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Title:  Senior Manager, Enterprise AML Risk Assessment Program




Requisition ID: 175192

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



Contributes to the overall success of the Enterprise AML Risk Assessment Program team within AML Program Governance Office, ensuring specific individual goals, plans, initiatives are delivered in support of the team’s strategies and objectives.  The Senior Manager ensures all FCRM Risk Assessment activities are conducted in compliance with governing regulations, internal policies and procedures as well as the Bank’s overall risk appetite.  In this regard, the Senior Manager is responsible for designing, enhancing and maintaining the enterprise New Initiative AML/ATF and Sanctions Risk Assessment (“NIASRA”) methodology and related tools and documents. Additionally, the Senior Manager has responsibility for managing the overall NIASRA and maintaining required trackers and processes, in collaboration with numerous stakeholders including the Business Line FCRM teams.  




•    Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

•    Develops and maintains the enterprise new initiative AML/ATF and Sanctions risk assessment methodology and related tools, procedural and guidance documentation.

•    Centrally coordinates the management and execution of the enterprise new initiative AML/ATF and Sanctions risk assessment methodology and procedures across all business lines, and control and support functions.

•    Manages the overall new initiative AML/ATF and Sanctions risk assessment program and maintains required trackers and processes up to date.

•    Oversees the execution of the risk assessment process to ensure adherence to enterprise new initiative risk assessment requirements.

•    Ensures alignment with enterprise AML/ATF and Sanctions policies, standards and risk methodologies in relation to the inputs utilized for the new initiative risk assessment.

•    Represents FCRM within the Bank-wide New Initiative Risk Assessment (“NIRA”) Program.

•    Provides advice and counsel on the application of the enterprise new initiative risk assessment methodology as applicable to the AML program to ensure consistency across all business lines.

•    Acts as a conduit for feedback from various business lines, and corporate and support functions within the FCRM Program, and provides relevant feedback to facilitate ongoing enhancement of the Bank’s new initiative risk assessment policy and standards.

•    Identifies and reports key risk and performance metrics for senior management reporting related to new initiatives from the perspective of AML/ATF and Sanctions risk and the implementation of key mitigating controls. 

•    Stays abreast of emerging regulation in Canada and globally to identify developments and trends that may have an impact on risk assessment methodologies.

•    Maintains awareness of regulatory expectations and industry standards with respect to risk identification and assessment.

•    Understands 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.

•    Additional accountabilities as required.



•    Solid understanding of regulatory compliance matters linked to AML risk
•    Prior exposure to a control environment in risk management, compliance, or audit
•    Working knowledge of business environment supported by a strong understanding of policy and regulations
•    Analytical and problem-solving skills
•    Strong written and verbal communication skills



•    Undergraduate degree in business administration, finance with an understanding of quantitative methods
•    ACAMS designation or equivalent
•    5 years of related AML or risk management experience




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.

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