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Title:  Analyst, GBM AML Risk FIU




Requisition ID: 116933

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


Assist the Financial Investigations Unit in detecting and reporting on suspicious activities in accordance with the Bank’s requirements under US federal and state statutes/regulations governing Bank Secrecy Act (“BSA”) and Anti-Money Laundering (“AML”) and the USA PATRIOT Act.



Is this role right for you? You will be responsible for:



  • Reviewing alerts or exceptions generated by transaction monitoring system or other internal and external sources.
  • Responsible for documenting alerts and exceptions investigations using Google, WorldCheck, Internal Databases and other available sources.
  • Providing guidance and instruction to the other FIU analysts as needed.
  • Working in conjunction with the FIU and Compliance team in NY and Canada (GAMLU) where necessary to identify, investigate, and escalate transactions that represent unusual or potentially suspicious activity.
  • Liaising with operations and on-boarding teams as needed to obtain KYC information on customers if needed during an investigation and ensure that the profiles are consistent with current account activity.
  • Obtaining any additional information needed to gain a better understanding of a customer or transactional activity via Requests for Information (“RFIs”).
  • Documenting AML Cases and supporting documentation in ORACLE case management system.
  • Maintaining a log of Suspicious Activity to evidence investigate activity, disposition and reasons for conclusions.
  • Preparing recommendations for disposition of cases and draft SAR reports for filing with FinCEN.
  • Keeping abreast of regulatory changes, industry best practices and potentially suspicious patterns of activity and recommend changes to rules, parameters and thresholds maintained within internal systems to ensure its continued effectiveness.
  • Assisting in preparing MIS AML Monitoring Reports.
  • Assisting as needed in the UAT testing related to case management system or monitoring rules enhancements.
  • Using the established procedures report system, data or monitoring rules issues to the appropriate parties for timely resolutions.



Do you have the skills necessary to succeed in this role? We'd love to work with you if:



  • A minimum of 1-2 years’ experience working in a regulatory and/or compliance, law enforcement or other investigative capacity within a financial institution setting.
  • Bachelor’s Degree in business administration, finance, or similar field.
  • Working knowledge of Capital Markets and current regulatory environment in the Financial Service Industry
  • Strong understanding of the U.S. Regulatory Landscape
  • Knowledge of Transaction Monitoring systems (i.e. ORACLE case management system) and other investigative tools (i.e. WorldCheck and others)
  • Experience in working on dynamic and multifaceted projects
  • Strong analytical, critical thinking, writing, communication and interpersonal skills
  • Working knowledge of Excel, including data analysis


Location(s):  United States : New York : New York City 

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.

Nearest Major Market: New York City

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