Investigator, Domestic Fiu, Aml Risk - Mississauga, Canada - Scotiabank
Description
Requisition ID: 171957Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
This is a temporary role
Purpose
Contributes to the overall success of the FIU by conducting investigations intended to effectively mitigate risk and address all relevant regulatory requirements.
Investigates time-sensitive cases referred to the FIU by the AOC, team members, and BNS partners for reasonable grounds to suspect ("RGS") potential money laundering ("ML") and/or terrorist financing ("TF").
Performs investigations and documents clearly reasoned findings and actions associated with FIU investigations, along with the delivery of timely disposition of such investigations.
Accountabilities
- Performs and documents FIU ML/TF investigations, along with maintaining supporting information, in accordance with the GAMLU and FIU policies and procedures.
- Researches client records, customer activities, and account information to determine whether usual activity may indicate reasonable grounds to suspect ("RGS") ML activities or TF.
- Prepares and delivers investigative results to the appropriate staff, including identification of trends and areas for improvement.
- Identifies and properly reports RGS within the regulatory reporting requirements and timelines.
- Recommends risk mitigation actions and next steps at the conclusion of FIU investigations.
- Communicates regularly with leadership to identify challenges and obstacles related to the team's objectives.
- Maintains uptodate knowledge and skills sets relevant for ML, TF, sanction and other regulatory matters to perform case investigations.
- Identifies challenges and obstacles related to the team's objectives and escalates them accordingly.
- Understands how the Bank's risk appetite and risk culture should be considered in daytoday activities and decisions.
- Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of daytoday business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
- Champions a high performance environment and contributes to an inclusive work environment.
Education / Experience
University degree, or equivalent, and a minimum of 1 years' experience in AML disciplines. Extensive investigative skills along with 4 years documented AML or law enforcement experience may substitute for University degree requirements. In addition,
- Experience in ML/TF investigations
- Knowledge of local and relevant AML laws and regulations
- Good investigative skills and demonstrated understanding of complex financial transactions
- Strong writing and analytical skills
- Demonstrated ability to exercise sound judgment as to the materiality of risks where identified
- Proven ability in determining required risk mitigation activities with appropriate consideration to the impact to the business line
- Good interpersonal and communication skills
- Uses an analytical approach to problem solving, with a focus on managing a team environment coupled with attention to results and a sense of urgency
- Ability to communicate in French and/or Spanish is an asset.
- Certified Anti-Money Laundering Specialist (CAMS) designation is an asset.
- Exemplary integrity and ethics in all instances
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.
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