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financial control officer
Title posted on CareerBeacon - Velocity - Compliance and Anti-Money Laundering Internship Co-Op - Summer 1
Posted on November 07, 2024 by Employer details Scotiabank
Job details
Requisition ID: 206649Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Velocity ? Compliance and Anti-Money Laundering Internship/Co-Op ? Winter 2025 Term: January? April 2025 There's no better way to kickstart your career than to do a co-op or internship with Scotiabank! During your work term, you'll have the opportunity to be part of a winning team, build your network, and discover what you love ? all while getting paid to do it! There's a place for every type of student at Scotiabank and all that we ask for is that you have passion and strong AOO (Attitude, Ownership and Opportunity). The Velocity Program is not your average internship or co-op! This is a customized experience that focuses on providing you with the development and tools you need to grow your career. After successfully completing a co-op or internship with top performance, we will work with you to establish your future placements. As a result, you will get to learn, grow, and experiment within different areas of both Scotiabank and Tangerine! Compliance: Do you have a keen interest in the different sectors of the banking industry? Are you interested in learning more about business operations in the area of Compliance? The Compliance Team is seeking candidates who enjoy working collaboratively with teams internally and externally, who thrive in a fast-paced environment managing competing priorities and deadlines. Compliance is a ever-growing field ensuring different areas of the bank follow set guidelines, rules and regulations to help govern bank policies and procedures. You'll have the opportunity to gain hands-on experience in analyzing, investigating, and solving complex Compliance problems to ensure Bank-wide success. Apply to the Activate ? Compliance stream if you want to develop as a compliance professional overseeing bank governance, international global regulatory relations, and internal bank processes. Anti-Money Laundering: The Financial Crimes Risk Management (FCRM) Team provides oversight over the banks Anti-Money Laundering, Anti-Terrorist Financing, and sanctions compliance program, including design and effective implementation. The program is designed to: Mitigate the risks of Scotiabank products or services being used for prohibited activities; and Ensure compliance with the laws and regulations applicable to the bank.To achieve this, we support the creation and maintenance of effective Know Your Client ("KYC") processes, a risk-based approach to monitoring client activity to identify and report potentially suspicious and/or unusual activity, specialized training, independent testing, amongst other initiatives and activities. The FCRM Team includes functions that deal with data, technology, governance, reporting, policies and procedures, investigations, analytics, and so much more. Our team is comprised of both highly technical individuals, with strong data and analytics skills, as well as individuals with a strong foundation and interest in governance and policy development ? as an Activate associate, you'll get to experience both! If this area sounds interesting to you, apply now to the GRM, FCRM stream of Activate. Is this role right for you? In this role, you will: Work collaboratively with teams both within and outside Global Compliance on strategic initiatives Drive comprehensive and innovative solutions to complex challenges and opportunities Mobilize, build, sequence, and implement capabilities for change, impact, and ongoing sustainability Supporting activities could include issue identification, formulating fact-based recommendations for improvement, researching enabling solutions and tools, preparation of presentation material and socialization, as well as data collection, ingestion, and key analysis for decision-making Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisionsDo you have the skills and requirements tha- LocationToronto, ON
- Workplace information On site
- SalaryNot available
- Terms of employment Permanent employmentFull time
- Starts as soon as possible
- vacancies 1 vacancy
- Source CareerBeacon #2110593
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