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Title:  Associate, AML Business Controls, Global Oversight




Requisition ID: 123415

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







The GBM 1st Line AML Controls function is critical for GBM and a key part of the overall Bank’s effort for AML/ATF and Sanctions compliance. In collaboration with various stakeholder groups within GBM and the bank, this role supports the effective design and execution of the program globally; ensuring business strategies, plans and initiatives are carried out in compliance with governing regulations, internal policies and procedures. 






  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Leads key program functions such as New Initiative AML/Sanctions Risk Assessment, and supports other high priority initiatives such as Enterprise Risk Assessment, Regulatory Compliance Management (RCM) and regulatory response.
  • Supports program reporting, financial reporting and program management across multiple project initiatives to deliver on AML regulatory commitments.
  • Plans and executes specific GBM AML 1st Line projects as assigned by collaborating with cross functional teams in achieving the multiple objectives on timeline, cost and scope. Ensure transparency, stakeholder alignment, and sound project risk management.
  • Proactively addresses gaps, identify opportunities and leads changes for streamlining or automating end to end processes and controls to enhance the project and program delivery.
  • In addition to structured project management and execution ability, the incumbent must be able to thrive in a complex program and possess excellent interpersonal and communication skills in collaborating with the business, support groups, stakeholders, and senior management.  These skills, along with the incumbent’s process improvement and change mindset, will allow the incumbent to effectively support the overall program management under intense pressure and high ambiguity.
  • Leads day-to-day project and program activities in a manner consistent with the Bank’s risk culture and the relevant risk appetite statement and limits. Communicates the Bank’s risk culture and risk appetite statement throughout their teams.
  • 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 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



  • Minimum 3 years’ experience in financial services
  • University degree in business, finance, engineering or other relevant field; MBA degree, PMP, Lean and Agile designation or experience is an asset.
  • Experience in enterprise level or large scale compliance or other change program is preferred; AML knowledge and experience would be a benefit.
  • Knowledge in capital markets and wholesale banking products and operating model is strongly preferred
  • Highly proficient Excel and PowerPoint skills with strong experience in developing executive level presentations
  • Data and financial analysis experience is preferred
  • Fast learner, strong analytical skills and critical thinking capabilities to frame and structure complex issues effectively and develop insights and recommendation.
  • Change agent with high energy, demonstrated strong ability to work under pressure, deal with ambiguities and uncertainties, and drive for result
  • Strong communications, organizational, project management, and planning skills




Location(s):  Canada : Ontario : Toronto 

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.

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