Title:  Analyst, First Line Supervision & Support (FLSS), U.S. Internal Control

Requisition ID: 205320

 Salary Range: 67,400.00 - 125,200.00 

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

The Analyst, US Internal Control FLSS, contributes to the overall success of the SBUS Control Framework in the US ensuring specific individual goals, plans, and initiatives are executed and delivered in support of the Corporate and Investment Banking, Equity Research, Equity and Debt Capital Markets, Global Loan Syndications, Structured Credit and Securitization (collectively “Private Side”) strategies and objectives, by working with the 1A (Front Office) to ensure all activities conducted by the business are in compliance with governing regulations, internal policies and procedures. As 1st Line of Defense, Analyst FLSS will provide supervision and support in managing non-financial risks inherent to products and services offered by Scotiabank SBUS across the Private Side businesses. This Analyst will work closely with the Senior Manager FLSS and will assist in meeting a number of industry practices and regulatory requirements related to Private Side businesses. This role will be seated out of our Houston office.

What You’ll Do 

• Knowledge in Corporate and Investment Banking and Capital Markets business, able to effectively communicate with multiple stakeholders in business/trading, operations, and risk conversations.
• Knowledge of compliance and controls for Broker-Dealers and Banks businesses.
• Understanding of the operational aspects, compliance, and business matters for the Private Side businesses.
• Able to assist Front Office on operational/process, risk, and compliance issues and internal/external obligations.
• Participate in RCSA, CRCA, Risk ID execution and liaise with 1A to identify processes, risks, controls, and corresponding ratings.
• Provide support to Senior Manager, FLSS in the collation of information and execution required by Compliance and internal audit to facilitate examinations/reviews.
• Participate in the analysis and documentation of risk events to ascertain underlying causes and formulate action plans to address process breakdowns.
• Collaborate in risk events incidents documentation and escalation process, investigating and remediating as necessary.
• Collaborate with other stakeholders to provide, document, and improve efficiencies and key metrics (KRIs/KPIs) on supervisory and operational risk topics for senior management when required.
• Participate in the review of regulatory and audit findings and work with business line management to formulate responses.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues 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. 
• Champions a high-performance environment and contributes to an inclusive work environment. 
• Other duties and projects may be assigned from time to time.

What You’ll Bring 

• Bachelor’s Degree in Economics, Finance or Business Management related fields
• Previous work experience of Capital Markets Front Office, Audit and Compliance environment or similar 
• Knowledge of capital markets processes and capital markets expertise to effectively interpret input from Business leaders and Subject Matter Experts (“SMEs”) 
• Past experience of working with regulations and familiarity with latest laws
• Strong written and verbal communication skills, ability to guide decision making process and facilitate consensus
• Ability to network, collaborate, and interview Traders, Supervisors and other stakeholders to attain necessary information for drafting internal control documentation and Written Supervisory Procedures (“WSPs”)

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. 

Location(s):  United States : Texas : Houston || United States : Texas : Austin || 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, please click 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.