AML Analyst

About the Role The AML Analyst in ScotiaGBS Bogotá contributes to the overall success of the AML Operations Unit by ensuring the effective execution of individual goals, plans, and initiatives in support of the team’s strategies and objectives. The role investigates and evaluates customer relationships to identify potential financial, reputational, operational, and compliance risks related to money laundering and terrorist financing. Based on Global Operations needs, the Analyst may support one or more AML functions for Canadian and/or International Banking, including Enhanced Due Diligence, Name Screening, Transaction Monitoring, Demarket, and Media Search. What You'll Do

• Actively pursue effective and efficient operations, ensuring daily business controls are adequate, adhered to, and effective in managing operational, regulatory compliance, AML/ATF, and conduct risks.
• Investigate and analyze transactions and identify unusual patterns of international payment or trade finance activity to assess money laundering and operational risk exposure.
• Support the Bank’s compliance with AML regulatory obligations, including the detection and reporting of suspicious activities.
• Prepare risk assessment reports, spreadsheets, and case memoranda outlining suspicious AML typologies, scope of investigation, risk evaluation, and recommended corrective actions.
• Conduct thorough analysis to support accurate, consistent, and well-reasoned risk ratings.
• Develop and maintain a strong understanding of AML/ATF policies, procedures, regulations, industry best practices, criminal typologies, and emerging trends.
• Mitigate financial and reputational risks to the Bank by ensuring timely and accurate case handling.
• Support business line partners and stakeholders by responding promptly to requests, inquiries, and case escalations.
• Assist Managers and Senior Managers in AML operations to mitigate money laundering and terrorist financing risks.
• Meet productivity and quality standards defined through performance metrics and service level agreements (SLAs).
• Ensure all assigned cases are completed within established timelines and quality requirements.
• Identify opportunities for process, system, and technology improvements and participate in implementation initiatives when applicable.
• Maintain proper documentation and audit-ready records in accordance with internal and regulatory standards. What We're Looking For
• Bachelor’s degree in Business Administration, Industrial Engineering, Law, or related fields.
• 6 months to 2 years of relevant experience.
• Strong understanding of AML/ATF policies, procedures, regulations, industry best practices, and emerging trends.
• Experience in investigating and analyzing transactions, preparing risk assessment reports, and case memoranda.
• Ability to maintain documentation and ensure compliance with internal and regulatory standards; capable of meeting SLAs.
• Effective communication and collaboration with business lines and stakeholders.
• Ability to identify opportunities for process and system improvements and participate in implementation initiatives.
• Knowledge or experience with Enhanced Due Diligence, Name Screening, Transaction Monitoring, Demarket, and Media Search is a plus.