Title:  Senior Manager, Regulatory Implementations, Global AML

Requisition ID: 226652

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

The Senior Manager, Regulatory Implementations, will report to the Director of Regulatory Implementations (Canada), Enterprise Standards & Learning within Global AML. This role entails providing oversight, subject matter expertise, and relationship management to key AML partners in support of the Global AML Program, including compliance with all Canadian regulatory bodies, such as the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and its associated regulations. The incumbent will be instrumental in liaising with key First and Second Line AML business lines, conducting and supporting impact assessments of regulatory changes, facilitating problem-solving, and overseeing the delivery of project outcomes.

In addition to staying current with regulatory changes, the Senior Manager will lead initiatives as a Product Owner, collaborating closely with both business and technology partners to ensure the successful achievement of initiatives and compliance with the Bank’s regulatory obligations. This role requires a proactive approach to strengthening the Global AML Program by identifying regulatory changes and supporting AML initiatives across all relevant channels and business lines.

As a strategic business partner, the Senior Manager will ensure that plans and initiatives are aligned with governing regulations and internal Global AML policies and procedures. The role involves leading workstream initiatives, working with business and technology partners to remove roadblocks, and ensuring that projects are delivered according to the defined scope and timeline. This position is crucial in maintaining the integrity and effectiveness of the Bank’s Global AML Program.

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

• Possess a strong understanding of detailed Canadian regulations, interpret requirements, and deliver plans and milestones across business lines.
• Ensure business or technical solutions evolve through collaboration between self-organizing, cross-functional teams.
• As a Product Owner, lead the development and support of the overall PCMLTFA roadmap across business lines.
• Partner with other bank-wide Global AML Program and project teams to foster a deeper understanding of relevant initiatives and timelines.
• Document impact assessments for PCMLTFA initiatives and assist in the development and implementation of roadmaps to minimize operational disruption.
• Oversee project deliverables and scope, recommend actions to resolve issues, and manage relationships with key partners and stakeholders to achieve agreed-upon outcomes.
• Facilitate daily problem-solving, working closely with key Business Lines on implementation challenges, and escalate issues when necessary.
• Collaborate with analytics and technology teams to drive a deeper understanding of the business, the impact of regulations, and required changes; define success metrics and develop dashboards as needed.
• Stay abreast of current local and global AML trends and how they can be adopted to strengthen the Bank’s Global AML Program.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Adapt duties based on organizational needs and in support of team priorities.

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

• A university degree or equivalent in AML, Compliance, Audit, or a related field (preferred)
• Excellent strategic influencing and relationship-building skills
• Deep knowledge of Canadian AML/AFT and Sanctions regulations
• Strong understanding of the Canadian banking, financial services, and payments sectors (an asset)
• Strong analytical capabilities with proven experience in leveraging data insights
• A performance-oriented mindset with a focus on efficiency and a strong sense of urgency
• Strong communication skills, with the ability to convey complex information to various audiences
• Strong negotiation, managerial, and strategic thinking skills, with a proven ability to advise senior executives and adapt to business needs
• ACAMS Certification (considered an asset)

What's in it for you?

• In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
• You'll be part of a diverse, collaborative, innovative, and high-performing team
• We offer a competitive rewards package:
• Performance bonus, Employee Share Ownership Program, and Pension Plan Matching
• Health Benefits from day one!
• You will relish work-life balance, team events, and opportunities to participate in the community.
• Your career matters!  You will have access to career development and progression opportunities.

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.