Senior Compliance Officer, Global Control Room Information Barriers Surveillance

Scotiabank•Toronto, ON

6d•Onsite

About The Position

Contributes to the overall success of the Global Information Barrier Surveillance Program within the Global Control Room by maintaining Information Barriers to safeguard sensitive, confidential, and material non-public information within the Bank. Ensuring all activities are conducted in compliance with governing regulations, internal policies, and procedures.

Requirements

Post-Secondary education and/or professional designations.
A minimum of 3 years of relevant experience in an institutional business or compliance setting in a large financial institution, established securities dealer or regulatory agency.
Knowledge of industry practices regarding institutional compliance matters.
Institutional, corporate banking, treasury, capital markets, compliance, regulatory or audit experience.
Self-motivated; ability to work both independently and collaboratively with multi-functional teams.
Excellent communication (oral and written) and interpersonal skills required.
Highly organized and capable of dealing with multiple, complex projects simultaneously.
Ability to deliver results in a fast-paced, challenging, and dynamic business environment.
Sound judgment in identifying risks to proactively escalate with relevant senior management.

Responsibilities

Support the development and implementation of the Global Information Barriers Surveillance program for the GBM&T and Global Control Room, in relation to reviews and escalations against the Watch Lists and the Restricted Lists for Inventory Trading / Employee Trading Reviews and E-Communication Lookback Surveillance.
Monitor the functions for Surveillance in the Global Control Room, identifying key risk indicators and assessing and testing the adequacy of controls, identifying non-compliance with compliance programs and making recommendations for and implementing appropriate corrective action or process improvements.
Recommend, where applicable, enhancements to the Surveillance program along with developing new areas of review and completing other duties and projects as assigned.
Assist the Senior Manager in the development of internal policies and procedures to enhance the effectiveness of program delivery and reflect changes in regulatory requirements.
Identify opportunities to use technology to enhance program delivery for the Surveillance processes, including liaising with internal development teams and assisting with process automation for conducting the Surveillance program.
Assist with other duties and projects in the Global Control Room including acting as back-up for another Senior Compliance Officers when required.
Champion a high-performance environment and assist in the implementation of a people strategy that attracts, retains, develops and motivates the team by fostering an inclusive work environment.
Assist in the preparation of responses to inquiries from regulatory bodies as they relate to the Surveillance function.
Collaborate with managers, business analysts, and developers both internally and externally to drive the delivery of projects on time and within budget.
Contribute to the delivery and successful implementation of new technology by facilitating and performing end-user testing, data validation and normalization, end user procedures, aides and training materials and consideration of all key aspects of the project.
Provide ongoing updates, support, and product training to the members of the Surveillance team throughout the various stages of product testing and implementation.
Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Understand the Bank’s risk appetite and risk culture in relation to day-to-day activities and decisions.
Actively pursue effective and efficient operations 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 today business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.