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Title:  Head of Global Business Payments, GBM AML/ATF




Requisition ID: 80904


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


The Head of Global Business Payment (GBP), GBM AML Risk provides strategic direction, leadership, advisory and oversight in regard to AML across the global GBP portfolio ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures. You will support the SVP, Global Head of GBM AML Risk in oversight and support of the GBP AML programs globally.

Is this role right for you?

  • Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Lead the development, implementation, maintenance, and enhancement of the GBP AML Risk strategy
  • Plays a role in establishing the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas, 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.
  • Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.
  • Ensures the GBP AML program reflects the Enterprise Wide and GBM specific AML standards and local regulatory requirements.  Includes working with the Business Line Support/Control functions in the implementation and resolution of all AML program issues
  • Executes and maintains AML compliance controls, and provides AML compliance expertise and support to the business and functional units that form the first line of defense.  Includes challenging the Business’ assessment of controls, and monitoring remediation plans for enhancement of controls
  • Acts as a key resource to business stakeholders in advising on products, programs, services and business initiatives and works with internal and external stakeholders to determine that activities are permitted and that regulations associated with their delivery have been identified and are addressed.  This includes reviewing and approval of respective New Initiative Risk Assessments (NIRAs) ensuring adequate controls are in place in support of AML risks. 
  • Assesses internal policies and procedures to determine appropriateness or identifies and remediate deficiencies or weaknesses in such materials.
  • Provides regular status reports on AML compliance activities, initiatives and/or daily operational undertakings to country senior management and the SVP, Global Head of GBM AML Risk.
  • Develops and analyzes AML MIS reporting to guide the business line in the development of first line  Reviewing the business unit self-assessments and defining the overall AML/ATF profile.
  • Ensure the Business is kept current on regulatory developments and best practices and processes/controls are updated accordingly.
  • Oversees any AML
    •  Testing and quality assurance processes for GBP AML Risk;
    •  AML training programs for GBP AML Risk, including staff, senior management and Board;
    •  KPIs for service vendors supporting GBP AML Risk operations.


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

  • Ten plus years of direct experience serving in an AML KYC Advisory role
  • Ten plus years of experience in AML/ATF compliance
  • Expert knowledge of the Global Banking and Markets and Banking businesses, products/services and the clients/markets that Scotiabank GBM serves
  • A minimum Bachelor’s degree in business, related field or equivalent experience
  • ACAMS certification preferred but not required
  • Expert knowledge of AML/ATF and Sanctions regulatory requirements and expectations
  • A deep understanding of the firm’s business practices, organizational structure, policies and procedures
  • Strong written and verbal business communication skills
  • Strong analytical skills and a keen eye for detail
  • Superior planning and organizational skills
  • Good time management and the ability to perform work to a high standard of accuracy under time pressure.  Capable of simultaneously handling multiple tasks and meeting stringent deadlines
  • Well-developed interpersonal skills in order to provide a high level of service and maintain working relationships with assigned client groups and team members
  • The ability to recognize and handle sensitive and confidential information
  • Self-motivated, confident and capable of working both independently and in a team environment
  • The ability to influence without direct authority through gaining trust and respect
  • Demonstrated leadership skills, maturity and judgement
  • The ability to be results oriented and high achieviving; reliable, consistent and disciplined


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

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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