AML Analyst
Location Address: Toronto once restrictions lifted
Contract Duration: 1 year (Possibility for extension or Convert to FTE)
Number of Positions: 1
Schedule Hours: 9am – 5pm
Story Behind the Need
Business group: Global Sanctions and OFAC – part of AML functionality, under AML Risk, dealing specifically with Sanctions compliance.
Project: The role of the Sanctions Risk Assessment Analyst is to assist the Senior Manager of Global Sanctions Risk Assessments with managing the Enterprise Sanctions Risk Assessment (ESRA) and the related functions. Assistance with tasks related to the development, coordination, execution, and publication of the ESRA and work with stakeholders across the various business lines and legal entities. Assists with coordinating and creating trainings, presentations, and metrics reports.
Reason for request: Mat / Pat Leave
Candidate Value Proposition
– Exposure to the banks AML functionality
– The candidate will get the opportunity to work within a large global enterprise on a very long term project
Typical Day in Role
– Assist the Senior Manager of Global Sanctions Risk Assessments by supporting all phases of the Sanctions risk assessment process, including planning, data gathering, analysis, and reporting.
– Conduct the quantitative and qualitative assessment of sanctions risk, through assessment of its inherent risks and control environment in accordance with the Risk Assessment methodology.
– Conduct reviews of risk assessment survey responses and hold follow-up sessions with stakeholders.
– Understand and track issues through the Bank’s issues management process that apply to the ESRA.
– Develop presentations with results of the sanctions risk assessment to various committees and executive management of Scotiabank.
– Ensuring the maintenance of risk assessment work papers.
– Maintain awareness and understanding of the current, evolving regulatory landscape, Sanctions and Terrorist Financing techniques and emerging issues that may influence the risk assessment of a particular product, service, customer set, or geographic location.
– Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Candidate Requirements/Must Have Skills:
1) 2+ years of experience in a Risk Analyst role
2) 2+ years of experience with AML, Sanctions
3) 2+ years of experience in a regulatory compliance environment ideally in testing, audit, and analytical functions in a global bank setting
4) High level experience in MS Office Suite, specifically Excel
Nice-To-Have Skills:
– Experience within a large Global bank is preferred
– Experience working with large scale data consolidation
Soft Skills:
– Self-starter that actively engages issues seeking resolution, ability to meet dynamic changes on prioritization
– Ability to manage assigned tasks and expectations without direct instruction or oversight
– Fast, adaptable learner who can hit the ground running
– Ability to work well under pressure while demonstrating strong professionalism
-Strong investigation, prioritization, and organization skills
– Candidate must have an open mind when it comes to approach, and be able to assess each situation separately
– Must be able to collaborate closely with a team at times, while also being capable of holding themselves accountable to meet individual deadlines without hand holding
Degrees or certifications:
– Bachelor's degree in a technical field such as computer science, computer engineering or related field required
– CAMS Is preferred
– PMP certification or other Project related certifications