Manager, Retail Banking AML/ATF, Issues Management  …

Scotiabank
in Toronto, ON, Canada
Permanent, Full time
Be the first to apply
Competitive
Scotiabank
in Toronto, ON, Canada
Permanent, Full time
Be the first to apply
Competitive
Manager, Retail Banking AML/ATF, Issues Management
Requisition ID: 73296

Join the Global Community of Scotiabankers to help customers become better off.

The Manager, Retail Banking AML/ATF - Issues Management will contribute to the overall success of the Retail Banking AML/ATF Issues Management framework. They will be required to assist and provide oversight in Regulatory Initiatives (OSFI, FINTRAC etc.), Audit, and Policy-driven exercises. They will actively pursue effective and efficient operations of his/her respective area, 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.

Accountabilities
  • Support the development and sustainment of AML controls by supporting Retail Banking business units with development and execution of processes, procedures, initiatives and best practices, ensuring compliance with regulations and internal policies and procedures.
  • Assist with execution of ongoing AML sustainment activities, including issues management, risk assessment, and issues reporting.
  • Participate in audits, establish, monitor, and coordinate action plans to ensure any identified gaps are addressed.
  • Proactively identify gaps and opportunities, and supports leading changes to help streamline end-to-end AML/ ATF and sanctions processes and procedures.
  • Contribute to the effective collaboration and successful execution of the AML program across Retail Banking and the 2nd line of defense.
  • Following up for corrective action that results in marked progress/return to established standards
  • Supports keeping stakeholders up to date on progress and escalated issues, ensuring recommendations/solutions are provided where applicable.
  • Prepare status updates on project accomplishments against milestones on a scheduled and ad hoc basis, as needed.
  • Reporting findings and associated risk to Business Line management
  • Maintains regulatory awareness, current knowledge of applicable regulatory requirements and industry best practice in operational risk
  • Champions a high performance environment and contributes to an inclusive work environment.
  • Assist with execution of ongoing AML sustainment activities, including issues management, risk assessment, and issues reporting.
  • Participate in audits, establish, monitor, and coordinate action plans to ensure any identified gaps are addressed.
  • Proactively identify gaps and opportunities, and supports leading changes to help streamline end-to-end AML/ ATF and sanctions processes and procedures.
  • Contribute to the effective collaboration and successful execution of the AML program across Retail Banking and the 2nd line of defense.
  • Following up for corrective action that results in marked progress/return to established standards
  • Supports keeping stakeholders up to date on progress and escalated issues, ensuring recommendations/solutions are provided where applicable.
  • Champions a high performance environment and contributes to an inclusive work environment.

Experience
  • Thorough knowledge of Canadian AML/ATF and sanctions regulations, policies, and procedure
  • Thorough knowledge of regulatory requirements including- OSFI and FINTRAC
  • Strong performance orientation with a mind for efficiency and a strong sense of urgency
  • Strong communication skills and able to communicate complex information to various audiences
  • Strong relationship building competencies to build/maintain productive relationships with key stakeholders and business unit partner
  • Excellent problem solving, influencing and relationship management skills
  • Experience working within an AML, Compliance, risk or audit department an asset
  • Branch/Customer Contact Centre/ Retail experience an asset
  • Bilingual skills (English/French) both written and spoken are highly desirable
  • Undergraduate university degree in related discipline and/or minimum of 5-7 years AML/ATF related work experience
  • Certified Anti-Money Laundering Specialist (CAMS) designation an asset

Location(s): Canada : Ontario : Toronto
As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank's six guiding sales practice principles to ensure they act with honesty and integrity.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here . Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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