Title:  Senior Analyst, Volcker and Regulatory Programs - Toronto

Requisition ID: 261669 

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

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
The Sr. Analyst, Volcker and Regulatory Programs contribute to the overall success of Global Operations by executing support and oversight to Local Sustainment Groups, ensuring full compliance, alignment, and consistency across BNS and International Banking. The Sr. Analyst, Volcker and Regulatory Programs also serve as the primary point of contact between Local Country Teams and Compliance and Enterprise Teams while driving and facilitating continuous improvement.

What You'll Do:

• Maintains awareness of local and global regulatory compliance requirements (e.g., Volcker Rule, etc.), emerging issues and trends, as well as keeping all stakeholders informed.
• Acts as liaison between the Enterprise and IB Groups and promotes knowledge of applicable regulatory standards, initial risks and best industry practices in all Countries/Business Units.
• Facilitates and follows up on the implementation of regulatory compliance programs/controls, procedures, and standards in collaboration with the Local Sustainment Groups, Internal Control, 2nd Line, and Business Functions as needed. Ensures alignment of regulatory operations with company-wide policies.
• Reports gaps, follow up on the corresponding remediation action plan escalated by Local Operations Teams and provides advice and counsel.
• Coordinates and reports on the progress of periodic activities and reviews of existing policies and procedures to ensure accuracy, effectiveness and efficiency. Ensure that the periodic reports are executed adequately within the regulatory deadlines.
• Understands how the Bank’s risk appetite and culture should be considered in day-to-day activities and decisions.
• Actively pursues 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.
• Champions a high-performance environment and contributes to an inclusive work environment.

What You'll Bring:

• Recognized degree in business, finance or another related field
• Bachelor’s degree or equivalent with a minimum of 3 years of relevant experience in financial services industry, managing large complex projects with significant Retail and non-Retail Banking, Capital Markets, Regulatory and operational components.
• Good knowledge of banking, operational risk, regulatory risk, compliance and regulatory requirements and internal control principles as well as good understanding of products, transactions, trading and operations in Capital Markets, Treasury, and Corporate and Commercial Banking
• Experience dealing with control functions such as risk management, taxation, audit, compliance, operations, or related areas.
• Ability to gain confidence and cooperation of business units and 2nd line functions while still retaining the independence and willingness to point out weaknesses.
• Good communication and presentation skills are essential to explain regulations and internal policy and procedure.
• Maintains awareness of and actively engages in activities across all business lines. Understands regulatory perspective on risk.
• High-performance standards, confidentiality, integrity, timelines and efficiency must always be maintained.
• Fluency in Spanish is required

Work Arrangement:
This position is currently a hybrid role, with the expectation that you will work 4 days a week in the office. Please note that this is subject to change based on the needs of the business.

I
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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.

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.