Senior Analyst (12-Month Contract GWO)

Scotiabank•Toronto, ON

2d•Hybrid

About The Position

GBM Onboarding Canada is a critical component in the bank’s overall AML Compliance efforts. The Senior Analyst assists in onboarding customers to GBM, ensuring we meet Enterprise-Wide and local onboarding standards, including regulatory requirements and bank-driven due diligence measures. The Senior Analyst investigates and assesses relationships for potential financial, reputational, operational and compliance risk in addition to indicators of money laundering, terrorist financing or sanctions concerns for GBM clients.

Requirements

Minimum 1-3 years’ experience in financial services and/ or KYC/AML/ATF
University degree in business, finance, law or other relevant field preferred
Proficient with MS Office with experience in data analytics
The incumbent must have recognized knowledge of current and anticipated regulatory frameworks impacting client onboarding including but not limited to knowledge of Canadian KYC/AML, CANDER, Dodd Frank, EMIR, MIFID and FATCA.
A sound understanding of global banking and capital markets business is desired, as is a client-centric approach to the role. The incumbent should have broad knowledge of the end-to-end workflows among the Front, Middle, and Back Offices.
Must be able to operate effectively within a stressful environment with changing priorities and tight time frames which are closely scrutinized by Senior/Executive Management
Excellent oral/written communication, relationship management, and time management skills
Fast learner with strong analytical skills and improvement mindset
High energy, demonstrated ability to work under pressure, deals well with ambiguities and uncertainties, and drives results

Nice To Haves

CAMS Certification
Experience with Fenergo
Fluency in Spanish
IIROC knowledge & dealer member experience

Responsibilities

Support the Associate (Team Lead) and Associate Director to ensure that the Bank is compliant with regulatory obligations and bank-driven risk measures.
Facilitate the Onboarding of GBM Canada clients in an efficient, compliant, and client-centric manner, while identifying and escalating complex issues to management for resolution.
Participate in constructive two-way feedback with the Team Lead, with a focus on learning and development.
Participate in development and delivery of training and/or improvements to guidance, procedures, processes, technology, etc.
Prioritize requests for information, establishing response times and escalate requests as required.
Analyze and escalate High-Risk, PEP and sanctions-related relationships with supporting documentation to internal stakeholders for review.
Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Act as an AML subject matter expert to the business and internal stakeholders.
Perform ad-hoc, special, and/or focused data analytics as necessary, as well as other duties and projects as assigned, to support management and various GBMO projects.
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Actively pursue effective and efficient operations while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
Work in partnership with internal stakeholders to deliver derivative regulatory requirements. Demonstrate knowledge of documentation requirements necessary to address regulatory requirements. Facilitate the review of derivative clients in an efficient, compliance, and client-centric manner.
This position supports GBM Canada onboarding. This requires a solid understanding of Canadian KYC/AML requirements and basic understanding of KYC/AML for other jurisdictions including US, Singapore, HK and UK.
The incumbent will be required to work with external clients and stakeholders from all levels and business lines. Communication and making linkages across multiple areas will be critical to success.
The position requires a structured and disciplined approach to data management, metrics and reporting as well as a continuous improvement and innovation mindset. Agility and openness to change are key drivers of success.
The position requires multiple concurrent activities under intense deadlines.
The position involves delivery within tight timelines as well as regular problem solving with a high level of ambiguity and complexity.