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Senior Manager, Governance and Compliance
2 months ago
We are seeking a highly skilled Senior Manager to lead our Governance and Compliance team. As a key member of our organization, you will be responsible for overseeing the execution of business strategies, plans, and initiatives in compliance with governing regulations, the Anti-Money Laundering (AML) Program, and internal policies/procedures.
Key Responsibilities- Lead and drive a Client-focused culture throughout the team to deepen Client relationships and leverage broader Bank relationships, systems, and knowledge.
- Understand enterprise-wide financial, regulatory, reputational, sanctions, and legal risks, and provide oversight and governance in all relevant business lines.
- Drive aspects of regulatory management and exam readiness, as well as issues management.
- Collaborate with key stakeholders, including AML Operations, on audit/issue management and closure, reporting, communications & change management, process/procedure enhancements, resource tracking/planning, and special projects.
- Support the activities and internal processes of the senior management AML committee(s).
- Collaborate with internal partners on the creation and implementation of training, including material and communication strategy.
- Contribute to communication and employee engagement strategies to reinforce 'tone at the top', creating a culture of compliance to ensure staff adheres to the Bank's AML/ATF and Sanctions policies, procedures, and processes, and all other Bank policies.
- Be responsible for employee engagement materials, including Town Hall, Newsletter, and Honour Roll, and drive new engagement initiatives.
- Support the design, assessment, and change management of bank-wide initiatives.
- Support the FIU (including the Special Investigations Unit [SIU] and SIU Projects team [SIUP]) with onboarding and offboarding, program governance, and meeting administration.
- Understand how the Bank's Risk Appetite Statement (RAS) and risk culture should be considered in day-to-day activities and decisions.
- Create an environment in which teams under their direction pursue effective and efficient operations while ensuring the adequacy, adherence to, and effectiveness of business controls to meet obligations with respect to operational risk, regulatory compliance risk, and conduct risk.
- Define opportunities for improvement for process, procedure, and employee engagement, to foster a strong and effective, high-performing FIU.
- Build a high-performance environment by implementing a human resource strategy that retains, develops, and motivates their team, fostering an inclusive work environment, communicating Scotiabank's and the Global AML Department's visions, values, and business strategy.
- Strategically anticipate and identify the need for additional resources, leading the hiring and human resource development process, managing succession and development planning for the team, and identifying and promoting high-performing individuals.
- Bachelor's degree (University Degree) with a minimum of 5 years of experience in AML, Compliance, Audit, and/or Change Management capacity in a major financial institution; or equivalent in education and years of experience.
- Certified Anti-Money Laundering Specialist designation is an asset.
- Ability to build strong cross-functional business relationships.
- Ability to identify and implement continuous improvement initiatives to drive operational efficiency without compromising compliance requirements.
- Ability to deliver an effective change management and communication strategy.
- Experience with Audit and regulatory exams is an asset.
- Experience leading employee engagement and training activities is an asset.
- Advanced problem-solving skills to deal with complex issues, across functions.
- Demonstrates integrity when working with colleagues and leads others by setting example of required behaviors.
- In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed.
- You'll be part of a diverse, collaborative, innovative, and high-performing team.
- We offer a competitive rewards package:
- Performance bonus, Employee Share Ownership Program, and Pension Plan Matching.
- Health Benefits from day one.
- You will relish work-life balance, team events, and opportunities to participate in the community.
- Your career matters You will have access to career development and progression opportunities.