue tracking.
  • Apply standardized capacity management methodologies for resource planning.
  • Support development and maintenance of investigator training programs.
  • Execute quality control frameworks and identify improvement opportunities.
  • Collaborate with stakeholders on audit management and process enhancements.
  • Foster a client-focused culture to deepen relationships and leverage resources.

Benefits

  • Champion a high-performance and inclusive work environment.
  • Join a collaborative team of innovative thinkers.
  • Comprehensive benefits plan and competitive compensation.
  • Commitment to community impact for employees and customers.
  • Recognition and support for high performance and career development.
Full Job Description
Requisition ID: 275013

The Senior Manager, Global Effectiveness & Initiatives leads the execution and delivery of strategic initiatives that enhance the effectiveness, quality, and performance of AML Investigations globally, aligned to the Target Operating Model and enterprise priorities.

The role is responsible for driving end-to-end delivery of initiatives, issue remediation, and continuous improvement efforts, while strengthening quality control, training, and capacity management practices across the function.

The Senior Manager works across stakeholders to ensure timely execution, measurable outcomes, and sustain improvements in investigative effectiveness, supporting a high-quality, risk-based, and efficient Global AML Investigations program.

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

  • Initiatives & DeliveryLeads the execution and delivery of AML Investigations initiatives across people, process, tools, and operating model components. Manages project timelines, dependencies, and stakeholder coordination to ensure successful and timely implementation of initiatives aligned with the Target Operating Model.
  • Regulatory, Audit & Issue ManagementCoordinates responses to regulatory requests, audit findings, and 2nd-line reviews related to AML Investigations. Manages issue tracking, supports root cause analysis, and drives remediation activities to closure, ensuring adherence to timelines and documentation standards.
  • Resource & Capacity Management StandardsApplies and supports standardized capacity management methodologies to assess workload, resource allocation, and productivity. Produces insights and reporting to inform resource planning decisions and highlights capacity risks or inefficiencies.
  • Training & Capability DevelopmentSupports the development, rollout, and maintenance of investigator training programs in partnership with the AML Academy. Ensures alignment to current risks, products, and investigative techniques, and tracks completion, effectiveness, and identified capability gaps.
  • Quality ControlExecutes quality control frameworks, including monitoring, testing, and reporting on investigation quality. Identifies trends, gaps, and improvement opportunities, and partners with stakeholders to implement enhancements to quality standards and practices.
  • Supports the VP, Global Head of AML Investigations, in the strategic coordination and execution of centralized people and engagement activities, including Pulse, employee engagement and recognition initiatives, year-end performance processes and ratings, compensation planning inputs, and internal communications. Acts as a key liaison across the VP's leadership team to drive alignment, follow-through, and operational cadence.
  • Flexibility & Cross-CoverageSupports priorities across the broader Global Design & Standards function to ensure continuity of delivery, cross-coverage, and alignment across initiatives, including standards, quality, training, and capacity management.
  • Leads and drives a Client-focused culture throughout their team to deepen Client relationships and leverage broader Bank relationships, systems, and knowledge.
  • Supports the implementation of new AML methodologies and monitoring tools to mitigate new and emerging money laundering (ML)/terrorist financing (TF), and sanctions risks, while conducting ongoing analysis of core operational processes to identify potential procedural gaps and foster an environment of continuous improvement.
  • Oversees centralized, group-wide information sharing in accordance with policy. Applies this information in managing reputational and regulatory AML related risks.
  • Collaborates (and leads where appropriate) with key Transaction Monitoring (TM) and AML Investigations stakeholders, , on audit/issue management and closure, reporting, communications & change management, process/procedure enhancements, resource planning, and special projects.
  • Understands how the Bank's Risk Appetite Statement (RAS) and risk culture should be considered in day-to-day activities and decisions.
  • Creates an environment in which teams pursue effective and efficient operations, while ensuring the adequacy, adherence to, and effectiveness of business controls to meet obligations with respect to operational risk, regulatory compliance risk, and conduct risk. Responsibilities include, but are not limited to, those defined under the Enterprise-wide AML & ATF and Sanctions Handbook, Scotiabank Code of Conduct, the Anti-Corruption Policy, Scotiabank Information Security Policy, and the Enterprise-Wide Risk Management Framework.
  • Consistently acquires extensive knowledge of local and significant and relevant international AML laws and regulations.
  • Develops expertise with the applicable case management systems, bank information systems, and analytics reporting tools and shares insights, as appropriate.
  • Reviews relevant Management Information Reports and other analytics tools provided and where risk related or productivity concerns or anomalies are identified and escalates to the Director, as appropriate.
  • Employs AML related systems and process expertise and experience, identifies and implements process enhancements, and oversees the resolution of systems and/or process deficiencies.
  • Builds a high-performance environment by implementing a human resource strategy that retains, develops, and motivates their team, fostering an inclusive work environment; communicating Scotiabank's and the Global AML Department's visions, values, and business strategy.
  • Strategically anticipates and identifies the need for additional resources, leading the hiring and human resource development process, managing succession and development planning for the team, and identifying and promoting high-performing individuals.


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 (University Degree) with a minimum of 5 years of experience in AML, Compliance, Audit, Management Consulting, Operational Effectiveness, and/or Program Execution capacity in a major financial institution or a professional services firm; or equivalent in education and years of experience.
  • Experience driving large-scale transformation, change management, or continuous improvement initiatives from design through execution.
  • Background in AML, Audit, Compliance, or management consulting, operational effectiveness, or hands-on program execution is a strong asset.
  • Proven ability to design and implement frameworks for quality, capacity management, or performance measurement.
  • Proven ability to influence and drive outcomes across the organization without direct line authority.
  • Thrives in fast-paced environments; detail-oriented with the ability to manage competing priorities.
  • Comfort with ambiguity and ability to operate at pace with exceptional attention to detail
  • Strong sense of ownership; proactive and responsive in enabling senior leaders to perform at the highest level.
  • Leverages technology and AI tools to drive efficiency, quality, and speed of delivery.
  • Ability to manage stakeholders and drive outcomes across a highly matrixed organization.
  • Structured problem solver with strong analytical capability, able to isolate and prioritize critical business issues. Ability to synthesize benchmarks and internal/external insights.
  • Demonstrates integrity when working with colleagues and leads others by setting example of required behaviours.
  • Excellent written and verbal communication skills, able to manage difficult conversations.
  • High Client focus and high-risk management focus.
  • Practical knowledge of financial institution operations and organizational culture.
  • Results oriented, highly motivated with a keen ability to influence others.
  • Self-reliant and proactive approach to work.
  • Supervisory experience of managing diverse teams and coaching skills.
  • Solid knowledge of Canadian AML regulations and regulatory reporting framework. Knowledge of International AML regulations or regulatory framework is an asset.
  • Proficiency in Spanish is an asset.
  • Certified Anti-Money Laundering Specialist designation is an asset.


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 || Canada : Ontario : Mississauga

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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