Senior Compliance Officer, Programs, Global Banking & Markets and Treasury Compliance Canada

Scotiabank; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

A leading Canadian banking institution is seeking a Senior Compliance Officer for their Global Banking & Markets and Treasury Compliance programs in Toronto. The role focuses on fostering regulatory relationships, supporting compliance initiatives, and requires a background in finance with strong analytical skills. Candidates should have 3-5 years of relevant experience and expertise in regulatory requirements.

Benefits

Competitive compensation

Comprehensive benefits plan

Opportunities for internal training

Support for community involvement

Qualifications

• 3-5 years of experience at a financial institution or regulated dealer.
• In-depth knowledge of regulatory and compliance requirements.
• Comprehensive understanding of IIROC dealer rules.

Responsibilities

• Support the governance of GBM&T Compliance Canada.
• Foster relationships with internal and external stakeholders.
• Assist in responding to regulatory inquiries.

Skills

Teamwork

Interpersonal skills

Conflict resolution skills

Strong analytical skills

Strategic thinking

Excellent oral communication

Excellent written communication

Education

Post-Secondary education

Securities licenses (e.g., CPH, TTC)

Tools

Excel

Macros and custom coding

Job description

Senior Compliance Officer, Programs, Global Banking & Markets and Treasury Compliance Canada

Requisition ID: 241238

We are committed to investing in our employees and helping you continue your career at Scotiabank.

Contributes to the overall success of the Global Banking & Markets and Treasury (“GBM&T”) Compliance Canada Program. The Senior Compliance Officer will work closely with the Senior Manager, Programs & Monitoring, the GBM&T Compliance Canada team and a diverse set of stakeholders to provide ongoing support of the Global Banking and Markets (“GBM”) and Group Treasury (“GT”) Canada Compliance programs in line with Global Compliance’s strategy and initiatives.

Is This Role Right for You?

• Focus on the Regulatory Relationship pillar within Compliance, foster and maintain collaborative relationships with key internal and external stakeholders including Global Compliance, regulators, and GBM and GT business leaders to support the achievement of initiative deliverables and overall objectives
• Assist the Senior Manager in providing engagement planning and responding to Compliance Testing, Internal Audit, and third-party regulatory reviews/inquiries/examinations
• Assist the Senior Manager in responding to time sensitive Requests for Information (RFIs) related to GBM business activity, such as investment banking deal transactions, or trading activity requests.
• Support the development and maintenance of internal documents including procedures for the GBM&T Compliance Canada program
• Assist in governance administrative tasks such as business line allocation for budgeting, transfer pricing inputs, business continuity plan testing, and the coordination and logistics management for various reoccurring tasks for the GBM&T Compliance Canada Program
• Assist in maintaining updates in the Global Issues Management system for regulatory Compliance events and issues as required
• Assist with the preparation of GBM&T Compliance Canada reporting, and provide input for other Global Compliance reporting processes
• Assist other team members and with ad hoc requests/provide support as needed in respect of other aspects of the GBM&T Compliance Canada Program
• Develop and maintain a high level of understanding of the products, markets, systems, and regulations necessary to exercise judgement and problem-solve based on regulatory and policy frameworks, as well as awareness of compliance related industry developments.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursue effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Code of Conduct
• Champion a high-performance environment and contributes to an inclusive work environment.

Do You Have the Skills?

• Post-Secondary education and/or professional designations
• Securities licenses, Canadian Securities Course, Conduct and Practices Handbook Course (CPH), Trader Training Course (TTC) and/or the Derivatives Fundamentals Course (DFC) preferred
• Minimum of 3-5 years of related experience at a financial institution and/or regulated securities dealer
• Excellent teamwork, interpersonal and conflict resolution skills
• In-depth knowledge of regulatory and compliance requirements
• Identify external market activity, news and additional factors that may influence trading activities
• Equities, fixed income, listed derivative and OTC derivative product knowledge
• Comprehensive understanding of the Investment Industry Regulatory Organization of Canada (IIROC) dealer rules and Universal Market Integrity Rules, Montreal Exchange Rules, as well as a sound understanding of Canadian provincial securities legislation applicable to trading activities and capital markets
• Proficiency in excel macros, custom coding and desktop tool building capabilities preferred but not required
• Strong analytical and investigative skills and demonstrated ability to operate at a strategic level
• Sound judgment in identifying risks to proactively elevate with relevant senior management
• Excellent oral and written communication skills

What’s In It for You?

• Champion a high-performance environment and contribute to an inclusive work environment.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• A competitive compensation and comprehensive benefits plan.
• An organization committed to making a difference in our communities - for you and our customers.
• You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

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.

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