Senior Accountant, U.S. Broker Dealer Regulatory Reporting

Purpose

Contributes to the overall success of the Scotia Capital (USA) Inc. Finance & Regulatory team in the United States ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.

Ensure all activities conducted are in compliance with governing regulations, internal policies and procedures.

What You'll Do

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Supports the preparation of the core regulatory reports required to be produced by a Broker Dealer, such as: FOCUS (Balance Sheet, Net Capital), 15c3-1 Daily Net Capital, 15c3-3 Daily Customer Reserve Comp Supplemental FINRA reporting, TIC, FRY-15, CUSO US Dept. of Commerce Survey, BE-605 and BE-185 Bi-Monthly Short Interest Reports to FINRA.
• Affords assistance in the development of procedures and flowcharts covering the preparation of the monthly FOCUS report, regulatory capital and client protection processes, and FRB reporting for TIC and Y-15.
• Attends industry conferences and training events to stay up to date on any new rules or regulation changes that can impact the broker dealer.
• Affords assistance in the preparation in daily and monthly analytics, quarterly board packages, and other various management packages.
• Affords assistance to Manager(s) and Senior Manager(s) in both audit requests, and regulatory ad-hoc requests from regulators, external/internal auditors and FOR A.
• Develops and enhances internal work papers to make process more efficient.
• Supports the Senior Manager, in working with Risk, Operations, Front Office, and Treasury in finding solutions to maximize the SCUSA balance sheet, reduce capital costs and grow the business while remaining in capital compliance.
• Works with the key business support partners in learning and gaining an understanding of the business that’s supported, to become effective and ensure the team is getting the right data.
• 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.
• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Uses technology to tactically and strategically automate regulatory filings (i.e., 15c3-3 Customer Reserve, FR Y 15, FINRA Supplemental Reports) to increase, resiliency, transparency, and accuracy.

What You'll Bring

• Accounting or Finance Degree
• Knowledge of Finance/Accounting Principles
• Excellent Communication and interpersonal skills
• Computer skills with proficiency in MS Office software
• Must be organized and able to multi-task
• Familiarity with pivot tables and macros and understand how critical data elements impact downstream reporting
• Function in a matrix reporting and management by objective structure
• Be looking forward to and introduce use of AI to streamline day to day process