Title:  Name Screening Analyst, Global AML Operations

Requisition ID: 262303 

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

The Analyst contributes to the overall success of Name Screening, ensuring specific individual goals, plans, and initiatives are executed/delivered in support of the team’s business strategies and objectives. Ensures all activities are conducted in compliance with governing regulations and internal policies and procedures to effectively mitigate risk.

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

• Independently investigate and resolve alerts generated by the Bank’s Automated Customer Risk Monitoring tools. Take appropriate action to mitigate risk to the Bank through the timely identification of clients matching against high-risk customer lists, including but not limited to Politically Exposed Persons (PEPs) and Sanctions.
• Review customer records, account information, and open- or closed-source intelligence to draw conclusions and determine when a match is present. Prepare referrals based on associated risk to internal partners (AML Operations, AML Risk, Global Sanctions, Corporate Security, etc.) in a timely manner to maintain SLAs.
• Ensure proper records and an audit trail of investigational activity and dispositions are maintained. Clear and factual commentary is required to ensure ease of reference for other stakeholders.
• Request information as necessary from business units and conduct follow-ups in accordance with SLAs and documented procedures. Maintain records and documentation in accordance with regulatory requirements and departmental standards. Ensure non-responses are escalated in a timely manner.
• Identify and document opportunities for increased efficiency within Name Screening and participate in the implementation process through effective stakeholder collaboration.
• Identify and escalate to Management unusual alert activity driven by increased volumes, alerting issues, or data quality issues.
• Acquire and maintain an understanding of internal AML policies and procedures, regulatory sanctions, and PCMLTFA to ensure obligations are upheld regarding the identification of listed individuals and entities.
• Understand and apply the Bank’s risk appetite and risk culture in day-to-day activities and decisions.
• Engage in other ad hoc or administrative duties to support Name Screening as required.

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 relevant experience or its equivalent in a financial institution in Audit, Compliance, Commercial or Retail Network.
• Strong analytical skills to make rational and logical deductions, at times with limited information.
• Ability to gather, analyze, organize, document and present large volumes of information in a succinct and organized manner.
• Excellent written and verbal communication skills.
• Advanced research skills to develop business intelligence on specific industries and business models.
• A sound understanding of the Bank’s business lines, products, processes, policies, and practices.
• Proficiency with Bank systems/platforms and common computer applications including Word, Excel, Teams/Skype and internet search engines.
• Solid knowledge of the Anti-Money Laundering and KYC principles.
• Working knowledge of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and supporting regulations.

What's in it for you?

• Champion a high-performance environment and contribute to an inclusive work environment.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• A competitive compensation and comprehensive benefits plan.
• An organization committed to making a difference in our communities - for you and our customers.
• You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

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.