Senior Manager, Compliance Risk Analytics and Reporting

Title:

Senior Manager, Compliance Risk Analytics and Reporting

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Contributes to the overall success of the U.S. Compliance in the U.S. ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

• Support the reporting metrics for the Compliance pillars, including risk assessment, monitoring, and testing, issues management, regulatory change management, regulatory coordination, policies and procedures, and structures and resources.
• Identify key compliance indicators and risk appetite metrics used to measure the Bank’s compliance risk and effectiveness of internal controls.
• Prepare and present comprehensive reports to Board and senior management committees on key compliance metrics and controls and other matters warranting attention.
• Engage and present metrics to regulatory stakeholders as needed.
• Assist in the development of an Annual Compliance Plan based on compliance issues, metrics and reporting results.
• Coordinate with Global Compliance in the development compliance issues management, metrics and reporting.
• Develop and maintain an effective management reporting structure and program, including procedures, methodologies, and rationales, to ensure compliance with relevant management reporting regulation.
• Provide regular reports on the compliance program to Senior management and elevate any material matters to senior compliance officers and senior management as appropriate.
• Maintain an awareness of regulatory environment for new and emerging legislation, policy statements, relevant trends and industry best practices and determine how they impact management reporting.
• Develop and maintain strong business, technology and compliance relationships becoming a trusted partner with strong relationship management skills.
• Assist in responding to regulatory inquiries and exams in partnership with the functional teams.
• Foster an environment of regulatory awareness and ensure strong attention to detail in deliverables.
• Other duties and projects as may be assigned from time to time.

• BA or international equivalent required
• A minimum of 5 years of compliance experience preferably with a major international banking organization within institutional trading & sales, investment banking, or institutional broker dealer.
• A minimum of 5 years of experience of identifying, assessing, measuring, and reporting compliance risks within the financial services industry.
• Relevant compliance experience, including development of relevant policies and procedures development, responding to regulatory inquiries, etc.
• Sound judgment in identifying risks in order to proactively escrow to relevant senior management.
• Strong analytical and investigative skills and demonstrated ability to operate at a…