Title:  Sr. Analyst EDDU ECR

Requisition ID: 213302

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

Sr. Analyst Oversight EDDU - AML Operations
L6.1
Schedule: Monday to Friday 8:30am - 5:30pm / Saturdays 4 hours upon request
Purpose 
Contributes to the overall success of the Enhanced Due Diligence Unit (EDDU) in GBS DR ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures, completed within SLA.

Accountabilities
• Provide problem resolution and support Manager EDDU in the identification of opportunities of processes, organizational structure, and systems. 

• Support the Manager EDDU in the review and escalation of process documentation updates/creation according to the changes on AML Politicises, regulations and best practices implemented. Provide feedback to Support Unit to maintain updated the Inventory of process of the Unit. 

• Prepare EDDU management presentations according to the establish reporting such as productivity, progress of strategic projects, issues or escalations and ad hoc as requested.

• Serves as point of contact between the team and Support Units in the resolution of issues escalated by the team with the tools and systems. Provide a close follow up to the solution in a timely manner to Support Unit. 

• Prepare and maintain updated internal documents with relevant information of the team such as: progress initiatives and projects, actions plan resulted from meetings with stakeholders and committees, progress of Trainings and developments programs, actions plans from Quality reviews, among others. 

• Accountability in ensuring an effective challenge function is performed around the review and approval process of EDD forms, ensuring the quality of the documentation is appropriate and in accordance with the Bank’s KYC and EDD requirements. 

• Support EDDU team when is needed in the Responsibility for the completion of EDD/SEDD as per policy requirements, for cases triggered via client onboarding, Annual Refresh processes for stock and flow clients ensuring adherence to SLAs and EDD timelines associated with the particular high risk client category. 

• Employ additional secondary controls to identify high risk relationships that are not properly identified and categorized during the on boarding process or that become high risk subsequently, providing for overall program integrity. Utilize Impromptu and FORTENT to conduct and thereafter action searches in line with the EDDU policy. 

• Complete all applicable referrals of unusual transactions noted during the process of performing the EDD for managing high risk customers and submit the required supporting documentation to the country AML monitoring unit 

• Support the efficient and effective execution of the EDDU functions through coordination of the maintenance of proper records and audit trail of all High Risk Relationships from the sites supported by the EDDU, ensuring appropriate filing systems, storage and record retention and back up of the Master High Risk Lists circulated to the field and the EDDU Access Database in line with established timelines.

• Maintain and critically analyze the records of all EDDU activities in such a manner as will enable the accurate and timely submission of required reports. 

• As an AML subject matter expert within the first line, provide direction and guidance to regional line managers and compliance officers on appropriate administration which should be in place over relationships that potentially pose heightened compliance risk, within stipulated SLA timelines. 

• Acquire and maintain a current understanding of the political, cultural and general business environment in the Country/Hub. Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practices, criminal typologies and developing trends. Assist in identifying systemic procedural weaknesses and additional training requirements for the Scotiabank group. 

• Assist the Manager, EDDU with monitoring that branches/business units are not in compliance with related high risk customers identification, EDD, enhanced KYC, and regulatory programs policies and procedures.

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. 

• Actively 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 Standards and the Guidelines for Business Conduct. 

• Champions 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.

Education / Experience

University degree in a business or industrial engineering related field, together with: 
• Minimum 3 years of experience in the financial industry, of which at least 1 must be related to Compliance, Risk Management or AML. 

• General knowledge of activities related to Personal Banking, Small Business, Commercial & Corporate Banking, as so too of AML processes, sanctions & know your client. 

• Effective communication skills. 

• Bilingual English/Spanish (required). 

• General understanding of Scotiabank products, procedures and internal systems. 

• Excellent analytical and skills & critical thinking for making rational and logical deductions with limited information. Able to gather, analyze, organize, document y present volumes of information in an organized and summarized manner. 

• Intermediate Advance level with Microsoft Office (Word, Excel, Access, PowerPoint) and internet search engines. 

• Strong organization and time management skills. Able to work under pressure. 

• Knowledge of international AML regulations, statutes, best practices and information requirements is a plus. 

• Negotiation Skills – must be able to guide employees to solutions on areas of opportunities. 

• Leadership skills. 

• Bilingual (required) English/Spanish – Intermediate Level.

Location(s):  Dominican Republic : Santo Domingo : Santo Domingo East || Dominican Republic : Santo Domingo : Santo Domingo North || Dominican Republic : Santo Domingo : Santo Domingo West

Business Address: Zona Franca Las Americas 

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.