Daily Account Supervision Officer, Scotia iTRADE - Toronto, ON

Scotiabank; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading bank in the Americas is seeking a Daily Account Regulatory Officer to ensure compliance with regulations while analyzing trading activities. This role requires strong analytical skills and industry experience, offering a chance to contribute to a team focused on excellence and inclusive work culture.

Benefits

Diverse and inclusive workplace

Supportive peers and leaders

Investment in ongoing development

Qualifications

• Knowledge of compliance and trading policies.
• Prior experience in investment industry and brokerage.
• Ability to work independently and manage workload effectively.

Responsibilities

• Conduct daily account supervision and analyze trade reports.
• Review trades and ensure compliance with regulations.
• Identify and address compliance issues and concerns.

Skills

Analytical skills

Judgment

Organizational skills

Proactivity

Fluency in French

Education

Canadian Securities Course (CSC)

Conduct and Practices Handbook (CPH)

Derivatives Fundamentals Course (DFC)

Options Licensing Course (OLC)

Investment Dealers Supervisor Course

Options Supervisor Course

Tools

Broadridge

SCORE

AS400

Thompson ONE

Microsoft Excel

Nasdaq SMARTS

Job description

Requisition ID: 227772

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

In the Daily Account Regulatory Officer role, you will contribute to the overall success of the Scotia iTrade daily account supervision team in Canada, ensuringall activities are conducted in compliance with governing regulations, internal policies and procedures.

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

• Conduct daily account supervision via the analysis ofvarious trade reports

• Reviewtrades completed by Scotia iTrade staff,ensuring all trades have been appropriately authorized, entered and executed
• Identify potential and actual compliance issues and concerns (i.e. AML, Sanctions, UMIR violations, ramping, credit risk and vulnerable clients)
• Conductfollow-up inquiries and reviewsensuring appropriate corrective actions are implemented in a timely manner
• Identify trading concerns and issues from a regulatory perspective --such as market manipulation, restricted buys, restricted accounts, insider trading
• Identify high risk accounts,notifying management and other departments as required
• Conductmonthly reviews of client statements
• Performcompliance and regulatory tasks, such as investigating inquiries arising from the review of monthly account statements and/orqueries from compliance and other departments
• CompleteCIRO regulatory trade marker corrections
• Demonstratefull understanding of the implications of dealing with trading and compliance issues, while ensuring that the confidentiality of customer information is maintained at all times
• Adhereto policies and practices that regulate the investment industry by escalating all complaints as necessary
• Maintainaccurate records of reviews and activities - such as recording identified issues, follow ups, actions taken, etc.
• Assist with Order Management duties (if required), vetting orders, trade corrections, option spreads, foreign trades and general trade inquires.

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

• Thorough knowledge of industry, compliance and trading policies
• Prior investment industry and brokerage industry experience
• Knowledge of PC systems including: Broadridge, SCORE, AS400, Thompson ONE, Microsoft Excel,
• Nasdaq SMARTS, and other supporting applications
• Strong analytical skills as well as a high degree of judgment and organizational skills and initiative to deal with diverse and complex inquiries relating to Scotia iTrade products and services
• The ability to work in a fast-paced environment where volumes are dictated by market trends, customer demands, seasonal peaks and advertising campaigns
• The ability to work independently within the boundaries of existing policies and guidelines -- referring to management, complex situations and issues, not encompassed within the guidelines
• Proactivityin their monitoring and initiative to change their tasksand to advise management of necessary changes and modifications as the job continues to evolve.
• The incumbent must exercise judgment in the prioritization of his/her workload to ensure optimum response times are met and adherence to established service standards is maintained
• Fluency in verbal and written French is an asset

Education / Required Accreditation:

• Successful completion of Canadian Securities Course (CSC)
• Successful completion of Conduct and Practices Handbook (CPH)
• Successful completion of Derivatives Fundamentals Course (DFC)
• Successful completion of Options Licensing Course (OLC)
• Successful completion of the Investment Dealers Supervisor Course and Options Supervisor Course is preferred

What's in it for you?

Come work in a diverse and inclusive workplace with supportive peers and leaders who will invest in your onging development and career momentum!

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.