Title:  Senior Manager, Regulatory Relations

Requisition ID: 225409  


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

The incumbent is responsible for supporting and coordinating supervisory exam management, continuous regulatory monitoring interactions, and reporting to internal Bank senior management and committees on regulatory topics. The role includes partnering closely with, and providing support, advice and guidance, to business units and control function management to support their regulatory interactions. The role also provides oversight and monitoring of remediation commitments made by Scotiabank to its regulators and assists with the preparation of formal responses to regulatory letters and commitments.

Is This Role Right for You? In this role, you will:
• Champion a customer focused culture to deepen regulatory relationships while leveraging broader Bank relationships, systems and knowledge:
• Manage coordination of interactions with regulators, including but not limited to:
   - Provide oversight on regulatory examinations and be a central contact for regulators
   - Manage and coordinate events related to examinations and continuous monitoring, including to negotiate scope and
timing of reviews, monitor and support delivery of requested information, and coordinate and attend regulatory meetings with control functions and business unit personnel
   - Collaborate with Business and Control Function Heads to provide guidance on regulatory matters and support their regulatory interactions
   - Develop presentations for senior management meetings with regulatory stakeholders and regular reporting on regulatory matters to senior bank stakeholders and committees
   - Draft regulatory responses in coordination with other senior stakeholders and management
   - Ensure timely submission of all requested daily, weekly and monthly reporting to our regulators
   - Identify risks arising from interactions with regulators and escalates them as appropriate
   - Provide oversight, monitors and tracks remediation commitments made by Scotiabank to Regulators

Do You Have the Skills?
• Bachelor’s degree. Master’s, MBA a plus.
• Seven plus years of experience at a Financial Services Firm, Consulting Firm, or Regulatory agency such as OSFI, FCAC, FRB, etc. or a similar position in the financial services industry/ regulatory background.
• Detailed and in-depth understanding of financial markets, products and control functions.
• Excellent written and oral communication, with strong presentation and interpersonal skills to effectively guide internal and external partners.
• Attention to detail, strong planning and organization skills, with ability to multitask and manage changing priorities.
• Ability to work independently with both regulatory staff and senior Bank personnel.
• Strong analytical and technical skills (PowerBI).
• Strong Office productivity skills (MS PowerPoint, Word, Excel).

What’s In It for You?
Work in a standard office-based environment; non-standard hours are a common occurrence. The workload is demanding, subject to frequent time pressure with a steady flow of project delivery commitments, both internal and external, which carry specific deadlines. Workload is subject to continual prioritization due to changes of incoming requests

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.

Note: All postings in me@Scotiabank will remain live for a minimum of 5 days.