Title:  Manager, Global Sanctions Advisory

Requisition ID: 221924

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

The Manager, Global Sanctions Advisory contributes to the overall success of the Global Sanctions team by ensuring specific individual goals, plans, and initiatives are executed and delivered in support of the team’s business strategies and objectives. This role ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures.

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

• As a sanctions subject matter expert, provide advisory services critical to the sustainment of Scotiabank’s Sanctions Program.

• Provide advice and counsel to business lines and compliance functions on sanctions regulatory requirements and associated policies and standards, including in relation to payments that alert for sanctions reasons and customers with exposure to sanctioned countries.

• Draft, review, and update procedures for the Global Sanctions Office and maintain associated procedure logs.

• Support Senior Managers and the Director with updating internal guidance documents published by the Global Sanctions Office.

• Review procedures and controls of business lines and relevant operating units and provide an analysis and recommendation to the Senior Managers and/or Director as to whether they are aligned with Scotiabank’s Sanctions Program.

• Review sanctions hits escalated to the Global Sanctions Office and collaborated with business lines to ensure that hits are handled appropriately.

• Contribute to the design and delivery of sanctions training programs and related education initiatives.

• Prepare sanctions-related regulatory reports and contribute to the content and design of Senior/Executive Management reporting on sanctions-related regulatory matters.

• Participate in sanctions-related internal audits and external regulatory reviews.

• Research all current, relevant sanctions laws, regulatory requirements, and industry best practices.

• Build strong partnerships with business lines and other key stakeholders and work collaboratively across functional teams to resolve open sanctions issues in a timely and effective manner.

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

• Promote operational efficiency.

Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:

• Bachelor’s degree with a minimum of 2 years of experience in a Sanctions, AML/ATF, law, compliance, and/or Audit capacity in a matrix financial organization; or its equivalent in education and years of experience.

• AML/ATF/Sanctions-related professional designation (e.g., CAMS, CGSS, CSS) must be maintained and/or obtained.

• Thorough knowledge of Canadian, US, and UN economic and anti-terrorism sanctions laws, and the Canadian Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and Regulations.

• Working knowledge of AML/ATF and economic and anti-terrorism sanctions laws and regulatory standards in those international jurisdictions where Scotiabank does business.

• Working knowledge of international sanctions risk management standards and industry best practices.

• Solid market intelligence is required of the financial services industry in Canada and internationally where Scotiabank is located.

• Strong analytical, problem-solving, and critical thinking skills with solid organization and time management skills to deal with complex operational issues in a matrix organization.

• Demonstrated attention to detail.

• Demonstrated integrity when working with colleagues and leading others by setting an example of required behaviors.

• Excellent written and verbal communication skills, able to manage difficult conversations.

• High clients focus and high risk management focus.

• A self-starter with the ability to work both independently and collaboratively.

• Results-oriented and highly motivated.

• Skilled proficiency with MS Office (Word, Excel, PowerPoint, Outlook) and other related productivity tools.

What's in it for you?

• In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!

• You'll be part of a diverse, collaborative, innovative, and high-performing team

• We offer a competitive rewards package:

• Performance bonus, Employee Share Ownership Program, and Pension Plan Matching

• Health Benefits from day one!

• You will relish work-life balance, team events, and opportunities to participate in the community.

• 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.