Scotiabank

Senior Manager, Regulatory Relations

Scotiabank • $100K — $130K *
Dallas, TX 75217In-Person
Finance & Insurance
5 - 7 years of experience
Yesterday
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree; Master's, MBA/JD preferred.
  • 7+ years experience in Financial Services, Consulting, or Regulatory agency.
  • Consulting background highly valued.
  • Deep understanding of financial markets and control functions.
  • Strong written and oral communication skills.
  • Excellent planning and organizational abilities.
  • Proficiency in MS Office, especially PowerPoint, Word, and Excel.

Responsibilities

  • Ensure exemplary customer relationships with regulators.
  • Coordinate interactions with U.S. regulators for examinations and monitoring.
  • Develop and manage senior management presentations on regulatory matters.
  • Draft regulatory responses in collaboration with stakeholders.
  • Oversee remediation commitments to regulators.
  • Manage centralized issue documentation and reporting systems.
  • Identify and escalate risks from regulatory interactions.

Benefits

  • Flexible benefit programs to support family, financial, physical, mental, and social health needs.
  • Holistic approach to well-being at work and in life.
  • Opportunity for career development and growth.
  • Inclusive work environment focused on employee engagement.
Full Job Description
Requisition ID: 260253

Salary Range: -

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate's relevant knowledge, skills, and experience.

Purpose

The incumbent is responsible for supporting and coordinating supervisory exam management, continuous regulatory monitoring interactions, assisting with oversight of regulatory remediation and reporting to internal Bank senior management and committees on regulatory topics. The role includes partnering closely with, and providing support, advice and guidance, to business unit and control function management to support their regulatory interactions. The role also provides oversight and monitoring of remediation commitments made by Scotiabank U.S. to its regulators and assists with the preparation of formal responses to regulatory letters and commitments.

What You'll Do

  • Champions a customer focused culture to deepen regulatory relationships while leveraging broader Bank relationships, systems and knowledge:
  • Manages coordination of interactions with U.S. regulators including but not limited to:
    • Providing U.S. oversight for regulatory examinations, continuous monitoring and act as a central contact for regulators
    • Managing & coordinating events related to examinations and continuous monitoring, including scope and timing of reviews, monitoring and supporting delivery of requested information, and coordinating and attending regulatory meetings with control functions and business unit personnel
    • Collaborating with U.S. Business and Control Function Heads to provide guidance on regulatory matters and supporting their regulatory interactions
    • Developing presentations for senior management meetings with regulatory stakeholders and regular reporting on regulatory matters to senior bank stakeholders and committee
    • Drafting of regulatory responses in coordination with other senior stakeholders and management
    • Providing oversight, monitoring and tracking of remediation commitments made by Scotiabank to Regulators and assist with execution of U.S. regulatory governance forums
    • Overseeing centralized issue management systems and repository where documents are stored and previous examination memos and reports are archived
    • Ensuring timely submission of all requested daily, weekly and monthly reporting to our regulators
    • Identifying risks arising from interactions with regulators and escalating them as appropriate
    • Participate in driving quarterly reporting and continuous monitoring submissions to regulators.
  • Understand how Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
  • Champions a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.


What You'll Bring

  • Bachelor's degree. Master's, MBA/JD a plus.
  • At least seven years of experience at a Financial Services Firm, Consulting Firm, or Regulatory agency such as the FRB, FINRA etc. or a similar position in the financial services industry/ regulatory background.
  • Prior consulting experience is a strong plus.
  • A detailed and in-depth understanding of financial markets, products and control functions.
  • Excellent written and oral communication, with strong presentation and interpersonal skills to effectively guide internal and external partners.
  • Attention to detail, strong planning and organization skills, with ability to multi-task and manage changing priorities.
  • Ability to work independently with both regulatory staff and senior Bank personnel.
  • Strong Office productivity skills (MS PowerPoint, Word, Excel).


Interested?

If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

What's in it for you?

Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

#GBM

Location(s): United States : Texas : Dallas

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

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Scotiabank

More Finance & Insurance Jobs

Find similar Senior Manager, Regulatory Relations jobs:

NationwideDallas, TX