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Title:  Regulatory Obligations & Controls Manager




Requisition ID: 99792

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


In this role, you will assist the Head of U.S. Regulatory Controls Management (“Head”) and the Regulatory Obligations & Controls Coordinator in (i) the implementation of the U.S. Compliance Department’s process for maintaining its library of legal and regulatory obligations and inventory of associated controls, (ii) working closely with the relevant compliance advisory team(s) to update the department’s inventory of obligations and controls, (iii) supporting the U.S. point of contact for a global database that houses regulatory obligations and risk-related controls and (iv) supporting the regulatory change management function by assisting front, middle and back office functions in developing and maintaining appropriate regulatory risk-related controls. The role will entail substantial coordination with various business units, control functions and other teams within the Compliance function, such as the Compliance advisory teams.


Is this role right for you?


  • Assist with management of the U.S. Regulatory Library and Control Inventory, including implementing regulatory content solution, collaborating and coordinating with U.S. business line compliance officers and business line support personnel to periodically update the U.S. regulatory obligations and associated controls
  • Support the U.S. point-of-contact for Global Compliance initiatives as they impact the U.S. Regulatory Library and Controls inventory, including discussions relating to extraterritorial obligations and associated controls
  • Support Global Compliance project team in the continued enhancement of a global database that houses all regulatory requirements/obligations and risk-related controls applicable to the Bank’s U.S. operations
  • Assist the Global Compliance project team in developing processes, systems, and standards to map and update applicable legal & regulatory requirements/obligations to relevant policies and procedures and internal controls in accordance with U.S. regulatory expectations and business/control functions
  • Support implementation of a global, cross-divisional framework for identifying and tracking legal & regulatory requirements/obligations, policies and procedures, and related internal controls
  • Support Regulatory Controls Management team with continuous enhancement of regulatory change management framework for identifying legal and regulatory developments and changes to related policies and procedures and internal controls that may impact the Firm’s U.S. operations and coordinating change management processes to address such developments
  • Support Regulatory Controls Management team with compliance risk assessments and address inquiries relating to U.S. Regulatory Library and Controls Inventory
  • Assist in the development and implementation of necessary compliance policies, procedures, and related internal controls consistent with legislative and regulatory requirements/expectations, emerging trends, and industry best practices
  • Other duties and projects as may be assigned from time to time


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


  • A minimum of three years of compliance experience preferably with a major international banking organization with institutional trading & sales, investment banking, institutional broker dealer and FCM/swap dealer businesses.
  • A minimum of two years of experience establishing and maintaining appropriate standards for regulatory-risk related policies & procedures and related internal controls within the financial services industry.
  • A foundational understanding of applicable Federal and State laws applicable to non-US banks operating in the U.S., SEC registered broker-dealers, futures commission merchants, swap dealers and registered investment advisors.
  • Project Management Experience
  • Experience with GRC tools, including implementation, administrative and general user profiles, identifying design issues and escalating to relevant stakeholders
  • Strong analytical and investigative skills and demonstrated ability to operate at a strategic level
  • The ability to work independently; and effectively with senior management
  • Sound judgment in identifying risks in order to proactively escalate with relevant senior management
  • Outstanding written (drafting & editing) and spoken communication abilities
  • Excellent teamwork, interpersonal and conflict resolution skills
  • Highly organized and capable of dealing with multiple, complex projects simultaneously
  • Proficiency with standard computer applications including Word, Excel, and PowerPoint; willingness to take initiative and advance existing knowledge to apply applications to day-to-day responsibilities
  • BA or international equivalent required
  • The ability to deal with time sensitive requests, competing priorities and fluctuating email volumes
  • An ability to quickly review, assimilate, prioritize and make decisions
  • The ability to maintain high standards of performance, confidentiality, integrity, timeliness and efficiency at all times
  • The ability to work in a continually evolving discipline where expectations are constantly changing and expanding, necessitating an ability to stay informed of emerging issues and both innovative and critical thinking skills to foster a continuous improvement environment


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.

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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