Director, Client Risk Management, Business Risk Management

Scotiabank is hiring for its International Banking division. The role is based in Toronto, Ontario, and is currently hybrid, with an expectation of working in the office 3–4 days per week. The arrangement may change based on business needs.

Role overview

Lead first-line AML/ATF and sanctions business risk management across International Banking. Provide strategic direction and oversight to support regulatory compliance and effective controls across business lines and countries.

Responsibilities

• Oversee International Banking’s first-line AML/ATF and sanctions programs, controls, systems, procedures, and governance.
• Maintain awareness of local and global regulations, enterprise policies, standards, and industry practices; work with business lines to implement locally appropriate procedures and controls.
• Oversee program assessments, regulatory compliance management, training plans, third-party risk management, and related executive reporting.
• Identify and remediate program deficiencies, policy exceptions, implementation delays, and AML-related issues; report risks and progress to executive management.
• Collaborate with business lines, local stakeholders, AML Advisory, local AML officers, and second- and third-line teams on AML initiatives and escalations.
• Support country-level AML governance and ensure local entities have adequate resources for KYC, enhanced due diligence, customer risk rating, and payment screening controls.
• Lead and develop a high-performing team and promote effective day-to-day business controls.

Qualifications

• University degree and 10–15 years of financial services experience.
• Fluency in English and Spanish; strong written and verbal communication in both languages.
• Strong knowledge of International Banking business units, products, services, operations, and systems.
• In-depth knowledge of AML/ATF and sanctions regulations, policies, procedures, operations, and controls.
• Experience leading professional staff across head office and country offices.
• CAMs designation is an asset.

The posting also lists locations in Santiago de Chile, Bogotá, Mexico City, and Lima.