Title:  Associate Director, Internal Controls, Global Banking and Markets - Toronto, ON

Requisition ID: 231327

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
As Associate Director, Internal Controls, you will provide strategic leadership and oversight of the Bank’s global voice and electronic communications monitoring program. This role is critical in ensuring compliance with internal policies and evolving regulatory expectations, while supporting regional Global Banking and Markets (GBM) teams with expert guidance and operational excellence.

What You’ll Do:

• Helps build the global enhancement of voice and e-communications controls and governance within GBM and establishes best practices for supervision (roll out of global training, new detection technology, coordination of global reviews of lexicons/scenarios/eligible employees for surveillance) while seeking input from multiple stakeholders. Foster an environment of collaboration and best practices with other SMEs within GBM.
• Work as part of the team providing subject matter expert on voice & e-Comms monitoring for GBM, and liaising with internal and external stakeholders as required.
• Proactively identify risks associated with the way GBM’s business communicates globally and take appropriate steps to ensure compliance with regulatory requirements and strengthen controls
• Identifies and creates global monitoring of supervisory activities for voice & e-Comms and supports the development of metrics that highlight the effectiveness of supervisory activities taking place.
• Liaise with senior management and other internal parties (audit/testing) regarding the development and implementation of new global supervision strategies.
• Participate in special projects within GBM and the Bank (Industry Working Groups).
• Help drive the development and adoption of conduct risk metrics across GBM by leveraging new and existing sources of data to create holistic conduct risk measures. Ensure standardization of metrics when appropriate to provide monitoring of the status of risk culture.
• Drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Builds and maintains key strategic relationships within various groups including support functions, technology groups and business lines to ensure alignment with the overall strategic plans of the Bank. Partners with business leaders, team members and other key stakeholders to plan, develop and manage key operational, technical and strategic business projects. In addition to internal stakeholders, there will be expectations to engage with external stakeholders such as regulators, appointed independent reviewers, product vendors etc.

What You'll Bring:

• Minimum 5–7 years of related industry experience in a supervisory or senior compliance role.
• Working knowledge of securities law, regulations, and trading rules.
• Working knowledge of capital markets and related business practices.
• Strong understanding of voice and e-Communications monitoring tools, regulatory frameworks, and supervisory practices.
• Ability to drive the development and adoption of conduct risk metrics by leveraging data to create holistic and standardized measures across GBM.
• Proven ability to build and maintain strategic relationships across business lines, support functions, and external stakeholders (e.g., regulators, independent reviewers, vendors).
• A customer-focused mindset with a commitment to deepening client relationships and driving a strong risk culture.
• Strong communication, collaboration, and project management skills, with the ability to influence and lead across global teams.
• Spanish language proficiency is considered an asset.

#LI-Onsite #GBM2025

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):  Canada : Ontario : Toronto 

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.