Scotiabank

Manager, Governance and Reporting Controls (GWO)

Scotiabank • $90K — $120K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • University degree or equivalent post-secondary education.
  • 3-5 years of experience in financial services, regulatory operations, compliance, governance, tax operations, or a related control function.
  • Demonstrated knowledge of FATCA and CRS regulatory requirements and documentation standards.
  • Experience interpreting regulatory guidance and translating requirements into business procedures.
  • Experience preparing regulatory gap analyses and executive reporting materials.
  • Working knowledge of AML, KYC, and operational risk controls within a financial institution.
  • Experience collaborating with business and technology partners on regulatory initiatives.

Responsibilities

  • Support governance and control framework for FATCA and CRS reporting.
  • Provide expertise on FATCA and CRS compliance, aligning activities with regulations.
  • Deliver initiatives to support Client Tax Operations priorities and business objectives.
  • Strengthen documentation and reporting practices for FATCA and CRS programs.
  • Apply risk management practices in line with the Bank's risk culture.
  • Engage with regulators to advocate Scotiabank's compliance positions.
  • Track and escalate risks, recommending mitigation plans.

Benefits

  • Professional development opportunities within a rewarding career path.
  • A competitive rewards program including bonuses and flexible vacation.
  • Comprehensive benefits starting on your first day of employment.
  • Commitment to diversity, equity, inclusion, and allyship within the workplace.
  • Accessibility and workplace accommodations to foster an inclusive environment.
Full Job Description
Requisition ID: 268207
Employee Referral Program - Potential Reward: $2,000.00

The Role

As Manager, Governance and Reporting Controls, you will play a key role in supporting the Client Tax Operations Centre of Excellence by overseeing governance, controls, documentation, and reporting activities related to Scotiabank's FATCA and Common Reporting Standard (CRS) programs. This role offers the opportunity to apply regulatory expertise, strengthen enterprise-wide control practices, and partner with business lines to support compliant, consistent, and effective execution of global tax reporting requirements.

  • Support the Senior Manager in delivering a strong governance and control framework for FATCA and CRS reporting programs.
  • Provide subject matter expertise on FATCA and CRS requirements, ensuring activities and recommendations align with applicable regulations, internal policies, and procedures.
  • Contribute to the successful execution of Client Tax Operations Centre of Excellence priorities by delivering assigned initiatives in support of business strategies and objectives.
  • Strengthen controls, documentation, and reporting practices for the global FATCA and CRS programs.
  • Apply sound risk management practices in alignment with the Bank's risk culture, risk appetite, and control expectations.
  • Promote consistent understanding of risk expectations across teams and business partners.
  • Provide support to other areas within the Client Tax Operations Centre of Excellence as required.


Is this role right for you? In this role, you will:

  • Own the delivery, execution, and ongoing maintenance of FATCA and CRS reporting controls and supporting documentation.
  • Identify opportunities to improve operational efficiency while maintaining strong business controls and meeting regulatory compliance expectations.


Review and Interpret FATCA and CRS Guidance
  • Monitor, review, and interpret updates to FATCA and CRS regulations and guidance issued by regulators, news sources, and industry bodies; assess impacts on Scotiabank's documentation and due diligence processes.
  • Engage with local regulators, including the Canada Revenue Agency and Ministry of Finance, to support Scotiabank's position when new or revised guidance is introduced.
  • Participate in industry discussions to help benchmark Scotiabank's regulatory approach against financial industry practices.
  • Prepare gap analyses for business lines when revised regulations or guidance are released by local regulators.
  • Partner with business lines to provide direction and oversight on the implementation of revised regulatory requirements.
  • Provide guidance to business lines, technology partners, and team members to ensure regulatory changes are implemented effectively, including related design, development, and documentation activities.
  • Track milestones, identify and escalate risks or issues, and recommend mitigation plans where required.
  • Prepare and coordinate executive dashboards, reporting materials, and program status updates on both scheduled and ad hoc timelines.
  • Provide subject matter expertise to support the design and delivery of FATCA and CRS training materials.


FATCA and CRS Documentation Management
  • Lead change management activities, including communications related to updates or changes to foundational documentation.
  • Review business line processes and procedures to confirm alignment with regulatory and compliance requirements.


Dimensions
  • Work with senior business leaders to support alignment with applicable FATCA and CRS regulatory requirements.
  • Provide regulatory oversight and support to business lines across the enterprise, including Canadian Banking, Global Wealth Management, Global Banking and Markets, Tangerine, MD Financial Management, Jarislowsky Fraser, and international banking countries.
  • Support alignment of business activities with enterprise frameworks and external regulatory requirements.
  • Support adherence to AML and KYC policies as they relate to FATCA and CRS obligations.
  • Represent Scotiabank and the Client Tax Operations Centre of Excellence in internal audits related to regulatory operations.
  • Represent Scotiabank in industry and regulatory committees, including forums with the Investment Industry Association of Canada and the Ministry of Finance.


Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
  • University degree or equivalent post-secondary education.
  • 3-5 years of experience in financial services, regulatory operations, compliance, governance, tax operations, or a related control function.
  • Demonstrated knowledge of FATCA and CRS regulatory requirements, reporting obligations, documentation standards, and due diligence processes.
  • Experience interpreting regulatory guidance and translating requirements into business procedures, controls, documentation, or reporting processes.
  • Experience preparing regulatory gap analyses, executive reporting, status updates, dashboards, or program documentation.
  • Working knowledge of AML, KYC, regulatory compliance, governance frameworks, or operational risk controls within a financial institution.
  • Experience working with business, compliance, operations, technology, or audit partners on regulatory or control-related initiatives.


Working Conditions
  • This role involves regular review of regulatory materials, industry updates, project documentation, spreadsheets, reports, and executive-level status updates.
  • The role may require managing multiple priorities, time-sensitive deliverables, and evolving regulatory or operational requirements.
  • Priorities may shift as new initiatives, regulatory updates, or business needs emerge within the Client Tax Operations Centre of Excellence.


What's in it for you?

  • A rewarding career path with diverse opportunities for professional development
  • An organization committed to making a difference in our communities - for you and our customers.
  • A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
  • Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
  • Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.


Location(s): Canada : Ontario : Toronto

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
Finance & Insurance
5 Year Trend
+7%
NASDAQ
BNS
* Ladders Estimates

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