Senior Manager, U.s. Cash Management, Global Aml

Requisition ID: 191956

Salary Range: 110,700.00 - 211,800.00

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 candidate’s relevant knowledge, skills, and experience.

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

Title: Senior Manager, U.S. Cash Management, Global AML (2nd line), New York, NY

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. Scotiabank’s 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: Senior Manager, U.S. Cash Management, Global AML, contributes to the overall success of the U.S. Cash Management program, ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the Cash Management and Global Business Payments strategies and objectives, in adherence to U.S. AML and Sanctions regulations, and Scotiabank AML and Sanctions Policy requirements. The role will assist in providing supervisory support and subject matter expertise in the products and services offered through the U.S. Cash Management initiative.

The role works with stakeholders across the three lines of defense, including Global Transaction Banking, Global AML, Client Onboarding, Internal Controls and other stakeholders in the delivery of the U.S. Cash Management program objectives.

What You’ll Do

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Point person for U.S. Cash Management program initiatives, ensuring AML and OFAC (Office of Foreign Assets Control) considerations are accurately captured in the program initiative, and that appropriate Global AML resources are engaged directly and indirectly where required.
• Develops tailored reporting and metrics on AML and OFAC requirements, including tracking of implementation and escalation where delays or changes occur.
• Coordinates between U.S. Cash management program and Global AML resource to ensure timely and adequate review of NIRA’s/NIASRAs, escalating high risk initiatives and/or initiatives where controls are not appropriate to the risk.
• Assists the business in coordinating and performing timely review of new transactions, products, and/or methods for effectuating transactions.
• Participates in RCSA (Risk Control Self-Assessment), other Risk Assessments (e.g. Risk ID) and liaise with stakeholders including Global Transaction Banking, Internal Controls and Global Wholesale Operations to identify processes, risks, controls and corresponding ratings;
• Develops and provides training as necessary for AML and OFAC risks and controls.
• Works with Global AML stakeholders, where necessary, develop or have input into Cash Management specific training requirements.
• Evaluates impact on AML and Sanctions risk from changes resulting from business expansion into new geographies, new products and services, organic business growth, system changes/new implementation, and regulatory requirements.
• Participates in the collation of information required by regulators and internal audits to facilitate the latter’s examinations/reviews.
• Reviews regulatory and audit findings and ensures adequate timely management action plans are in place and completed.
• Partners with business line managers to address operational risk, risk assessment and outstanding issues.
• Performs other duties and activities as may be assigned, as required and from time to time.
• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Champions a high-performance environment and contributes to an inclusive work environment.

What You’ll Bring

• Minimum 8+ years of experience in Financial Services or related field, with experience in Global Transaction Banking preferred.
• Bachelor’s degree in finance, business, or related field.
• Good knowledge of business, products, operations, systems, and organization for financial services sector, particularly in the Cash Management domain.
• Understanding of AML and Sanctions risk impact Cash Management related business activities.
• Strong written and verbal communication skills, with ability to influence decision makers where appropriate.
• Strong analytical, organization, project management, and planning skills.
• Self-starter with proven record of success in delivering high priority, high impact deliverables under minimal supervision.
• Experience working with diverse stakeholder groups to deliver projects in a timely fashion.
• Advanced knowledge of Microsoft Office Suite of products, including:
  • Advanced Excel skills (at minimum, ability to use pivot tables, pivot chart, vlookup and similar functions with ease for daily activities, including generation of reporting metrics).
  • Expert PowerPoint skills, including ability to generate effective visual and written content to strengthen knowledge retention.

Interested?

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

What's 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.

Location(s): United States : New York : New York City

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.