Associate, US KYC Refresh
About the role
Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture.
Responsibilities
- Facilitate the Periodic Refresh of US Global Banking and Markets clients in an efficient, compliant and client-centric manner;
- Work with team members and stakeholders to implement new procedures and regulations to meet and exceed internal / external audit standards;
- Follow and adhere to AML controls; including review of high-risk customers, PEP screenings, and standard KYC / AML procedures;
- Update KYC platform tool with new / updated client information, as required;
- Resolve day to day matters during the refresh process; escalate complex issues to appropriate departments and team members 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.
Requirements
- Minimum of 3-5 years in financial services and recognized expertise of current and anticipated regulatory frameworks impacting client onboarding in the US – namely, US KYC/AML, Dodd-Frank 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
Minimum of 3-5 years in financial services and recognized expertise of current and anticipated regulatory frameworks impacting client onboarding in the US – namely, US KYC/AML, Dodd-Frank 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.
Skills
Minimum of 3-5 years in financial services and recognized expertise of current and anticipated regulatory frameworks impacting client onboarding in the US – namely, US KYC/AML, Dodd-Frank 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.
Benefits
Scotiabank offers a comprehensive benefits package, including, but not limited to, health insurance, retirement plans, and wellness programs.
Pay
Commensurate with experience.
Schedule
N/A