Senior Manager, Compliance Advisory - Corporate Functions Compliance

Scotiabank; Toronto; On-site; CAD 120,000 - 180,000; Full time

Job summary

Scotiabank is seeking a Senior Manager, Compliance Advisory to shape and advance our Global Compliance Program within Corporate Functions. You will oversee risk management, regulatory compliance, and governance across Canadian Banking and global teams.

In this role you will provide ongoing compliance guidance, collaborate with internal/external stakeholders, and support audits and regulatory inquiries to strengthen the compliance framework.

Qualifications

• Post-Secondary education with relevant experience in the financial services industry.
• Strong relationship management, organizational, communication and interpersonal skills.
• Strong analytical and communication skills, results orientated, and leverages data analytics to support decision making.
• Experience using analytics to identify areas of risk and opportunities for improvement.
• Strong knowledge of Microsoft applications (Word, Excel, PowerPoint).
• Proficient working knowledge in OpenPages, GIMS, SharePoint.

Responsibilities

• Enables a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Protect the Bank and enable client primacy objectives by supporting compliance programs across diverse teams and geographies.
• Maintain the Operating Model for Canadian Banking and Corporate Functions, applicable standards, policies, procedures and related documentation relevant to Compliance.
• Maintain awareness of regulatory and industry developments to proactively mitigate compliance risks by properly identifying emerging risk regulations and technologies.
• Advise and counsel on the implementation and execution of the RCM program activities ensuring alignment with CMF.
• Support executive decision-making through timely identification and escalation of regulatory compliance matters.

Skills

Regulatory knowledge

Risk assessment

Stakeholder management

Data analytics

Communication

MS Office

Education

Post-secondary education in finance

Tools

OpenPages

GIMS

SharePoint

Job description

Title: Senior Manager, Compliance Advisory - Corporate Functions Compliance

Requisition ID: 276020

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

Purpose

The Senior Manager, Compliance Advisory, plays a pivotal role in shaping and advancing our Global Compliance Program. This position Contributes to the oversight of the Global Regulatory Compliance Management (RCM) Program to ensure business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.

Accountabilities

• Enables a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Protect the Bank and enable client primacy objectives by supporting compliance programs across diverse teams and geographies
• Leverage broader Bank relationships, systems, and knowledge to enhance risk identification and improve the Compliance program.
• Maintain the Operating Model for Canadian Banking and Corporate Functions, applicable standards, policies, procedures and related documentation relevant to Compliance.
• Maintain awareness of regulatory and industry developments to proactively mitigate compliance risks by properly identifying emerging risk regulations and technologies.
• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Have ongoing monitoring and interactions with risk owners, including meetings, attendance at select committees and review relevant reporting
• Assess Risk Profiles: Offer informed opinions on compliance risk across Canadian Banking and Corporate Functions and maintain documentation that meets standards.
• Independent Oversight: Supports risk owners and provides effective challenge to strengthen the Banks regulatory compliance management framework.
• Advice and Counsel: Provide ongoing compliance advice with respect to the implementation and execution of the RCM program activities ensuring alignment with the Compliance Management Framework (CMF).
• Support executive decision-making: Through timely identification and escalation of regulatory compliance matters allowing for informed decision making.
• Partner on Reviews and Audits: Collaborate on internal audits, external reviews, and regulatory inquiries to maintain transparency and accountability.
• Supports Issue Remediation: Support the resolution of internal, external, and regulatory compliance matters.
• Support Insightful Reporting: Coordinate and prepare executive-level reporting utilizing analytics, key metrics insights and provide insights on ongoing compliance themes that impact the Bank’s compliance risk profile.
• Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct, and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions, and conduct risk.

Education/Experience

• Post-Secondary education with relevant experience in the financial services industry, preferably within Global Risk Management Function, Business Line, Regulatory Compliance or Audit.
• Strong relationship management, organizational, communication and interpersonal skills.
• Strong analytical and communication skills, results orientated, and leverages data analytics to support decision making.
• Experience using analytics to identify areas of risk and opportunities for improvement.
• Strong knowledge of Microsoft applications (including Word, Excel, and Power Point).
• Proficient working knowledge in systems and platforms such as OpenPages, Global Issues Management System (GIMS), SharePoint.

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.