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Title:  Senior Manager, GBM AML Risk, Monitoring Strategy & Governance




Requisition ID: 166859

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




Contributes to the overall success of the Global GBM AML Risk team 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.  The Senior Manager will work closely with the Director and Senior Manager, Monitoring Strategy & Governance to manage the delivery of change initiatives by establishing project structure and governance, overseeing milestone delivery and coordinating across stakeholder groups, both within the AML Risk function and across functions


•    Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
•    Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
•    Executes the GBM Roadmap for transaction monitoring, which includes rule design documentation, testing of new rules, and other tasks associated with the development of new rules.
•    Works with GBM regional teams and partners in modelling, data and technology to support the governance of the monitoring program.
•    Supports the periodic reviews of product coverage assessments across the GBM footprint.
•    Continues to enhance the target operating model and TM framework to promote a sustainable monitoring program.
•    Responsible for the continued development of strategic projects such as contextual monitoring.
•    The Senior Manager will operate as an internal management consultant and oversee project execution, developing and supporting project deliverables, identifying and escalating resourcing needs as they occur, and providing regular reporting on project progress.
•    Leads the design, assessment and implementation of strategic initiatives on behalf of GBM AML Risk and manages the coordination and implementation of changes as a result of AML strategies, plans and remediation efforts.
•    Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team. 
•    Provides GBM AML analytical support for ad hoc initiatives and issue resolution. Conducts analytical and system trainings to facilitate knowledge transfer and methodology standardization.
•    Presents to senior leadership and executives on risks, new initiatives, and project updates.
•    Provide KPI/KRI reporting on Transaction Monitoring to committees/forums as required.
•    The Senior Manager is responsible for managing multiple complex projects in the organization
•    Track responses and plans to remediate issues raised by AML Audits and regulatory examinations related to Transaction Monitoring globally.
•    Report on the status of the remediation plans for the enhancement of controls.
•    Perform industry and regulatory research and analysis, staying abreast of AML regulatory developments and attends AML training courses.

Education / Experience


•    Minimum of 5-7 years in financial services operations and AML/ATF compliance
•    Minimum Bachelor’s degree in business, related field or equivalent experience 
•    CAMS certified preferred
•    Strong communications, analytical and organizational skills
•    Transaction monitoring implementation experience
•    Strong knowledge of GBMs businesses, products, operations, systems, and organization 
•    Strong Knowledge of AML/ATF regulatory requirements and expectations
•    Demonstrated experience in the use of AML related software/systems
•    Experience building Power BI reports
•    Significant experience building macros and pivots in MS Excel, and strong skills in MS PowerPoint
•    Demonstrated experience in use of analytics software, i.e., SAS, SQL etc.




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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