Manager, Programs, Asset Management Compliance

Scotiabank•Toronto, ON

2d•Onsite

About The Position

Contributes to the overall success of the Asset Management Compliance Program ensuring individual goals, plans, initiatives are executed and delivered in support of the team’s business strategies and objectives. The Manager executes activities to manage and administer the Asset Management Compliance Program, ensuring all activities conducted are compliant with governing regulations, enterprise requirements, and internal policies and procedures.

Requirements

University or college education is preferred.
Minimum of 4 years relevant work experience in the financial services industry, preferably within a regulatory compliance, audit or risk management function.
Experience in managing one or more of the end to end processes associated with compliance issues management, regulatory developments, compliance risk and controls assessments, and regulatory obligation and controls libraries, ensuring books of record are completed timely with accurate and updated information.
Proven experience identifying key risks and issues in programs, project scope and delivery timelines, and conducting analysis to resolve risk factors.
Experience in regulatory reporting and dealing with regulators is an asset.
Excellent written and verbal communications skills, including an ability to communicate effectively with stakeholders. across numerous functional groups (e.g. 1A and 1B teams, Compliance, Risk etc.).
Experience managing projects and programs, including ability to translate a task or vision into defined requirements and/or action items, and manage the completion and/or coordination of activities to ensure timely results.
Experience performing gap assessments, including developing and tracking of action items to close any gaps,
Experience developing effective reporting and presentation decks.
Strong attention to detail ensuring accuracy of data inputs and consistency across data platforms.
Demonstrated ability to leverage available resources and think outside of the box to ensure results are achieved effectively, efficiently, and with ease.
Strong planning and analytical skills, ability to prioritize and focus on critical issues.
Prior experience developing procedures, job aids, and/or training.
Thorough knowledge of the MS Office suite.
Highly motivated; demonstrated ability to multi-task and deliver in a fast-paced, challenging and dynamic business environment.
Strong interpersonal skills with the ability to develop working relationships with cross-functional teams.
Experience in managing several ongoing projects and competing priorities concurrently.

Nice To Haves

An understanding of internal controls and control frameworks is an asset.
An understanding of Regulatory Change Management is an asset.
Familiarity with regulatory risk areas for business units within Asset Management is an asset.
Familiarity with Investment Industry and related products/services is an asset.
Familiarity with Regulatory bodies and requirements (OSC, AMF, etc.) is an asset.
Familiarity with Scotiabank policies and procedures across numerous, distinct business units is an asset.

Responsibilities

Provide ongoing support to the Director, Private Investment Counsel & Compliance Programs to ensure Asset Management Compliance is meeting Enterprise Compliance Program requirements (e.g. Regulatory Library, Regulatory Change Management, Issues Management, Risk Assessments)
Works with the Asset Management Compliance teams who oversee multiple asset management businesses to deliver initiatives impacting the Asset Management Compliance Program, including developing, maintaining and implementing improvements to policies, procedures and processes to ensure they meet Global Compliance standards
Assist the Director, Private Investment Counsel & Compliance Programs with the development and maintenance of ongoing reporting provided by the Asset Management Compliance team to senior stakeholders including the Board of Directors and the Senior Management Teams, as well as ensuring this reporting meets the standards and expectations of Global Compliance
Manage and administer the books of records for the Asset Management Compliance team for Enterprise Compliance Programs components
As appropriate, coordinate and maintain oversight on projects, audits, external regulatory reviews and inquiries impacting Asset Management Compliance
Provide support in the execution and/or coordination of Enterprise Compliance and Internal Audit related activities impacting Asset Management Compliance, including compliance testing activities, audit activities, Compliance Risk and Control Assessments (CRCA) and regulatory obligation and control updates
Develop and maintain relationships with stakeholders and business partners to support the achievement of initiatives and overall objectives.
Pro-actively identify potential violations of regulatory requirements, internal policies and procedures, in a timely manner and make recommendations to mitigate business, compliance and operational risk.
Develop and maintains strong knowledge of Scotiabank processes, policies, procedures, applications and products related to the Bank’s risk appetite and culture
Participates in projects and other duties as assigned
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 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, AML/ATF/sanctions and conduct risk.
Champions a high-performance environment and contributes to an inclusive work environment.
Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.