Scotiabank

Manager, SCI Regulatory Reporting, GBM Finance

Scotiabank$100K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • University degree in accounting, finance or related field
  • Minimum 5 years' experience in banking/brokerage operations
  • Understanding of CIRO regulatory reporting requirements
  • Proficient in Microsoft 365 and Office suites
  • Strong communication and analytical skills

Responsibilities

  • Prepare and analyze regulatory reports such as Monthly Financial Report and Form 1
  • Lead consolidation and analysis of regulatory/financial information from various units
  • Act as a liaison for internal and external audit inquiries
  • Ensure compliance during the CIRO Financial and Operations Compliance examination
  • Supervise attestation databases for Broadridge and PeopleSoft
  • Implement new reporting requirements and system changes
  • Collaborate with stakeholders on ad-hoc projects

Benefits

  • Join a forward-thinking company with a collaborative team
  • Diverse opportunities for professional development
  • Internal development programs to enhance skills
  • Commitment to community impact through customer engagement
  • Inclusive environment that encourages creativity and celebrates success
Full Job Description
Requisition ID: 272173

Purpose

Contributes to the overall success of Scotia Capital Inc. ("SCI") Regulatory Reporting, GBM 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:
  • Be responsible for the preparation, analysis and/or review of daily/monthly/annual regulatory reports that support the completion of regulatory deliverables such as Monthly Financial Report ("MFR"), Form 1, Notes to Financial Statements and the Statement of Member Assets by Location filings to Canadian Investment Regulatory Organization ("CIRO")/Canadian Investor Protection Fund ("CIPF").
  • Lead the consolidation efforts and subsequent analysis of the regulatory/financial information solicited from numerous SCI supporting units, inclusive of investigation and resolution of any identified data discrepancies.
  • Act as a central conduit for all internal and external audit inquiries; additionally, responsible for the coordination and oversight of critical deliverables and walk throughs to the external auditors.
  • Conduct orderly execution of the annual CIRO Financial and Operations Compliance field examination and applicable testing of the internal controls and procedures that support CIRO requirements of the Annual Attestation of Internal Controls.
  • Supervise Control Account attestation databases for Broadridge (Subledger) and PeopleSoft (general ledger), which are book of records platforms for SCI; accountable for the timely reporting and escalation of exceptions and unreconciled amounts to Senior Management and for driving the resolution of these with the appropriate stakeholders.
  • Interpret and implement new reporting requirements and manage the implementation of system and procedural changes to ensure compliance with new regulatory requirements.
  • Collaborate with internal stakeholders on ad-hoc projects in support of departmental objectives, GBM Finance initiatives or regulatory requirements.
  • Provide coverage during absences to ensure key deliverables are covered and work collaboratively and coach/mentor team-members to ensure knowledge sharing, best practices and process improvements.
  • 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 contribute to an inclusive work environment.
  • Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • An in depth understanding of various types of securities (fixed income, equity, money market, listed and OTC derivatives, etc).
  • Strong knowledge of accounting procedures, internal controls and the regulatory reporting requirements of the Bank, CIRO/CIPF.
  • Expert knowledge of Broadridge (BPS) and working knowledge of PeopleSoft is required.
  • Solid foundational knowledge of inner workings of GWO and Wealth Operations and the unique interdependencies between the various groups.
  • Demonstrated ability to leverage non-authoritative leadership (NAL) skills and proven ability to present complex, technical information to a variety of audiences
  • Accurate and thorough skills, and able to perform independently with minimal direction, manage tight deadlines and prioritize tasks/deliverables.


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 in accounting, finance or in a related field and minimum 5 years' experience, preferably in the operational aspects of the banking/ brokerage industry.
  • Excellent knowledge of internal controls and the regulatory reporting requirements of CIRO. Completion of Canadian Securities Course is an asset. Required to interpret and apply CIRO rules and guidelines.
  • Excellent communication and interpersonal skills to act as a liaison with external and internal stakeholders. Strong analytical / problem solving skills are necessary to present complex, technical information to a variety of audiences.
  • Proficient skills in Microsoft 365 and Office suites such as Excel, Word, PowerPoint, OneNote and working knowledge of PeopleSoft General Ledger and Broadridge platforms.


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

Similar Jobs

More Jobs at Scotiabank

More Finance & Insurance Jobs

Find similar Manager, SCI Regulatory Reporting, GBM Finance jobs: