Senior AML Risk Lead, Canada — Second-Line Oversight

Scotiabank; Toronto; On-site; CAD 120,000 - 160,000; Full time

Job summary

Scotiabank is seeking a senior AML/ATF risk professional in Canada to lead and oversee the GBM AML/ATF and sanctions program. The role involves translating Canadian regulatory requirements into actionable priorities, providing independent second-line risk advice, and guiding remediation efforts across GBM Canada.

The role requires strong leadership, extensive AML/ATF experience, and the ability to influence senior stakeholders while ensuring compliance and effective risk management across

Qualifications

• University degree or equivalent relevant experience.
• 8+ years of progressive experience in AML/ATF, sanctions, compliance, risk management, audit or related control function.
• Strong knowledge of Canadian AML/ATF and sanctions regulatory requirements and their application to wholesale banking.
• Experience providing independent second-line advice and challenge, assessing control effectiveness, and overseeing remediation.
• Ability to lead specialized professionals, manage competing priorities and influence senior stakeholders.
• AML, compliance or risk-related professional designation is an asset.

Responsibilities

• Leads and drives a customer-focused culture to deepen client relationships and leverage Bank relationships and knowledge.
• Oversees execution of the GBM Canada AML/ATF and sanctions program and translates regulations into priorities and practices.
• Provides independent second-line advice to GBM businesses on AML/ATF and sanctions risk.
• Advises on products, programs, clients and services, including risk assessments with proportionate controls.
• Challenged on control assessments and supports remediation of issues and control deficiencies.
• Reviews policies and procedures for alignment with regulatory requirements and identifies enhancements.
• Leads program change initiatives and coordinates with stakeholders across Canada for timely execution.
• Provides training to 1A and 1B functions on AML/ATF policies and regulatory developments.
• Prepares reports and presentations on program execution, risk themes, issues and remediation.

Skills

AML/ATF risk

Regulatory knowledge

Second-line oversight

Stakeholder influence

Strong communication

Education

University degree

Job description

Scotiabank is seeking a senior AML/ATF risk professional in Canada to lead and oversee the GBM AML/ATF and sanctions program. The role involves translating Canadian regulatory requirements into actionable priorities, providing independent second-line risk advice, and guiding remediation efforts across GBM Canada.

The role requires strong leadership, extensive AML/ATF experience, and the ability to influence senior stakeholders while ensuring compliance and effective risk management across