Senior Manager, Global Compliance Monitoring, Governance, & Oversight

Scotiabank; Toronto; On-site; CAD 85,000 - 120,000; Full time

Job summary

Scotiabank seeks a key player for its Compliance Monitoring team in Toronto. In this role, you will ensure compliance with regulations while leading oversight initiatives and managing partnerships across various units. This opportunity calls for a results-driven leader with strong analytical skills and experience in compliance or auditing. Join a diverse team committed to achieving success through a customer-focused approach.

Qualifications

• Experience in Compliance, Testing, Audit, or Quality Assurance.
• Strong analytical and reporting skills, especially in Excel analytics.
• Experience leading central oversight in compliance functions.

Responsibilities

• Oversee the implementation of the Monitoring program globally.
• Lead oversight activities and effective challenge in compliance.
• Utilize analytics to identify patterns in compliance controls.

Skills

Analytical skills

Reporting skills

Leadership

Education

Bachelor’s degree

Master’s degree preferred

Law degree preferred

Tools

Excel

PowerBI

Job description

Requisition ID: 222961

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

Purpose

Contributes to the overall success of the central Compliance Monitoring team in Canada ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

Accountabilities

• Responsible for overseeing the implementation and coordination of the Monitoring program globally

• Lead 2nd line Oversight and Effective Challenge activities to enhance monitoring program oversight capabilities and produce oversight reports.

• Coordinate the implementation of processes to test the design and operational effectiveness of Monitoring activities as part of Monitoring Effectiveness Assessment activities.

• Regularly utilize analytics and insights for aggregated monitoring activities to analyze existing capabilities and identify patterns, themes, or trends in compliance controls that may indicate weaknesses or gaps.

• Interpret and apply regulations and their requirements to assess the monitoring and surveillance controls across business lines, identifying key priority capabilities to be implemented.

• Lead efforts to document and update the Compliance Monitoring policies, standards, and procedures.

• Supports implementation of the target operating model (including. methodology, people, process, tech, data) for the priority monitoring and surveillance capabilities.

• Partner with Compliance Subject Matter Experts, Technology, and Data analytics Specialists to help deliver the monitoring program & generate meaningful insights.

• Lead initiatives and deliver long-term sustainable impact by leveraging deep Monitoring expertise.

• Support Monitoring teams across 1st and 2nd lines of defense by providing visionary direction and decision-making, identifying and prioritizing tasks, clearing issues, and reviewing deliverables

• Work closely with internal and external stakeholders to build partnerships, create a shared vision and commitment for transformation and effectively communicate deliverables to all stakeholders.

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

• 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.

• Champions a high-performance environment and contributes to an inclusive work environment.

Education/Experience

• Previous experience within either in Compliance, Testing, Audit, and Quality Assurance functions

• Strong analytical and reporting skills, with professional expertise in Excel analytics for handling large amounts of data. This expertise is critical for success in this role. (PowerBI skills are an asset but not required)

• Experience leading central oversight and effective challenge within a 2nd line functions

• Specific experience working within Monitoring / Surveillance programs is preferred

• Bachelor’s degree required; Master’s degree preferred. A law degree is preferred but not required.

• Driven and results oriented with proven track-record of leading change in previous roles

• Led large teams and end to end delivery for the global financial institutions

• Excellent verbal and written communication skills

• Enthusiastic leader; with ability to help others thrive in a team-oriented environment

• Holding relevant certification will be an asset but not mandatory (e.g. CSC, CPA, CFA)

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.