Title:  Compliance Officer, Asset Management Compliance

Requisition ID: 226173

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

The Compliance Officer is responsible for supporting the Investment Counsel (PIC) division of1832 Asset Management L.P. and other various business units and entities within Scotiabank’s Asset Management divisions within Canada by providing compliance monitoring, direction and advice.

Is this role right for you? In this role, you will:

• Assist Compliance Manager in the creation, review, and maintenance of compliance policies, procedures, and reference materials to ensure adherence to regulatory standards. Support the implementation of new policies, ensuring they align with business objectives while meeting compliance obligations. Maintain a structured record of compliance policies and ensure timely updates in response to regulatory changes.
• Provide guidance and interpretation on regulatory rules, controls, policy exceptions, and compliance inquiries from business units. Act as a key resource for compliance-related issues, ensuring consistent application of policies across Private Investment Counsel operations. Collaborate with teams to ensure compliance efforts align with strategic business goals.
• Identify potential, actual, or perceived compliance risks, ensuring early intervention. Conduct inquiries and investigations into compliance concerns, documenting findings and recommending risk mitigation strategies. Work proactively to implement corrective measures and prevent regulatory breaches. 
• Develop, review, and maintain branch oversight reporting, ensuring alignment with regulatory requirements. Monitor compliance activities and escalate key findings to the Compliance Manager and Senior Manager. Conduct periodic testing and assessments to validate internal compliance controls and identify process improvements.
• Evaluate business requests related to Powers of Attorney, Seniors & Vulnerable clients, Estate disbursements, and assess compliance implications. Exercise sound judgment in moderately complex decisions and escalate more intricate cases to leadership. Ensure high-risk matters are addressed promptly and appropriately.
• Stay informed on compliance regulations, industry developments, and emerging best practices in Private Investment Counsel. Participate in ongoing learning and training to enhance expertise in regulatory frameworks and compliance trends.
• Collaborate with business units, compliance colleagues, and senior management to ensure seamless compliance operations. Support internal teams in compliance-related discussions, process enhancements, and regulatory interpretations. Strengthen relationships with key stakeholders, acting as a trusted compliance advisor.
• Identify areas for efficiency improvements within compliance processes, ensuring effectiveness while minimizing risk. Support testing initiatives to enhance workflow, reporting accuracy, and policy implementation. Participate in compliance-related projects, including cross-training and backup support for colleagues.

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

• Post-secondary education in a related discipline (business/economics/finance/mathematics) required, enrollment in the CFA program or Risk Management Designation is an asset.
  • Two (2) or more years of directly relevant investment industry compliance or related experience (e.g. trading, operations, sales, audit).
  • Experience working in a compliance function at a portfolio management or investment management firm
  • Successful completion of industry related courses such as the Canadian Securities Course, Conduct and Practices Handbook or Traders Training Course preferred
  • Knowledge and understanding of the securities industry, applicable Securities Acts, SRO Rules and relevant regulations.
  • Knowledge and understanding of financial advisory services, policy writing, procedures and compliance processes.
  • Pivot Tables, VLOOKUPs & Advanced Formulas – Strong Excel proficiency for report generation and data analysis.
  • Data Cleaning & Transformation with Large Datasets – Ability to structure and refine compliance data to ensure accuracy.
  • Macros & VBA (Optional but Beneficial) – Basic understanding of automation in reporting workflows.
  • SQL or Relational Database Management Systems – Experience with database query structures to support
  compliance reporting.

What’s in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.

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.