Title:  Manager - Business Risk Management, AML

Requisition ID: 262995 

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

Purpose:

 
Contributes to the overall success of the Wealth AML team for Global Wealth Management ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.  Ensure all activities conducted are following governing regulations, internal policies and procedures.

Additionally, the role integrates data-driven risk management, technology enablement, and reporting capabilities to strengthen AML oversight, enhance operational efficiency, and support informed decision-making.

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

AML Governance & Risk Management
• Champion a client-focused culture to deepen relationships and leverage broader Bank and Wealth systems and knowledge
• Support audit remediation activities, including action plan development and issue resolution 
• Provide guidance and interpretation of AML/Sanctions requirements to Wealth business lines 
• Liaise with internal partners (AML Risk, Global AML Operations, Canadian Banking AML) to implement enterprise policies 
• Maintain awareness of regulatory developments and industry best practices 
• Monitor adherence to policies, procedures, and standards, escalating issues as appropriate 
• Support implementation of new regulatory and internal AML requirements 
• Provide advisory support on new products, services, and initiatives to ensure AML risks are identified and mitigated 
• Contribute to minimizing financial, regulatory, and reputational risks to the Bank

Data Analysis & Insights
• Perform data analysis to identify trends, anomalies, and control gaps across AML/KYC processes
• Monitor key metrics such as: 
    * KYC data quality
    * Overdue client reviews
    * Transaction monitoring outcomes
• Generate data-driven insights to support risk identification and decision-making
• Partner with data teams to improve data quality, lineage, and governance
• Support reconciliation, validation, and integrity of AML data across systems

Power BI Reporting & Visualization
• Develop and maintain Power BI dashboards and reports for AML metrics, audit tracking, and operational performance
• Translate business requirements into clear, user-friendly visualizations
• Ensure consistency, accuracy, and governance over reporting outputs
• Enable self-service reporting capabilities for stakeholders, where appropriate

Technology Project Management
• Support and lead AML technology initiatives (e.g., system enhancements, data flow to support core AML domains)
• Participate in the full project lifecycle: 
    * Business requirements gathering
    * Stakeholder engagement
    * User Acceptance Testing (UAT)
    * Implementation and post-production validation
• Act as a bridge between business, AML, and technology teams
• Track project milestones, risks, and dependencies to ensure timely delivery
• Provide input into technology roadmaps and prioritization of AML initiatives

Stakeholder Engagement & Communication
• Collaborate with cross-functional teams and stakeholders across the Bank
• Communicate findings, insights, and recommendations to senior management
• Provide training and guidance to Wealth teams on AML policies and emerging risks
• Act as a key resource for AML-related inquiries and initiatives

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

 
Core Competencies
• Strong analytical, problem-solving, and communication skills
• Solid understanding of Wealth Management products, clients, and business lines 
• Knowledge of AML/ATF/Sanctions regulations and risk management practices 
• Ability to operate in a fast-paced, high-demand environment

Experience Requirements
• Minimum 5+ years of AML, risk management, or financial services experience
• Experience supporting audit and regulatory remediation activities
• Proven experience in data analysis and interpretation
• Hands-on experience with Power BI (mandatory): 
• Dashboard and report development
• Data visualization best practices
• Experience in data analysis tools (Excel advanced, SQL preferred) 
• Experience supporting or managing technology-related initiatives or projects 
• Understanding of data governance, controls, and reporting frameworks

Education
• CAMS certification and courses in AML/ATF would be an asset
• Degree in Business, Finance, Data Analytics, or related field preferred

Work Arrangement:

 
The incumbent works in a standard office environment. Normal sensory attention is required. The incumbent is occasionally required to travel. Frequent interruptions, ad hoc requests and unplanned operating issues, along with constantly changing priorities contribute to the high demands placed on the incumbent. Non-standard working hours are a regular occurrence.

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.