Requisition ID: 225737
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Senior QA Specialist scrutinizes and evaluates FINTRAC regulatory reporting with focus on governance and oversight and quality assurance. Guided by Bank policy, receives direct supervision from the Senior Manager. Within a well-defined task, the Senior QA Specialist is expected to function independently while ensuring that management is kept informed and that problems and issues are escalated appropriately.
Is this role right for you? In this role, you will:
• Identifying unacceptable AML risks and escalating appropriately to the QA Manager or QA Senior Manager, Regulatory Reporting.
• Identify, track, and communicate system improvement opportunities and analytic defects, and participate in the implementation process.
• Assist in the creation and maintenance of analytical tools and reporting dashboards (e.g. Power BI) in respect to FINTRAC regulatory reporting.
• Assist in the development of business requirement documents and user acceptance testing of AML front end and
detective controls. Participate in the operational implementation process by assisting in the development of training materials, the creation of job aids and workflows, the development of communications and publications, the development of conversion and implementation strategies, training staff, and post-implementation support.
• Support and continuously improve the on-going initiatives in respect to AML regulatory reporting to FINTRAC, by providing ad hoc reporting, monitoring efficiency/effectiveness of reporting, soliciting feedback, and critically assessing procedures.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risks.
• Champions a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.
- Provides senior management with consistent, consolidated, annotated reporting on AML regulatory reporting to FINTRAC, specific to Canadian legislation, with specific emphasis on Large Cash Transaction Report (LCTR),
- Electronic Funds Transfer Report (EFTR), Terrorist Property Report (TPR), and Ministerial Directive(s)
Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
- A recognized under-graduate degree in a business or technical discipline (Accounting, Finance, or a related field) with a minimum of 3 years of related experience.
- Must have strong knowledge of regulatory compliance, particularly with respect to FINTRAC regulatory reporting (including SWIFT, NON-SWIFT EFT and LCTR)
- ACAMS Certification a plus.
Location(s): Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.
