Associate Director, GBM Operational, Regulatory and 1st Line Reviews and Investigation

Requisition ID: 121063

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

Associate Director, GBM Regulatory and 1st Line Reviews and Investigation

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.

Purpose

Are you passionate about Capital Markets and have a strong background in data analysis and operational controls? If so, we are seeking out an experienced, data-driven Associate Director to join our Investigations and Recordkeeping team within Global Banking and Markets (‘GBM”). As an Associate Director you will lead and support critical regulatory, operational and legal investigations within Capital Markets, leveraging data analytics tools and concepts. Additionally, you will support GBM in its efforts to establish a best-in-class recordkeeping program by leading and supporting recordkeeping programs and workstreams. As a experienced leader in GBM, you will also coach and lead our team of associates in ensuring operational excellence within our group processes and procedures.

• Execute reviews, analysis and investigations of operational process and control breakdowns across GBM of incidents with a potential regulatory impact
• Perform data analysis for incidents, utilizing a repeatable and scientific methodology to determine incident impact and suggest findings
  • Report the results of the reviews, investigations, and status of corrective action plans to GBM senior management and relevant stakeholders
  • Track issues identified and the corrective action plans until full resolution of investigations and reviews
• Contribute to the development, implementation, and maintenance of GBM’s records management program, in compliance with the Banks’s records management Framework, Policies, Procedures and Guidelines in coordination with Risk Management, Compliance, Technology and Record Owners
  • Participate as a member of the team to innovate and create ways to identify, retain, retrieve and dispose of records in an efficient and effective manner.
  • Lead the documentation and maintenance of procedures and standards in collaboration with Compliance, Technology and other control and support functions for recordkeeping requirements.
  • Act as a global records management subject matter expert for GBM
  • Coordinate with stakeholders on periodic testing and validation of recordkeeping requirements
  • Act as the escalation point for incidents related to recordkeeping requirements, investigate, and develop remediation plans and track through to completion
• Assist in the production of relevant, accurate, and comprehensive information in response to regulatory inquiries
• Support the creation and review of holistic dashboards and reports for GBM senior management and executive committees, including KRI, KPI and other operational risk metrics in collaboration with stakeholders
• Support a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Other duties and projects as may be assigned from time to time.

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.