Scotiabank

Director, Sales and Trading Regulatory and Supervisory Product Manager

Scotiabank$185K — $310K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • FINRA Series 7, 24, 63 certification required
  • 15 years of experience in Equities, specializing in Electronic Trading
  • 15 years of experience in Compliance Advisory

Responsibilities

  • Champion a customer-focused culture to deepen client relationships
  • Enhance the operating model for Sales and Trading obligations and technical requirements
  • Provide subject matter expertise for drafting and implementing the Global Algo Policy
  • Review and propose improvements to business frameworks based on regulatory obligations
  • Act as a central liaison for regulatory changes, ensuring clear communication across teams
  • Interface with regulators, internal audit, and compliance teams as a Subject Matter Expert
  • Oversee vendor relationships, ensuring compliance and performance standards are met

Benefits

  • Flexible benefit programs to support diverse health needs
  • Focus on holistic well-being for employees and their families
  • Inclusive work environment that promotes high performance
Full Job Description
Requisition ID: 268409

Salary Range: 185,400.00 - 310,600.00

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate's relevant knowledge, skills, and experience.

Purpose

Own and drive regulatory and supervisory product development for Sales and Trading products across Capital Markets. Design business activities to be compliant with existing and emerging regulations. Build, create, and enhance processes that will be directly leveraged to drive business in well-controlled and sustainable manner. Create efficiencies thereby creating bandwidth and directly driving revenue generation within sales and trading desks. Act as first line accountable owner for related activities as specifically required by US regulators. Drive the design and execution of the firm's growing regulatory activities related to the Capital Markets sales and trading franchise to ensure effective implementation, sustainability, and oversight.

What You'll Do

  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Evolve and enhance current operating model within the bank for the management of Sales and Trading obligations and their related technical requirements.
  • Provide first line subject matter expertise as it relates to drafting and implementation of the firm's Global Algo Policy, which will create new requirements across regions and products.
  • Review/maintain/update the firm's implementation of existing obligation to establish potential regulatory impact; propose business framework improvements and business requirements; drive pragmatic changes.
  • Act as subject matter expert for first line regarding regulatory change and guidance, analyzing communications and policies, and corresponding impact to processes and workflows.
  • Act as a central point of contact and trusted 'go to' liaison on behalf of the first line, informing compliance and technology to ensure all teams have an accurate understanding of current, pending, and proposed regulatory developments as they arise and leverage technology to reduce inefficiencies.
  • Interface with domestic and global regulators, internal audit, compliance advisory, business risk management, technology, and COO teams and other functions as Scotia SME who can speak to our processes and platforms with authority. Provide a central point of coordination for corresponding examinations and inquiries.
  • Oversee vendor relationships by managing onboarding, performance monitoring, and compliance with contractual obligations; conduct thorough contract reviews to ensure alignment with regulatory requirements, risk standards, and business objectives.
  • Assume first line ownership of development of project plans and implementation/execution of all business remediation actions as required.
  • Provide input and first line SME into development of the firm's desk policies, procedures and WSPs related to Capital Markets.
  • Understand 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 in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
  • Champion a high performance environment and contributes to an inclusive work environment.

What You'll Bring

  • FINRA Series 7, 24, 63
  • 15 years of experience in Equities specializing in Electronic Trading
  • 15 years experience in Compliance Advisory


Interested?

If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

What's in it for you?

Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

#GBM

Location(s): United States : Texas : Dallas || United States : New York : New York City

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
5 Year Trend
+7%
NASDAQ

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