Senior Manager, Enterprise AML Payments Compliance

Scotiabank; Dallas (TX); On-site; USD 100,000 - 140,000; Full time

Benefits offered by this job

Flexible benefit programs to support well-being

Job summary

A leading financial institution in Dallas is seeking a Senior Manager, AML Payments Compliance to drive strategic direction and manage risks associated with payments. Responsibilities include overseeing the payment ecosystem, collaborating with Business Lines to craft AML solutions, and leading the identification and mitigation of AML risks. The ideal candidate possesses expert knowledge in payment messages, strong analytical skills, and effective communication abilities. This role promotes a culture of holistic well-being with flexible benefits.

Qualifications

• Strong knowledge of payment data and associated technology.
• Understanding of data flows, data integrity, and DFS Part 504 is an asset.

Responsibilities

• Provide AML and Sanctions oversight on payments.
• Work with Business Lines to craft AML solutions.
• Lead identification and mitigation of AML risks.
• Develop strategies to enhance payment efficiency.
• Manage projects related to enterprise payments.

Skills

Expert knowledge in payment messages (MT103, MT202, pacs.008, pacs.009, pain.001)

Knowledge of Global AML and Sanctions obligations

Strong analytical, problem-solving, and decision-making skills

Excellent communication and interpersonal skills

Ability to work in a fast-paced environment

Strong leadership skills

Job description

Requisition ID: 257576

Salary Range: -

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

The Senior Manager, AML Payments Compliance is responsible for driving the strategic direction and managing the risk associated with payments. This role serves as the point of contact for the Bank’s Business Lines (BLs) concerning AML and Sanctions payments initiatives, encompassing business‑as‑usual (BAU) processes, channels, rails, and initiatives related to payments. This role provides oversight and advisory on the enterprise‑wide payment ecosystem from a second line of defence perspective.

What You’ll Do

• Oversight and advisory on the payment ecosystem: Provide comprehensive AML and Sanctions oversight and advisory on our enterprise‑wide payments ecosystem, including SWIFT ISO20022 Global Mandate, payment types (including digital/fintech), channels, and jurisdictions, ensuring robust AML and Sanctions compliance across the board.
• Direct business collaboration: Work hand‑in‑hand with BLs to provide visibility and expertise in crafting AML solutions and ensuring an informed and strategic approach towards compliance.
• Efficiency through reduced touch points: Reduce redundant touch points for AML and Sanctions matters and optimise operational efficiency allowing for swifter, more focused compliance efforts.
• Risk Management: Lead the identification, assessment, and mitigation of AML and Sanctions risks related to enterprise payments. Ensure compliance with regulatory requirements and internal policies.
• Strategy Development: Develop and implement strategies to enhance the efficiency and effectiveness of enterprise payments. Collaborate with cross‑functional teams to align payment strategies with overall business objectives.
• Project Management: Oversee the planning, execution, and monitoring of projects related to enterprise payments. Ensure projects are delivered on time, within scope, and within budget.
• Timely resolution of AML and Sanctions issues: Address payments related AML and Sanctions concerns promptly.

What You’ll Bring

• Expert knowledge in payment messages (MT103, MT202, pacs.008, pacs.009, pain.001), payment data (ISO20022 data elements) and its associated technology (i.e., how data flows through the Bank to its downstream users (i.e., AML and Sanctions)).
• Knowledge of Global AML and Sanctions obligations, which include Transaction Monitoring, Sanctions Screening, KYC, Name Screening and Regulatory Reporting.
• Knowledge of the latest trends and best practices in the payments landscape.
• Understanding of data flows, data integrity, data lineage and DFS Part 504 are assets.
• Strong analytical, problem‑solving, and decision‑making skills.
• Excellent communication and interpersonal skills to work with many different stakeholders across the first and second line.
• Ability to work effectively in a fast‑paced, dynamic environment with evolving timelines and priorities.
• Demonstrate strong leadership skills by guiding and motivating the team to achieve their goals. This includes setting clear expectations, providing regular feedback, and fostering a positive work environment.
• Build and maintain strong relationships with key stakeholders. This involves effective communication, active listening, and addressing any concerns or issues that arise.

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.

#Dallas

Location(s): United States : Texas : Dallas

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.