Associate Director, US KYC Periodic Refresh

Requisition ID: 265490

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.

Purpose

Manage a team of staff in the completion of U.S. KYC periodic refresh. Includes US KYC / AML FINRA rules FATCA and other regulations impacting US Businesses. Escalates AML/KYC/Sanctions/Tax related issues and concerns to appropriate teams. Calculate metrics on a daily/weekly/monthly basis. Identify and implement opportunities to enhance process/procedures.

What Youll Do

Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.

Facilitate the periodic refresh of US clients in an efficient compliant and client-centric manner.

Resolve day-to-day matters/escalations for the KYC Periodic Refresh team (1A) in the US; escalate complex issues to appropriate departments for resolution.

Continually acquire and enhance knowledge of both the Banks and the Divisions business strategies and policies risk management practices and methodologies product offerings financial markets financial instruments regulatory requirements and back office/middle office processes.

Collaborate with business line management to develop processes and procedures to implement and maintain the U.S. Periodic Refresh program.

Follow and adhere to AML controls including review of high-risk customers screenings (PEP Negative News Sanctions etc.) and standard KYC / AML policies.

Develop and report KYC metrics and prepare management reports/presentations for stakeholder meetings.

Coordinate with multiple teams in the process flow to ensure efficiency; identify real/potential gaps and fix/escalate accordingly.

Support on project workstreams impacting U.S. Periodic Refresh.

Work with Quality Assurance 2nd Line AML Audit and State/Federal regulators to facilitate their testing and examination engagements. Active engagement and coordination with internal and external Stakeholders for issue resolution.

What Youll Bring

Minimum of 7-10 years in financial services and recognized expertise of current and anticipated regulatory frameworks impacting Customer Refresh in the US namely BSA FinCEN rules FINRA requirements US PATRIOT Act & FATCA.
Minimum Bachelors degree in business or related field; regulatory compliance or equivalent experience
A sound understanding of the banking and capital markets business is necessary as is a client-centric approach to the role. Must have broad knowledge of the end-to-end workflows among the Front Middle and Back Offices. Will require work outside of traditional business hours
Must be able to operate effectively within a stressful environment with changing priorities and tight time frames
Knowledge of quality assurance processes
Strong communications analytical organizational project/change management and planning skills; and
Knowledge of businesses products operations systems and organization

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.