Director, Private Investment Counsel & Compliance Programs

Scotiabank; Toronto; On-site; CAD 120,000 - 200,000; Full time

Job summary

Join a leading bank as the Director, Private Investment Counsel & Compliance Programs, where you'll develop and implement compliance strategies across multiple asset management businesses. You'll leverage your extensive experience in financial services to mitigate regulatory risks and foster relationships with stakeholders, all within an inclusive and dynamic team environment.

Qualifications

• Minimum 10 years of financial services, asset management and/or compliance experience.
• Strong analytical skills and results-oriented approach.
• Knowledge of securities industry regulations.

Responsibilities

• Develops and oversees compliance programs for private investment counsel.
• Engages with stakeholders to manage regulatory risks.
• Leads compliance initiatives and ensures alignment with global standards.

Skills

Analytical Skills

Results-oriented

Project Management

Team Leadership

Fluency in French or Spanish

Education

Post-secondary education in business/economics/finance/mathematics

Job description

Press Tab to Move to Skip to Content Link

Select how often (in days) to receive an alert:

Title: Director, Private Investment Counsel & Compliance Programs

Requisition ID: 226814

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

Purpose

The Director, Private Investment Counsel & Compliance Programs contributes to the overall success of Scotiabank’s Asset Management Compliance team by supporting and championing the team’s strategies and initiatives.

The Director reports to the Vice President, Asset Management Compliance and a diverse set of stakeholders to develop, implement and oversee the compliance programs for the private investment counsel businesses within 1832 Asset Management L.P. (“Scotia PIC”) and MD Financial Management (“MD PIC”).

Accountabilities

• Supports the Vice President, Asset Management Compliance to ensure regulatory risks are identified and managed effectively in accordance with the risk appetite of Scotiabank.
• Develops, directs and oversees the development of the compliance programs, including monitoring and review processes, policies and procedures for Scotia PIC and MD PIC.
• With the support of the Manager, Compliance Programs, leads the Asset Management Compliance planning and execution for all Enterprise Compliance initiatives, including implementing and maintaining enterprise controls such as regulatory change management, monitoring and testing processes, and Compliance Risk and Controls Assessments (CRCA).
• Works with the Compliance teams who oversee multiple asset management affiliates (1832, JFL, MDFM) to deliver initiatives impacting the Asset Management Compliance Program, including developing, maintaining and implementing improvements to policies, procedures and processes to ensure they meet Global Compliance standards.
• Responsible for ensuring the design of the Asset Management Compliance Program is aligned to Global Compliance standards and expectations.
• As part of the Asset Management Compliance leadership team, provides knowledgeable and practical direction to the Vice President, Asset Management Compliance.
• Fosters and maintains collaborative relationships with key internal and external stakeholders including Global Compliance, Corporate Functions, regulators and asset management business leaders to support the achievement of initiatives and overall objectives.
• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and, managing succession and development planning for the team.
• Successfully engages in multiple initiatives simultaneously; and
• Participates in projects and other duties as assigned.

Education/Experience

• Minimum 10 years of financial services, asset management and/or compliance experience, preferably in a similar role;
• Post-secondary education in a related discipline (business/economics/finance/mathematics) is preferred;
• Thorough knowledge of the securities industry and applicable regulation impacting the business;
• Strong analytical skills and results-oriented approach to decision making;
• Ability to drive success in a high performing, flexible and small/medium team environment;
• Ability to manage several ongoing projects and competing priorities concurrently;
• Occasional travel to other offices;
• Fluency in French or Spanish is an asset; and
• Enthusiasm for making a positive impact to Asset Management Compliance.

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.