Director, Advisory & Regulatory Affairs

Scotia Wealth Management; Toronto; On-site; CAD 180,000 - 250,000; Full time

Benefits offered by this job

Competitive compensation and benefits

Job summary

Scotia Wealth Management is seeking a Director for National Supervision in Canada. The role leads a team to ensure strict regulatory compliance, robust risk controls, and strong conduct across the wealth management line.

You will coordinate with CIRO, OSFI and other regulators, shaping policies and supervising multiple jurisdictions. Ideal candidates bring extensive securities experience, leadership capabilities, and deep knowledge of regulatory requirements to sustain a compliant and efficient

Qualifications

• University degree.
• Regulatory knowledge of CIRO/OSFI and related regulations.
• Experience overseeing supervision and controls in wealth management.

Responsibilities

• Lead and oversee the National Supervision team for Scotia Wealth Management, ensuring regulatory compliance and effective controls.
• Oversee CIRO, OSFI, CSA, FINTRAC, FINCEN and other regulatory requests and audits.
• Develop policies and procedures to strengthen AML/ATF program and risk management across Canada and Caribbean regions.
• Build a high-performance team culture with succession planning and development.
• Collaborate with AML & Regulatory Initiatives to implement enterprise AML/ATF program.

Skills

Regulatory compliance expertise

Leadership & people management

Securities industry experience

Risk management

CIRO/OSFI familiarity

Cross-border experience

Education

University degree

Job description

Requisition ID: 277036

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

BRIEF INTRODUCTION

As Director, National Supervision, ScotiaMcLeod, Business Controls & Oversight, you will lead and oversee the National Supervision team, ensuring business strategies, plans and initiatives are executed and delivered in compliance with governing regulations and internal policies and procedures.

You will create an environment that supports effective and efficient operations while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls. This includes obligations related to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk under the Bank’s applicable risk management frameworks, enterprise policies and Guidelines of Business Conduct.

IS THIS ROLE RIGHT FOR YOU

In The Role You Will

• Lead and drive a customer-focused culture across the team to deepen client relationships and leverage broader Bank relationships, systems and knowledge
• Ensure the business line meets its Tier 1 compliance oversight obligations and complies with governing regulations and internal policies and procedures
• Minimize the risk of financial loss, reputational damage, regulatory sanctions, litigation, fines or penalties for the company and its directors, officers and employees
• Lead all aspects of regulatory requirements affecting the business, including CIRO, OSFI and internal and external audit requests and related communications
• Collaborate with the Senior Manager, AML & Regulatory Initiatives to oversee implementation and execution of the enterprise AML/ATF Program across the Wealth Management business line, including the development of policies, procedures and best practices
• Consider the Bank’s risk appetite and risk culture in day-to-day activities and decisions
• Build a high-performance environment and implement a people strategy that attracts, retains, develops and motivates the team through inclusive leadership, clear communication, succession planning and development planning
• Lead 3 direct reports and provide oversight across a broader team of 10–15 indirect reports supporting Canada, The Bahamas and the Cayman Islands
• Provide oversight and support for approximately 5–10 projects annually and work with regulatory bodies including OSFI, CIRO, CSA, FINTRAC, FINCEN, provincial securities commissions and international securities bodies
• Work in a standard office-based environment, with non-standard hours common and limited domestic travel as required

Do You Have The Skills

We would love to work with you if you have:

• A university degree
• Completion of the Canadian Securities Course (CSC), Conduct & Practices Handbook (CPH), Investment Dealer Supervisors Course (IDSC or previous BSC), Derivatives Fundamentals and Options Licensing (DFOL), and Options Supervisors Course (OSC), or the most recent equivalents, including CIRE, RSE, DMTC, the Supervisor Exam and the Derivatives Exam
• Current registration with CIRO in a supervisory category
• 10+ years of securities experience
• Thorough, current knowledge of applicable regulations and industry best practices
• Strong knowledge of the retail securities business and insurance
• Proven leadership skills and experience managing teams

What's In It For You

• Competitive compensation and benefits package, including annual incentive plans, time-off entitlements, Pension Plan, Employee Share Ownership Plan and favourable employee banking rates
• The opportunity to join a forward-thinking organization surrounded by a collaborative team of innovative thinkers
• An organization committed to making a difference in our communities, for you and our clients
• An inclusive working environment that encourages creativity, curiosity and celebrates success
• Learning and development through Scotia Academy, a virtual learning experience to upskill and develop your capabilities at work or from your personal device

#SWM

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 our 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.