Manager, Regulatory Reporting & Project Implementation, Global Finance

Requisition

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

The Regulatory Reporting team manages and oversees financial regulatory reporting for the Bank and assigned subsidiaries. This includes: governance of the process, including monitoring all Bank compliance with filing requirements; change and project management for new or enhanced returns; relationship management with regulators [e.g. Office of the Superintendent of Financial Institutions, Bank of Canada, the Autorité des marchés financiers,Statistics Canada, Provincial Regulators, Securities and Exchange Commission, the Depository Trust and Clearing Corporation, US Federal Reserve, and Canada Deposit Insurance Corporation], completion of returns on time (monthly, fiscal quarterly, calendar quarterly, semi-annually, annually, and ad-hoc filings to regulators) , performance of variance analysis, response of regulatory inquiries, internal information providers, participation in Canadian bankers Association meetings and etc.

Reporting to the Senior Manager, Regulatory Reporting, the manager will contribute to the overall success of the regulatory reporting and project implementation efforts within the team. This role is to establish a dedicated Quality Assurance resource to support the initiative to replace the legacy consolidated data feed and develop individual source feeds in partnership with GFT and source data owners. The position will provide robust end to end support, including defining testing requirements, leading working group discussions with GFT, and executing detailed testing of the new feeds that will directly impact multiple regulatory returns.

Beyond project delivery, this role will also strengthen and expand the Quality Assurance framework. Responsibilities will include managing the team attestation process and control checks, conducting deep dive second level reviews of high risk regulatory returns, performing analytical reviews of returns against published financial statements and regulatory requirements, identifying opportunities to improve processes and data quality, and driving ongoing efficiencies and enhancements to manual processes supporting high risk filings.

• Contribute to the end to end finance transformation project related to deposits source feed, including the development of the overall requirements, test strategy, detailed planning, execution of test scenarios, documentation of evidence, and coordination of final sign off.
• Establish and maintain comprehensive requirements traceability, ensuring alignment between business requirements system functionality, data lineage, and transformation rules.
• Perform deep dive testing on prioritized regulatory returns, assessing data accuracy, identifying calculation or assumption gaps, and recommending opportunities for process or control improvements.
• Strengthen and enhance manual entry controls process for high risk returns and standardize the documentation, to reduce exceptions, minimize errors, and improve overall data quality.
• Produce high quality, audit ready documentation, including test plans, traceability matrices, evidence packages, and sign off records, while providing support for internal and external audits.
• Collaborate effectively with cross functional teams, facilitating discussions, clarifying requirements, and managing stakeholder expectations throughout the testing lifecycle.
• Define, monitor, and report on key QA performance indicators, using insights to drive continuous improvement and advance the maturity of the QA framework.
• 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…