Business Analysis Specialist - AML Risk PMO (Toronto, ON)

Scotiabank; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

Scotiabank is seeking a Business Analysis Specialist for the AML Risk PMO in Toronto, ON. You will manage delivery and support of AML/regulatory technology solutions, define business requirements, and drive processes with minimal customer impact while reducing regulatory risk.

The role requires a university degree and 5–7 years of BA experience in financial services, with knowledge of AML regulations and experience in payment screening, supported by strong communication and leadership

Qualifications

• University degree and 5–7 years business analysis experience in financial services.
• Experience in Risk, AML or Compliance.
• Experience with Payment Screening is an asset.
• Experience with Waterfall, Agile, and Iterative delivery.
• Proficient in MS Visio, JIRA, and Confluence.
• Strong analytical, communication, and leadership skills.

Responsibilities

• Independently resolve complex, multi-faceted problems to meet business needs related to AML/Regulatory tech solutions.
• Lead multiple small projects or sections of large projects from BA perspective.
• Plan and coordinate requirements development, design, testing, rollout, and user training.
• Ensure timely completion of projects while adhering to regulatory and control frameworks.
• Contribute to effective day-to-day operations and risk management within AML/ATF and regulatory guidelines.

Skills

Business analysis

Regulatory AML

JIRA

Confluence

MS Visio

Agile

Waterfall

Requirements gathering

Stakeholder management

Process improvement

Education

University degree

Tools

JIRA

Confluence

MS Visio

Job description

Title: Business Analysis Specialist - AML Risk PMO (Toronto, ON)

Requisition ID: 275627
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Business Analyst Specialist is primarily responsible for managing the delivery and support of medium-to-complex regulatory AML & Compliance technology solutions for the AML Risk PMO to meet the business and operational needs. As such, the BA Specialist is accountable for defining business requirements and process changes to ensure the least impact to the customer while reducing the Bank's regulatory risk (e.g., compliance to various Anti-Money Laundering-related regulations).

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

• Independently resolve complex, multi-faceted problems to meet the business needs related to the project, by applying industry, technology, and regulatory knowledge to the design of methodologies, models, and/or systems solutions. This may involve rapid prototyping, with requirements and solutions developed on an iterative basis that provides interim deliverables until a final production solution is available. This includes conducting research and analysis, accurately and clearly defining user requirements/stories and processes, and consulting with the users or their representatives.
• Lead, from a Business Analysis perspective, multiple small projects and/or specific sections of large projects to implement solutions to business problems. Support the Project Manager in developing detailed project plans, monitoring progress against planned objectives, and securing consensus and co-operation from users and senior management.
• Plan/coordinate the development and implementation of requirements (analysis, design, development, testing, roll-out). Provide guidance for the implementation of requirements as required and align with project team if needed.
• Confirm the validity and accuracy of requirements and follow up with the stakeholders, as required.
• Participate in the systems implementation process by defining business requirements and processes, and/or reviewing test strategies and test cases, documenting user procedures and workflows, developing conversion and implementation strategies and plans, providing user documentation, providing user training, transitioning to steady state and providing post-implementation support.
• Ensure the timely and accurate completion of projects through participation in the production of implementation strategies and presentation of proposed changes.
• Contribute to an environment of effective and efficient operations, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet assigned obligations with respect to operational risk & Business Sustainment accountabilities, 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.

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 and 5 – 7 years business analysis experience, preferably in financial services with experience in Risk, AML or Compliance.
• Experience in 'Payment Screening' initiatives considered an asset.
• Experience operating under multiple project delivery frameworks (Waterfall, Agile, Iterative).
• Process improvement experience with an understanding of workflow analysis and design.
• Demonstrated ability to effectively engage with business and IT resources.
• Has a comprehensive understanding of relevant banking processes, current and anticipated regulatory requirements (e.g., AML-related regulations)
• Possesses intermediate to advanced level skills in the use mapping & flow chart software tool (e.g., MS Visio), JIRA, and Confluence.
• Possesses creativity, is results oriented, and demonstrates excellent analytical and communication (verbal/written/presentation) skills and ability to apply these skills to independently resolve complex business problems.
• Demonstrates strong interpersonal and leadership skills along with negotiation skills to build consensus and obtain cooperation from the team, end users, senior management, and other stakeholders.
• Demonstrates time management and organization skills in order to effectively manage work on multiple projects/initiatives.
• Has a solid understanding and working experience of systems development techniques (e.g., Waterfall & hybrid and/or full Agile), including requirements/user story specification and testing methodologies.
• Experience leading requirements gathering sessions with business stakeholders, documenting detailed requirements, and conducting requirements review sessions with both business and technology partners.

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 our 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.