City : Toronto, ON, CA, M5C2W1

Category : Compliance Officer

Industry : Financial Services/Banking

Employer : Scotiabank

Requisition ID: 210199

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

Reporting to the Director of Canadian Policy and Regulatory Reporting, the Senior Manager role involves reviewing FINTRAC reports, especially LCTR, EFT, and STR Gen2 forms. The Senior Manager independently oversees the reporting program, focusing on governance, quality control, and assurance. They manage the team workload, prioritizing tasks to meet regulatory milestones and maintain BAU within SLA. Additionally, they identify issues, alert management to emerging risks and performance metrics, and build a high-performing team.
 
Is this role right for you? In this role, you will:
 

• Create a high-performance culture by using strategies to attract, retain, and motivate your team, encourage an inclusive work atmosphere, and oversee succession and development planning. Supervise a team of over 15 members.
• Create and verify audit review documents, and respond to testing engagements such as regulatory exams, audits, and 2nd line Testing & Oversight.
• Work alongside project teams to prioritize backlog items and coordinate with the Business Requirements Document (BRD) and carry out business acceptance testing for updates to FINTRAC reporting.  Identify, document, and communicate any defects associated with the FINTRAC reporting throughout the testing and warranty stages. 
• Enhance AML regulatory reporting to FINTRAC by conducting analyses, monitoring performance, gathering feedback, and rigorously evaluating processes.
• Work with RRT Data team to build out data quality and volume controls for the Gen2 format for LCTR, EFTR and STR.
• Develop robust relationships with vendors and aim to simplify and streamline processes to decrease manual workload.
• Maintain efficient daily operations and adherence to business controls. Updating procedures and job aids, training, etc. 

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

• People management in a high-paced operational environment.
• A proven ability to critically assess, prioritize tasks, and deliver meaningful results in a fast-paced environment.
• Familiarity with FINTRAC reporting and the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and Regulations, or similar experience.
• Former regulatory experience (an asset).
• Strong knowledge of Microsoft applications (including Word, Excel, PowerPoint) and Power BI.

 
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
• We offer a competitive rewards package:
• Performance bonus, Employee Share Ownership Program, and Pension Plan Matching
• Health Benefits from day one!
• 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

#LI-AA3  #bankingjobs  #AMLjobs

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.