Requisition ID: 197695
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!
Purpose:
Leads and oversees a team within GBM Internal Control that plays an integral role in the effective design and execution of Regulatory Controls.
Provides strategic direction, leadership and oversight on all matters pertaining to Regulatory Controls as they manifest across the client onboarding process. Provides oversight over related policies, procedures and processes with a focus on the integrity and utilization of Client, Account, Tax, Reference, Pre-trade and Market data.
Provides oversight and leadership over change management activities related to regulatory reporting and other OTC-related regulatory requirements within Global Banking and Markets (GBM) and Group Treasury (GT) to ensure that Regulatory Trade Reporting and other activities are appropriately monitored and governed in accordance with regulatory expectations. Among other things, this role ensures Scotiabank has an integrated view of its regulatory reporting, stretching from data acquisition through to reporting technologies. The role is critical to drawing insights from Scotiabank reporting to denote potential issues and where inconsistencies may exist. This includes tracking of issues associated with reporting and assessing the ongoing state of the reporting infrastructure.
The Regulatory Controls and Advisory team acts as control and implementation subject matters experts. The Director will coordinate heavily with stakeholders, including Compliance, Operations, Internal Control, Client Onboarding, Global Regulatory and Compliance Technology and the Business, when applicable, to ensure that appropriate information is shared and responsibilities are performed by the parties affected. The Director will also act as a decision maker for significant changes, identifying risks and requirements to ensure the ongoing efficacy of various regulatory controls.
The Team provides consistent monitoring and governance for regulatory regimes that rely upon a common data set, Commodities Futures Trading Commission (CFTC), Ontario Securities Commission (OSC), Nova Scotia Securities Commission (NSSC), European Securities and Markets Authority (ESMA), Financial Conduct Authority (FCA), Hong Kong Monetary Authority (HKMA), Securities and Futures Commission of Hong Kong (SFC), Monetary Authority of Singapore (MAS), Australian Securities and Investments Commission (ASIC).
What You'll Do:
What You'll Bring:
Interested?
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That's why we work to grow and diversify talent and engage employees in a performance-oriented culture.
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.
Location(s): Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.