Assistant Manager, Business Enablement, Global AML Operations

Scotiabank•Toronto, ON

2d•Onsite

About The Position

Reporting to the Senior Manager, Business Enablement, the manager supports the Business Enablement team in day-to-day operations and assists in project management and/or implementation for new initiatives promoting AML/ATF and sanctions risk management compliance. Ensures all activities are conducted in compliance with governing regulations, internal policies, and procedures.

Requirements

Solid knowledge of local and major international AML/ATF regulations and regulatory reporting framework.
Demonstrated ability to interact and engage with management and executive level stakeholders.
Demonstrated ability to work independently with limited supervision.
Demonstrated ability to identify, manage, and escalate conduct, operational, and customer risk appropriately.
Demonstrated ability to influence internal partners in order to obtain required documentation and information.
Demonstrated ability to build strong cross-functional business relationships.
Demonstrated ability to identify and implement continuous improvement initiatives to drive operational efficiency without compromising requirements.
Demonstrated analytical, problem-solving and critical thinking skills with solid organization and time management skills.
Demonstrated ability to develop and communicate unit strategy

Responsibilities

Support the Business Enablement Team to drive a customer focused culture throughout their teams to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Operate within the Bank’s risk appetite and conduct business and interactions with customers, employees, suppliers, and others in a legal and ethical manner that promotes integrity across the Bank.
Escalate risk identified as part of assigned activities to the Business Enablement Team in order to effectively mitigate and manage risk to the Bank.
Escalate any concerns regarding conduct risk or a deficiency in internal controls, policies or procedures.
Create an environment in which the team pursues effective and efficient operations 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.
Support other AML-related activities and/or investigations, as needed, across AML Operations functions.
Maintain a sound knowledge and understanding of the Bank’s policies and internal procedures and protocols.
Respond promptly to requests and concerns from internal partners.
Report unusual transactions or activities as soon as practicable and according to documented protocols should any be observed.
Review data and reports to identify trends and areas of risk and appropriately communicate and escalate concerns.
Assist in unit planning and strategy discussions to meet unit business objectives and regulatory requirements, as well as representing the unit in critical projects and committees as assigned.
Provide problem resolution and support to internal and external partners, as requested.
Document and issue minutes of meetings and action items and decisions.
Follow up with key stakeholders responsible for issue resolution and risk mitigation plans including recording detailed results and tracking