Senior Manager, Global AML US Cash Management - Systems and Data Oversight

Scotiabank; New York (NY); On-site; USD 117,000 - 225,000; Full time

Job summary

Join a purpose-driven team at a leading bank in the Americas, where you will play a crucial role in overseeing the U.S. Cash Management program. This individual contributor position focuses on data oversight, integration, and governance, ensuring compliance with AML regulations while enhancing operational efficiencies. You will collaborate with various stakeholders to implement innovative banking solutions and improve data integrity. If you are passionate about making a difference in the financial services sector and thrive in a client-centric environment, this opportunity is perfect for you. Bring your expertise and help us drive success in a fast-paced, inclusive culture.

Benefits

Flexible Benefit Programs

Holistic Well-being Support

Qualifications

• 5+ years of experience in financial services or commercial banking.
• Knowledge of AML, payment, or cash management is an asset.

Responsibilities

• Oversee systems and data management for U.S. Cash Management program.
• Ensure compliance with AML and Sanctions regulations.

Skills

Data Management

AML Knowledge

SQL

Statistical Analysis

Machine Learning with Python

Agile Methodologies

Communication Skills

Education

University Degree

College Diploma

Tools

Power BI

Job description

Requisition ID: 214448

Salary Range:117,400.00-224,700.00

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.

Sr. Manager, Global AML US Cash Management – Systems and Data Oversight - New York, NY

Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Corporate and Commercial clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us.

As our clients transform their operating models, expand globally and deploy digital capabilities, their cash management needs are evolving too. Boasting a unique global footprint, GTB’s comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline treasury processes, simplify payments, improve working capital performance, and mitigate financial risk.

At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.

Purpose:

The Sr. Manager, Global AML US Cash Management – Systems and Data Oversight, contributes to the overall success of the U.S. Cash Management program, ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the Cash Management and Global Transaction Banking strategies and objectives, in adherence to U.S. AML and Sanctions regulations, and Scotiabank AML and Sanctions Policy requirements. The role involves overseeing the systems and data management of various sources (Finacle, APS) that are integrated into the U.S. AML program, specifically focused on the U.S. Cash Management program. In addition, the role contributes to the overall success of the U.S. AML Risk Analytics team by ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives. This role ensures all activities conducted are in compliance with governing regulations, internal policies and procedures. This is an individual contributor position.

The role works with stakeholders across the three lines of defense, specifically with the AML Technology, AML Models and Analytics, and AML PMO groups. This role will also coordinate with other stakeholders including U.S. BSA/AML Program, Global Transaction Banking, Global AML, Client Onboarding, and Internal Controls in the delivery of the U.S. Cash Management program objectives.

Accountabilities:

• Champions a client-centric, result-driven culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Performs other duties and activities as may be assigned by the U.S. BSA/AML Officer, the GTB AML Risk Program Director, and the Director of U.S. AML Risk Analytics as required.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

Requirements:

• Data Oversight & Integration
  • Oversee and support the design, implementation and maintenance of USCM AML related key risk controls (transaction monitoring), data sources, data warehouses and performance indicators, including data visualization and standardized reporting, globally.
  • Coordinate and oversee the drafting and reporting, including escalating issues and highlighting areas of potential risk to the U.S. AML Program, USCM/GTB senior management and executive committees, and Bank committees.
  • Participate in RFI/RFP for new services that would be implemented as part of USCM to ensure AML requirements are addressed.
• Data Governance & Data Management
  • Partner with and challenge, as necessary, the technology team supporting the design & development of data structure and data transformation/mapping logic for Transaction Monitoring, Sanctions Screening, and KYC/CDD systems.
  • Partner with AML Models & Analytics team to support the development of new or maintenance of existing Transaction Monitoring models.
  • Partner with technology teams of in scope product systems to ensure that required data is available and accessible for AML use.
  • Build and operationalize complex data solutions, correct problems, apply transformations, and recommend data cleaning/quality solutions.
  • Monitor, develop, and implement data quality checks for all systems/applications that involve the USCM program.
  • Develop and implement data reconciliation and monitoring routines to help improve data integrity and accuracy as the USCM AML expands across the USMCA corridor (United States-Mexico-Canada).
• Risk Management
  • Identify, analyze, and report on data management risks to the USCM program and U.S. AML programs and any other related internal groups.
  • Oversee AML controls implemented by the first line of defense (U.S./GTB Internal Controls and GBM Onboarding) such as KYC Onboarding (Fenergo) and the second line of defence (Transaction Monitoring).
  • Support US/Enterprise AML Issues Management involving data issues including but not limited to the USCM and U.S. AML program.
  • Collaborate with the business and technology stakeholders to address and remediate issues in a timely manner based on priority and severity.
  • Collaborate with cross-functional teams to understand business requirements and develop efficient solutions.

What You’ll Bring:

• 5+ years of professional experience (preferably in financial services and/or commercial banking)
• University degree and/or college diploma
• Knowledge or experience in AML or payment or cash management or related experience is an asset
• Knowledge of SQL
• Experience with statistical analysis and machine learning with Python is a plus
• Experience with agile methodologies, implementing and managing visualization tools such as Power BI
• Experience in data infrastructure is a plus
• Excellent communication and inter-personal skills, with a strong client-centric focus

Interested?
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.

#GTB

Location(s): United States : New York : New York City

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. 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.