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Title:  Senior Manager, Enterprise Regulatory Programs

 

 

 

Requisition ID: 90782

 

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

 

 

Purpose


The Senior Manager contributes to the overall success of the Enterprise Regulatory Programs, by ensuring specific individual goals, plans, initiatives are executed and delivered in support of the team’s business strategies and objectives.  In particular, the Senior Manager will pursue successful adherence by business lines to the Enterprise Volcker Compliance program requirements, by building strategic relationships with key Volcker stakeholders across the Enterprise.  The Senior Manager ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.  The incumbent must be a dedicated leader with a passion for employee development and a strong background of cross-functional collaboration.

 

Accountabilities

 

• Provides advice to business line 1Bs, Compliance and other relevant stakeholders on the Volcker Rule Compliance Program and compliance obligations under the Volcker rule generally, as well as on specific topics, including covered funds and proprietary trading desk requirements.

• Provides oversight and guidance during the annual Business Line and Enterprise Volcker Program Status Update process, prepares and updates training materials, reviews internal controls and desk documentation, and facilitates recordkeeping and other responsibilities of the Enterprise Regulatory Programs team.

• Ensures Enterprise processes/procedures, including the Volcker Program Status Update, Volcker Training, Breach Management, Internal Controls, Desk Change Management, are facilitated across the enterprise, and associated Enterprise Volcker Compliance Program responsibilities are fulfilled.

• Assists with team responsibilities in relation to other regulatory initiatives under the purview of the Enterprise Regulatory Programs (“Enterprise Initiatives”).

• Drafts, reviews and updates policies and procedures, training materials, presentations, procedures, and other documentation in relation to the Enterprise Volcker Compliance Program and other Enterprise Initiatives.

• Builds effective working relationships and work collaboratively with business management, first line of defense (1B teams), risk, and other stakeholders on BAU regulatory initiatives including the Volcker Rule.

• Performs responsibilities under and otherwise facilitate adherence across the Enterprise to standards, processes and other governance requirements for Enterprise Initiatives, as applicable.

• In conjunction with the Director and the Manager, enhances the Enterprise Volcker Target Operating Model on an ongoing basis by reviewing and updating Volcker processes, documentation and processes.

• Supports and develops a high-performing team by focusing on coaching, new skill development, sharing of knowledge among team members and fostering and promoting a positive team spirit.

• Responds to testing, audit or regulatory inquiries or findings and facilitates remediation of any identified deficiencies of the Enterprise Regulatory Programs with respect to the Volcker Compliance Program or other Enterprise Initiatives.

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

• Demonstrates superior management skills and supervisory experience in effectively coordinating the work of others.

• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Enterprise Volcker Compliance Manual, Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Code of Conduct.

• Champion a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team

 

Education and Experience:

BA or Postgraduate degree or LL.B  with a minimum of 5 years of relevant combined experience in Compliance, Legal or other Control Functions (Audit, Risk, etc.), with the following skills and attributes:
• Experience in interpreting regulatory rules is an asset.
• A strong understanding of financial markets products across multiple asset classes.
• A strong understanding of the Volcker Rule is an asset.
• Experience with Microsoft Word/Excel and PowerPoint is an asset.
• Excellent written and verbal communications skills
• Strong analytical and investigative skills.
• Excellent leadership, teamwork, organizational and interpersonal skills.
• Ability to manage multiple compliance initiatives concurrently and meet deadlines under pressure.
• Flexibility to work on a variety of different tasks independently and with limited supervision.

 

Working Conditions


• Work in a standard office-based environment; non-standard hours are a common occurrence.

 

 

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. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.

 

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.