Title:  Senior Manager, Markets Advisory & Governance - GBM Compliance

Requisition ID: 258327 

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

Purpose

We are seeking a highly experience and knowledgeable Senior Manager to become a member of a world class Advisory Compliance team.  This role is critical in ensuring Global Capital Markets sales and trading businesses compliance with applicable regulatory requirements. The successful candidate will serve as a subject matter expert (SME) related to regulatory compliance, control framework and firm governance.

Accountabilities

• Participates as part of a world class Advisory team and program that delivers consistently efficient and effective compliance support to Global Capital Markets and supports the Director, Advisory - GBM and provides ongoing counsel and advice in all Canadian trading related compliance matters for Global Capital Markets.
• Develops and delivers annual, periodic and ad hoc compliance and related risk management training, education and awareness initiatives to the appropriate internal stakeholders and business divisions.
• Collaborate with partners across Enterprise Compliance and other Scotia Functional teams to interpret program requirements and local jurisdictional differences, share best practices and identify and evaluate relevant risks and controls.
• Leverage specialized subject matter expertise to ensure the advisory team provides timely, cost-effective and innovative solutions to help improve risk management processes, procedures and controls
• Advise Director, Advisory and Senior Leaders on significant or pervasive areas of emerging regulatory compliance risk and/or issues. Ensure the team proactively identifies root causes, assesses implications and recommends and tracks corrective actions.
• Provide oversight of a newly established Markets Advisory framework, supported by documented procedures and a defined workflow, to ensure a consistent approach across the team in evidencing credible challenge from a Regulatory Management perspective.
• Lead and develop a Markets Advisory policy framework governing Compliance‑owned policies, procedures, and communications, to ensure broad awareness, adherence to internal requirements, and effective recordkeeping.
• Collaborate with Legal, Risk, and Audit teams to ensure a cohesive approach to regulatory compliance.
• Participate in industry working groups and maintain strong relationships with regulatory bodies and peer institutions.

• Assist and provide guidance when responding to regulatory and internal audit inquiries, which includes gathering documents and/or data extracts.
• Assist in conducting effectiveness testing of supervision related processes and controls.
• 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 Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

Education / Experience

• Post-Secondary education and/or professional designations.
• A minimum of 5-10 years of relevant experience in a large financial institution or established securities or other financial services activity regulatory agency.
• An excellent understanding of OFSI E13, CIRO Rules (UMIR and IDPC) and related National Instruments.
• Advanced understanding of institutional equity, fixed income and/or derivatives trading (listed derivatives), including hedging and other sophisticated trading strategies.
• General understanding of Canadian regulatory and industry trends related the skills to translate requirements into efficient and effective, policies, procedures, controls, systems and training
• An enquiring mind, excellent judgment, strategic thinking skills and attention to detail.
• Fluent oral and written communication skills.
• Strong analytical and investigative skills and demonstrated ability to operate at a strategic level.
• Sound judgment in identifying risks in order to proactively escalate with relevant senior management.
• Able to work independently and with other staff across functional lines within the Bank.

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.