Analyst, GBM AML Risk Assessment

Scotiabank•Dallas, TX

About The Position

The Analyst, GBM/GTB AML and Sanctions Risk Assessment, contributes to the overall success of the GBM/GTB AML Risk Assessment Team by supporting the strategic execution and continuous enhancement of AML and Sanctions risk assessment activities across Global Banking and Markets (GBM) and Global Transaction Banking (GTB). The Analyst will support Change Management Risk Assessments from an AML and Sanctions lens, including both the New Initiative Risk Assessment / New Initiative AML & Sanctions Risk Assessment process (NIRA/NIASRA) and Third-Party Risk Assessment reviews. The role will support the Senior Manager, GBM AML Risk Assessments, while contributing to the broader Risk Assessment Team’s mandate under the Head of GBM/GTB AML Risk Assessment. The successful candidate will support the review, coordination, documentation, and tracking of AML and Sanctions risks associated with new initiatives, products, services, business changes, and third-party relationships. In addition, the Analyst will help develop clear, and well-organized materials for stakeholders, including risk assessment summaries, action item trackers, meeting materials, and management reporting that support timely decision-making, effective challenge, and regulatory-ready documentation.

Requirements

Minimum of 1-3 years in financial services, AML/ATF, Sanctions, risk management, compliance, audit, operations, or a related control function;
Minimum Bachelor’s degree in business, finance, risk management, related field or equivalent experience;
Strong written communication skills with the ability to summarize complex information clearly and concisely for management and stakeholders;
Strong organizational skills with the ability to maintain trackers, monitor deadlines, coordinate follow-ups, and support multiple assessments at different stages of completion;
Ability to work independently and cooperatively in a team environment, including with senior stakeholders and cross-functional partner groups;
Good problem-solving, time management, and judgment skills, with attention to detail and a willingness to ask questions when further clarification is required;
Comfort operating in a fast-paced change management environment with evolving priorities, deadlines, and stakeholder expectations;
Demonstrates curiosity, sound judgment, and interest in learning AML and Sanctions risk assessment practices.

Nice To Haves

ACAMS certified or interest in pursuing AML-related certification preferred;
Knowledge of GBM and GTB businesses, including capital markets, transaction banking, products, services, operations, and systems preferred;
Knowledge of AML/ATF and Sanctions regulatory requirements, expectations, and risk assessment concepts preferred;

Responsibilities

Support Change Management Risk Assessments from an AML and Sanctions perspective by assisting with reviews of new initiatives, products, services, business changes, and third-party relationships across GBM and GTB.
Support the NIRA/NIASRA process by coordinating intake, reviewing materials, documenting AML and Sanctions considerations, tracking open items, and supporting timely completion of assessments in alignment with program expectations.
Support Third-Party Risk Assessment reviews by helping evaluate AML and Sanctions risks associated with vendor, service provider, and third-party relationships, including review of relevant documentation, risk factors, controls, and escalation points.
Assist in identifying, documenting, and escalating AML and Sanctions risks including client, product, geography, transaction, sanctions, control, and operational considerations relevant to new initiatives and third-party engagements.
Maintain assessment trackers, inventories, and supporting documentation to provide visibility into assessment status, aging items, stakeholder follow-ups, key decisions, and required action plans.
Support effective challenge and quality assurance by reviewing submissions for completeness, consistency, and alignment with AML and Sanctions risk assessment methodology, procedures, and regulatory expectations.
Collaborate with the business, onboarding, business risk management, sanctions advisory, other members of the AML program third-party risk, operations, and technology stakeholders to obtain required information, clarify risk drivers, and support consistent execution of the assessment process.
Prepare clear written summaries and presentation materials that communicate risk assessment outcomes, open issues, action items, and key themes in a concise and management-ready format.
Contribute to continuous enhancement of Change Management Risk Assessment procedures by helping document process steps, identify efficiency opportunities, strengthen controls, and support consistency across NIRA/NIASRA and Third-Party Risk Assessment activities.
Support the broader annual GBM/GTB AML and Sanctions Risk Assessment mandate as needed by assisting with data gathering, analysis, documentation, or stakeholder coordination where capacity or program priorities require cross-team support.
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.