Requisition ID: 232524
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

THE ROLE:

Contributes to the overall success of Global Transaction Monitoring, 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.

IS THIS ROLE RIGHT FOR YOU? IN THIS ROLE YOU WILL:

• Investigate and assess customer alerted activity from all sources in the Transaction Monitoring Case Management System to identify or report potential money-laundering or terrorist financing.
• Request information as necessary from business units; maintain records and related documentation in accordance with regulatory requirements and departmental standard in the case management system.
• Identify opportunities for efficiencies within Global Transaction Monitoring and participate in the implementation process.
• Work collaboratively with other business lines and corporate stakeholder groups to implement appropriate due diligence and customer remediation steps to minimize regulatory and reputational risk to Scotiabank.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Maintain a sound knowledge and understanding of the Bank’s AML policies and procedures.
• Keep abreast of new and emerging trends, typologies, and changes to legislation.
• Ensure all obligations under the PCMLTFA are being upheld, including the identification and timely reporting of designated individuals as well as politically exposed persons.
• Engage in other adhoc or administrative duties to support Global Transaction Monitoring as required.
• Foster a high performance and inclusive environment that attracts, retains, develops and motivates.

DO YOU HAVE THE SKILLS THAT WILL ENABLE YOU TO SUCCEED IN THIS ROLE? WE’D LOVE TO WORK WITH YOU IF YOU HAVE:

• Bachelor’s degree with a minimum of 2 years of relevant experience or its equivalent in a financial institution in Audit, Compliance, Commercial or Retail Network.
• Bilingualism in both English and Spanish is required
• Strong analytical skills to make rational and logical deductions, at times with limited information.
• Ability to gather, analyze, organize, document and present large volumes of information in a succinct and organized manner.
• Excellent written and verbal communication skills.
• Advanced research skills to develop business intelligence on specific industries and business models.
• A sound understanding of the Bank’s business lines, products, processes, policies, and practices.
• Proficiency with Bank systems/platforms and common computer applications including Word, Excel, Teams and internet search engines.
• Solid knowledge of the Anti-Money Laundering and KYC principles.
• Working knowledge of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and supporting regulations.
• Experience with SWIFT cross-border payments
• ACAMS/CAMS Designation is an asset.