Title:  Manager, Regulatory Reporting, Houston Branch

Requisition ID: 197290

 Salary Range: 85,700.00 - 159,100.00 

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

In this role as a Manager, Regulatory Reporting, you will contribute to the overall success of the U.S. Finance Department, ensuring specific individual and departmental goals, plans, initiatives are executed and delivered in support of the team’s business strategies and objectives within the U.S. and globally as part of Global Business Markets (GBM).  As the Manager of Regulatory Reporting you must ensure all activities conducted are in compliance with governing regulations, internal policies and procedures for Houston Branch and Scotia Holding (USA), LLC. It includes preparation and review of regulatory reports, manages / coordinates the issues identified around AXIOM logic and data integrity / quality issues for Houston Branch’s reporting perspective. 

What You’ll Do

• Prepare regulatory reports in accordance with US GAAP and reporting instructions covering daily, weekly, monthly, quarterly, and annual reports (e.g., FR2900, FR2644, FFIEC 002, FFIEC 019, TIC reports, BE reports, etc...).

• Perform thorough review of regulatory reports as assigned to ensure compliance with the regulatory reports’ instruction and proper controls in places. 

• Working knowledge of the reporting tool (Axiom) used by the department to produce the regulatory filings.

• Document and monitor issues related to system / data quality from regulatory reports. Continuously drive accountability for accuracy of Critical Data Elements (CDEs) used for Regulatory Reporting. Work with team members for initial root causes analysis and resolution channel.

• Collaborate with various stakeholders across business and functional areas of the Bank (i.e., AXIOM Project team, Data Governance, Operations, Treasury, Credit Risk, Product Control, IT, etc…) to interpret, operationalize and implement new reporting requirements and to resolve known and self-identified issues.

• Participate in end-to-end testing on all AXIOM BAU releases as applicable.

• Help prepare and coordinate requested information and answer questions from Internal Audit, Quality Assurance Internal Control and external Fed Exams. Implement improvements to process and controls based on testing results.

• Create/update Policies & Procedures and other documentations including process flows and risk control matrices. 

• Assist in the data collection for regulatory reporting metrics for dashboards.

• Prepares presentation decks to internal stakeholders. Assist in the development and/or updating training material and conduct training as necessary. 

• Attends required Finance, U.S. GAAP/IFRS, Regulatory, and any mandatory Compliance training.

• Ability to respond promptly and sufficiently to ad-hoc regulatory requests while ensuring other deliverables are met. 

• Demonstrate an ability to exercise a high degree of initiative, independent judgement, and self-direction in meeting objectives and solving problems while knowing when to reach out for clarification and/or assistance.

• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge. 

• Actively pursues effective and efficient operations of his/her respective areas, 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 in accordance with Scotiabank’s Values, its Code of Conduct. 

• Contribute to a high-performance environment and contributes to an inclusive work environment 

• Other Projects as assigned.

What You’ll Bring

• Bachelor of Science in Accounting, Finance or equivalent
• CPA preferred; MBA a plus
• Strong Accounting knowledge and comprehension of U.S. GAAP accounting rule / instructions
• 5+ years working experience in financial and regulatory reporting at a large and complex banking organization or consulting firm
• Strong understanding of banking and capital markets
• Strong work ethics and accountability
• Strong written and verbal communication skills including presentation skills to senior management
• Ability to work effectively in a dynamically changing environment
• Proficient PC Skills, especially in MS Office Suite; Basic Excel formulas

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

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.