Senior Analyst, AML Audit

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Requisition

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 provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

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.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

The Senior Analyst contributes to the overall success of the Audit Function in support of the Audit Department executing its global mandate, ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives.

The successful candidate will be working as part of the U.S. AML Audit Team and will work the team to perform AML audits to assess the design and operating effectiveness of internal controls relating to risk monitoring, and reporting activities within the U.S and assess the Bank is in compliance with governing regulations, internal policies, and procedures.

The Senior Analyst will assist in all aspects of the audit, including the planning, execution, and reporting phases. The Senior Analyst will also be involved in internal and external issue validation as well as audit continuous monitoring activities.

• Supports the Officer in Charge (OIC) with the execution of assigned audits.
• Works with other audit teams as required.
• Contributes to special projects as assigned including investigations and other special projects that Audit may be requested to perform by management.
• Ensures audit results are gathered and assesses the impact of the findings on the internal control framework. This would include confirmation of the findings with the auditee and a discussion of the root cause with the OIC.
• Champions a client focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Ensures Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments.
• Stays informed on emerging risks, regulatory changes, and industry trends. Conveys risk-related information to Officer-in-Charge or Audit Principal and senior management.
• Champions a high-performance environment and contributes to an inclusive work environment.
• Meets Department training requirements.
• Maintain a thorough understanding of the business, risks, and processes for assigned areas.
• Develop a thorough understanding of AML and Sanctions laws, regulations, guidance, and regulatory expectations.
• Manage self-development by confirming/communicating job expectations, identifying mentors/coaches and enquiring about training needs, ensuring timely completion of performance appraisals and manages assigned staff.

• At least 2 years of experience working in AML/Sanctions Compliance, Audit, consulting, or Regulatory body;
• Ability to work in high levels of ambiguity and in a rapidly changing environment.
• Basic understanding of AML and Sanctions laws, regulations, guidance, and regulatory expectations;
• Well-developed judgment, management, decision-making and…