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Title:  Manager, Canadian Policy & Reporting, AML Risk




Requisition ID: 166660

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




The candidate is responsible for supporting the Senior Manager and Director and for providing AML Compliance advice and counsel on AML/ATF regulatory requirements, specific to Canadian legislation.  The candidate will also be assisting in policy interpretations related to AML/ATF Canadian Policy and FINTRAC expectations. The Manager is responsible in assisting the Senior Manager and Director to ensure stakeholders are kept up to date on regulatory developments and best practices in respect to Canadian AML/ATF requirements, as well as amend processes/controls accordingly. The candidate will also be responsible for assisting the Senior Manager and Director in identifying unacceptable AML risks and collaborating with the appropriate stakeholders to manage and escalate them. 


Key Accountabilities

•    Supports a customer focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
•    Works under the leadership of the Senior Manager and Director, will be directly responsible for assisting in the overall workstream execution by:

 - Drafting risk decisions
            - Creating and presenting illustrative scenarios/examples for internal and external discussion
            - Reviewing New Initiative AML/ATF & Sanctions Risk Assessments and Third Party Risk 
              Management processes to ensure controls under development will meet the   
              legislative requirements; and
            -Taking a key policy role in the implementation of legislative changes
•    Ensures that the Canadian Policy team’s documented processes and actual practices are aligned with enterprise policies
•    Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
•    Delivers key insights from an AML Risk execution perspective to inform senor management and executive leadership
•    Supports the Senior Manager and Director of the Canadian Policy and Regulatory Reporting, AML Risk team with all on-going and ad-hoc program requirements to ensure successful delivery
•    Works with relevant key stakeholders within AML as needed, to ensure requirements from a program delivery, and reporting perspective are met
•    Develops and maintains a sound knowledge and understanding of the Bank’s AML/ATF policies and procedures
•    Maintains ongoing knowledge of compliance with the Regulations specific to the Proceeds of Crime Money Laundering and Terrorist Financing Act (PCMLTFA) and keeps abreast of regulatory changes that impacts the Bank’s first line operations


•    Excellent written and verbal communication skills.
•    Strong understanding and functionality in Word and Excel. 
•    Strong practical skills in Adobe Acrobat is an asset.
•    AML/ATF, Sanctions and Compliance knowledge is an asset.
•    Certified Anti-Money Laundering Specialist (CAMS or CAMS-audit) or Association of Certified Financial Crime Specialists (ACFCS) is an asset.


Note: A written test may be required if candidate is selected to move on to the next round, after passing an initial interview. 


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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