AML Analyst

ID de la solicitud: 266749

Gracias por tu interés en ScotiaGBS, el mejor campus de Bogotá. 

Únete a un equipo ganador con un propósito claro, comprometido con el logro de resultados en un entorno inclusivo y de alto desempeño.
 

Purpose

Contribute to the overall success of the AML Operations Unit in Bogotá, Colombia by ensuring the execution of specific individual goals, plans, and initiatives in support of the team’s strategies and objectives. Ensure that all activities conducted comply with governing regulations, internal policies, and procedures.
The Analyst will investigate and assess customer relationships to identify potential financial, reputational, operational, and/or compliance risks, as well as activities involving money laundering or terrorist financing risks.
According to Global Operations needs and assignment requirements, and within a customer-focused culture, the Analyst may support, for Canadian and/or International Banking, one or more of the activities described herein in areas such as Enhanced Due Diligence, Name Screening, Transaction Monitoring, Demarket, Media Search, among others.

General Responsibilities

Actively pursue effective and efficient operations, ensuring the adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations regarding operational risk, regulatory compliance, Anti-Money Laundering/Terrorist Financing (AML/ATF), and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, the Regulatory Compliance Risk Management Framework, the Global AML/ATF Handbook, and the Guidelines for Business Conduct.
Investigate and analyze transactions and/or identify unusual patterns of international payment activity and/or trade finance activity through the application of expert knowledge to assess operational risk and money laundering exposures.
Help ensure that the Bank complies with Anti-Money Laundering regulatory obligations to detect and report suspicious activities.
Prepare risk assessment reports or spreadsheets for management review, outlining suspected money laundering typologies, investigation scope, risk assessment, and recommended remediation actions.
Perform thorough analyses to support reasoned, accurate, and consistent assessments aligned with the risk rating assigned to each case.
Develop and maintain a strong knowledge and understanding of the Bank’s AML/ATF policies and procedures, money laundering and terrorist financing regulations, industry best practices, criminal typologies, and emerging trends.
Help mitigate financial and reputational risks related to the Bank.
Support business line colleagues and respond promptly to requests and concerns from partners and stakeholders (including Security & Investigations and Shared Services) in the assessment and resolution of cases initiated by these groups or any other assigned tasks.
Support the Manager and/or Senior Manager in AML Operations to mitigate risks associated with money laundering or terrorist financing.
Maintain expected productivity and quality standards as defined through performance metrics.
Prepare written risk assessment reports and case memoranda for executive and/or testing audits (internal and/or external), recommending remediation plans.
Stay current with emerging and current trends, typologies, and legislative changes by participating in AML training sessions and accessing industry resources.
Contribute to the development and/or identification of typologies based on significant cases.
Ensure all case remediation actions are completed within established timelines.
Proactively identify opportunities for process, technology, and system improvements and participate in implementation efforts as appropriate.
Understand how the Bank’s risk appetite and risk culture should be considered in daily activities and decisions.
Assist in drafting guidance documents and/or peer training materials.
Foster a high-performance environment and contribute to an inclusive workplace.

Specific Responsibilities

Apply advanced investigative skills to develop business intelligence within specific industries to support expert and in-depth anti-money laundering investigations, in accordance with the Level 1 EDD procedure.
Achieve optimal service levels by managing assigned cases promptly and ensuring that the depth of case review activities is proportional to the customer risk profile and aligned with the Enterprise Wide AML/ATF Policy and associated written procedures.
Maintain proper records of due diligence activities and disposition actions for all cases for audit purposes.
Prioritize information requests, establish response timelines, and escalate requests as necessary.
Prepare and escalate PEP relationships and sanctions-related cases with supporting documentation to Level 2 EDD.

Name Screening

Perform Level 1 reviews for all customer alerts for designated jurisdictions and business units in accordance with the Bank’s ACRM Case Management Procedure.
Close false positive alerts using appropriate disposition codes.
Escalate alerts for Level 2 review according to established procedures.
Escalate complex and/or high-risk alerts and cases for name analysis to Team Leaders.
Complete and/or review PEP Classification Tool results to determine whether potential PEPs meet the definition and criteria within the Scotiabank PEP Policy (where applicable).
Record information in Oracle (PEP tab), following Level 2 confirmation for all validated potential matches related to Scotiabank Canada cases (where applicable).
Escalate cases to Team Leaders or Managers for all validated matches against the DNDBW tab.

Transaction Monitoring

Ensure compliance with all obligations under the PCMLTFA, including the identification and timely filing of reports related to designated persons and politically exposed persons.
Identify efficiency opportunities within Triage and system enhancements and participate in implementation processes.
Ensure collection of relevant information for alerts generated from the automated transaction monitoring system, including unusual transaction reports.
Investigate and evaluate customer alert activity generated by the automated transaction monitoring system and unusual transaction reports to identify potential money laundering or terrorist financing cases.
Adjudicate alerts for closure or escalation for further review by the FIU. Request information from business units as needed and maintain records and supporting documentation according to regulatory requirements and departmental standards within the case management system.
Support the Intake function when required due to high alert volumes or business needs.
Support quality control review functions when required due to high alert volumes or business needs.

Demarket

Execute, coordinate, administer, and follow up on Demarket activities for an assigned client portfolio.
Locate/create Oracle cases, update system comments, and assign cases to the appropriate work queue.
Create customer exit cases in the Case Management System (CMS) with appropriate supporting documentation provided by the Investigations Unit or other stakeholders.
Conduct accurate risk assessments to determine whether recommendations meet AML criteria for client exit.
Complete internal and external cross-checks within Bank systems and secondary cross-checks outside Bank systems such as Tangerine, Roynat, and Nutrien to determine the customer’s holistic relationship across the Bank.
Draft, send, and present exit letters and dispute emails involving business partners including, but not limited to, Investigation Units, Canadian Banking Business Partners (Retail, Small Business, Wealth, Commercial), Global Sanctions Office (GSO), HRCO, Ask Ops, Office of the President, New York Agency, among others.
Manage shared mailboxes (AML Exit and DNDBW) through actions related to business line approvals, exit letters, obtaining copies of exit letters, responding to work-related inquiries, and assisting ADT business partners within the first and second lines of defense.
Action cases referred by Name Screening (NS), Do Not Do Business With (DNDBW), and Global Sanctions Office (GSO) to ensure compliance with service level agreements (SLAs).
Work closely with the List Management Office and Technology AML Office (TAMLO) to resolve DNDBW-related issues, including incorrect Oracle fields. Monitor all added or modified issues and validate DNDBW records against ADT records.
Confirm profile/product closures and perform Post-Demarket Reviews (PDRs) as part of daily team processes.
Update the Case Management System (CMS) throughout the process with the corresponding status.
Ensure evidence and supporting documentation are managed according to regulatory and business requirements.
Ensure priorities are managed in a timely manner and customer exits meet quality control requirements.

Media Search

Ubicación(s):  Colombia : Bogota : Bogota

ScotiaGBS forma parte del grupo de empresas de Scotiabank ubicado en Bogotá, Colombia, y fue creado para apoyar diversos procesos del Banco y el desarrollo y ejecución de sus servicios globales. Ofrecemos un entorno de trabajo inclusivo y positivo, además de ventajas competitivas.

En ScotiaGBS, valoramos las habilidades y experiencias únicas que cada persona aporta y nos hemos comprometido a crear y mantener un entorno inclusivo y accesible para todos. Los candidatos deben postularse directamente en línea si desean ser tomados en cuenta para este puesto. Agradecemos a todos los candidatos por su interés en esta oportunidad profesional en ScotiaGBS; sin embargo, solo contactaremos a quienes hayan sido seleccionados para una entrevista.

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