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Title:  Senior Manager, Regulatory Relations

 

 

 

Requisition ID: 148655

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

 

The incumbent is responsible for supporting and coordinating supervisory exam management, continuous regulatory monitoring interactions, and reporting to internal Bank senior management and committees on regulatory topics. The role includes partnering closely with, and providing support, advice and guidance, to business unit and control function management to support their regulatory interactions. The role also provides oversight and monitoring of remediation commitments made by Scotiabank U.S. to its regulators and assists with the preparation of formal responses to regulatory letters and commitments.

 

 

 

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

 

 

 

  • Champions a customer focused culture to deepen regulatory relationships while leveraging broader Bank relationships, systems and knowledge:
  • Manages coordination of interactions with U.S. regulators, including but not limited to:
  • Providing U.S. oversight for regulatory examinations and be a central contact for regulators
  • Managing and coordinating events related to examinations and continuous monitoring, including negotiating scope and timing of reviews, monitoring and supporting delivery of requested information, and coordinating and attending regulatory meetings with control functions and business unit personnel
  • Collaborating with U.S. Business and Control Function Heads to provide guidance on regulatory matters and supporting their regulatory interactions
  • Developing presentations for senior management meetings with regulatory stakeholders and regular reporting on regulatory matters to senior bank stakeholders and committees
  • Drafting of regulatory responses in coordination with other senior stakeholders and management
  • Providing oversight, monitoring and tracking of remediation commitments made by Scotiabank to Regulators and assist with execution of U.S. regulatory governance forum
  • Overseeing centralized issue management systems and repository where documents are stored and previous examination memos and reports are archived
  • Ensuring timely submission of all requested daily, weekly and monthly reporting to our regulators
  • Identifying risks arising from interactions with regulators and escalating them as appropriate
  • Understand 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.
  • 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:
 

 

 

  • Bachelor’s degree. Master’s, MBA/JD a plus.
  • At least seven years of experience at a Financial Services Firm, Consulting Firm, or Regulatory agency such as the FRB, FINRA etc. or a similar position in the financial services industry/ regulatory background.
  • Prior consulting experience is a strong plus.
  • A detailed and in-depth understanding of financial markets, products and control functions.
  • Excellent written and oral communication, with strong presentation and interpersonal skills to effectively guide internal and external partners.
  • Attention to detail, strong planning and organization skills, with ability to multi task and manage changing priorities.
  • Ability to work independently with both regulatory staff and senior Bank personnel.
  • Strong Office productivity skills (MS PowerPoint, Word, Excel).

 

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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