Scotiabank

Manager, Regulatory Reporting - Finance

Scotiabank$90K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance or related field
  • CPA/CFA certification is an asset
  • 3+ years of experience in Finance operations or accounting roles
  • Familiarity with loyalty program financial structures is a plus
  • Strong analytical skills with attention to detail
  • Effective communication and collaboration skills
  • Advanced proficiency in Microsoft Excel, PowerPoint, Alteryx, PowerBI, and SQL/Excel VBA is an asset

Responsibilities

  • Champion a customer-focused culture to deepen client relationships
  • Prepare and review assigned regulatory returns for the Bank and subsidiaries
  • Ensure timely and accurate regulatory filings with multiple agencies
  • Analyze large data sets to identify trends and resolve variances
  • Implement new reporting requirements and manage procedural changes
  • Document processes and operational guidelines for assigned returns
  • Participate in accounting initiatives affecting financial regulatory filings
  • Drive change and propose improvements to enhance efficiency
  • Manage ad-hoc projects as assigned

Benefits

  • Opportunity to join a forward-thinking company with a collaborative team
  • Diverse opportunities for professional development
  • Internal development programs to enhance skills
  • Commitment to making a difference in communities
  • Inclusive and collaborative work environment that encourages creativity
Full Job Description
Requisition ID: 271256

Purpose

Contributes to the overall success of the Regulatory Reporting, Global Finance in Canada ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensure all activities conducted are in-compliance with governing regulations, internal policies and procedures.

Is this role right for you? In this role you will:
  • Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Regulatory Reporting
  • Prepare and review assigned returns for the Bank as well as the assigned subsidiaries
  • Provide effective governance including accurate and timely filing of all financial reports with the Regulators (e.g., OSFI, Bank of Canada, Statistics Canada, CDIC, AMF, FED, SEC, DTCC) and keeping abreast of regulatory changes.
  • Analyze reports with large data sets to identify patterns, trends, insights and work with cross-functional teams in documenting the business rational for variances above the thresholds; proactively resolve any problems and provide explanations to Senior Managers where appropriate.
  • Interpret and implement new reporting requirements and manage the implementation of system and procedural changes to ensure compliance with new regulatory requirements.
  • Prepare and maintain process documentation and operational guidance for the assigned returns.
  • Work with internal control testing team/internal audit to coordinate and complete the testing requirements by participating in the walkthrough meetings, follow-up meetings and provide requested artifacts where applicable.
  • Work collaboratively and coach/mentor team-members to ensure knowledge sharing, best practices and process improvements.
  • Accounting and Other Initiatives
    • Participate, as required, in accounting and other initiatives impacting financial regulatory filings, including new or enhanced systems, changes in accounting standards, new products or acquisitions and disposals; perform regulatory tree review/update and review CRFs to assess impact on regulatory reporting, as assigned.
  • Change Management:
    • Embrace and drive change as required; identify opportunities to improve efficiency and propose changes to Senior Manager /Director.
  • Other projects and initiatives as required.
    • Manage ad- hoc projects as assigned by Senior Manager/Director or other areas in the group.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursue effective and efficient operations of their 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.


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
  • Bachelor's degree in Accounting, Finance or a related field
  • CPA/CFA certification is an asset
  • 3+ years of progressive experience in Finance operations or accounting roles
  • Experience or knowledge of loyalty program financial structure is a plus
  • Excellent analytical skills, passion for accuracy, attention to detail and problem-solving abilities
  • Effective communication and interpersonal skills to collaborate with cross-functional teams and present financial information clearly
  • Strategic thinking, curiosity, communication, results-orientation, leadership skills
  • Advanced skills in Microsoft Excel, PowerPoint, Alteryx and PowerBI
  • SQL/Excel VBA is an asset


What's in it for you?
  • The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
  • A rewarding career path with diverse opportunities for professional development.
  • Internal development to support your growth and enhance your skills.
  • An organization committed to making a difference in our communities- for you and our customers.
  • We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!


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
5 Year Trend
+7%
NASDAQ

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