Associate, Kyc Remediation

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 leading provider of advice, products, digital experiences, and financial services. Together with our Digital Factories around the world, we are dedicated to helping our 25 million customers become better-off.

This is a place where you’ll get to learn and develop your skills, while being recognized for your hard work. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. Say hello to a career at Scotiabank

**Global Banking and Markets**

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange, and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

**Purpose**

GBM Onboarding Canada is a critical component in the bank’s overall Financial Crimes Compliance efforts. The Associate facilitates onboarding of customers to GBM, ensuring we meet Enterprise-Wide and local onboarding standards, including regulatory requirements and bank-driven due diligence measures. The Associate investigates and assess relationships for potential financial, reputational, operational and compliance risk in addition to activities that pose money laundering or terrorist financing risks for GBM clients.

**What’s In It for You?**
- Opportunity to lead KYC/AML client outreach activities for GBM clients
- Opportunity to enhance knowledge on GBM’s global products, business, and functional processes
- Opportunity to build strong strategic relationships across broad partner and stakeholder groups within GBM globally and across the bank
- Part of a dynamic and engaged team with strong leadership and focused personal and career development support

**Accountabilities**
- Support the Director, Onboarding in ensuring that the Bank is compliant with regulatory obligations and bank-driven risk measures.
- Subject Matter Expert, Escalation and Quality Management Lead to facilitate the onboarding of GBM Canada clients in an efficient, compliant, and client-centric manner, rapidly triaging and escalating complex issues to management for resolution.
- Facilitating training and/or improvements to guidance, procedures, processes, technology etc.
- Prioritizing requests for information, establishing response times and escalating requests as required
- Preparing and escalating High-Risk, PEP and sanctions-related relationships with supporting documents to internal stakeholders for review.
- Championing a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
- Manage metrics, reporting and focused data analytics as necessary, as well as other duties and projects as assigned, to support various GBMO projects.
- Understanding how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

**Requirements**:

- Minimum 3-5 years’ experience in financial services and/ or KYC/AML/ATF/ Financial Crimes
- University degree in business, finance, law, or another relevant field preferred
- Significant preference will be placed on applicants with cash management and/or retail business experience or Capital Markets Regulation experience (IIROC) and/or Dealer Member experience
- Proficient with MS Office with experience in data analytics
- The incumbent must have recognized knowledge of current and anticipated regulatory frameworks impacting client onboarding knowledge of Canadian KYC/AML.CANDER, Dodd Frank, EMIR, MIFID and FATCA knowledge an asset.
- A sound understanding of global banking and capital markets business is desired, as is a client-centric approach to the role. The incumbent should have broad knowledge of the end-to-end workflows among the Front, Middle, and Back Offices.
- Must be able to operate effectively within a stressful environment with changing priorities and tight time frames which are closely scrutinized by Senior/Executive Management
- Excellent oral/written communication, relationship management, and time management skills are a must.
- Fast learner with strong analytical skills and improvement mindset.
- High energy, demonstrated ability to work under pressure, deals well with ambiguities and uncertainties, and drives results.
- Preferred: CAMS, CFCS, CGSS or similar certifica