Senior Manager, Global Sanctions Advisory

 

 

 

Requisition ID: 255882

 Salary Range:  -  

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

 

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

 

 

Global Banking and Markets 

 

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. 

 

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.  

 

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future! 

 

Purpose

 

The Senior Manager for Canada and the Americas, Global Sanctions Advisory, contributes to the overall success of the Global Sanctions team by ensuring specific individual goals, plans, and initiatives are delivered in support of the team’s business strategies and objectives.  Generally, this role ensures clients are thoroughly vetted for risk with respect to Canadian and U.S. sanctions, pursuant to the bank’s compliance policies and procedures.   

 

What You'll Do

 

•    Support Global Sanctions Office functions. Such functions include the following:

          o    Business Line Advisory 
          o    Policy & Standards Advisory
          o    International Banking Regional Oversight
          o    Canadian Regulatory Reporting 
          o    Business Line Specific Training

•    Application of Canadian and U.S. sanctions subject matter expertise in the provision of sanctions-related advice and counsel to all of the Bank’s four Business Lines, rooted in the Bank’s risk appetite, policies, and standards.  
•    Draft, review, and update procedures for Global Sanctions Advisory functions.
•    Review procedures and controls of Business Lines and relevant operating units to ensure they do not compromise Scotiabank’s Sanctions Program effectiveness.
•    Prepare and deliver business line specific training and contribute to content of enterprise sanctions training programs and related education initiatives.
•    Contribute to content and design of Senior/Executive Management reporting on sanctions-related regulatory matters.
•    Actively participate in sanctions-related internal audits and external regulatory reviews.
•    Build strong partnerships with Business Lines, Internal Audit, and other key stakeholders, and work collaboratively across functional teams to resolve open sanctions issues in a timely and effective manner.
•    Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
•    Promote operational efficiency.

 

What You'll Bring

 

•    Master’s Degree in International Affairs, Juris Doctor/LL.B. or MBA preferred, with a minimum of 5 years of experience in Sanctions Compliance capacity; or its equivalent in education and years of experience. 
•    Comprehensive knowledge of Canadian and U.S. economic and anti-terrorism sanctions laws and regulatory expectations, preferably gained through experience working directly for a relevant regulatory body.  Knowledge of UK and EU sanctions a plus.
•    Advanced analytical, problem-solving and critical thinking skills with solid organization and time management skills to deal with complex operational issues in a matrix organization.
•    Thorough knowledge of international sanctions risk management standards and industry best practices. 
•    Proven ability to build strong cross-functional business relationships.
•    Excellent written an