Senior Manager, Advisory Global Capital Markets Compliance

Requisition ID: 237513

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

Purpose

We are seeking a highly experience and knowledgeable Senior Manager to become a member of a world class Advisory Compliance team. This role is critical in ensuring Global Capital Markets sales and trading businesses compliance with applicable regulatory requirements particularly those governing listed derivatives and the Montreal Exchange. The successful candidate will serve as a subject matter expert (SME) providing strategic guidance regulatory interpretation and proactive compliance support across trading operations and risk management functions.

Accountabilities

• Participates as part of a world class Advisory team and program that delivers consistently efficient and effective compliance support to Global Capital Markets and supports the Director Advisory - GBM and provides ongoing counsel and advice in all Canadian trading related compliance matters for Global Capital Markets.
• Develops and delivers annual periodic and ad hoc compliance and related risk management training education and awareness initiatives to the appropriate internal stakeholders and business divisions.

• Act as the primary compliance advisor for all activities related to listed derivatives with a focus on Montreal Exchange rules and policies. Provide expert guidance to front-office middle-office and back-office teams on compliance obligations related to listed derivatives trading.

• Monitor regulatory developments and rule changes from the Montreal Exchange and other relevant bodies; assess impact and communicate implications to stakeholders. Contribute to Compliance presentations at governance forums (Regulatory development remediation matters key risk indicators etc.).

• Lead the development and maintenance of policies procedures and controls to ensure adherence to Montreal Exchange requirements.
• Conduct risk assessments and gap analyses to identify potential compliance vulnerabilities and recommend mitigation strategies.
• Collaborate with Legal Risk and Audit teams to ensure a cohesive approach to regulatory compliance.
• Deliver training and awareness programs to internal teams on Montreal Exchange rules and listed derivatives compliance.
• Participate in industry working groups and maintain strong relationships with regulatory bodies and peer institutions.

• Assist and provide guidance when responding to regulatory and internal audit inquiries which includes gathering documents and/or data extracts.
• Assist in conducting effectiveness testing of supervision related processes and controls.
• Actively pursues effective and efficient operations of his/her respective areas while ensuring the adequacy adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk regulatory compliance risk AML/ATF risk and conduct risk including but not limited to responsibilities under the Operational Risk Management Framework Regulatory Compliance Risk Management Framework AML/ATF Global Handbook and the Guidelines for Business Conduct.
• Champions a high-performance environment and implements a people strategy that attracts retains develops and motivates their team by fostering an inclusive work environment communicating vison/values/business strategy and managing succession and development planning for the team.
• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships systems and knowledge.

Education / Experience

• Post-Secondary education and/or professional designations.
• A minimum of 3-5 years of relevant experience in a large financial institution or established securities or other financial services activity regulatory agency.
• An excellent understanding of MX and IIROC trading rules and related National Instruments.
• Advanced understanding of institutional equity fixed income and/or derivatives trading (listed derivatives) including hedging and other sophisticated trading strategies.
• General understanding of Canadian regulatory and industry trends related the skills to translate requirements into efficient and effective policies procedures controls systems and training
• An enquiring mind excellent judgment strategic thinking skills and attention to detail.
• Fluent oral and written communication skills.
• Strong analytical and investigative skills and demonstrated ability to operate at a strategic level.
• Sound judgment in identifying risks in order to proactively escalate with relevant senior management.
• Able to work independently and with other staff across functional lines within the Bank.

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.