Title:  Senior Analyst, U.S. Cash Management Program Initiatives & Reporting, Global AML

Requisition ID: 214438

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

The Senior Analyst, U.S. Cash Management, Governance, Program Initiatives & Reporting, Global AML, contributes to the overall success of the U.S. Cash Management program, ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the Cash Management and Global Transaction Banking strategies and objectives, in adherence to U.S. AML and Sanctions regulations, and Scotiabank AML and Sanctions Policy requirements. The role will focus on supporting the USCM AML/Sanctions Lead. This involves a blend of administrative, operational, and program management responsibilities to support USCM AML while connecting working with related groups in Global Transaction Banking (GTB) such as Correspondent Banking, Payments, and Trade Finance.

The role works with stakeholders across the three lines of defense, including U.S. BSA/AML Program, Global Transaction Banking, Global AML, Client Onboarding, Internal Controls and other stakeholders in the delivery of the U.S. Cash Management program objectives.
 

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

• Champion a client-centric, results-driven culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.

• Execute the day-to-day responsibilities associated with the U.S. AML/Sanctions Risk process, such as monitoring, reviewing, and understanding new rules and regulations related to Cash Management and AML Compliance, and providing advice and guidance to appropriate stakeholders.

• Provide high-level assistance to the GTB AML Program Director, USCM AML/Sanctions lead, and USCM AML Governance & Program lead, including scheduling meetings, preparing presentation decks, drafting meeting minutes and reports, and following up on action items.

• Coordinate with GTB AML Risk groups (Correspondent Banking, Payments, and Trade Finance) to evaluate and determine whether there are program/project overlaps with the USCM AML/Sanctions and develop action plans to achieve operational efficiency and effectiveness. Evaluate the impact on AML and Sanctions risk from changes resulting from business expansion into new geographies, new products and services, organic business growth, system changes/new implementation, and regulatory requirements.

• Identify potential risks across the USMCA footprint associated with money laundering activities and develop strategies to mitigate these risks. Participate in ASRA (AML/Sanctions Risk Assessment), NIRA/NIASRA (New Initiative Risk Assessment / New Initiative AML & Sanctions Risk Assessment), RCSA (Risk Control Self-Assessment), and other Risk Assessments, and liaise with stakeholders including Global Transaction Banking, Internal Controls, and Global Wholesale Operations to identify processes, risks, controls, and corresponding ratings.

• Manage internal and external communications related to USCM AML/Sanctions program activities. This includes drafting reports, creating presentation materials, and maintaining contact with stakeholders.

• Maintain accurate records of program activities, prepare documentation for audits/testing/exams, and prepare presentations with relevant metrics.

• Support the USCM AML/Sanctions Lead and USCM Program and Governance Lead with the development of specific Cash Management training material in relation to an AML/Sanctions audience.

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

• Actively pursue effective and efficient operations of the 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.

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

• A minimum of 3+ years of experience in Financial Services or a related field, with experience in Global Transaction Banking preferred.

• A Bachelor’s degree in finance, business, or a related field.

• Good knowledge of business, products, operations, systems, and organization within the financial services sector, particularly in the Cash Management domain.

• An understanding of the impact of AML and Sanctions risk on Cash Management-related business activities.

• Bilingual communication skills in English and Spanish, both written and verbal, would be an asset.

• Experience working with Clausematch.

• Strong written and verbal communication skills, with the ability to influence decision-makers where appropriate.

• Strong analytical, organizational, project management, and planning skills.

• A self-starter with a proven record of success in delivering high-priority, high-impact deliverables under minimal supervision.

• Experience collaborating with diverse stakeholder groups to deliver projects in a timely fashion.

• Advanced knowledge of the Microsoft Office Suite of products, including:

  • Advanced Excel skills (at a minimum, the ability to use pivot tables, pivot charts, VLOOKUP, and similar functions with ease for daily activities, including the generation of reporting metrics).

  • Expert PowerPoint skills, including the ability to generate effective visual and written content to strengthen knowledge retention.

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.