Title:  Senior Manager, Business Risk Management

Requisition ID: 253651 

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

Identify and mitigate operational risk, especially financial crime risk across GBM by strengthening control design and effectiveness, promoting strong risk ownership, and partnering with Control and Support Functions to drive consistent, sustainable control outcomes.

What You'll Do
 

Domain Expertise

Deep expertise across Global Capital Markets, Corporate and Investment Banking and/or Global Transaction Banking, with strong business acumen and a comprehensive understanding of client types, product suites, and end-to-end flows of client onboards, with a specific focus on enhanced due diligence for clients that pose a heightened financial crime.

Proven track record in designing, implementing, and strengthening risk and control frameworks, including:

•    Financial crime risk and control design, execution, and ongoing enhancement
•    Enterprise and business-level risk assessments, with a focus on emerging and residual risk identification
•    Operational risk event identification, root cause analysis, and remediation execution
•    Strengthening financial crime control effectiveness through close partnership with control and support functions to deliver consistent, sustainable risk outcomes
•    Proactive risk and control management

Key Responsibilities

•    Oversee AML advisory activities, including high-risk client reviews, onboarding escalations, KYC exception approvals, policy interpretation, and client risk ratings.
•    Partner with regional AML teams to maintain a holistic view of client relationships and support global deliverables, including trigger events and periodic reviews.
•    Coordinate escalations with first- and second-line partners related to AML, sanctions, and anti-bribery and corruption risks.
•    Oversee review of system-generated alerts, ensuring adherence to service levels and quality standards.
•    Lead first line contributions to enterprise AML and sanctions risk assessments.
•    Support regulatory examinations and internal reviews, serving as a key liaison with compliance testing and audit teams.
•    Drive remediation of issues identified through internal and external examinations.
•    Oversee management reporting and key metrics, including materials for governance forums and committees.
•    Identify and implement process improvements to enhance efficiency and control effectiveness.

Leadership and Communication

•    Lead and develop high performing teams across in person, remote, and hybrid environments, promoting inclusive leadership and diversity of thought to foster constructive challenge and stronger outcomes.
•    Build a culture of accountability, collaboration, and continuous improvement by aligning team objectives with enterprise risk priorities, while guiding teams through high pressure regulatory reviews and audits with clear roles, disciplined execution, and timely delivery.
•    Coach and mentor talent to deepen expertise in risk management, control execution, and stakeholder engagement.
•    Apply thoughtful challenge and strategic influence to drive ownership and execution

Collaboration and Influence

•    Partner effectively across the three lines of defense to ensure alignment and consistency in risk practice; and
•    Partner across Control and Support Functions, with a strong focus on Operations and Client Onboarding, to identify and manage financial crime risks
•    Influence key stakeholders by applying industry best practices and building compelling, business focused cases for risk and control enhancements

Additional Highlights

•    Deep understanding and hands-on experience of non financial risk and regulatory requirements
•    Broad experience across operational, compliance, and business risk, enabling high‑quality risk assessment, control execution, and continuous improvement, including proactive control enhancements and process efficiencies.

What You'll Bring

•    Minimum of 7 years in financial services and AML/ATF compliance;
•    Minimum bachelor’s degree in business, related field, audit or equivalent experience; 
•    ACAMS certified preferred;
•    Strong communications, analytical, organizational, project management, and planning skills;
•    Knowledge of businesses, products, KYC/AML operations and systems 
•    Strong knowledge of AML/ATF/Sanctions regulatory requirements and expectations

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. 

#GBM

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.