Manager, Aml, Atf Program

Requisition ID: 199572

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

**Purpose**

Contributes to the overall success of the GBM AML Risk, Program team in Singapore ensuring business strategies, plans and initiatives are executed/ delivered in compliance with governing regulations, internal policies and procedures.

**Accountabilities**

**General**
- Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively pursue effective and efficient operations of his/ her 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.
- Champion a high-performance environment and contributes to an inclusive work environment.
- Assist team lead with ad hoc Asia Pacific (APAC) AML, ATF & Sanctions related task/projects, as required.
- Foster effective working relationships and attend to routine enquiries/ requests from stakeholders as required.

**Advisory**
- Administer the Anti-Money Laundering, Anti-Terrorist Financing & Sanctions (AML, ATF & Sanctions) program for Singapore ensuring that it reflects the Enterprise-wide and GBM AML, ATF & Sanctions Program and local regulatory requirements. This includes the following (but not limited to):

- Review Enterprise and/ or GBM Standards, Policies and Procedures and provide meaningful feedback, considering local regulatory and process nuances;
- Review AML, ATF & Sanctions related escalations and provide risk-centric advice;
- Manage end-to-end process for Enterprise ML/TF Risk Assessment (EMRA) and Enterprise Sanctions Risk Assessment (ESRA) for Singapore and APAC;
- Assist in Quality Assurance reviews of New Initiative AML and Sanctions Risk Assessment (NIASRA) Applicability Determination of Initiatives deemed ‘Out of Scope’;
- Assist in Request for Information (RFIs) from Internal Audit, External Audit, GBM AML Monitoring & Testing;
- Assist in the tracking and monitoring of AML, ATF & Sanctions related issues/ remediations and promptly escalating when timelines are at risk of not being met; and
- Assist to coordinate or conduct AML, ATF & Sanctions related training.

**Regulatory Change Management**
- Administer the Enterprise AML, ATF and Sanctions Regulatory Change Management (RCM) Program. This includes the following (but not limited to):

- Stay abreast of local regulatory changes by maintaining the list of applicable legislations and guidelines for AML, ATF & Sanctions;
- Conduct an assessment/ gap analysis of local regulatory requirements against Enterprise-wide, GBM AML, ATF & Sanctions Standards, Policies and Procedures, and assist in devising suitable controls such that all identified gaps are addressed;
- Maintain the Singapore Regulatory Library and Control Library (for Second Line owned controls) in line with RCM Program Standard and Procedures (as applicable);
- Assist in the review and challenge of First Line owned controls relating to AML, ATF & Sanctions; and
- Assist in the maintenance of an updated GBM AML Risk - Singapore Addendum.

**Regulatory Interaction/ Reporting**
- Assist in the review of Unusual Transaction Reports (UTR) escalated by conducting investigations and recommending if a Suspicious Transaction Report (STR) is to be filed, while adhering to regulatory reporting timelines.
- Champion the collation, review, and challenge of the annual MAS Banking Sector ML/TF Risk Assessment Survey.
- Assist in Request for Information (RFIs) from MAS and other regulatory authorities, including but not limited to Comprehensive Risk Assessment Framework and Techniques (CRAFT), relationship checks, enquiries.

**Administrative**
- Arrange meetings and undertake other organizational tasks as necessary.
- Prepare and circulate materials for meetings.
- Take and transcribe minutes of meetings as necessary.
- Prepare inputs/updates to recurring meetings, including but not limited to Bi-Weekly Team Meeting, Monthly Regional AML Meeting, Monthly GBM AML and GSS Leadership Meeting, GBM AML Risk Policy Forum, Monthly KYC Working Group and Monthly APAC Compliance & AML Team Meeting.
- Maintain the Exception Tracker and UTR/ STR Tracker.
- Maintain the AML shared folders.

**Reports to**: Senior Manager, GBM AML/ATF Program, Singapore

**Dimensions**
- The incumbent is based in Singapore.
- The incumbent should be results oriented with strong organizational and time management skills and is expected to prioritize multiple tasks and meet deadlines.
- The incumbent is expected to work independently, as well as in a team setting.
- The incumbent should be meticulous and