Senior Manager, Global AML, Global Banking and Markets (Toronto, ON)

Scotiabank · Toronto

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Requisition ID: 277701 

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

Leads and oversees GBM AML Risk activities in Canada, supporting the Director, Head of Global AML, GBM Canada in the management and oversight of AML/ATF and sanctions risk across the Canadian GBM businesses. Ensures strategies, plans and initiatives are executed and delivered in compliance with applicable laws and regulations, internal policies and procedures, and the Bank’s risk appetite. Provides independent second-line oversight, advice and effective challenge to support sound risk decisions and sustainable program execution.

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

• Leads and drives a customer-focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Oversees and supports execution of the GBM Canada AML/ATF and sanctions program, translating Enterprise and GBM standards and Canadian regulatory requirements into clear priorities and sustainable program practices.
• Provides independent second-line advice and effective challenge to GBM businesses and Business Line Support and Control functions on the identification, assessment, management and escalation of AML/ATF and sanctions risk.
• Advises on products, programs, clients and services, including review and challenge of Canadian New Initiative Risk Assessments, to confirm risks are appropriately identified and supported by proportionate controls.
• Challenges business control assessments and monitors remediation plans to support timely, complete and sustainable resolution of identified issues and control deficiencies.
• Assesses relevant policies, standards and procedures for alignment with Canadian regulatory requirements and identifies enhancements required to address gaps or emerging risk.
• Leads or coordinates program change initiatives for GBM Canada AML Risk, including stakeholder engagement, implementation oversight, dependency management and escalation of delivery risks.
• Coordinates with First and Second Line stakeholders across Canada to support timely execution, transparent reporting and consistent management of material AML/ATF and sanctions matters.
• Provides training and guidance to 1A and 1B functions on relevant AML/ATF and sanctions policies, program requirements and Canadian regulatory developments.
• Prepares and delivers regular reports, communications and presentations to management and governance forums on program execution, risk themes, issues, remediation and emerging developments.
• Develops and maintains procedures and supporting documentation required for consistent execution, governance and evidence of key program activities.
• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which the team pursues effective and efficient operations in accordance with Scotiabank’s Values, Code of Conduct and Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls regarding operational, compliance, AML/ATF, sanctions and conduct risk.
• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates the team by fostering an inclusive work environment, using a coaching mindset and behaviours, communicating vision, values and business strategy, and supporting succession and development planning.

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

• University degree or equivalent relevant experience.
• 8+ years of progressive experience in AML/ATF, sanctions, compliance, risk management, audit or a related control function within financial services preferred.
• Strong knowledge of Canadian AML/ATF and sanctions regulatory requirements and their application to wholesale banking, capital markets and related products and services.
• Demonstrated experience providing independent second-line advice and challenge, assessing control effectiveness, and overseeing issue remediation and program change.
• Ability to lead specialized professionals, manage competing priorities and influence senior stakeholders across business and control functions.
• Strong written and verbal communication skills, including experience preparing management and governance reporting.
• AML, compliance or risk-related professional designation is an asset.

What's in it for you?

• Champion a high-performance environment and contribute to an inclusive work environment.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• A competitive compensation and comprehensive benefits plan.
• An organization committed to making a difference in our communities - for you and our customers.
• You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

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.

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