RESL Compliance & Regulatory Reporting Manager

Scotiabank; Toronto; Hybrid; CAD 110,000 - 145,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Scotiabank is seeking a Manager, Business Controls and Regulatory Reporting to strengthen the RESL portfolio’s compliance with lending policies and protect the bank’s legal interests from operational risk. You will support RESL, SMA, Sales & Service, Mortgage Operations and related areas, and act as back-up for BCP contacts.

Location: Ontario, Toronto. This role requires strong analytical abilities, policy development experience, and the capacity to work in a hybrid environment with a focus on

Qualifications

• Post-secondary education with related work experience focused in financial services compliance and regulatory support.
• Knowledge of the Canadian residential market, industry trends and regional market differences.
• Knowledge of RESL policies and procedures across all delivery channels and centralized processing units.
• Strong analytical skills to evaluate issues and opportunities, with the ability to synthesize information for policy, compliance and regulatory recommendations.
• Excellent writing and communication skills for reports and business cases for senior audiences.
• Ability to work both independently and in a team environment.

Responsibilities

• Oversee RESL governance and compliance policies, reports and issues (Customer Privacy, KYC, AML/ATF).
• Contribute to policy development and updates to reflect regulatory changes.
• Design tactical compliance strategies across delivery channels and ensure changes meet requirements.
• Support external regulatory agencies (OSFI, FCAC, CBA) as department contact.
• Investigate governance and compliance issues raised by regulators to ensure RESL compliance.
• Provide input on position papers and submissions to government for negotiation and lobbying.
• Project manage from inception to post-implementation for regulatory changes.
• Update disclosures and documentation for RESL products in response to regulatory impact.
• Prepare and review detailed external compliance reports for OSFI and other certifications.

Skills

Analytical thinking

Written communication

Team collaboration

Independent work

Adaptability

Customer focus

Education

Post-secondary education in financial services compliance

Job description

Scotiabank is seeking a Manager, Business Controls and Regulatory Reporting to strengthen the RESL portfolio’s compliance with lending policies and protect the bank’s legal interests from operational risk. You will support RESL, SMA, Sales & Service, Mortgage Operations and related areas, and act as back-up for BCP contacts.

Location: Ontario, Toronto. This role requires strong analytical abilities, policy development experience, and the capacity to work in a hybrid environment with a focus on