Title:  Compliance Officer, Compliance Control Room, GBM&T Compliance, Canada

Requisition ID: 269393 

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

The Compliance Officer contributes to the overall success of the Global Control Room team, ensuring specific goals, plans and initiatives are delivered in support of the team’s business strategies and objectives, while ensuring that all activities are conducted in compliance with governing regulations, internal policies and procedures.

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

• Be responsible for administering compliance programs with respect to the use of confidential and material non-public information (MNPI): list maintenance, wall crossing, conflict management, research disclosures, regulatory requests and securities aggregation.
• Manage and resolve conflicts of interest between various business groups including Investment Banking, Corporate Banking, Equity Capital Markets, Debt Capital Markets and Research, using trading/research restrictions and information boxes (as needed).
• Maintain and update deal records on all transactions submitted to the Global Control Room including amendments to watch/restricted lists using the most accurate information.
• Appropriately apply the Bank’s Information Barriers policy during the lifecycle of the deal, and in ad-hoc situations (i.e., wall crossings, deal tree separation, etc.). 
• Review and pre-clear trade requests from relevant business groups including Equity Derivatives Trading, Prime Services, and Treasury/Pension Groups based on securities aggregation data and systems.
• Perform chaperoning duties by enforcing the Information Barrier rules and regulations to ensure the independence of Equity Research.  Any interactions between Investment Banking and Equity Research will be facilitated using appropriately chaperoned emails, meetings and calls.
• Operate with the Bank’s risk appetite in mind to effectively manage the impact on Research. This includes reviewing notes prior to publication, prohibiting publication when necessary, conducting safe harbour analysis, and updating research disclosures on the Research platform.
• Assist in the preparation of responses to inquiries from regulatory bodies as they relate to Control Room functions.
• Assist the Control Room Management in the development of internal policies and procedures to enhance the effectiveness of program delivery and reflect changes in regulatory requirements.
• Collaborate with managers, business analysts, and developers to drive the delivery of new technology projects. Contribute to the delivery and implementation of new technology by facilitating and performing end-user testing, data validation and normalization, end-user procedures, aids and training materials, and consideration of all key aspects of the project.

Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:

• Post-secondary education and/or professional designations
• A minimum of 1-3 years of relevant experience in an institutional business or compliance setting in a large financial institution, established securities dealer or regulatory agency.
• Knowledge of industry practices regarding institutional compliance matters.
• Effective communication skills, both oral and written.
• An enquiring mind, sound judgment and a strategic thinker who can, when appropriate, be tactical and pragmatic.
• Ability to learn, adapt and remain resilient in a dynamic regulatory and business environment.
• Comfort with using Microsoft applications (including Word, Excel and PowerPoint) and Bloomberg would be an asset.
• Strong analytical skills.
• Capable of simultaneously handling multiple tasks and meeting stringent deadlines.
• Self-motivated, confident and capable of working both independently and in a team environment.
• High level of integrity.
• An understanding of the Investment Industry Regulatory Organization of Canada (IIROC) rules and FINRA rules is an asset, as is an understanding of Canadian securities and banking legislation.

What's in it for you?

• Champion a high-performance environment and contribute to an inclusive work environment.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• A competitive compensation and comprehensive benefits plan.
• An organization committed to making a difference in our communities - for you and our customers.
• You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

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.