Title:  Manager, Regulatory Reporting - Finance

Requisition ID: 271256 

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

Purpose

Contributes to the overall success of the Regulatory Reporting, Global Finance in Canada ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensure all activities conducted are in-compliance with governing regulations, internal policies and procedures.

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

• Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Regulatory Reporting
• Prepare and review assigned returns for the Bank as well as the assigned subsidiaries
• Provide effective governance including accurate and timely filing of all financial reports with the Regulators (e.g., OSFI, Bank of Canada, Statistics Canada, CDIC, AMF, FED, SEC, DTCC) and keeping abreast of regulatory changes.
• Analyze reports with large data sets to identify patterns, trends, insights and work with cross-functional teams in documenting the business rational for variances above the thresholds; proactively resolve any problems and provide explanations to Senior Managers where appropriate.
• Interpret and implement new reporting requirements and manage the implementation of system and procedural changes to ensure compliance with new regulatory requirements.
• Prepare and maintain process documentation and operational guidance for the assigned returns.
• Work with internal control testing team/internal audit to coordinate and complete the testing requirements by participating in the walkthrough meetings, follow-up meetings and provide requested artifacts where applicable.
• Work collaboratively and coach/mentor team-members to ensure knowledge sharing, best practices and process improvements.

• Accounting and Other Initiatives
  • Participate, as required, in accounting and other initiatives impacting financial regulatory filings, including new or enhanced systems, changes in accounting standards, new products or acquisitions and disposals; perform regulatory tree review/update and review CRFs to assess impact on regulatory reporting, as assigned.

• Change Management:
  • Embrace and drive change as required; identify opportunities to improve efficiency and propose changes to Senior Manager /Director.

• Other projects and initiatives as required.
  • Manage ad- hoc projects as assigned by Senior Manager/Director or other areas in the group.

• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursue effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Champion a high-performance environment and contributes to an inclusive work environment.

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

• Bachelor’s degree in Accounting, Finance or a related field
• CPA/CFA certification is an asset
• 3+ years of progressive experience in Finance operations or accounting roles
• Experience or knowledge of loyalty program financial structure is a plus
• Excellent analytical skills, passion for accuracy, attention to detail and problem-solving abilities
• Effective communication and interpersonal skills to collaborate with cross-functional teams and present financial information clearly
• Strategic thinking, curiosity, communication, results-orientation, leadership skills 
• Advanced skills in Microsoft Excel, PowerPoint, Alteryx and PowerBI
• SQL/Excel VBA is an asset

What’s in it for you?

• The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
• A rewarding career path with diverse opportunities for professional development.
• Internal development to support your growth and enhance your skills.
• An organization committed to making a difference in our communities– for you and our customers.
• We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!

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.