Requisition ID: 101051Join the Global Community of Scotiabankers to help customers become better off.
In this role, you will support the U.S. Head of Sanctions in performing reviews of payments and Sanctions Advisory in accordance with the Banks policies and procedures related to sanctions compliance regulatory expectations. Furthermore, you will assist the US Sanctions Compliance team in enhancing the internal controls, policies, and procedures for the Sanctions Compliance Program.
Is this role right for you? You will be responsible for:
Performing the second-set-of-eye review on all transaction and customer screening escalation reviews conducted by the investigators
Ensuring the KPI and KRI tracking and reporting is completed timely and accurately through performing his/her quality control reviews
Conducting quality control review on the OFAC block and reject reports prepared by the investigators
Assisting with sanctions advisory review at client KYC onboarding and refresh stages; determine materiality of clients sanctions exposures; recommend risk mitigating controls to business lines; ensure the tracking log is properly updated and results are reported the US Head of Sanctions
Ensuring full adherence to the local procedures and operating manuals
Assisting with periodic review and updating of the policies, procedures and operating manuals
Assisting during regulatory exams and internal audits by supplying information in a timely and accurate manner
Keeping abreast of regulatory changes, industry best practices, and recommend changes to enhance procedures
Developing positive and professional working relationship with other teams locally and in head office
Performing ad hoc tasks as assigned
Do you have the skills you need to succeed? We’d love to work with you, if you have:
A minimum 3-5 years of OFAC Compliance investigation experiences; related consulting experience at prominent consulting firm (i.e. big four) is a plus
A minimum B.A. in Business, Finance, or similar business related major
Compliance Department experience
Experience working in U.S. operations of foreign bank
Experience with drafting policies and procedures
Experience with OFAC Reject and Block reports filing
The capability of addressing issues independently under high level guidance
The ability to think outside of the box and make process improvement recommendations
The ease to adapt to a fast-paced, dynamic environment and be able to meet strict deliverable deadlines
Previous experience fulfilling regulatory examination and audit requests
The ability to be a proactive learner and eager to advance professional skills
Excellent attention to details and organizational skills
Location(s): United States : New York : New York City
As Canada’s International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Banks six guiding sales practice principles to ensure they act with honesty and integrity.
We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and their differences and similarities are embraced. Learn more here.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.
