Manager, Program Risk, Global Sanctions & Screening

Scotiabank; Toronto; On-site; CAD 65,000 - 90,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive benefits

Job summary

Scotiabank is seeking a sanctions compliance professional to support the Global Sanctions & Screening (GSS) program. You will contribute to risk assessments, advise on sanctions considerations for new products and third-party engagements, and help track regulatory changes.

The role emphasizes collaboration across internal teams, adherence to regulatory standards, and maintaining documentation and trackers. A strong analytical mindset and communication skills are essential for success in a

Qualifications

• Bachelor’s degree or higher in a relevant discipline.
• Detail-oriented with analytical, problem-solving and critical thinking skills.
• Strong written and verbal communication skills.
• Proficient organization, planning, time management and reporting skills.
• Working knowledge of Canadian and U.S. AML/ATF and sanctions laws is a plus.

Responsibilities

• Support execution of sanctions program activities including assessing risks of new products/services.
• Assess sanctions risks of third-party engagements and contractual arrangements.
• Track regulatory changes impacting sanctions program and update documentation.
• Maintain risk assessment records and share updates with stakeholders.
• Coordinate governance, training trackers, and communications for GSS program matters.
• Collaborate with internal stakeholders and support a high-performance, inclusive culture.

Skills

Sanctions compliance

Analytical thinking

Communication skills

Organizational skills

Regulatory knowledge

MS Office proficiency

Education

Bachelor’s degree or higher in a relevant discipline

Tools

MS Office

Job description

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

Contributes to the overall success of the Global Sanctions & Screening (GSS) program risk function by ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the functions and the strategies and objectives of the GSS team. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

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

• Supporting with the execution of various activities that are critical to the sustainment of Scotiabank’s sanctions program risk function, including:
  • assessing and advising on sanctions risks of new product/service initiatives;
  • assessing and advising on sanctions risks of third party engagements and their associated contractual arrangements;
  • tracking and identifying impact of sanctions-relevant regulatory changes;
  • updating GSS-specific program risk documentation;
  • maintaining a recordkeeping system for completed risk assessments; and
  • distributing to applicable stakeholders a tracker of completed, pending and on hold new product/service initiatives.
• Execute ad hoc assignments in support of the GSS Program Governance and Training functions, as instructed by the Director, Global Sanctions , including
  • maintaining GSS document and training trackers;
  • coordinating timely communications of certain GSS program matters; and
  • maintaining and enhancing sanctions communication channels, including the GSS SharePoint site.
• Build strong partnerships with key internal stakeholders and work collaboratively across functional teams.
• Foster a high-performance, inclusive work environment that reinforces both individual accountability and strong inter-team cooperation.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

Skills

Do you have the skills that will enable you to succeed? We’d love to work with you if you have:

• Bachelor’s degree or higher in a relevant discipline with a minimum of two years of sanctions compliance program experience, or other related experience in a financial institution setting.
• Detail-oriented with strong analytical, problem-solving and critical thinking skills.
• Strong written and verbal communication skills.
• Proficient organization, planning, time management and reporting skills.
• Results oriented and highly motivated.
• Working knowledge of Canadian and U.S. AML/ATF and economic sanctions laws, regulatory standards and industry best practices.
• Skilled proficiency with MS Office (Word, Excel, PowerPoint, Outlook) and other related productivity tools.
• Working knowledge of financial services sector business, products, operations and systems.
• AML/ATF/sanctions-related professional designation (e.g. CAMS, CGSS, CSS) is an asset.

What’s in it for you?

• 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. 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.