Associate Director, Global Derivates Onboarding (GWO)

Scotiabank; Toronto; Hybrid; CAD 100,000 - 130,000; Full time

Job summary

Scotiabank is seeking an Associate Director for KYC/AML compliance in Toronto. This role involves leading a team, ensuring adherence to regulatory standards, and enhancing onboarding procedures. Ideal candidates possess a degree in Finance or related fields, with extensive experience in wholesale banking and derivatives regulations.

Benefits

Flexible benefit programs

Qualifications

• 8+ years of direct industry experience in wholesale banking and capital markets.
• Expertise in current and anticipated regulatory frameworks impacting client onboarding.
• Broad knowledge of end-to-end workflows among Front, Middle, and Back Offices.

Responsibilities

• Lead a team specializing in KYC/AML/Derivatives.
• Ensure compliance with GBM KYC Program and operationalize policies.
• Train staff on applicable regulations.

Skills

Client-centric approach

Knowledge of derivatives regulations

Team management

Education

Degree in Finance, Business, Economics, or a related discipline

Job description

Requisition ID: 225966

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

Purpose

GBM Onboarding is vital to the bank’s AML & Regulatory Compliance efforts. The Associate Director will lead a team specializing in KYC/AML/Derivatives, ensuring compliance with both Enterprise-Wide and local standards, and building strong strategic relationships across GBM globally and the bank.

Is this role right for you? In this role, you will:

• Assist the Head of KYC, Derivatives, and Margin Onboarding in efficiently onboarding global GBM clients. Resolve day-to-day issues, escalate complex matters, and keep the Head informed of any delays.
• Ensure adherence to the GBM KYC Program by operationalizing policies and procedures, supporting industry and system changes, and implementing compliance measures.
• Train staff on all applicable regulations (KYC/AML/Derivatives) and ensure they have the necessary tools.
• Oversee and manage the Derivatives onboarding staff in Canada, including recruitment and management of full-time and temporary staff.
• Continuously enhance knowledge of the bank’s business strategies, risk management practices, product offerings, regulatory requirements, and technology to drive improvements in onboarding procedures.

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

• Degree in Finance, Business, Economics, or a related discipline is required.
• Direct industry experience in wholesale banking and capital markets, covering multiple product areas with a client-centric approach.
• Proficient and knowledgeable in derivatives regulations such as Canadian Derivatives, Dodd-Frank CFTC & SBS, EMIR, etc., preferably with 8+ years of direct industry experience.
• Expertise in current and anticipated regulatory frameworks impacting client onboarding in Canada.
• Broad knowledge of end-to-end workflows among Front, Middle, and Back Offices.
• Prior experience managing a team.
  
  

Work Arrangement: This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.

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.

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.

About the company

The Bank of Nova Scotia, operating as Scotiabank, is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario.

Notice

Talentify is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Talentify provides reasonable accommodations to qualified applicants with disabilities, including disabled veterans. Request assistance at [e-mail] or 407-000-0000.

Federal law requires every new hire to complete Form I-9 and present proof of identity and U.S. work eligibility.

An Automated Employment Decision Tool (AEDT) will score your job-related skills and responses. Bias-audit & data-use details: www.talentify.io/bias-audit-report . NYC applicants may request an alternative process or accommodation at [e-mail] or 407-000-0000.