Senior Manager, Enhanced Due Diligence, Global AML

Senior Manager, Enhanced Due Diligence, Global AML

Requisition ID: 262047

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

Contributes to the overall success of Global AML by providing independent 2nd Line oversight and challenge of Enhanced Due Diligence (EDD) for high‑risk clients, high‑risk segments, and targeted areas of heightened concern. The role is accountable for ensuring that elevated client risks are comprehensively identified, clearly articulated, and effectively managed in alignment with Scotiabank’s Global AML Framework, Risk Appetite, and regulatory expectations.

The Senior Manager plays a key role in driving strong client risk outcomes, influencing EDD quality, and supporting AML transformation initiatives.

What You'll Do

• 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.

• Assess whether EDD outputs appropriately reflect the client’s true risk profile and are consistent with Scotiabank’s risk appetite.

• Identify, assess, and escalate areas of heightened concern, including adverse media, PEP exposure, sanctions risk, complex structures, or regulatory sensitivity.

• 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.

• Creates 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.

• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and managing succession and development planning for the team.

What You'll Bring

• 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.

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?

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.

#Dallas

#GBM

Location(s): United States : Texas : Dallas

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, pleaseclick 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.

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.