Associate, US KYC Refresh

Scotiabank; Dallas (TX); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Flexible benefit programs

Holistic well-being focus

Job summary

Scotiabank is seeking a compliance professional to assist in the KYC Refresh for Global Banking and Markets clients in Dallas, Texas. The role involves working with various business lines to ensure compliance with US regulations including KYC/AML.

The ideal candidate will have a Bachelor’s degree, 3-5 years of financial services experience, and strong communication and project management skills. A client-centric approach is essential for this position.

Join a diverse and high-performing team and enjoy flexible benefits that address your overall well-being.

Qualifications

• 3-5 years in financial services with expertise in regulatory frameworks.
• Understanding of banking and capital markets operations.
• Effective in stressful environments with changing priorities.

Responsibilities

• Facilitate the refresh of US Global Banking and Markets clients.
• Work with stakeholders to implement new procedures.
• Update KYC platform tool with client information.

Skills

Regulatory knowledge (US KYC/AML)

Client-centric approach

Analytical skills

Project management

Education

Bachelor's degree in business or related field

Job description

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Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

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

Purpose

Assists in the KYC Refresh of GBM clients, 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 Periodic Refresh of US Global Banking and Markets clients in an efficient, compliant and client‑centric manner;
• Work with team members and stakeholders to implement new procedures and regulations to meet and exceed internal / external audit standards;
• Follow and adhere to AML controls; including review of high‑risk customers, PEP screenings, and standard KYC / AML procedures;
• Update KYC platform tool with new / updated client information, as required;
• Resolve day to day matters during the refresh process; elevate complex issues to appropriate departments and team members 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.

What You’ll Bring

• Minimum of 3-5 years in financial services and recognized expertise of current and anticipated regulatory frameworks impacting client onboarding in the US – namely, US KYC/AML, Dodd‑Frank and FATCA;
• Minimum Bachelor’s degree in business, related field; compliance or equivalent experience;
• A sound understanding of the banking and capital markets business is necessary, as is 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.

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

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.

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their 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. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. 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.

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.