Title:  Senior Manager, International Compliance

Requisition ID: 245443  

We are committed to investing in our employees and helping you continue your career at Scotiabank. 

The position manages key relationships, helping ensure business strategies, plans and initiatives are executed and delivered in accordance with governing regulations the Bank’s internal policies, standards, procedures, and with Scotiabank’s ethical conduct standards.

Is This Role Right for You? In this role, you will:

• Responsible for the Compliance Issues management oversight for Regulatory, Audit, Testing and CRCA Issues and reporting of fines and penalties; monitor status updates to ensure closure packages are delivered according to expected resolution dates.
• Manage the ongoing Audit Compliance interactions, ensuring to escalate relevant issues/concerns to the IB Compliance team and local Compliance teams, when applicable.
• Manage the oversight template for International Compliance activities including creation and updates of process flows and IB SharePoint.
• Support the Risk Assessments ongoing exercises (CRCA, TPRM, NIRAs, etc) when applicable.
• Provide input for International Compliance Issues Management report including status updates for various committee meetings including status of regulatory examinations and metrics and KRI’s reporting.
• Provide oversight and guidance to IB Compliance in-country partners specific to Global Compliance Program pillars such as Issues Management, Regulatory Obligations, Monitoring and Risks Assessments, particularly where issues are raised in regulatory and audit reports and oversee corrective measures.
• Collaborate with stakeholders such as the International Compliance team; local Compliance; Corporate Functions (CF), GWM, GBM&T, CB Compliance teams; and Enterprise Programs Compliance teams to ensure Scotiabank Global Compliance has a coordinated, efficient, and effective Compliance Program in International.
• Identify, assess, communicate, and mitigate Compliance risks, maintain oversight and awareness of applicable regulations, and provide advice and guidance to local Compliance and Internal Control stakeholders, particularly where issues are raised in regulatory and audit reports and oversee corrective measures.
• Participate in an environment in which his/her team 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 regulatory compliance risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, Privacy Risk Framework, and the Code of Conduct.
• Develop, implement, and maintain applicable global frameworks and standards, policies, procedures, and related documentation relevant to International Compliance.
• Understand how the Bank’s risk appetite should be considered in day-to-day activities, measured, monitored, and reported.
• Develop and/or support ad-hoc or relevant internal and external events, forums, initiatives, committees, and other key meetings
• Have the ability to work independently, demonstrate good judgement, confidence to make strategic decisions and balance multiple initiatives with minimal executive intervention
• Demonstrate success in working in virtual teams and across jurisdictions and functional areas.
• Have forward-looking orientation and bias towards action.
• Focus on advice and counsel, proactive action and problem resolution as compliance risk failures can attract heavy costs and penalties, including reputational damages.
• Have the ability to gather, analyze, organize, document and present large volumes of information in a succinct and organized manner.

Do You Have the Skills?

• Post-secondary education with relevant experience in the financial services industry, preferably within a CF, business line, regulatory compliance, operations, technology, audit, or risk management function.
• Ability to work in a high performing, flexible team environment across multiple jurisdictions.
• Strong knowledge of banking regulations, products & services, technology, and operations with a general understanding of different legal systems applicable to the jurisdictions the Bank operates in. 
• Strong analytical and communication skills, and results orientated, and data driven approach in decision making.
• Experience with providing insights to and interacting with the CFs/business lines.
• Ability to positively influence senior management in order to successfully implement and maintain program.
• Experience using analytics to identify areas of risk and opportunities for improvement.
• Strong knowledge of Microsoft applications (including Word, Excel, and Power Points) and Power BI.

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.

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