- Entry level
- No Education
- Salary to negotiate
Requisition ID: 61284
Join the Global Community of Scotiabankers to help customers become better off.
Contributes to the overall success of Triage Operations ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.
- Investigate and assess customer alerted activity generated from the automated transaction monitoring system to identify potential money-laundering or terrorist financing.
- Conduct automated alert adjudication to close or escalate for further review. Request information as necessary from business units; maintain records and related documentation in accordance with regulatory requirements and departmental standard in the alert management system.
- Identify opportunities for efficiencies within Triage and system improvements and participate in the implementation process.
- Work collaboratively with other business lines and corporate stakeholder groups to implement appropriate due diligence and customer remediation steps to minimize regulatory and reputational risk to Scotiabank.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Maintain a sound knowledge and understanding of the Bank’s AML policies and procedures.
- Keep abreast of new and emerging trends, typologies, and changes to legislation.
- Ensure all obligations under the PCMLTFA are being upheld, including the identification and timely reporting of designated individuals as well as politically exposed persons.
- Engage in other adhoc or administrative duties to support Triage as required.
- Foster a high performance and inclusive environment that attracts, retains, develops and motivates.
Education / Experience
- Bachelor’s degree with a minimum of 2 years of relevant experience or its equivalent in a financial institution in Audit, Compliance, Commercial or Retail Network. In addition:
- Strong analytical skills to make rational and logical deductions, at times with limited information.
- Ability to gather, analyze, organize, document and present large volumes of information in a succinct and organized manner.
- Excellent written and verbal communication skills.
- Advanced research skills to develop business intelligence on specific industries and business models.
- A sound understanding of corporate, commercial and small business banking products, processes, policies and practices.
- Proficiency with Bank product systems/platforms and common computer applications including Word, Excel, Lotus Notes and internet search engines.
- Solid knowledge of the Anti-Money Laundering and KYC policies and procedures.
- Working knowledge of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and supporting regulations.
- Experience with SWIFT cross-border payments and messages would be beneficial.
- ACAMS/CAMS Designation would be an asset.
Location(s): Canada : Ontario : Toronto
As Canada’s International Bank, we are a leader when it comes to inclusion. We are a diverse and global team, speaking more than 100 languages with backgrounds from more than 120 countries. 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. Candidates selected for an interview will be contacted directly. If you require accommodation during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible.