Senior Manager, Regulatory Initiatives Group, Global Wealth Management

Scotiabank; Toronto; On-site; CAD 100,000 - 120,000; Full time

Job summary

A leading bank in the Americas is looking for a Senior Manager in the Regulatory Initiatives Group in Toronto. This role is pivotal in analyzing regulatory developments and shaping strategic responses. Responsibilities include monitoring regulatory changes, leading impact assessments, and collaborating with legal and compliance teams. The ideal candidate has a relevant degree and significant experience in regulatory analysis within financial institutions.

Qualifications

• 5–10 years of experience in regulatory analysis, compliance, or business risk management within financial institutions.
• Experience at a CIRO Dealer Member or OSC Registrant, ideally in asset management or wealth management.

Responsibilities

• Monitor and analyze regulatory changes from CIRO, OSC, OSFI.
• Lead impact assessments of regulations on operations and products.
• Develop briefing materials and position papers.

Skills

Regulatory analysis

Compliance

Business risk management

Strong understanding of Canadian regulatory frameworks

Experience in industry consultations

Education

Relevant university degree

Job description

Requisition ID: 240977

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

The Senior Manager, Regulatory Initiatives Group, will play a pivotal role in analyzing regulatory developments and shaping Scotia Wealth Management’s strategic response. This role focuses on interpreting complex regulatory changes, participating in industry consultations, and contributing to proposals that influence the regulatory landscape. You will act as a key liaison between Scotia Wealth Management and regulatory bodies, ensuring the business remains proactive, informed, and compliant.

In this role you will:

• Monitor, analyze, and interpret emerging regulatory changes from CIRO, OSC, OSFI, and other relevant bodies
• Report on status of regulatory changes and projects to senior executives
• Lead impact assessments of proposed and finalized regulations on Scotia Wealth Management’s operations, products, and services
• Represent Scotia Wealth Management in regulatory consultations, working groups, and industry forums
• Develop briefing materials and position papers to support internal decision-making and external advocacy
• Collaborate with Legal, Compliance, and business units to draft comment letters to all relevant regulators regarding regulatory proposals and consultations
• Collaborate with the Project Management Team to implement and execute regulatory changes
• Provide strategic recommendations to senior leadership on regulatory implementation and views on regulatory trends and anticipated changes
• Maintain strong relationships with internal Scotiabank partners, regulators, and industry associations to stay ahead of developments and align with regulatory implementation

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

• A relevant university degree and 5–10 years of experience in regulatory analysis, compliance, or business risk management within financial institutions
• Experience at a CIRO Dealer Member or OSC Registrant, ideally within asset management or wealth management
• Strong understanding of Canadian regulatory frameworks (CIRO, OSC, OSFI), including National Instrument 31‑103 and the CIRO Consolidated Rulebook
• Experience participating in industry consultations and regulatory working groups

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.