Senior Manager, FIU, GBM AML
Scotiabank, Dallas, TX, United States
Purpose
This Senior Manager will lead and oversee the U.S. AML Risk Department ensuring business strategies, plans and initiatives are executed and delivered in compliance with governing regulations, internal policies and procedures. You will also assist the FIU Director with the development, implementation and maintenance of appropriate AML Transaction Monitoring and Financial Investigations to detect and report on suspicious activities in accordance with the Bank’s requirements under US Federal and state regulations, including the Bank Secrecy Act ("BSA"), Anti Money Laundering ("AML") regulations, and the USA PATRIOT Act.
What You’ll Do
Lead and drive a customer‑focused culture throughout your team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Assist the FIU Director in managing the day‑to‑day activities of the FIU. The FIU is responsible for AML Transaction Monitoring and all investigations of unusual activity resulting from an alert generation, exceptions generated by the transaction monitoring system(s), and referrals received from various operational or business areas.
Manage assigned direct‑report FIU personnel and oversee the daily monitoring of their assigned workflows and productivity. Responsible for assigning alerts and cases to direct reports, as appropriate, and for ensuring that all monitoring, investigations and reporting is completed in a timely manner and in accordance with both internal and statutory guidelines.
Manage, develop, train, and provide guidance to assigned FIU personnel when needed.
Attend Suspicious Activity Report (SAR) Working Group Meetings and provide feedback and input on cases presented, specifically whether predication exists for the filing of a SAR.
Assist in periodic system validations and system maintenance and help ensure issues are identified and reported to U.S. AML Risk Analytics on a timely basis. When applicable, identify system enhancements as needed.
Regularly provide input regarding changes to rules, parameters and thresholds maintained within the transaction monitoring system to ensure its continued effectiveness.
Assist in reviewing case investigations and alert dispositions.
Conduct regular meetings with assigned direct report FIU personnel for the purpose of tracking productivity, monitoring work product and providing training, suggestions and feedback.
Attend regular meetings with FIU Director and provide updates on the workforce, workload and productivity of assigned direct report FIU personnel. If applicable, recommend changes to and general upkeep of FIU Policies, Procedures, Check‑lists and guidelines to the FIU Director.
As delegated, file SARs with the online BSA system under the Bank’s filing institution number.
Manage and maintain the SAR Log and ensure that all information regarding the SAR filings, the 90‑day reviews and UTRs are populated and maintained within the log.
Ensure 90‑day reviews are referred to the appropriate FIU personnel and that assigned reviews are conducted in a timely manner; ensure case files include proper documentation to evidence investigative activity, disposition and reasons for conclusions.
Understand how the Bank’s risk appetite and risk culture should be considered in day‑to‑day activities and decisions.
Creates an environment in which your 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.
Builds a high‑performance environment and implements a people strategy that attracts, retains, develops and motivates your 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.
What You’ll Bring
B.A./B.S. Required
Extensive level of knowledge of BSA/AML and Transaction Monitoring practices
At least 5 years of AML/ATF Transaction Monitoring experience
Experience working in U.S. Operations of foreign bank
Experience with payment and AML monitoring systems, including systems using and testing.
Understanding of payment methods and formats (i.e. SWIFT, Fed Wire, CHIPs, ACH/IAT) and related Compliance requirements (i.e. Travel Rule, etc.)
ACAMS certified (preferred)
Capital Markets experience (preferred)
Knowledge of Prime BSA Reporter and other AML Monitoring systems
Understanding of the online BSA system and experience filing SARs with the online BSA system.
Benefits Scotiabank wants you to be able to bring your best self to work—and life—every day. With a focus on holistic well‑being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Equal Opportunity Employer Statement Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.
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What You’ll Do
Lead and drive a customer‑focused culture throughout your team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Assist the FIU Director in managing the day‑to‑day activities of the FIU. The FIU is responsible for AML Transaction Monitoring and all investigations of unusual activity resulting from an alert generation, exceptions generated by the transaction monitoring system(s), and referrals received from various operational or business areas.
Manage assigned direct‑report FIU personnel and oversee the daily monitoring of their assigned workflows and productivity. Responsible for assigning alerts and cases to direct reports, as appropriate, and for ensuring that all monitoring, investigations and reporting is completed in a timely manner and in accordance with both internal and statutory guidelines.
Manage, develop, train, and provide guidance to assigned FIU personnel when needed.
Attend Suspicious Activity Report (SAR) Working Group Meetings and provide feedback and input on cases presented, specifically whether predication exists for the filing of a SAR.
Assist in periodic system validations and system maintenance and help ensure issues are identified and reported to U.S. AML Risk Analytics on a timely basis. When applicable, identify system enhancements as needed.
Regularly provide input regarding changes to rules, parameters and thresholds maintained within the transaction monitoring system to ensure its continued effectiveness.
Assist in reviewing case investigations and alert dispositions.
Conduct regular meetings with assigned direct report FIU personnel for the purpose of tracking productivity, monitoring work product and providing training, suggestions and feedback.
Attend regular meetings with FIU Director and provide updates on the workforce, workload and productivity of assigned direct report FIU personnel. If applicable, recommend changes to and general upkeep of FIU Policies, Procedures, Check‑lists and guidelines to the FIU Director.
As delegated, file SARs with the online BSA system under the Bank’s filing institution number.
Manage and maintain the SAR Log and ensure that all information regarding the SAR filings, the 90‑day reviews and UTRs are populated and maintained within the log.
Ensure 90‑day reviews are referred to the appropriate FIU personnel and that assigned reviews are conducted in a timely manner; ensure case files include proper documentation to evidence investigative activity, disposition and reasons for conclusions.
Understand how the Bank’s risk appetite and risk culture should be considered in day‑to‑day activities and decisions.
Creates an environment in which your 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.
Builds a high‑performance environment and implements a people strategy that attracts, retains, develops and motivates your 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.
What You’ll Bring
B.A./B.S. Required
Extensive level of knowledge of BSA/AML and Transaction Monitoring practices
At least 5 years of AML/ATF Transaction Monitoring experience
Experience working in U.S. Operations of foreign bank
Experience with payment and AML monitoring systems, including systems using and testing.
Understanding of payment methods and formats (i.e. SWIFT, Fed Wire, CHIPs, ACH/IAT) and related Compliance requirements (i.e. Travel Rule, etc.)
ACAMS certified (preferred)
Capital Markets experience (preferred)
Knowledge of Prime BSA Reporter and other AML Monitoring systems
Understanding of the online BSA system and experience filing SARs with the online BSA system.
Benefits Scotiabank wants you to be able to bring your best self to work—and life—every day. With a focus on holistic well‑being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Equal Opportunity Employer Statement Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.
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