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Title:  Manager, Regulatory Reporting




Requisition ID: 153935

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


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). The Manager, Regulatory Reporting must ensure all activities conducted are in compliance with governing regulations, internal policies and procedures.




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



  • 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...).
  • Working knowledge of the reporting tool used by the department to produce the regulatory filings
  • Understand and interpret different types of transactions for compliance with U.S. GAAP and regulatory reporting instructions.
  • Identify key control points and evaluate monitoring controls.
  • Update procedures and other documentations including process flows and risk control matrices.
  • Capture and assess control issues and reporting deficiencies
  • Recommend and implement, as feasible, improvements to process and controls and reporting based on testing results by Internal Audit, Quality Assurance team, and external regulators
  • Ensure understanding of current finance and regulatory reporting risks that may impact specific reporting
  • Assist in the data collection and dashboards for financial and regulatory reporting metrics
  • Continuously enhance and drive first line ownership and accountability of the accuracy of Critical Data Elements (CDEs) used for Regulatory Reporting
  • Collaborate with various stakeholders across business and functional areas of the Bank (e.g. Operations, Treasury, Finance, IT, Product Control, Credit Risk) to interpret, operationalize and implement new regulatory reporting requirements and instructions.
  • Contribute to the effective governance framework around the reporting process to ensure data quality, integrity and accuracy of reports.
  • Assist in the development and/or updating materials to train internal stakeholders as needed, in the interpretation of FRB regulations.
  • Attends required Finance, US GAAP/IFRS, Regulatory, and any mandatory compliance training
  • Participate in any required Axiom end-to-end UAT testing
  • 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 judgment, and self-direction in meeting objectives and solving problems
  • Understand how the foreign banking organization’s combined U.S. operations and its legal entities’ risk appetite and risk culture should be considered in day-to-day activities and decisions.


Bank mandate

  • 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 and its Code of Conduct.
  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Champions a high-performance environment and contributes to an inclusive work environment.



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


  • 8-10+ years in Financial and Regulatory Reporting at a large and complex banking organization or consulting firm
  • Experience working for a large international bank
  • Strong understanding of financial and reporting requirements in the U.S.
  • Strong understanding of bank and capital markets products
  • Strong accounting and regulatory reporting background
  • Proficient knowledge on applicable internal controls
  • Fluent in use of Microsoft suite of applications; proficient with Excel and formulas
  • Able to work effectively in a dynamically changing environment
  • Strong written and verbal communication skills including presentation skills to senior management
  • Fluent in U.S. GAAP and reporting instructions
  • Bachelor of Science in Accounting, Finance or equivalent
  • CPA preferred; MBA a plus


Working Conditions

  • The position reports directly to the Senior Manager, Regulatory Reporting
  • Currently under a hybrid working environment (Remote and in Office)
  • Remote environment should have proper connectivity
  • Longer hours are typically common during quarter-ends



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.

Nearest Major Market: New York City

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