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Title:  Analyst, Trade Floor Supervision, US Internal Control

 

 

 

Requisition ID: 118941

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

 

Trade Floor Supervision (“TFS”) is a subset of the First Line Supervision Support team within US Internal Control.  TFS is embedded on the trading floor and is responsible for establishing and monitoring a control framework that is reasonably designed to create a compliant trade floor environment.  Specifically, TFS performs monitoring of transactions and communications of sales and trading employees to ensure compliance with the firm’s Code of Conduct, internal policies and procedures, Global FX Code, industry standards and applicable regulatory requirements.

 

 

 

Is this role right for you? You will be responsible for:

 

 

  • Championing a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Reviewing electronic and voice communications generated by Global Banking and Markets (“GBM”) and Group Treasury staff for compliance with regulatory requirements and/or internal policies and procedures.  
  • Performing and managing investigations of electronic and voice communications (e.g., discussing the facts and circumstances surrounding a particular communication with an employee), documents findings and, where required, escalates to relevant stakeholders which communications include potential violations of regulatory requirements and/or internal policies and procedures.
  • Performing market conduct related transaction monitoring for GBM sales and trading employees and manages related investigations, documents findings, and, where required, escalates to relevant stakeholders which transactions may have violated regulatory requirements and/or internal policies and procedures.
  • Highly organized and diligent in tracking and documenting numerous parallel investigations at the same time.
  • Communicating directly with the business regarding monitoring related investigations.
  • Able to use judgment in managing highly sensitive information and/or situations. 
  • Assisting with creating and disseminating reporting relating to monitoring.
  • Assisting with periodically reviewing and drafting of TFS procedures.
  • Responsible for participating in the periodic review of the parameters of communication and transaction-based reviews performed by TFS.
  • Assisting with producing communication or transaction monitoring related evidence in connection with requests from external and internal auditors.
  • Understands 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, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
  • Championing a high-performance environment and contributes to an inclusive work environment.

 

 

 

Do you have the skills necessary to succeed in this role? - We'd love to work with you if:

 

 

  • Previous experience in a front office supervision role or compliance function preferred
  • Working knowledge of securities law, regulations and trading rules
  • Ability to conduct detailed investigations and write concise reports in a timely manner.
  • Must be able to obtain US licensing with FINRA (Series 7, 63, 24)
  • Prior experience conducting communication surveillance would be highly desirable
  • Thorough analytical skills required to work with the various programs and information to ensure completeness of a communication.
  • JD preferred.
  • Proficiency in Spanish is preferred but not required.

 

Location(s):  United States : New York : New York City 

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.


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