Title:  Senior Analyst Payment Screening , Level 2

Requisition ID: 209336

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

Purpose
Contributes to the overall success of the AML Operations Sanctions Payment Screening Team globally by ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team’s business strategies and objectives. 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:

• Review and analyze wire payments and messages to ensure transactions are compliant with current sanctions legislation and regulatory standards in the international jurisdictions in which Scotiabank does business with.
• Review and analyze potential matches to sanctioned individuals/entities, sanctioned jurisdictions, higher risk clients/jurisdictions and ensure consistency with internal procedures.
• Operate in a fast-paced environment with competing priorities and frequent deadlines while efficiently management a caseload of investigations to support the Sanctions Payment Screening team to ensure that Scotiabank is consistently compliant with applicable sanctions legislation enterprise wide.
• Build strong relationships with all stakeholders involved in the payment screening process – Level 1 Money Transfer Operations Compliance (MTOC) and Level 3 (Global Sanctions Office, New York Agency, London, Ireland, South Asia Pacific) – and successfully collaborate to facilitate shared success.
• Exercise good judgement when performing research with exceptional attention to detail and accuracy to deliver quality analysis in a timely manner.
• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• 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 environment.

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

• University degree or equivalent and a minimum of 3 years’ experience in AML or Banking/ Financial Industry Compliance disciplines.
• Working knowledge is required of:
  • Canadian economic and anti-terrorism sanctions laws; and
  • U.S. sanctions laws and export controls; and
  • The Canadian Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and Regulations
• Strong knowledge of various payment types (BESS, SWIFT, etc) and ability to decipher SWIFT messages to properly extract information necessary to aid in investigations
• Good knowledge of Scotiabank’s products, services and operational policies and delivery systems, including organizational structure and risk management methodologies.
• Some market intelligence is required of the financial services industry in Canada and internationally where Scotiabank is located.
• Thorough practical knowledge is required of MS Office (Word, Excel, PowerPoint, Outlook) and other related productivity tools.
• Certification from an AML/ATF related professional association (e.g. ACAMS) is an asset.
• Ability to communicate in French and/or Spanish is an asset.
• Strong communication skills (written, verbal and listening) are required.
• Accurate and thorough with strong analytical and critical thinking skills.
• Ability to gather, analyze, organize, document and present large volumes of information in a succinct and organized manner.
• Capable of managing competing priorities and frequent deadlines effectively and efficiently while consistently delivering results.
• Ability to work independently and recognize the need to escalate when required.
• Strong interpersonal skills and a good work ethic (punctual, reliable, demonstrate initiative).

What’s in it for you?

• A rewarding career path with diverse opportunities for professional development
• A culture that promotes teamwork and cross-functional collaboration to achieve business goals. Inclusive workplace that values diversity of thought, background, and experience.
• An organization committed to making a difference in our communities – for you and our customers.
• Opportunity to work with a very enthusiastic team that helps our clients by ensuring the Bank is able to continue to operate to deliver key business services.
• Hybrid working environment allowing for work/life balance.

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.