Title:  Senior Analyst, AML Audit

Requisition ID: 248716

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Global Banking and Markets 

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world. 

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.  

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!  We work together to drive ambition for every future! 

Purpose

The Senior Analyst contributes to the overall success of the Audit Function in support of the Audit Department executing its global mandate, ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives.

The successful candidate will be working as part of the U.S. AML Audit Team and will work the team to perform AML audits to assess the design and operating effectiveness of internal controls relating to risk monitoring, and reporting activities within the U.S and assess the Bank is in compliance with governing regulations, internal policies, and procedures.

The Senior Analyst will assist in all aspects of the audit, including the planning, execution, and reporting phases. The Senior Analyst will also be involved in internal and external issue validation as well as audit continuous monitoring activities.

What You'll Do

• Supports the Officer in Charge (OIC) with the execution of assigned audits.
• Works with other audit teams as required.
• Contributes to special projects as assigned including investigations and other special projects that Audit may be requested to perform by management.
• Ensures audit results are gathered and assesses the impact of the findings on the internal control framework. This would include confirmation of the findings with the auditee and a discussion of the root cause with the OIC.
• Champions a client focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Ensures Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments.
• Stays informed on emerging risks, regulatory changes, and industry trends. Conveys risk-related information to Officer-in-Charge or Audit Principal and senior management.
• Champions a high-performance environment and contributes to an inclusive work environment.
• Meets Department training requirements.
• Maintain a thorough understanding of the business, risks, and processes for assigned areas.
• Develop a thorough understanding of AML and Sanctions laws, regulations, guidance, and regulatory expectations.
• Manage self-development by confirming/communicating job expectations, identifying mentors/coaches and enquiring about training needs, ensuring timely completion of performance appraisals and manages assigned staff.
  
  
  

What You’ll Bring 

• Bachelor’s degree;
• At least 2 years of experience working in AML/Sanctions Compliance, Audit, consulting, or Regulatory body;
• Ability to work in high levels of ambiguity and in a rapidly changing environment.
• Basic understanding of AML and Sanctions laws, regulations, guidance, and regulatory expectations; 
• Well-developed judgment, management, decision-making and problem-solving skills;
• Strong written and verbal communication skills;
• Expert time management skills with the ability to take on multiple projects at one time;
• Excellent work paper documentation skills (i.e., thorough/detail-oriented);
• Ability to work independently and within a team environment; and
• Good analytical skills in the use of data analytics or visualization tools.
• Good interpersonal and communication skills (verbal and written).
• Highly proficient in the use of Microsoft Word, Excel, and PowerPoint.

Interested? 

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank! 

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture. 

What's in it for you? 

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

#GBMAuditRisk

Location(s):  United States : Texas : Dallas 

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

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.