Assistant Manager - Regulatory Trade Reporting (6 month contract)

Requisition ID: 199541

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

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

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.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

What You’ll Do

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

• Ensuring BNS trade reporting activities are in compliance with governing regulations and business requirements in all areas Scotiabank operates (CFTC, SEC, CTR, ESMA, FCA, MAS, HKMA, ASIC).

• Identifying reporting breaks (through daily reconciliation activities and/or other controls) and remediating potential reporting issues to mitigate compliance/regulatory risks.

• Partnering with internal (e.g. Technology, Internal Controls, and Compliance) and external (e.g. Trade Repositories) stakeholders on compliance remediation matters and ensuring effective control processes are implemented and followed.

• Understanding reporting requirements and maintaining up-to-date knowledge of regulatory reporting/reporting logic across all jurisdictions

• Analyzing the impact of regulatory changes and implementing necessary changes to internal reporting and control processes that ensure compliance with the reporting obligations in all regions the bank operates.

• 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.

• Provide support during management ad hoc requests, internal audit or testing engagements, and assist with preparation for regulatory audits or queries.

• Continuously reviewing current processes and identifies opportunities for improvements to promote efficient and effective oversight processes.

• Creating and maintaining policies and procedure documents for all internal control processes.

• 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 his/her 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.

What You’ll Bring

• Minimum 1-2 years’ experience in business, compliance, risk, or front office function.

• 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.

• Knowledge of reporting requirements/reporting logic for various regimes (CFTC, SEC, CTR, ESMA, FCA, MAS, HKMA, ASIC) would be an asset.

• Strong ability to understand, analyze, and successfully implement changes to internal processes. Previous success responding to/implementing regulatory change initiatives. This includes taking an active role to analyze the impact of and plan the implementation of reporting changes necessitated because of regulatory changes in the industry.

Work Arrangement: This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.

Interested?

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.