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Title:  Senior Manager, Compliance, Trade Surveillance

 

 

 

Requisition ID: 70392

 

Join the Global Community of Scotiabankers to help customers become better off.

 

 

 

Purpose

Responsible for managing a team of  Compliance Officers who perform surveillance, monitoring and testing of Fixed Income, Equities, Derivatives (Listed and OTC) and Foreign Exchange sales and trading activities conducted by Global Banking and Markets and Treasury and all divisions of Scotia Capital Inc. (the “Applicable Business lines”) for compliance with regulatory requirements. The surveillance program includes planning, scheduling, monitoring and reporting results to the Applicable Business Lines for daily, weekly and quarterly compliance testing.

 

Key Accountabilities

  • Maintains deep knowledge & understanding of industry issues and practices, regulatory requirements and associated changes.
  • Liaise and respond to regulatory inquiries as needed, and support Applicable Business Line leaders in management of same.
  • Leads a team of trade surveillance professionals, with oversight for the monitoring of the Applicable Business lines’ trading activities as required by governing regulatory bodies.
  • Supports the development of internal policies aligned with applicable industry regulations and reflective of rule changes from various regulatory bodies. Effect policy determinations and decisions within the strategic framework.
  • Identifies non-compliance situations and trends, and provides recommendations for remediation

 

Key Competencies

  • Current knowledge of securities regulations in Canada such as UMIR, National Instruments: 31-103, 23-101, 24-101, IIROC Dealer Member Rules, Anti-money laundering and privacy legislation.
  • At least 10 years of related experience at a major financial institution.
  • Should be extremely familiar with trading functionality.
  • Strong comprehension and use of automated surveillance systems.
  • Should be somewhat familiar with middle and back office processes.
  • Demonstrated ability to manage and mentor staff.
  • In-depth knowledge of the securities industry, regulatory and compliance requirements, along with the potential issues that may arise within the Applicable Business lines.
  • Experienced in the initiation, development and implementation of new policies and procedures.
  • Knowledgeable about industry practices regarding institutional and retail compliance matters

 

Educational Requirements

  • Post-Secondary education and/or professional designations.
  • Canadian Securities Course (CSC)
  • Conducts and Practices Handbook (CPH)
  • Trader’s Training Course (TTC)
  • Derivatives Fundamentals Course
  • Options Licensing Course
  • Futures Licensing Course

 

 

 

Location(s):  Canada : Ontario : Toronto 

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. 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.


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