Scotiabank

Senior Manager, International Compliance GTB Program

Scotiabank • $100K — $130K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • Post-secondary education in financial services or related field.
  • Experience in regulatory compliance, risk management, or financial operations.
  • Strong knowledge of banking regulations and various legal systems.
  • Ability to analyze data and communicate effectively across teams and jurisdictions.
  • Proficiency in Microsoft Office Suite and Power BI.
  • Fluency in Spanish is an asset.

Responsibilities

  • Execute and manage the Global Transaction Banking Compliance program across the Bank.
  • Provide independent oversight on compliance risks related to the 8 pillars and Conduct.
  • Assist in evaluating the effectiveness of compliance activities within the IB RCM program.
  • Assess and mitigate compliance risks, providing guidance on regulatory obligations.
  • Stay updated on regulatory developments to enhance the Compliance program's effectiveness.
  • Support implementation of controls for regulatory obligations with local compliance teams.
  • Develop strategic relationships across various compliance and risk management departments.

Benefits

  • Access to professional development and training resources.
  • Opportunity to engage in a high-performing team environment.
  • Flexible working arrangements to accommodate various needs.
  • Involvement in cross-jurisdictional projects that enhance career growth.
Full Job Description
Requisition ID: 262894

Purpose

Supports the Regulatory Compliance Management (RCM) Program for Global Transaction Banking (GTB) business lines globally, to ensure it is executed and managed in a manner compliant with governing regulations globally, and is in accordance with the Bank's strategic priorities, plans, initiatives, internal policies, standards and procedures.

The position manages key relationships, helping ensure business strategies, plans and initiatives are executed and delivered in accordance with governing regulations, the Bank's strategic priorities, plans, initiatives, internal policies, standards, procedures, and with Scotiabank's ethical conduct standards.

Accountabilities
  • Ensure that the Global Transaction Banking (GTB) Compliance program is properly executed across the Bank's footprint working in collaboration with subject matter experts and other stakeholders in GTB within Compliance and BRM, who are responsible for the global standards for their areas and provide expert advice & counsel to Compliance and the Business line.
  • Provide independent oversight and effective challenge across the Bank's footprint for activities which may expose the bank to compliance risks across the 8 pillars, as well as Conduct.
  • Support and inform the CCO opinion on the adequacy of and adherence to and effectiveness of compliance related activities of the IB RCM program. This includes reporting to management & various committees and acting as delegate to the SVP of CB, GWM, IB and CF Compliance as required.
  • Identify, assess, communicate, and mitigate Compliance risks, maintain oversight and awareness of applicable regulations, and provide advice and guidance to local Compliance and IB Business Risk Management (BRM), particularly where issues are raised in regulatory and audit reports and oversee corrective measures.
  • Keep abreast of regulatory and industry developments globally to ensure compliance risks are being properly identified and mitigated. The incumbent should identify opportunities for technology and process improvement that could enhance the effectiveness or efficiency of the Compliance program.
  • Provide support for Enterprise Regulatory Compliance Management (eRCM) program by reviewing regulatory obligations identified by local Compliance teams and working with BRM, the business units and other stakeholders to ensure the adequate implementation of relevant controls to address regulatory obligations.
  • Participate in an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank's values and strategic priorities while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to regulatory compliance risk and conduct risk. This includes, but it's not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, Privacy Risk Framework and the Code of Conduct.
  • Provide advisory and guidance to develop, implement, and maintain applicable global frameworks and standards, policies, procedures and related documentation relevant to Global Compliance for the GTB program.
  • Assist with the review of governance documents translated into Spanish and support the Director in the delivery of Compliance trainings to respective stakeholders.
  • In addition to supporting the Director on preparing monthly key risk/events reports presented to management, the Senior Manager will assist in the reporting of violations to the respective Compliance Misconduct / Consequence Committee.
  • Develop strategic relationships and collaborate with Business Risk Management, Corporate Functions, Global Compliance, Business Line Compliance (IB, CB, GWM and GBM&T), CF Compliance, Local Compliance and Enterprise Compliance Programs to ensure Scotiabank Global Compliance has a coordinated, efficient, and effective Compliance Program.
  • Understand how the Bank's risk appetite should be considered in day-to-day activities, measured, monitored, and reported.


Education/Experience
  • Post-secondary education with relevant experience in the financial services industry, preferably within a CF, business line, regulatory compliance, operations, technology, audit or risk management function
  • Ability to be part of a high performing, flexible team environment across multiple jurisdictions
  • Strong knowledge of banking regulations, products & services, technology, and operations with a general understanding of different legal systems applicable to the jurisdictions the Bank operates in.
  • Strong analytical and communication skills, results orientated and data driven approach in decision making.
  • Experience with providing insights to and interacting with the CFs/business lines/Global Ops
  • Experience using analytics to identify areas of risk and opportunities for improvement
  • Strong knowledge of Microsoft applications (including Word, Excel, and PowerPoint) and Power BI
  • Fluency in Spanish is considered an asset


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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