Assistant Manager, Regulatory Operations Control

Requisition ID: 171183

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

Why work for Scotiabank?

Scotiabank is among the largest banks in the world and the most international bank in Canada. We are powered by our 97,000 high-performing teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services. Together with our Digital Factories around the world, we are dedicated to helping our 25 million customers become better-off.

This is a place where you’ll get to learn and develop your skills, while being recognized for your hard work. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. Say hello to a career at Scotiabank!

Global Banking and Markets

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange, and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Position

As the assistant manager is responsible for helping to drive an efficient and effective Regulatory Reporting & Control function within Global Wholesale Operations. The incumbent is responsible for actioning daily controls as well as supporting projects.

Accountabilities

• 
  Ensuring Scotiabank’s trade and transaction reporting activities are in compliance with governing regulations and business requirements in all areas Scotiabank operates (MIFID 2, IIROC, CAT, SFTR)
• Identifying and escalating reporting breaks through daily reconciliation controls.
• Preparing management reports and dashboards for all levels of management.
• Remediating reporting breaks and enhancing controls in partnership with stakeholders. Internal and external stakeholders include Operational Risk Oversight, Technology and Trade Repositories.
• Building and maintaining Subject Matter Expertise by understanding regulatory reporting requirements and knowledge of regulatory reporting/reporting logic across all jurisdictions
• Analyzing the impact of regulatory changes and supporting the necessary changes to internal reporting, reconciliation, and other control processes
• Collaborating with cross-functional teams within GWO to prioritize effort to ensure that regulatory reporting obligations are met in all jurisdictions
• Actively participating and contributing in change management projects/initiatives to ensure that regulatory reporting requirements are working with adequate controls and appropriate metrics are incorporated into the KPI/KRI risk management platform
• Continuously reviewing current processes and identifies opportunities for improvements to promote efficient and effective oversight processes
• Creating and maintaining policies and procedure documents
• Understanding how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

Requirements

• 
  Exceptional business analysis skills and demonstrated success participating project lifecycle. This includes scope definition, business case development, requirements gathering, test script development, deployment, and implementation assistance
• Experience in running daily controls including knowledge of escalation, remediation, and management reporting.
• Knowledge of reporting requirements/reporting logic for various regimes (MIFID 2, IIROC, SFTR, CAT) would be an asset.
• Strong problem-solving, strategic thinking, organizational skills and strong data mining skills
• Demonstrated success working in a demanding and fast-paced environment,
• Advanced communication skills and the ability to clearly and concisely present to senior stakeholders
• Exceptional interpersonal skills with demonstrated ability to gain confidence of stakeholders.
• Strong Technical skills: Power BI, Tableau, Data Structure, Documentation and VBA

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. 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.