Title:  Manager, Markets Compliance Officer

Requisition ID: 198261

 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
 

Contributes to the overall success of the Equities and Fixed Income, Currencies & Commodities (FICC) sales and trading businesses in the U.S. ensuring specific individual goals, plans, initiatives are executed / delivered in support of the Bank’s business strategies and objectives. Assist in providing advice on compliance with governing regulations and Bank internal policies and procedures.

What You’ll Do    

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Provide primary compliance support for U.S. Treasury Auctions. 
• Assist with advice on the application of laws, rules, and regulations for Equities and FICC securities trading and sales businesses, as well as internal policies and procedures.  
• Prepare materials for relevant business forums and internal meetings and participate in the meetings as assigned.  
• Assist with online and in-person compliance training for sales and trading staff and related support personnel.  
• Review and provide comments to relevant business and compliance policies and procedures to make sure they reflect current practices and address regulatory requirements.   
• Participate in the effective challenge of compliance risk assessments for Equities & FICC businesses, and adequately document the rationale for Compliance’s view.
• Assist with the investigation of trade or communication alerts escalated by Surveillance or Internal Control. 
• Assist in the investigation and drafting of responses to regulatory inquiries by obtaining requested trading data, analyzing any potential compliance issues identified, and preparing a draft of a written response. 
• Assist in preparing responses to requests received during regulatory examinations by obtaining relevant data and records.
• Conduct assigned monitoring and compliance processes in accordance with written compliance procedures and evidence completion of tasks.
• Assist in the execution of action plans for Internal Audit and Compliance Testing findings assigned to Compliance to adequately address deficiencies and facilitate timely issue closure.  
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursue effective and efficient operation of assigned responsibilities in accordance with Scotiabank’s Code of Conduct, and relevant Bank policies, 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. 
• Champion a high-performance environment and contribute to an inclusive work environment.

What You’ll Bring 

• A minimum of 2-3 years of compliance experience. Experience providing compliance support to a FICC and/or Equities sales and trading operation a plus but not required.
• Familiarity with relevant SEC and FINRA rules and regulations and securities trading.  
• Experience working with and analyzing data.
• Detail-oriented and able to manage multiple assigned projects and priorities. 
• Strong organizational, communication (oral and written), and interpersonal skills required.
• Bachelor's degree required.  Post graduate degree (JD or MBA) a plus but not required.
• FINRA General Securities Representative qualification (SIE & Series 7) or ability to obtain the qualification after hiring. 

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 : 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.