Title:  Senior Business Analyst, Transaction & Name Screening Strategic Initiatives Problem Management

Requisition ID: 263839 

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

The Senior Business Analyst is accountable for the analysis, implementation, and ongoing functional support of the AML/ATF Enterprise Solutions Name Screening and Transaction Monitoring programs. The incumbent is also responsible for overseeing the end-to-end management of problems and issues related to these programs, including identifying, analyzing, and resolving the root causes of recurring incidents to support timely resolution, operational efficiency, and minimal impact to business activities.

Responsible for supporting 2nd Line AML/ATF Name Screening Solutions, Global AML/ATF Enterprise Solutions activities related to Name Screening customers against the appropriate lists to ensure compliance to regulatory requirements and Scotiabank AML/ATF policy needs. 

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

• Problem Identification and Classification: Identify and classify problems and issues that impact Name Screening and Transaction Monitoring processes
• Root Cause Analysis: Conduct thorough investigations to diagnose complex problems and determine their root causes
• Resolution Implementation: Coordinate with relevant teams to design and implement solutions that prevent the recurrence of identified problems
• Lifecycle Management: Manage the lifecycle of problems from detection to resolution, ensuring all activities are documented and tracked
• Proactive Problem Management: Develop strategies to proactively identify and eliminate potential issues before they escalate
• Documentation and Reporting: Create and maintain accurate records of problem management activities, including metrics for reporting and continuous improvement
• Projects and Enhancements: Participate in various projects and enhancement initiatives aimed at improving the efficiency and effectiveness of the name screening and transaction monitoring processes. Collaborate with cross-functional teams to implement solutions and drive continuous improvement. Identify and document business requirements, ensuring completeness and proper understanding and delivering on expectations 
• Collaboration:
• Develop and maintain strategic relationships with internal key stakeholders including IT departments and assigned LOB within Canadian Banking/ Wealth Management, International Banking and Global Banking & Markets to support the ACRM process in maintaining compliance in jurisdictions of which Scotiabank has a presence
• Liaise with Technology Support Team to ensure effective systems and technology are in place to support the Name Screening Coverage implementation.
• Development: Manage personal development to ensure knowledge and skills related to Business Process Design are continually enhanced.
• Change Management & Release Governance: Manage change readiness, testing, and release governance to ensure system updates are implemented safely and in line with AML controls.
• Operational Analysis: Perform operational-level analysis for high-complexity files and meta investigations, ensuring timely and complete resolution
• System Ownership & Vendor Management: Servs as the functional lead and primary liaison with different vendors to manage defects, upgrades, and compliance-aligned vendor delivery.

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 in business, Finance, Economics, Computer Science, or a related field
• Minimum of 1-3 years of experience in AML, having conducted transaction monitoring and name screening reviews
• Strong understanding/experience of the delivery lifecycle
• In-depth knowledge of anti-money laundering requirements
• Well-developed communication skills, with the demonstrated ability to influence and engage stakeholders effectively
• Well-developed communication skills, with the demonstrated ability to influence and engage stakeholders effectively
• ACAMS Certification is considered an asset
• Strong analytical and problem-solving capabilities, with the ability to manage multiple priorities and deliver high-quality results within tight timelines
• Thorough time management skills in order to satisfy the needs of a large client group and to manage several initiatives simultaneously
• Proficiency in Microsoft Office applications, including Word, Excel, PowerPoint, Project, and Visio, as well as knowledge of the Bank’s interactive systems
• Experience using SQL and Power BI are considered an asset
• Spanish language proficiency is an asset

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.