Senior Analyst, Global Testing Oversight, GBMT Compliance

About the role

The Senior Analyst, Global Testing Oversight, GBMT Compliance, contributes to the overall success of the Global Banking Markets and Treasury (GBM&T) Compliance Department by overseeing and reporting on the status of the overall GBM&T Compliance Testing Program. The role works closely with the Managing Director, Global Head of Central Compliance & Head of Compliance Testing, GBM&T, the Global Testing Center of Excellence, and the Regional Heads of Compliance Testing to prioritize, document, and track "run the bank" and "change the bank" requirements/commitments related to the Testing program.

Responsibilities

• Work with cross-functional teams within the GBMT Compliance Testing community to ensure best practices are shared, new trends are evaluated/implemented, and business cases analysis, with results presented for approval to become best-in-class
• Provide support as needed for any remaining Remediation Testing activities across GBMT Compliance Testing
• Coordinate the development of GBM&T Compliance Testing Annual Plan (the “Annual Plan”), work with regional/enterprise-wide Compliance Testing to report on key messages, document meaningful inputs, and ensure internal practices alignment.
• Perform the operational risk self-assessment of GBM&T Compliance Testing function (e.g., Effectiveness Self-Assessment).
• Provide input into developing and enhancing current global testing processes, process maps and procedures.
• In consultation with Compliance Testing management, create and drive effective communications to internal stakeholders as well as within the Compliance department.
• Support the Managing Director, Global Head of Central Compliance & Head of Compliance Testing, GBM&T in developing and tracking the Compliance Testing annual budget, highlighting resource or capacity concerns and other relevant resource needs.
• Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Establish sound business relationships by working with internal and external stakeholders to address or facilitate ad hoc and committee material requests.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Run a “Testing Center of Excellence” for GBMT Compliance, highlighting lessons learned, and opportunities for continuous improvement.
• Actively pursue effective and efficient operations of their 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, and conduct risk.

Requirements

• At least 1-3 years of experience in compliance testing, internal/external audit, business or risk management role in global financial institution engaged in corporate banking and institutional trading & sales activities (including securities, futures, and over-the-counter derivatives) required.
• At least 1-3 years of experience in budgeting, annual planning and project management required.
• General knowledge of testing processes and methodologies.
• Exceptional organizational and time management skills are essential for the role.
• Excellent communicator in both the written and oral form. Understands how to approach communication from a strategic perspective. Ability to create clear, convincing, and well-organized presentations and communications.

Qualifications

• College Degree or international equivalent required.