Bilingual (English/Spanish) Senior Manager AML Risk - International AML Advisory Requisition ID: 235714 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Senior Manager, AML Risk is responsible for understanding the AML/ATF and Sanctions risk profile of the applicable business units and supporting them in the identification and management of inherent risks (product, customer, and geography). The Senior Manager is also responsible for escalating elevated or unacceptable risks and guiding the business in the implementation and monitoring of first-line AML controls. **Is this role right for you? In this role, you will:** + Policy & Procedure development and guidance: + Support the assigned portfolio in the development, maintenance, and implementation of procedures to ensure that regulatory and Enterprise policy obligations are met. + Facilitate the escalation of queries from the business line AML Advisors to Enterprise Control owners/Centralized execution teams or the relevant Enterprise Policy and Standards team to address specific clarifications. + Implementation and oversight of the Enterprise AML/ATF Programs: + Support the implementation of the Enterprise AML/ATF Program across the assigned portfolio. + Facilitate the escalation of queries from business line AML Advisors (1B) and AML Operations to second-line (2B) functions such as Risk Detection, Global Sanctions Office, and the Transaction Monitoring & Name Screening teams. + Assess business-generated AML management information to ensure that metrics are within tolerance and action plans are in place where appropriate. + Design and maintain departmental oversight procedures as applicable. + Enterprise AML risk assessments and associated reviews: + Provide support and effective challenge to the assigned portfolio through participation in the Enterprise AML self-assessments. + Contribute towards ongoing risk reviews (e.g., product, occupation list, geographical). + Contribute towards thematic risk appetite statements to clearly articulate the business line CAMLO's position on specific topics, business segments, and customer types. + Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions and communicate that to assigned business units. + Client risk rating (oversight of methodology and enhanced due diligence): + Support the assigned portfolio in the design and ongoing execution of a customer risk rating model to assess customer suitability throughout their lifecycle (onboarding, periodic, and de-market) as applicable. + Support the assigned portfolio in ensuring that business procedures for the capture and updating of key customer data points meet Enterprise and regulatory requirements and that enhanced due diligence is conducted when appropriate. + Advisory services to the business: + Provide advisory services and oversight to the business line through participation in AML-related forums and the timely response to ad hoc queries from the assigned portfolio. + Support the implementation of the annual business line AML/ATF training program. + Champion a customer-focused culture by developing effective relationships with key staff across the organization and act as the primary communication point for the assigned business unit. + Provide subject matter expertise to business and Enterprise project working groups to contribute to the design and implementation of effective controls that are sustainable and with client primacy in mind. + Establish effective mechanisms for decision-making and for appropriate escalation of information to senior management. + Control review and effectiveness assessment: + Review, assess, and advise the business on ML/TF and Sanctions risks and the effectiveness of AML controls associated with new products, services, and initiatives; participate in the ongoing development of the initiative where the implementation or enhancement of AML controls is required. + Review and assess ML/TF and Sanctions risks and mitigating controls associated with the onboarding, renewal, or material amendment of third-party outsourcing arrangements. + Identify opportunities to evaluate existing controls and promote a culture of continuous monitoring during the normal course of engagement with business line partners. + Perform quality assurance reviews per documented policies and procedures over New Initiatives Risk Assessments and Third-Party Risk Assessments as applicable. + Regulatory Exam/Relationship management: + Support in-country teams in the management of regulatory engagements. + Support in-country teams in the escalation of emerging risks and trends stemming from regulatory relationship management as related to AML. + Audit Liaison: + Act as the audit liaison as related to issues management and audit engagements. + Records and Information Management: + Support the assigned portfolio in identifying the critical data elements to enable the Enterprise record retention schedule application. + Champion a high-performance environment by fostering an inclusive work environment. + Support technical excellence by searching out external best practices, monitoring technical and professional developments, sharing knowledge, and encouraging others to do the same in the best interests of the team and its stakeholders. + Encourage and enable cross-business and cross-functional teamwork by demonstrating collaboration and leadership in action and challenging behaviours that are not consistent with Scotiabank’s diversity policy and/or the best interests of the business and its customers. + Develop critical skill sets in team members and provide a stimulating work environment geared towards personal and professional growth. + Be ultimately responsible for the performance management of direct reports (if applicable), using relevant tools, continuous dialogue, and ensuring timely action is taken to improve underperformance. + Take a hands-on approach to coaching with regular and productive use of personal development plans and appropriate follow-up. **Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:** + Appropriate post-secondary degree with a minimum of 5 years of experience in any given field of AML, Compliance, business operations, and/or Audit within a matrix financial institution; or its equivalent in education and years of experience. + Advanced analytical, problem-solving, and critical thinking skills with solid organizational and time management capabilities. + Ability to prioritize activities to effectively react to a rapidly evolving environment. + Demonstrated integrity when working with colleagues and leading others by setting an example of required behaviours. + Excellent written and verbal communication skills, team leadership, and relationship management skills. + Ability to lead, motivate, and influence other senior stakeholders across a wide range of strategic initiatives and agendas. + High clients focus and high-risk management focus. + Proven ability to build strong cross-functional business relationships. + Proven experience identifying and implementing process enhancements, as well as the experience to oversee the resolution of process deficiencies and drive operational efficiency without compromising compliance requirements. + Results-oriented, highly motivated with a keen ability to influence others. + Excellent written and verbal communication skills and a proven ability to present to senior executives confidently and effectively. + Functional fluency in Spanish and experience operating across multiple jurisdictions and geographical locations. **What's in it for you?** + In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed! + You'll be part of a diverse, collaborative, innovative, and high-performing team + We offer a competitive rewards package: + Performance bonus, Employee Share Ownership Program, and Pension Plan Matching + Health Benefits from day one! + You will relish work-life balance, team events, and opportunities to participate in the community. + Your career matters! You will have access to career development and progression opportunities. 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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.