Senior Manager, Enhanced Due Diligence, Global AML

About the role

Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture. Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Responsibilities

• Leads and drives a customer-focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Lead and oversee 2nd Line Enhanced Due Diligence reviews for high-risk and complex clients, including assessment of ownership and control structures, source of wealth/funds, geographic exposure, products, services, and transactional behavior.
• Conduct and/or oversee EDD-focused segment and portfolio risk reviews, identifying systemic risk drivers, control effectiveness, and residual risk.
• Provide effective and independent challenge to 1st Line EDD conclusions, including client risk ratings, mitigation strategies, monitoring approaches, and client acceptance or exit decisions.
• Audit and ensure EDD findings, issues, and recommendations are risk-focused, well-supported, and clearly documented.
• Drive remediation through clear issue ownership, action plans, and ongoing tracking.
• Contribute to the development and enhancement of EDD standards, methodologies, risk rating frameworks, and governance processes.
• Provide thematic EDD insights and risk reporting to senior management and governance forums.
• Support regulatory examinations, internal audits, and independent testing related to EDD and client risk management.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• 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 Sales 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 behaviors; communicating vision/values/business strategy; and managing succession and development planning for the team.

Requirements

University degree required; CAMS or equivalent certification preferred. Typically, 8–12+ years of experience in AML, EDD, financial crime risk, or regulatory compliance. Deep expertise in Enhanced Due Diligence for high-risk and complex clients. Demonstrated ability to operate effectively in a 2nd Line oversight and challenge role. Strong communication, documentation, and stakeholder management skills.