Associate, US Client Onboarding

Scotiabank; Dallas (TX); On-site; USD 80,000 - 100,000; Full time

Benefits offered by this job

Flexible benefit programs

Focus on holistic well-being

Job summary

Scotiabank in Dallas seeks a Regulatory Onboarding Specialist to facilitate efficient onboarding of US Global Banking and Markets clients, ensuring compliance with KYC/AML regulations.

The role requires 4-6 years of experience in financial services, a relevant Bachelor's degree, and effective communication and analytical skills. Scotiabank offers flexible benefit programs to support your holistic well-being.

Qualifications

• Minimum of 4–6 years in financial services specializing in regulatory frameworks.
• Experience with KYC/AML regulations including BSA and FATCA.
• Ability to manage high-risk customer reviews and operations under pressure.

Responsibilities

• Facilitate regulatory onboarding for Global Banking and Markets clients.
• Resolve day-to-day onboarding matters and escalate complex issues.
• Develop and report KYC metrics to management.

Skills

Knowledge of US KYC/AML regulations

Strong communication skills

Analytical skills

Project management skills

Ability to work independently

Education

Bachelor’s degree in business or related field

CAMS or equivalent certification

Job description

Purpose

Assists in the onboarding of new client relationships, working with the business lines and clients. Includes US KYC / AML, FINRA, BSA, SEC, FATCA and other regulations impacting the US Business. Escalates KYC, AML & Sanctions related issues and concerns to appropriate teams.

What You'll Do

• Facilitate the regulatory onboarding of US Global Banking and Markets clients in an efficient, compliant and client‑centric manner;
• Resolve day‑to‑day matters for the regulatory onboarding operations teams in the US and escalate complex issues to appropriate departments for resolution;
• Continually acquire and enhance knowledge of both the Bank’s and the Division’s business strategies and policies, risk management practices and methodologies, product offerings, financial markets, financial instruments, regulatory requirements, and Bank Office processes;
• Follow and adhere to AML controls; including review of high‑risk customers, PEP screenings, and standard KYC / AML policies;
• Develop and report KYC metrics, and prepare management reports for stakeholder meetings;
• Collaborate with business line management to develop processes and procedures to implement and maintain the business line AML Program, including customer on‑boarding, customer refresh, name scanning;
• Work with team members and stakeholders to implement new procedures and regulations to meet and exceed internal / external audit standards.

What You'll Bring

• Minimum of 4–6 years in financial services and recognized expertise of current and anticipated regulatory frameworks impacting client onboarding in the US – namely, US KYC/AML (BSA, PATRIOT Act, FINRA Rules) and FATCA;
• Minimum Bachelor’s degree in business, related field; compliance or equivalent experience;
• Recognized subject matter certifications preferred (CAMS, CGSS, FIS, etc.);
• A sound understanding of the banking and capital markets business is necessary, as is a client‑centric approach to the role. Must have broad knowledge of the end‑to‑end workflows among the Front, Middle and Back Offices. Will require work outside of traditional business hours from time to time;
• Must be able to operate effectively within a stressful environment with changing priorities and tight time frames;
• Knowledge of quality assurance processes;
• Strong communications, analytical, organizational, project management, and planning skills;
• Knowledge of businesses, products, operations, systems, and organization; and
• Ability to work independently and in team setting.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well‑being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

Equal Opportunity Employer

Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.