Title:  Manager, Global ML/TF Risk Detection

Requisition ID: 264080 

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

Contributes to the overall success of the Global ML/TF Risk Detection Transaction Monitoring program with a focus on International Banking, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.  Ensures all activities conducted are following governing regulations, internal policies and procedures.

Is this role right for you? In this role, you will:

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
• Provide oversight and support to the Senior Manager & Director, Global ML/TF Risk Detection, responsible for scenario management to identify efficiencies, define scenario strategies, support the implementation of new initiatives and products while adhering to operational and global regulatory compliance risks
• Collaborate with different working groups and effectively conduct Post-Implementation Validation & Business Acceptance Testing for new and existing rules
• Execute and document the annual review of the Product Coverage Assessment (PCA) to identify possible transaction monitoring gaps or opportunities to enhance the coverage in the jurisdictions in International Banking (IB) where the bank operates
• Execute and document the Rules Design Guidelines when new or enhanced transaction monitoring rules or reports are to be implemented
• Execute and develop Business Requirements Document required to enhance transaction monitoring rules or processes related to the operation of automated rules or non-automated controls
• Execute Above The Line / Below The Line analysis of alerts generated as part of the calibration of TM rules to enhance the calibration process with a qualitative standpoint additional to the quantitative analysis (statistical analysis) executed by AMA
• Document relevant AML issues to be brought forward for decisions to close identified gaps within business lines and operational units, identify best practices, prepare relevant artifacts, obtain approvals and incorporate information into policy and procedures
• Ability to co-ordinate with other work streams, manage the back log, leverage the same technology resources and prioritize activities including audit, enhancements and production fixes while identifying dependencies and inefficiencies across work streams
• 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 in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Champions a high-performance environment and contributes to an inclusive work

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

• Bachelor’s Degree or higher in Business Administration or Computes Science
• Background and previous experience with automated AML/ATF transaction monitoring tools
• AML/ATF domain knowledge required
• Scotiabank International banking and system knowledge/ business units is an asset.
• Certified Anti Money Laundering Specialist (CAMS) or other recognized Financial Crimes certification is an asset
• Spanish speaking an asset

What’s in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.

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.