Senior Manager, Monitoring & Testing (226555)

Requisition ID: 226555

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

The Senior Manager contributes to the overall success of the Global Sanctions Monitoring & Testing Program by ensuring that specific individual goals plans and initiatives are executed and delivered in support of the Program as well as the business strategies and objectives of the Global Sanctions & Screening (GSS) team. They also ensure that all activities are conducted 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 ensure adherence to the Banks 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. This includes tracking 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 workpapers conclusions and results.
• Track the status of corrective action plans with the relevant stakeholder(s) and/or Issue Management Team(s) and confirm and/or validate the completion of those plans.
• Contribute to the content of senior/executive management reporting on the progress and results of testing engagements.
• Maintain a thorough knowledge of sanctions risks and risk management standards in a financial institution settingboth generally and specifically at Scotiabank. This includes identifying systemic issues arising from testing engagements and internal changes that could impact the annual test plan as well as staying abreast of applicable industry best practices and regulatory changes.
• Build strong partnerships with Business Lines Internal Audit and other key stakeholders and work collaboratively across functional teams.
• Understand how the Banks 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 Wed love to work with you if you have experience with:

• A bachelors degree in business or a related field with a minimum of 5 years of AML/ATF/sanctions testing or audit experience in a financial institution setting.
• An AML/ATF/sanctions-related professional designation (e.g. CAMS CGSS CSS) which must be maintained and/or obtained.
• Working knowledge of the financial services sector including business products operations and systems.
• Strong analytical investigative project management planning and reporting skills.
• Excellent time management skills with the ability to manage multiple testing activities concurrently.
• High organizational skills with the ability to bring order to data and information draw conclusions and make appropriate recommendations.
• Excellent written and verbal communication skills with the ability to manage difficult conversations.
• Strong teamwork interpersonal and conflict resolution skills.
• Proficiency in MS Office (Word Excel PowerPoint Outlook) and other related productivity tools.

Whats in it for you

• In-depth training to prepare you for the role as well as ongoing coaching and feedback to help you succeed!
• Youll 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.

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.