Manager, Tax Documentation - GBM Onboarding
Manager, Tax Documentation - GBM Onboarding
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Job Description
Requisition ID: 233503
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
Purpose
GBM Onboarding Canada is a critical component in the banks overall AML Compliance efforts. The Manager manages a team of Analysts onboarding customers to GBM ensuring we meet Enterprise-Wide and local onboarding standards including regulatory requirements and bank-driven due diligence measures. The Manager also ensures Analysts investigate and assess relationships for potential financial reputational operational and compliance risk in addition to activities that pose money laundering or terrorist financing risks for GBM clients.
Is this role right for you In this role you will:
- Support the Associate Director in ensuring that the Bank is compliant with regulatory obligations and bank-driven risk measures.
- Manage a team facilitating the onboarding of GBM Canada clients in an efficient compliant and client-centric manner rapidly triaging and escalating complex issues to management for resolution.
- Provide clear constructive and regular feedback to analysts with a focus on personal and professional development.
- Facilitating training and/or improvements to guidance procedures processes technology etc.
- Prioritizing requests for information establishing response times and escalating requests as required
- Championing a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
- Acting as a Tax subject matter expert to the business and internal stakeholders for FATCA CRS QI and other international tax treaties.
- Serve as the primary relationship point of contact for bank-approved Custodians Depositories and Tri-Party agents supporting strategic business decisions related to new ventures and market expansion.
- Maintain strong relationships with the Custodians Depositories and Tri-Party agents and negotiate terms and manage contracts to align with our business strategies and ensure seamless workflows.
- Conduct regular service reviews and assess the performance of Custodians Depositories and Tri-Party agents to enhance the quality of service provided to the bank.
- Performing ad-hoc special and/or focused data analytics as necessary as well as other duties and projects as assigned to support various GBMO projects.
- Understanding how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Promoting Diversity and Inclusion groups within the bank and sharing opportunities to participate.
- Work in partnership with internal stakeholders to deliver FATCA CRS QI regulatory requirements. Demonstrate knowledge of documentation requirements necessary to address regulatory requirements.
- Facilitate FATCA CRS reporting and conducting due diligence to ensure no late payment penalties are levied for GBM jurisdictions.
Do you have the skills that will enable you to succeed in this role Wed love to work with you if you have:
- Prior experience in financial services with focus on tax regulations.
- University degree in business finance law or other relevant field preferred
- Experience with cash management and/or retail business experience or Capital Markets Regulation experience (IIROC) and/or Dealer Member experience
- Proficient with MS Office with experience in data analytics
- Knowledge of current and anticipated regulatory frameworks impacting client onboarding and documentation review.
- Knderstanding of global banking and capital markets business is desired as is a client-centric approach to the role. Broad knowledge of the end-to-end workflows among the Front Middle and Back Offices.
- Preferred: CAMS or tax related certifications
Work Arrangement: Work in a standard office-based environment; non-standard hours are a common may be required on an exception basis.
Interested
At Scotiabank every employee is empowered to reach their fullest potential respected for who they are and embraced for their differences. That is why we work to grow and diversify talent and engage employees in a performance-oriented culture.
Whats 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.
Required Experience:
Manager
Employment Type
Full Time
