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Lead and drive a customer-focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
Provide overall AML & Sanctions leadership and support to the VP AML Caribbean, and support as needed to the Caribbean AML & Sanctions team, in the development and maintenance of the Sanctions, Risk Assessment, Regulatory Management, and Policies / Procedures and Training Program.
Coordinate all requirements and manage the impact to MLRO deliverables and other senior managers’ roles in the Caribbean AML & Sanctions processes. Promote alignment and consistency among countries’ definitions and, if differences arise, clearly understand and articulate the rationales.
Establish and maintain current AML & Sanctions programs and policies. Issue local standards for implementation of various AML & Sanctions control processes. Ensure that local AML & Sanctions programs are maintained up to date and in accordance with Enterprise Standards and local mandatory provisions.
Develop and maintain an appropriate AML & Sanctions risk assessment methodology and assist with the coordination and execution of the regional annual Risk Assessment process.
Lead teams assigned to keep local regulatory obligations and applicable key controls inventories up to date and in accordance with Enterprise Standards.
Develop and maintain periodic management and escalation reports for the VP AML Caribbean’s risk management and leadership execution.
Perform a challenge function, supporting the VP AML Caribbean in the assessment of the AML & Sanctions program (processes & initiatives), through evaluation and/or engagement with the Caribbean Directors/Senior Managers accountable for specific program elements in both 1L and 2L.
Liaise with the local business leaders and Business Lines’ AML Advisors on AML regulatory changes, trends, industry issues, new products/businesses, policy and procedure documents, and process improvements.
Provide second line of defense oversight and leadership for the execution of the Enterprise AML/ATF & Sanctions Regulatory Compliance Management (RCM) Program across Caribbean jurisdictions, ensuring local regulatory obligations are accurately identified, assessed, mapped to controls, monitored, and escalated in alignment with Enterprise standards and expectations.
Enterprise Program Oversight: Oversight of enterprise programs as assigned by Head Office. Coordinate with the global Head Office on assigned program elements.
Enterprise Program oversight: Manage oversight and execution of enterprise program elements, including design, roll out, and program sustainability.
Engage with IB AML, GSS, AML/ATF Risk Detection, AML Data/FCRMMA, AML Operations, AML Investigations, and AML Technology teams in Head Office in support of the design and calibration of the bank’s automated monitoring systems.
Liaise with MIS and Data Analytics teams for all data / MIS needs to support the Caribbean AML & Sanctions Program.
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Create an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct, and the Global Sales Principles, while ensuring the adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML & sanctions, and conduct risk.
Build a high-performance environment and implement a people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vision/values/business strategy; and managing succession and development planning for the team.
Director, AML & Sanctions Enterprise Program, Caribbean
Toronto, ONPosted 5 days ago