Senior Manager, Compliance Risk Analytics and Reporting

Requisition ID: 212264

Salary Range: 117,400.00 - 224,700.00

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.

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

The objective of this position is to ensure that the U.S. operations of The Bank of Nova Scotia, Scotia Capital (USA) Inc. and their affiliates (collectively the “Bank”) have robust compliance risk management processes in place to satisfy applicable U.S. legal and regulatory requirements/expectations. The Senior Manager will assist in establishing a framework for identifying, analyzing, assessing, measuring, and reporting compliance risks across the Bank’s U.S. operations. The Senior Manager will be expected to work closely with the Compliance teams in developing, implementing, and maintaining compliance risk management and metrics. The role will entail substantial coordination with various business units, corporate functions, and other teams within the Compliance function. The Senior Manager will be responsible for developing and implementing a best practices management reporting structure that will ensure the development and delivery of robust and comprehensive reports on the U.S. Compliance Program to Bank’s board of directors, senior management, and other stakeholders.

What You’ll Do

• 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 escalate 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.

What You’ll Bring

• BA or international equivalent required

• A minimum of 5 years of compliance experience preferably with a major international banking organization with 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 escalate to relevant senior management.

• Strong analytical and investigative skills and demonstrated ability to operate at a strategic level.

• Strong leadership skills and demonstrable experience and success in working in high-performance teams.

• Ability to coordinate across multiple management levels, jurisdictions, business lines and support functions to drive results.

• Ability to operate with minimal direction, deliver product of the appropriate quality, set goals and manage priorities.

• Ability to coordinate potentially competing deliverables and timelines.

• Experience operating and coordinating programs across large matrixed organizations.

• Strong organizational, communication (oral and written), and interpersonal skills required.

• Minimum bachelor's degree. Post graduate degree (JD or MBA) preferred.

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!

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): United States : New York : New York City

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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.