Analyst, GBM AML Risk Assessment

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!

The Analyst, GBM/GTB AML and Sanctions Risk Assessment, contributes to the overall success of the GBM/GTB AML Risk Assessment Team by supporting the strategic execution and continuous enhancement of AML and Sanctions risk assessment activities across Global Banking and Markets (GBM) and Global Transaction Banking (GTB). The Analyst will support Change Management Risk Assessments from an AML and Sanctions lens, including both the New Initiative Risk Assessment / New Initiative AML & Sanctions Risk Assessment process (NIRA/NIASRA) and Third-Party Risk Assessment reviews.

The role will support the Senior Manager, GBM AML Risk Assessments, while contributing to the broader Risk Assessment Team’s mandate under the Head of GBM/GTB AML Risk Assessment.

The successful candidate will support the review, coordination, documentation, and tracking of AML and Sanctions risks associated with new initiatives, products, services, business changes, and third-party relationships.

In addition, the Analyst will help develop clear, and well-organized materials for stakeholders, including risk assessment summaries, action item trackers, meeting materials, and management reporting that support timely decision-making, effective challenge, and regulatory-ready documentation.

• Support Change Management Risk Assessments from an AML and Sanctions perspective by assisting with reviews of new initiatives, products, services, business changes, and third-party relationships across GBM and GTB.
• Support the NIRA/NIASRA process by coordinating intake, reviewing materials, documenting AML and Sanctions considerations, tracking open items, and supporting timely completion of assessments in alignment with program expectations.
• Support Third-Party Risk Assessment reviews by helping evaluate AML and Sanctions risks associated with vendor, service provider, and third-party relationships, including review of relevant documentation, risk factors, controls, and escalation points.
• Assist in identifying, documenting, and escalating AML and Sanctions risks including client, product, geography, transaction, sanctions, control, and operational considerations relevant to new initiatives and third-party engagements.
• Maintain assessment trackers, inventories, and supporting documentation to provide visibility into assessment status, aging items, stakeholder follow-ups, key decisions, and required action plans.
• Support effective challenge and quality assurance by reviewing submissions for completeness, consistency, and alignment with AML and Sanctions risk assessment methodology, procedures, and regulatory expectations.
• Collaborate with the business, onboarding, business risk management, sanctions advisory, other members of the AML program third-party risk, operations, and technology stakeholders to obtain required information, clarify risk drivers, and support consistent execution of the assessment process.
• Prepare clear written summaries and presentation materials that communicate risk assessment outcomes, open issues, action items, and key themes in a concise and management-ready format.
• Contribute to continuous enhancement of Change Management Risk Assessment procedures by helping document process steps, identify efficiency opportunities, strengthen controls, and support consistency across NIRA/NIASRA and Third-Party Risk Assessment…