Manager, Regulatory Obligations & Controls

About the role

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.

The Manager, Regulatory Obligations & Controls, US Compliance supports the U.S. operations of The Bank of Nova Scotia, Scotia Capital (USA) Inc., and their affiliates by helping manage a sustainable framework of internal controls to meet U.S. legal and regulatory requirements.

Responsibilities

• Supports the U.S. Regulatory Library and Controls Inventory, including oversight of regulatory content solutions, coordination with U.S. business line compliance officers and business support personnel, and periodic updates to regulatory obligations and associated controls.
• Coordinates with the Global Compliance project team and supports team members in contributing to the continued enhancement of the global database housing regulatory requirements, obligations, and risk-related controls applicable to the Bank’s U.S. operations.
• Provides day-to-day oversight and guidance to support team execution of processes, systems, and standards used to map and update applicable legal and regulatory requirements to relevant policies, procedures, and internal controls in accordance with U.S. regulatory expectations and business/control function requirements.
• Supports implementation and ongoing management of a global, cross-divisional framework for identifying and tracking legal and regulatory requirements, policies and procedures, and related internal controls.
• Partners with the Regulatory Controls Management team to drive continuous enhancement of the regulatory change management framework, including identifying legal and regulatory developments, assessing impacts to policies, procedures, and controls, and coordinating change management processes for the Firm’s U.S. operations.
• Supports team analysis, reporting, and issue resolution related to the U.S. Regulatory Library and Controls Inventory, including helping prioritize inquiries, reviewing outputs, resolving escalated questions, and identifying data quality or process gaps.
• Provides oversight and guidance in the development and implementation of compliance policies, procedures, and related internal controls consistent with legislative and regulatory requirements, supervisory expectations, emerging trends, and industry best practices.

Qualifications

• Bachelor’s Degree required, preferably in Finance, Business Administration or a quantitative field.
• MBA or other relevant advanced degree required.
• Prior experience providing people leadership, coaching, day-to-day management support, or oversight of analysts, contractors, or project resources preferred.
• A minimum of 5 years of banking compliance, regulatory obligations, controls, regulatory change management, or related risk management experience, preferably with a major international banking organization.
• Advance proficiency in Word, Excel, PowerPoint, and Power BI.
• Proven track record in data analytics and data mining, with extensive experience in managing and manipulating large databases to drive efficiency and insights.
• Demonstrated project management experience, including ability to support team execution, manage stakeholders, prioritize deliverables, remove barriers, and drive execution across multiple complex initiatives.

Skills

• Outstanding communication and stakeholder management abilities, with the ability to work independently, support team members, influence outcomes, and engage effectively with senior management.
• Sound judgment in identifying risks in order to proactively escalate with relevant senior management.
• Highly organized and capable of dealing with multiple, complex projects simultaneously.
• Ability to deal with time sensitive requests, competing priorities and fluctuating email volumes.
• Ability to maintain high standards of professionalism, performance, confidentiality, integrity, timeliness and efficiency at all times.