Compliance Manager - Regulatory Obligations and Risk Assessment, Swap Dealer

About the role

The Manager, Regulatory Obligation & Risk Assessment, Swap Dealer and Derivatives Compliance role plays a crucial part in ensuring the firm adheres to regulatory obligations and manages associated risks. This position supports the firm and the Chief Compliance Officer by providing compliance guidance and contributing to the development and enhancement of the Swap Dealer and Security-Based Swap Dealer Compliance programs.

Responsibilities

• Manage and maintain a comprehensive regulatory obligations library for swap dealers, security-based swap dealers, and futures commission merchants, including extraterritorial mapping of obligations to businesses, products, and regions.
• Advise the Internal Controls Inventory Team Leader when reviewing policies, procedures, and document controls designed to address regulatory requirements.
• Partner with central compliance groups to manage and execute quarterly and annual risk assessments by providing subject matter expertise and governance. Collaborate with the CRA team to provide 2A inputs to the compliance risk assessments (CRCA) for swap dealer, security-based swap dealer, and futures commission merchants.
• Afford support to unit-level CRCA and RCSA activities. Contribute to the Swap Dealer Compliance programs by providing input on risk assessment areas of focus, known gaps, and emerging risks.
• Identify and implement process improvements to streamline current practices, enhance swap dealer obligation data quality and reporting, and strengthen compliance risk and control assessments.

Requirements

• Bachelor’s degree required, with a minimum of three years of regulatory, compliance, and/or risk management experience.
• Familiarity with applicable SEC, CFTC, and NFA rules, including requirements relevant to international banks conducting institutional trading and sales, investment banking, investment management, and commercial banking.
• Experience reviewing policies and documenting controls that meet minimum standard requirements.
• Ability to manage multiple projects simultaneously and re-prioritize workloads as necessary.
• Strong analytical skills to understand project goals and translate them into meaningful action.
• Strong analytical and investigative skills.
• Ability to quickly review, assimilate, prioritize, and escalate issues to appropriate stakeholders.
• Solid ability to manage multiple compliance reviews and projects at the same time and meet timely deadlines.
• Strong written and spoken communication abilities.
• Excellent teamwork, interpersonal and conflict resolution skills.
• Highly organized and capable of dealing with complex projects.

Qualifications

• Bachelor’s degree (or international equivalent).
• Knowledge in conducting Compliance Risk Assessments either as a subject matter expert providing ratings or as a member of a CRA team is a strong plus (but not required).
• Ability to speak, read, and write Spanish is preferred.
• Experience managing remote teams in a virtual environment is preferred.

Skills

• Strong analytical and investigative skills.
• Ability to quickly review, assimilate, prioritize, and escalate issues to appropriate stakeholders.
• Solid ability to manage multiple compliance reviews and projects at the same time and meet timely deadlines.
• Strong written and spoken communication abilities.
• Excellent teamwork, interpersonal and conflict resolution skills.
• Highly organized and capable of dealing with complex projects.

Benefits

Scotiabank offers a comprehensive benefits package to support your unique family, financial, physical, mental, and social health needs. This includes, but is not limited to, flexible work arrangements, wellness programs, and opportunities for professional growth and development.

Pay

Competitive compensation and benefits package.

Schedule

Full-time position.