Requisition ID: 232419

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

Purpose 

Contributes to the overall success of the AML Operations Triage department, ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives.  Ensures all activities are conducted in compliance with governing regulations, internal policies and procedures. 

Is this role right for you? In this role, you will be involved in:

• Perform Intake Function for Corporate Security referrals by: 

• Ensure relevant information is obtained for alerts from all sources in the Transaction Monitoring Case Management system. 

• Maintain access to various core systems utilized in the investigation and disposition of Transaction Monitoring Alerts.  

• Assess the risk posed by the alert to determine appropriate escalating measures. 

• Assist in monthly reconciliation activities as necessary 

• Investigate and assess customer alerted activity generated from the automated transaction monitoring system, unusual transaction reports and referrals to identify potential money-laundering or terrorist financing. 

• Adjudicate lower complexity alerts to close or escalate for further review by the FIU. Request information as necessary from business units; maintain records and related documentation in accordance with regulatory requirements and department standards in the case management system. 

• Identify opportunities for efficiencies and participate in the implementation process. 

• Work collaboratively with other business lines to implement appropriate due diligence and customer remediation steps to minimize regulatory and reputational risk to Scotiabank. 

• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. 

• Maintain a sound knowledge and understanding of the Bank’s AML policies and procedures. 

• Keep abreast of new and emerging trends, typologies, and changes to legislation.   

• Ensure all obligations under the PCMLTFA are being upheld, including the identification and timely reporting of designated individuals as well as politically exposed persons. 

• Engage in other adhoc or administrative duties to support the Triage Unit as required.  

• Maintain minimum expected productivity and quality standards as defined through annual performance metrics. 

• Foster a high performance environment and implement a people strategy that attracts, retains, develops and motivates their team. 

Dimensions 

• The Triage Analyst(s) is part of the Triage team that will add value and drive efficiencies by providing intake, routing, investigation and adjudication services. 

• The Analyst(s) is responsible to process work efficiently and effectively and is expected to work independently with limited supervision.  

Do you have the skills that will enable you to succeed? We’d love to work with you if you have the following:

• Strong analytical skills to make rational and logical deductions, at times with limited information.  

• Ability to gather, analyze, organize, document and present information in a succinct and organized manner.  

• Excellent written and verbal communication skills.   

• Research skills to develop business intelligence on specific industries and business models. 

• An understanding of the Bank’s business lines, products, processes, policies, and practices.  

• Proficiency with computer applications including Word, Excel, Teams/Skype and internet search engines.     

• Knowledge of the Anti-Money Laundering and KYC policies and procedures. 

• ACAMS/CAMS Designation is an asset.  

Working Conditions 

Work in a standard office-based environment; non-standard hours are a common occurrence.   

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.