Requisition ID: 228350
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
The Senior Manager contributes to the overall success of the governance and compliance of compensation for the Bank globally ensuring specific individual goals plans initiatives are executed / delivered in support of the teams business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations internal policies and procedures.
Is this role right for you In this role you will:
- Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
- Lead the design and delivery of significant projects and governance and regulatory compensation initiatives including accountability for planning and end-to-end delivery gap analyses and annual reviews (e.g. conducting reviews of the Banks remuneration policies and programs against local regulatory requirements). Applies specialized knowledge of enterprise policies and remuneration-related regulations to ensure the Banks compliance globally and in specific jurisdictions
- Manage the overall Human Capital and Compensation Committee of the Boards (HCOBs) agenda and process including material preparation and management of quality and timelines etc. in support of the HCOBs mandate. This includes reviewing materials created by other content contributors and suggesting amendments drafting cover memos and resolutions drafting / updating HCOB-related policies and other materials (e.g. Independent Advisor Policy HCOB annual work plan UK and Ireland remuneration-related updates etc.) and collaborating with local HR to ensure the HCOBs discharge of local requirements as the overarching remuneration committee for Scotiabank
- Monitor and prepares responses to remuneration governance and regulatory developments to ensure the Banks compliance with global and local regulatory requirements and guidelines and contributes to the development of the Banks response to shareholder and regulatory compensation-related requests and preparation of related disclosures reports and filings (e.g. compensation of material risk employees Pillar 3 reports portions of the Management Proxy Circular etc.) which must stand up to rigorous scrutiny by external and internal reviewers including regulators shareholders proxy advisors Internal Audit and Compliance.
- Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively pursue effective and efficient operations of his/her respective areas in accordance with Scotiabanks 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 contributes to an inclusive work environment.
Do you have the skills that will enable you to succeed in this role Wed love to work with you if you have:
- 5 to 8 years of compensation experience which may include executive and regulatory compensation compensation governance & disclosure
- Regular interactions with other managers directors and executives
- Materials are reviewed by Bank executives board members and regulators so must be prepared to an executive ready standard
- Strong organization skills and attention to detail is critical
- Excellent written and verbal communication skills in English and proficient in Excel Word and PowerPoint
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.
Required Experience:
Exec