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Title:  Senior Manager, AML Assessment & BAU




Requisition ID: 72070


Join the Global Community of Scotiabankers to help customers become better off.


The Senior Manager, AML Assessments & BAU reports to the Director, Canadian Banking AML and is responsible for helping enhance and sustain Canadian Banking’s AML and sanctions program. The incumbent will drive the design, development, and maintenance of key AML and sanctions processes and controls across Canadian Banking, with a focus on Risk Assessments and Sanctions Controls. The incumbent will actively pursue effective and efficient operations of his/her respective area, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, Enterprise Wide AML/ATF & Sanctions Handbook/Policies and the Guidelines for Business Conduct. 


Key Accountabilities:

  • Lead the development and sustainment of AML & sanction controls, with a focus on Risk Assessments (including AML / Sanctions Assessment programs, coordination with NIRA program, effectiveness attestations, risk factor assignments, etc).  This includes supporting Canadian Banking business units with development and implementation of processes, procedures, initiatives and best practices, ensuring compliance with regulations and internal policies and procedures.  
  • Lead and/or assist with the design and development of key Canadian Banking sanctions processes and procedures, including processes and procedures for identifying and mitigating country-based sanctions exposures
  • Proactively address gaps, identify opportunities, and lead changes to help streamline end-to-end AML and sanctions processes and procedures.
  • Contribute to the effective collaboration and successful execution of the AML & sanctions program across Canadian Banking and the 2nd line of defense.
  • Assist with resolving issues and negotiating compromises between team members/stakeholders to meet objectives, overcome obstacles and/or recommend alternatives, as required.
  • Keep stakeholders up to date on progress and escalated issues, ensuring recommendations/solutions are provided where applicable.
  • Prepare status updates on project accomplishments against milestones on a scheduled and ad hoc basis, as needed.
  • Maintains regulatory awareness, current knowledge of applicable regulatory requirements and industry best practice in operational risk
  • Champions a high performance environment and contributes to an inclusive work environment. 


  • Bachelor degree in Business Administration, Accounting, Finance with a minimum of 5 years of relevant AML/ATF or banking experience (Risk Assessment and project management experience a plus)
  • Strong knowledge of Canadian AML/ATF and sanctions regulations (CAMS designation, or working towards, a plus)
  • Strong performance orientation with a mind for efficiency and a strong sense of urgency
  • Strong communication skills and able to communicate complex information to various audiences
  • Strong relationship building competencies to build/maintain productive relationships with key stakeholders and business unit partners
  • Strong strategic influencing skills
  • Solid familiarity with one or more Canadian Banking business line (Retail, Commercial, or Wealth)
  • Knowledge of the Canadian banking financial services marketplace, customer segments, and the Bank’s relative competitive position within those market areas


Location(s):  Canada : Ontario : Toronto 

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.


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.

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