Manager, Wealth Aml

Requisition ID: 166958 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Job Purpose**: Contributes to the overall success of the Wealth AML team for Global Wealth Management (Canada) ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures. **Is this role right for you? In this role, you will**: - Champions a client focused culture to deepen client relationships and leverage broader Bank & Wealth relationships, systems and knowledge. - Support the development, implementation and refinement of AML / ATF / Sanctions policies and procedures for Global Wealth Management (Canada) business lines - Support the development of action plans and implementation of issues identified by Audit, including in connection with remediating existing anti money laundering / sanctions issues - Along with the Senior Manager, acts as a key driver and leader for this initiative or any other initiative that maybe assigned - From time to time the incumbent will act as a as a front-line resource available to Wealth Business line staff with guidance/interpretation of AML/Sanctions policies and procedures - Work with partner groups within the Bank (Global AML Operations /AML Risk/ Canadian Banking AML) to adapt and implement AML/Sanctions Enterprise-Wide policies for Global Wealth Management (Canada) - Sustain Wealth Management’s anti-money laundering related program and standards - Collaborate with, inform, and educate all staff as to AML/Sanctions policies, standards, and procedures. This, in line with policies and guidance provided by partner groups, including the Enhanced Due Diligence Unit, Global AML Operations Governance and AML Risk. - Maintain an awareness of legislative and regulatory initiatives, emerging trends and industry best practices and their potential impact on existing policies and procedures - Support the Senior Manager in initiating or developing policy and procedural changes to address identified deficiencies as required based on AML/Sanctions reviews, system and operational reviews, including internal and external audit reviews/comments. - Liaise and co-ordinate AML efforts/activity with other Bank departments. - Ensure implementation of new AML requirements initiated within the Bank, or as required by external regulators. - Ongoing monitoring of business activities as to adherence to policy, procedures, standards. - Escalate AML or issues within the Business Line and within the Bank (e.g. Compliance, Operational Risk, EDDU, AML Risk) as appropriate. - Act as a resource to provide advice with respect to new initiatives, products and services to ensure AML issues are adequately identified and addressed. - Through the AML function and activities, reduce the risk of financial loss, damage to reputation, regulatory sanction and litigation, fines, and penalties for the Bank. - Other - Undertake such special projects as may be assigned - Provide input regarding the effectiveness of existing policies/procedures, and/or recommendations for changes / improvements, taking into consideration ongoing regulatory developments - Act as a key “help” resource on AML / ATF / Sanctions, and/or relevant compliance related inquiries from Wealth Management colleagues - Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. **Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have**: - Highly motivated, innovative and results-oriented individual with excellent analytical, written and communication skills, and strong risk management skills - Solid understanding of relationship management and wealth businesses, with a deep knowledge of products provided by and markets served by the Wealth Management Business Lines. - Solid understanding of the financial services industry, with particular emphasis on multinational and corporate clients/operations - Proven skills in risk assessment and management relating to AML / ATF, Sanctions matters - At least 5 years of Financial/Product Management/AML experience within the financial sector - CAMS certification and courses in AML/ATF would be an asset. **What's in it for you?** - An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success - We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one - Your career matters You will have access to career development and progression opportunities. 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 ac