Manager, Global Sanctions & Screening GSS Payments

Requisition ID: 250991

Salary Range:-

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors including but not limited to the successful candidates relevant knowledge skills and experience.

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

Global Banking and Markets

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. Scotiabanks 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!

Purpose

The Manager Global Sanctions & Screening GSS Payments contributes to the overall success of the Global Sanctions & Screening team by ensuring specific individual goals and initiatives are delivered in alignment with the Banks Sanctions Compliance Program. This role is responsible for conducting sanctions risk assessments of payment escalations ensuring adherence to the Banks policies and procedures and maintaining compliance with sanctions regulations enforced by Canada and the United States.

What Youll Do

Support the GSS Payments review function by performing Level 3 sanctions investigations on live payment escalations accurately interpreting relevant sanctions regulations and providing precise and justified dispositions.
Act as a subject matter expert for sanctions-related matters and provide guidance to the Banks payment screening operations teams and all Business Lines in relation to all payment screening initiatives.
Perform sanctions reviews and root cause analysis of downstream rejected/blocked payments to identify and escalate process deficiencies and recommend risk mitigating controls.
Identify opportunities to enhance the payment screening and escalation processes ensuring they remain consistent with the Banks risk tolerance.
Ensure the Level 3 Central OFAC Activity Log (COAL) tracking and reporting is completed timely and accurately.
Identify and make recommendations of potential name additions to the Banks internal transaction screening list.
Support the team in managing the ransomware notification mailbox by reviewing ransomware escalations and potential ransomware related payments.
Build strong partnerships with Business Lines and other key stakeholders and work collaboratively across functional teams to resolve open sanctions issues in a timely manner.
Assist with Lookbacks reviews as needed.
Assist with periodic review and updating of policies procedures and operating manuals.
Assist during regulatory exams and internal audits by supplying information in a timely and accurate manner.
Keep abreast of regulatory changes industry best practices and recommend changes to enhance procedures.
Perform ad hoc tasks as assigned by the Senior Manager or Director.

What Youll Bring

Bachelors degree with 3 - 5 years of sanctions compliance experience.
Extensive knowledge and understanding of Canadian and U.S. sanctions laws and regulatory expectations. Knowledge of UK and EU sanctions a plus.
Experience in payment investigations or comprehensive understanding of SWIFT payments and trade finance transactions.
Proven ability to assess identify and mitigate risks related to sanctions compliance.
Experience with OFAC Reject and Block reporting is preferred.
Strong attention to detail and organizational skills.
Excellent written and verbal communication skills.
Strong analytical problem-solving critical thinking and time management skills.
Experience working in U.S. operations of foreign financial institutions.
Experience with drafting policies and procedures.
Ability to work independently and collaboratively across teams.
Previous experience fulfilling regulatory examination and audit requests a plus.
Proficient in MS Office (Word Excel PowerPoint Outlook) and related productivity tools.
AML/ATF/Sanctions-related professional designation (e.g. CGSS CSS CAMS) a plus.

Interested

If your experience is closely related but doesnt align perfectly with every qualification we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank every employee is empowered to reach their fullest potential respected for who they are and embraced for their differences. Thats why we work to grow and diversify talent and engage employees in a performance-oriented culture.

Whats in it for you

Scotiabank wants you to be able to bring your best self to work and life every day. With a focus on holistic well-being our many flexible benefit programs are designed to help support your unique family financial physical mental and social health needs.

#Dallas

Location(s): United States : Texas : Dallas

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.

Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race color religion sex sexual orientation gender identity national origin disability veteran status or any other characteristic protected by federal state or local law.