Director, Onboarding, KYC/AML, Compliance

3 weeks ago

Toronto, Canada Scotiabank - Global Banking and Markets Full time
Requisition ID: 213655

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

Director, Onboarding, KYC/AML, Compliance & Operational Risk-International Banking

Scotiabank is Canada's most international bank, with an international presence unmatched by other Canadian Banks. Our operations include providing a full range of financial products, solutions and advice to retail, small business and commercial customers in Latin America, the Caribbean, Central America, and the Asia Pacific. In addition, our partnerships with associated corporations in China, Curacao, Thailand, and Venezuela provide an entire suite of personal, commercial, wealth management and insurance services to over 24 million customers globally.

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

Purpose

The Director will provide strategic direction, leadership, and oversight to client onboarding, KYC, AML & non-financial risks for International Commercial Banking. This includes the deployment of divisional initiatives, alignment of business processes to target and standard operating models, with a focus on enabling business strategy and delivering best-in class solutions while promoting a strong control framework.

The Director will act as the point of contact for the different units within IB Commercial to provide advice and guidance as it relates to all KYC/AML, Compliance and Operational Risk requirements established in the pertaining policies of the Bank. This role is responsible for KYC/AML Quality Assurance and for tracking of all AML and Compliance related deliverables for IB Commercial Banking.

The Director will build a strong control environment including establishing frameworks, processes, communication, testing programs and reporting as it relates to onboarding, KYC/AML, Compliance and Operational Risks, while focusing on operational efficiencies.

The Director will contribute to the overall success of IB Commercial Banking ensuring all plans and initiatives are delivered in support of overall business strategies, and are in compliance with governing regulations, internal policies and procedures.

What You’ll Do

  • Drive initiatives to improve client onboarding journeys and operational processes, addressing variances, supporting regional deployments, and providing rationale for customizations.
  • Act as an expert on client onboarding to support divisional initiatives, digital solutions, and process transformations, ensuring robust delivery and governance.
  • Continually assess and recommend enhancements for client onboarding and servicing processes, presenting recommendations supported by funding assessments and best practices.
  • Partner with stakeholders across business, operations, product, technology, compliance, and risk teams to ensure cross-functional alignment, timely execution, and effective change management.
  • Oversee the implementation of KYC/AML & Sanctions controls, ensuring compliance with enterprise policies and regulatory requirements, and provide advice on AML, KYC, and Sanctions standards.
  • Suggest updates to onboarding and remediation processes in line with KYC/AML policy changes, and provide guidance on customer approvals, ensuring compliance and consistency.
  • Escalate AML issues and policy variances, keeping management and partners informed of significant issues.
  • Establish and maintain strategic relationships for the implementation and sustainment of the KYC program across different units.
  • Develop and oversee business-line compliance activities and control frameworks, ensuring alignment with policies and regulatory risk management.
  • Lead the monitoring of non-financial risks related to AML, Compliance, Conduct, and Operational risk, including KYC/due diligence health, testing results, and action plans.
  • Oversee the KYC/AML/Non-Financial Risk Quality Assurance (QA) program, including strategy, sample selection, testing, and reporting to senior management.
  • Maintain awareness of AML and Non-Financial Risk regulatory expectations, promote a strong risk culture, and provide guidance on KYC/AML/Compliance training.
  • Monitor project milestones to ensure objectives are met in compliance with business strategies and policies, collaborating with relevant stakeholders.
  • Ensure effective and efficient operations, adhering to business controls for risk management, and champion a customer-focused culture to deepen client relationships and leverage bank resources.

What You'll Bring

  • Bachelor’s degree in business administration, finance, or equivalent work experience.
  • Knowledge of key products offered and markets served in IB Commercial division and related AML/ATF, compliance & sanctions requirements is necessary.
  • Experience with non-financial risk policy development, implementation, client onboarding/operating model processes, audit activities and/or risk assessment are necessary and will contribute to success.
  • Superior influencing skills with strong interpersonal and conflict resolution skills to build consensus and obtain cooperation.
  • Outstanding analytical, written and spoken communication abilities.
  • Highly organized and capable of dealing with complex projects.
  • ACAMS designation required.
  • Ability to manage different stakeholders from different cultures and disciplines
  • Strong understanding of the Global and local country regulatory landscape.
  • Advanced communication skills with a proven ability to establish credibility and effectively influence others in multiple settings.
  • Results focused and ability to deliver under pressure.
  • Fluency in English and Spanish is required.

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.

Location(s): Canada : Ontario : Toronto

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.

  • International AML Compliance Manager

    7 days ago

    Toronto, Ontario, Canada Scotiabank Full time

    Job SummaryWe are seeking an experienced Strategic Onboarding Director to join our team at Scotiabank. This role will provide strategic direction and leadership to client onboarding, KYC, AML & non-financial risks for International Commercial Banking.About the RoleProvide strategic direction, leadership, and oversight to client onboarding, KYC, AML &...

  • Kyc Analyst

    2 months ago

    Toronto, Canada Sumitomo Mitsui Banking Corporation Full time

    **Role Description**: The position is primarily responsible to conduct key KYC/AML tasks including customer onboardings, KYC periodic reviews, action from material/non-material trigger events, and maintenance of customer information in Branch systems (i.e., KYC system). The KYC Analyst will play an important role to ensure continuous compliance by the Branch...

  • AML/KYC Analyst, Risk Assessment

    2 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryThis is a six-month contract opportunity to provide support to the BB&E Due Diligence team and the business in performing customer due diligence, client risk assessment, and other first-line defense AML/KYC activities.About the RoleAs an AML/KYC Analyst, you will ensure that information obtained is of high quality, consistent with policies and...

  • Aml Kyc Consultant

    7 months ago

    Toronto, Canada G Associates LLC Full time

    **Title: AML KYC Consultant** **Location: Toronto, CA** **Length: 6 Months+** Develop and maintain policies, procedures and controls for AML and Sanctions regulatory requirements Provide guidance to the business and education related to AML matter Manage a team of 4+ analysts Lead efforts to improve the AML program to promote best practices for custom...

  • AML Compliance Operations Specialist

    1 week ago

    Old Toronto, Canada Scotiabank Full time

    Senior Analyst, Global Periodic RefreshRequisition ID: 213752Key Responsibilities:Data Management: Maintain accurate and up-to-date data for existing clients through periodic reviews in accordance with firm's policies and standards.System Updates: Ensure firm systems and databases are updated with relevant client information and documentation.Internal...

  • Intermediate Aml/kyc Analyst

    7 months ago

    Toronto, Canada Bank of China(Canada) Full time

    **Responsibilities**: - The Intermediate AML/KYC/Due Diligence Analyst will be responsible to work with Relationship Managers for the collection of information and preparation of Due Diligence work/reports for the review/approval of the Team Lead and associated stakeholders. - Identify and report any unusual activities noted during the above process ongoing...

  • Manager, Kyc Advisory

    5 days ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 170349 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **What you’ll be doing** The Manager, KYC Advisory, GBM AML Risk - Canada is responsible for 2nd Line oversight of Scotiabank KYC / Due Diligence activities across the GBM AML Risk portfolio to ensure business strategies, plans...

  • Commercial Support Specialist Kyc

    4 days ago

    Toronto, Canada Bank of America Full time

    Leads Customer Due Diligence processes by ensuring timely and accurate compliance to policy and regulatory requirements related to Anti-Money Laundering and Know-Your-Customer activities. - Own and manage the AML/KYC process and its effect on the client experience - Proactively engage in client conversation to educate contacts, prepare for deliverables and...

  • AML Compliance Lead Specialist

    1 week ago

    Old Toronto, Canada Scotiabank Full time

    Senior Analyst, Global Periodic Refresh Job DescriptionRequisition ID: 213752About the Role:This position involves refreshing data and documentation for existing clients on an ongoing basis per periodic reviews cycle in accordance with firm's policies, standards and procedures.Responsibilities include updating firm systems and databases with...

  • Business Analyst

    1 month ago

    Toronto, Canada CAPCO Full time

    **Capco - The Future. Now.** **Let’s Talk About You** You want to Own Your Career. You’re serious about rising as far and as fast as your work and achievements can take you. And you’re ready to write the next chapter of your career story: a challenging and rewarding role. **Let’s Get Down to Business** Capco is looking for talented, innovative...

  • Aml Compliance Officer

    2 weeks ago

    Toronto, Canada Raymond James Financial Full time

    **AML Compliance Officer** - 2202759 **Job Summary** As part of the Anti-Money Laundering (AML) team, under limited supervision, uses specialized knowledge and skills in securities and/or banking industry compliance obtained through experience, specialized training and/or certification to perform Know Your Customer (KYC), Enhanced Due Diligence, (EDD),...

  • Strategic AML Director

    4 weeks ago

    Old Toronto, Canada Scotiabank Full time

    Join Scotiabank, a leading bank in the Americas, as a Strategic AML Director. We help our customers achieve success through various advice, products, and services. Our purpose is to create prosperity for every future.We are seeking a highly skilled professional with a strong background in compliance and AML/KYC to lead our Anti-Money Laundering program. As a...

  • AML Compliance Senior Analyst

    1 week ago

    Old Toronto, Canada Scotiabank Full time

    p>Title: Senior Analyst, Global Periodic Refresh (12 month contract)Requisition ID: 213752Is this role right for you? In this role, you will:Refresh data and documentation for existing clients on an ongoing basis per periodic reviews cycle in accordance with firm’s policies, standards and procedures.Update firm systems and databases with...

  • Associate, Kyc Remediation

    5 days ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 160204 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Why work for Scotiabank?** Scotiabank is among the largest banks in the world and the most international bank in Canada. We are powered by our 97,000 high-performing teammates who make a real difference across the globe as a...

  • AML Compliance Senior Analyst

    1 week ago

    Old Toronto, Canada Scotiabank Full time

    p>Title: Senior Analyst, Global Periodic Refresh (12 month contract)Requisition ID: 213752Is this role right for you? In this role, you will:Refresh data and documentation for existing clients on an ongoing basis per periodic reviews cycle in accordance with firm`s policies, standards and proceduresInteracting with bankers and relationship managers to obtain...

  • Onboarding Specialist

    5 months ago

    Toronto, Canada TEKsystems Full time

    **Job Title: Regulatory Client Outreach Analyst** **Location: Toronto, ON (Hybrid work arrangement: 3 days in the office, core day every Wednesday, and 2 flexible days)** **Contract Length: 12 months with the possibility of extension** Company Overview: Our client, an industry leader, is expanding their team and seeking a Regulatory Client Outreach...

  • Director, Aml Advisory

    1 month ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 212946 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence...

  • Sr. Quality Control Analyst to perform AML investigations in the KYC Onboarding and Periodic Refresh streams within Capital Markets for a Professional Serv

    2 weeks ago

    Toronto, Ontario, C6A, Ontario, Canada S.i. Systems Full time

    Duration: 6 mo (High Chance of extension)Location: Remote Toronto 7.5 hr/dJob ID: RQ01239Candidates MUST be available for virtual interviews between December 10-13 and have availability to start working within one week of offer acceptance. Our Professional Services Client is in need of a Sr. Quality Control Analyst to perform AML investigations in the KYC...

  • Senior AML Compliance Professional

    2 weeks ago

    Toronto, Canada Teamrecruiter Inc Full time

    We are seeking a detail-oriented and highly confidential AML Compliance Specialist to join our team at Teamrecruiter Inc. in Toronto, ON.This role offers a unique opportunity to work in a collaborative and fast-paced environment with multiple groups within BMO, allowing you to build effective skills and confidence.The ideal candidate will have at least 2+...

  • Financial Services AML Compliance Expert

    1 week ago

    Old Toronto, Canada Scotiabank Full time

    Senior Analyst, Global Periodic Refresh Job OverviewThis 12-month contract role is a fantastic opportunity to work with an established Financial Services organization.Estimated Salary: $90,000 - $110,000 per year, depending on experience and qualifications.Job DescriptionIn this role, you will be responsible for refreshing data and documentation for existing...