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Title:  Compliance Officer




Requisition ID: 90481


Join the Global Community of Scotiabankers to help customers become better off.


In this role as Compliance Officer (CO), you will directly conduct capital markets trading related surveillance, monitoring and support for the Global Banking and Markets & Treasury (“GBM&T”) business division of Scotiabank. You will be responsible for carrying out certain Tier 2 compliance activities for assigned internal business groups in accordance with global and local regulatory requirements (in particular, those established by securities regulations and Self-Regulatory Organizations) as well as internal policies and procedures.

Is this role right for you?

  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Conduct post-trade market related surveillance to address alerts (analyze and address alerts using the Trading Hub and other surveillance applications); identify and investigate any potential exchange / marketplace and regulatory rule violations by clients and/or traders
  • Focus on developing a high level of understanding of the products, markets, systems regulations and personnel necessary in order to exercise judgement to identify, diagnose, and problem-solve within the rules
  • Supports effectiveness testing of business supervision related processes and controls, including identification of gaps in the existing trade surveillance processes
  • Assist in the development and enhancement of procedures and processes of the surveillance program
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
  • Assist in responding to regulatory and internal audit inquiries, which includes gathering documents and/or data extracts
  • Assist in conducting effectiveness testing of supervision related processes and controls
  • Assist other team members and provide back-up support within the team and other projects as assigned
  • 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
  • Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team


Do you have the skills you need to succeed? We'd love to work with you, if you have:

  • A minimum of 3-5 years of related experience at a financial institution and/or regulated securities dealer
  • Fluency in Spanish and Portuguese (required)
  • A post-Secondary education and/or professional designation
  • Securities licenses, Conduct and Practices Handbook Course (CPH), Trader Training Course (TTC) and/or the Derivatives Fundamentals Course (DFC) preferred
  • The ability to work independently and with other staff across functional lines within the Bank
  • In-depth knowledge of regulatory and compliance requirements
  • The ability to identify external market activity, news and additional factors that may influence trading activities
  • A comprehensive understanding of Financial Industry Regulatory Authority (FINRA) rules, as well as a sound understanding of US securities legislation applicable to trading activities and capital markets, Dodd-Frank Act, Volcker Rule and MiFID II or MAR
  • Proficiency in excel macros, custom coding and desktop tool building capabilities preferred but not required
  • Strong analytical and investigative skills and demonstrated ability to operate at a strategic level
  • Sound judgment in identifying risks in order to proactively escalate with relevant senior management
  • Excellent oral and written communication skills


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

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.


We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and their differences and similarities are embraced. Learn more here.


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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