AML Manager

Description

Job Summary: Leads a team responsible for AML investigations into potential money laundering and terrorist financing, ensuring high-quality regulatory reporting and effective risk management. Key Highlights: 1. Team leadership in AML investigations 2. Focus on high quality and consistency in investigations 3. Professional development at ScotiaGBS **Requisition ID:** 268636 **Employee Referral Program – Estimated Payment:** $0.00 We are committed to investing in our employees and helping them advance their professional careers at ScotiaGBS ### **Purpose** * Leads a team responsible for **AML (Anti\-Money Laundering) investigations** into potential **money laundering, terrorist financing, sanctions evasion, and related risks**, ensuring **high\-quality, consistent investigations and timely regulatory reporting**, while effectively managing and mitigating risk exposure. * Ensures alignment with **regulatory requirements, policies, and risk appetite**. ### **Accountabilities** **Investigations Oversight** * Ensure delivery of **high\-quality investigations**, including complex cases. * Oversee identification of **Reasonable Grounds to Suspect (RGS) and risk outcomes**. **Risk and Reporting** * Ensure accurate **risk identification, escalation**, and high\-quality, timely **regulatory reporting**. * Validate **risk mitigation decisions and client outcomes**. **Decision\-Making and Escalation** * Act as **decision authority** for investigative outcomes. * Escalate material risks and issues appropriately. **Team Leadership** * Lead and drive a **customer focused culture** throughout their teams to deep client relationships and leverage broader Bank relationships, systems and knowledge. * Lead team performance, productivity, and capability development. * Establish **clear priorities and workload distribution**. * 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 Principles, while ensuring the **adequacy, adherence to and** **effectiveness of day\-to\-day business controls** to meet obligations with respect to operational, compliance, AML/ATF/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 ScotiaBond behaviours**; communicating **vison/values/business strategy**; and, managing **succession and development planning** for the team. **Quality and Controls** * Ensure **consistency, completeness, and accuracy** of outputs. * Oversee **quality control processes and remediation actions**. **Operations Management** * Manage **workflow, prioritization, and capacity**. * Drive **performance improvement and operational efficiency**. **People Development** * Provide **coaching, feedback, and development planning**. * Support **succession and talent strategies**. **Continuous Improvement** * Lead **process and control enhancements**. * Use insights to drive **broader program improvements**. **Collaboration and Communication** * Communicate findings through **clear, structured presentations and materials**, ensuring alignment across stakeholders. **Governance** * Understand how the Bank’s **risk appetite and risk culture** should be considered in day\-to\-day activities and decisions, and promote their consistent application. * Ensure adherence to **policies, frameworks, and risk standards**. ### **Education / Experience / Other Information** * University degree or an equivalent combination of education and experience, with a minimum of **3 years of relevant experience in AML, financial crime, risk management, or a related field.** including leadership responsibilities. * Strong **leadership, analytical, and decision\-making skills**. * Proven ability to **manage teams and influence stakeholders**. * Strong **written communication and presentation skills**. * Knowledge of **AML frameworks and regulatory requirements**. * Demonstrates **integrity, accountability, and leadership capability**. * Bilingual proficiency in English and Spanish is required for roles based in the Colombian and Dominican Republic AML Hubs. ### **Working Conditions** * Office\-based environment within a **fast\-paced, high\-demand setting**. * Work involves **time\-sensitive investigations, competing priorities, and risk\-driven activities**. * Occasional non\-standard hours may be required. * **Hybrid work model** is offered, with in\-office attendance expected in line with business and team requirements. ### **About Scotiabank and AML Investigations** **Scotiabank** Our vision is to be our clients’ most trusted financial partner, to drive sustainable, profitable growth and maximize shareholder return. We are here for every future, to help our clients, 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. **Careers in Anti\-Money Laundering Investigations** For over 190 years, trust has been our most valuable asset. Be a part of a winning team that safeguards our bank, clients, and the communities where we live and work. At Scotiabank, we are committed to upholding the highest standards of integrity and compliance. AML Investigations contributes to the success of the Global AML Program by delivering high\-quality, risk\-based and timely investigations that support regulatory compliance and the detection and deterrence of financial crime. Our team plays a critical role in protecting the Bank, its clients, and the broader financial system, while aligning with Scotiabank’s values, risk culture, and enterprise\-wide standards. Location(s): Colombia : Bogota : Bogota ScotiaGBS is part of the Scotiabank group of companies located in Bogotá, Colombia, and was established to support various Bank processes and the development and execution of its global services strategy across 15 countries in the Americas. It comprises 7 service units. We offer an inclusive and positive work environment, as well as competitive benefits. At ScotiaGBS, we value the unique skills and experiences each person brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for all. Candidates must apply directly online if they wish to be considered for this position. We thank all candidates for their interest in this career opportunity at ScotiaGBS; however, only those selected for an interview will be contacted.