Scotiabank

Senior Administrator, Regulatory Initiatives & Reporting

Scotiabank • $80K — $95K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • University degree or College diploma in Business, Economics, Accounting, Finance, or related discipline.
  • Completion of the Canadian Securities Course (CSC) is beneficial; Chartered Investment Manager (CIM) designation is a plus.
  • Prior experience in Tier 1 compliance and regulatory activities is essential.
  • Preferred background in Wealth Management, Private Wealth, or Investment Management environments.
  • Strong understanding of compliance regulations and investment management practices.

Responsibilities

  • Support execution of Tier 1 compliance and regulatory oversight activities.
  • Collaborate with the Manager to maintain regulatory oversight and risk management standards.
  • Monitor adherence to regulatory requirements and internal policies.
  • Conduct research and assist with audit preparation and resolution of findings.
  • Communicate and implement policy and regulatory changes to clients and Relationship Managers.
  • Minimize risk exposure by ensuring compliance with all relevant guidelines.
  • Manage client complaints and regulatory reviews effectively.

Benefits

  • Opportunity to work within a dynamic and supportive team environment.
  • Access to ongoing professional development and training.
  • Contribute to meaningful compliance and regulatory initiatives.
  • Engage with high-level stakeholders across the organization.
  • Chance to enhance your career within a reputable financial institution.
Full Job Description
Requisition ID: 271972

Purpose of the Role

The Senior Administrator, Regulatory Initiatives & Reporting supports the Manager, Regulatory Initiatives & Reporting and the Scotia Jarislowsky Fraser (SJF) 1A business by providing dedicated administrative, compliance, and regulatory support. The role is designed to create capacity for the Manager by supporting day-to-day regulatory oversight, audit activities, policy implementation, and risk management initiatives. The incumbent ensures all activities are conducted in accordance with the Bank's risk appetite, risk culture, governing regulations, and internal policies and procedures.

Key Accountabilities

Compliance and Regulatory Oversight

  • Support the effective execution of Tier 1 compliance and regulatory oversight activities across the assigned market area.
  • Partner with the Manager and project teams to maintain regulatory oversight and risk management standards.
  • Collaborate with Compliance partners to implement regulatory and fiduciary requirements into business practices.
  • Monitor adherence to regulatory requirements, internal policies, procedures, standards, and risk management guidelines.
  • Conduct research and provide support related to audits and identified issues to facilitate successful audit outcomes.
  • Ensure business processes and procedures are executed, documented, maintained, and reviewed in accordance with audit requirements.
  • Support audit preparation activities and assist with the resolution of audit findings.
  • Assist the Manager in communicating and implementing policy, procedural, and regulatory changes impacting clients and Relationship Managers.


Compliance, Regulatory and Operational Risk Management

  • Minimize the Bank's exposure to risk by ensuring compliance with all applicable regulatory requirements, policies, and guidelines, including Privacy, Anti-Money Laundering (AML), Anti-Terrorist Financing (ATF), FCAC requirements, Know Your Client (KYC), Occupational Health and Safety, and the Guidelines for Business Conduct.
  • Support the communication and reinforcement of policy and procedure changes to Relationship Managers, Market Leads, Regional Directors, GO Managers, and Portfolio Administrators.
  • Partner with the Manager to support the implementation and communication of new policies, procedures, and regulatory requirements across the business.
  • Assist in ensuring client complaints, claims, legal actions, regulatory reviews, examinations, and investigations are managed effectively and that corrective actions are implemented in a timely manner.


Education and Experience

  • University degree or College diploma in Business, Economics, Accounting, Finance, or a related discipline.
  • Completion of the Canadian Securities Course (CSC) and Chartered Investment Manager (CIM) designation is considered an asset.
  • Previous experience supporting Tier 1 compliance and regulatory activities.
  • Experience within Wealth Management, Private Wealth, or Investment Management environments is preferred.


Functional Competencies

  • Strong knowledge of compliance, regulatory requirements, and investment management practices.
  • Solid understanding of Canadian Wealth Management business objectives, strategies, and organizational structures.
  • Experience interpreting and applying compliance and regulatory rules within a Private Wealth or Investment Management environment.
  • Ability to build and maintain strong working relationships across multiple business lines and stakeholder groups.
  • Excellent verbal and written communication skills with the ability to convey complex regulatory matters clearly and effectively.
  • Comprehensive knowledge of applicable regulatory requirements, policies, standards, and guidelines.
  • Strong interpersonal, collaboration, and relationship management skills.
  • High attention to detail, organizational skills, and the ability to manage multiple priorities in a fast-paced environment.

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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