Toronto Employment Platform

Director, Payment Scanning Solutions, AML Risk

Requisition ID: 105388Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.









Leads and oversees the Payment Screening Solutions Delivery management functions, ensuring tuning methodology, rules governance framework, and screening standards are developed, managed, executed, and maintained in compliance with governing regulations, internal bank-wide policies and procedures.






Manages and oversees the Payment Screening Solutions Delivery management functions, which include the following:
                 –  Directs management of sanctions risk in sanctions screening systems, including:

                           1.  Management and maintenance of frameworks and governance documents, including tuning methodology, rules governance framework, and screening standards;

                           2. Operationalizes Risk Tolerance Frameworks as directed by Global Head of Sanctions;

                           3. Collaborates with Director, Global Sanctions Program Risk Management for List Governance;

                           4. Testing and reporting on the efficacy and efficiency of the systems;

                           5. Provides oversight and approval of tuning recommendations, rules, fuzzy logic exceptions, variance rules, etc.; and

                           6. Develops business requirements for sanctions screening, upon need with the Global Head of Sanctions or their delegates, for solutions and IT teams action.


                  – Serves as the Data Steward for Payment Screening applications:

                           1. Receives and briefs executives and senior management on the quality of data entering sanctions screening systems;

                           2. Works with Enterprise Data Council to identify and remediate data issues;

                           3. Manages and maintains an inventory of critical data elements for sanctions screening;

                           4. Sets requirements for data quality measurements; and

                           5. Works with Data Office to ensure appropriate certification documentation of data lineage are developed and available.


Develops and manages the Sanctions Risk Appetite framework with VP, Global Sanctions and OFAC.
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AMUATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AMUATF Global Handbook and the Guidelines for Business Conduct.
Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Develops, manages, and implements a risk-based approach and culture throughout the Global Sanctions Program.
Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vision/values/business strategy and managing succession and development planning for the team.
Provide regular reports and communication on Payment Screening initiatives and activities that may impact sanctions to VP of Solution Delivery and VP of Global Head of Sanctions.
For when there are strategic decisions or new requirements impacting payment screening across Payments and Trade Financing:
                           1. Responsible for payment screening scope definition, priority & plan approval, as well as payment screening process requirements and data requirements for securing new lists required and identifying impact to existing lists; data acquisition

                               and remediation and for screening platform technology implementation

                           2. Responsible for securing new lists required and identifying impact to existing lists; data acquisition and remediation and for screening platform technology implementation

                           3. Provide consultation on data mapping, data migration, feed creation / enhancement, model development and tuning, investigation readiness, as well as the governance of metadata & lineage, data quality monitoring and impact to case management users.



Education / Experience



Minimum Bachelor’s degree in business or related field.
Minimum 7 years in data governance, program management, or other related functions in financial services.
In-depth knowledge of regulatory requirements with respect to sanctions.
Strong communication, analytical, organizational, project management, and planning skills.
Advanced skills in Microsoft Office suite, including Excel, Project, Access, and PowerPoint.
Knowledge of business, products, operations, systems, and organization for financial services sector.

Location(s):  Canada : Ontario : Toronto 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.

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