Associate, US Client Onboarding

About the role

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

Responsibilities

• Facilitate the regulatory onboarding of US Global Banking and Markets clients in an efficient, compliant and client-centric manner;
• Resolve day-to-day matters for the regulatory onboarding operations teams in the US; escalate complex issues to appropriate departments for resolution;
• Continually acquire and enhance knowledge of both the Bank’s and the Division’s business strategies and policies, risk management practices and methodologies, product offerings, financial markets, financial instruments, regulatory requirements, and Bank Office processes;
• Follow and adhere to AML controls; including review of high-risk customers, PEP screenings, and standard KYC / AML policies;
• Develop and report KYC metrics, and prepare management reports for stakeholder meetings;
• Collaborate with business line management to develop processes and procedures to implement and maintain the business line AML Program, including customer on-boarding, customer refresh, name scanning;
• Work with team members and stakeholders to implement new procedures and regulations to meet and exceed internal / external audit standards.

Requirements

• Minimum of 4-6 years in financial services and recognized expertise of current and anticipated regulatory frameworks impacting client onboarding in the US – namely, US KYC/AML (BSA, PATRIOT Act, FINRA Rules) and FATCA;
• Minimum Bachelor’s degree in business, related field; compliance or equivalent experience;
• A sound understanding of the banking and capital markets business is necessary, as is client-centric approach to the role. Must have broad knowledge of the end-to-end workflows among the Front, Middle and Back Offices. Will require work outside of traditional business hours from time to time;
• Must be able to operate effectively within a stressful environment with changing priorities and tight time frames;
• Knowledge of quality assurance processes;
• Strong communications, analytical, organizational, project management, and planning skills;
• Knowledge of businesses, products, operations, systems, and organization;
• Ability to work independently and in team setting

Qualifications

• Recognized subject matter certifications preferred (CAMS, CGSS, FIS, etc.)

Skills

• Knowledge of regulatory frameworks impacting client onboarding in the US – namely, US KYC/AML (BSA, PATRIOT Act, FINRA Rules) and FATCA
• Compliance and regulatory expertise
• Client-centric approach
• Knowledge of banking and capital markets business
• Quality assurance processes
• Strong communication, analytical, organizational, project management, and planning skills
• Knowledge of businesses, products, operations, systems, and organization
• Ability to work independently and in team setting

Benefits

At Scotiabank, we offer a comprehensive benefits package designed to support your unique family, financial, physical, mental, and social health needs.

Pay

Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

Schedule

Must be able to operate effectively within a stressful environment with changing priorities and tight time frames.

Location

United States : Texas : Dallas