Our Ability Jobs

Senior Manager, Global Sanctions Monitoring & Testing (Contract)

Requisition ID: 202076

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

Reporting to the Director, Global Sanctions the Senior Manger contributes to the overall success of the Global Sanctions Monitoring & Testing Program by ensuring specific individual goals, plans, initiatives are executed / delivered in support of the Program and the business strategies and objectives of the Global Sanctions & Screening (GSS) team. They also ensure all activities conducted are in compliance with governing regulations, internal policies and procedures.

Is this role right for you? In this role, you will:

• Assess the design and operational effectiveness of sanctions controls and adherence to Bank sanctions policies, standards, procedures and applicable regulatory requirements.

• Develop annual testing plans and methodologies in coordination with the Canadian Banking, Canadian Wealth Management, Global Banking & Markets and International Banking & Wealth Testing Teams, as well as Internal Audit; including tracking of testing completion against the annual test plan.

• Focus on the execution of end-to-end sanctions control testing reviews, including:

• defining the scope of testing engagements;

• reviewing assigned business or operational units in accordance with testing standards and procedures;

• reviewing all testing workpapers and, as appropriate, any corresponding supporting documentation;

• identifying observations and/or issues; and

• preparing testing reports, detailing review findings and recommendations and presenting/distributing the reports to GSS team management and other stakeholders.

• Maintain a record keeping system for testing schedules, work papers, conclusions, and results.

• Track the status of corrective action plans with the relevant stakeholder(s) and/or Issue Management Team(s) and confirming and/or validating completion of those plans.

• Contribute to content of Senior/Executive Management reporting on progress and results of testing engagements.

• Maintain a thorough knowledge of sanctions risks and risk management standards in a financial institution setting, generally, and at Scotiabank, specifically. This includes identification of systemic issues arising from testing engagements and internal changes that could impact the annual test plan as well as keeping abreast of applicable industry best practices for sanctions risk management and changes in applicable regulatory requirements.

• Build strong partnerships with Business Lines, Internal Audit, and other key stakeholders, and work collaboratively across functional teams.

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

• Champion a high-performance, inclusive work environment.

• Promote operational effectiveness and efficiency.

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

• Bachelor’s degree in business or related field with a minimum of 5 years of AML/ATF/sanctions testing or audit experience in a financial institution setting.

• AML/ATF/sanctions-related professional designation (e.g. CAMS, CGSS, CSS) must be maintained and/or obtained.

• Working knowledge of financial services sector business, products, operations and systems.

• Strong analytical, investigative, project management, planning and reporting skills.

• Excellent time management skills with ability to manage multiple testing activities concurrently.

• Highly organized with ability to bring order to data and information, drawing conclusions and making appropriate recommendations.

• Excellent written and verbal communication skills; able to manage difficult conversations

• Excellent teamwork, interpersonal and conflict resolution skills.

• Skilled proficiency with MS Office (Word, Excel, PowerPoint, Outlook) and other related productivity tools.

What's in it for you?

• 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

• 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.

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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.