Senior Manager, GBM&T Compliance Monitoring

Scotiabank•Dallas, TX

1d•Onsite

About The Position

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. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group. Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future! Purpose Compliance Monitoring is a key pillar of the Global Banking Markets and Treasury (GBM&T) Compliance Risk Management Program. The Compliance Monitoring Senior Manager is responsible for overseeing the execution of goals, plans, and initiatives that support GBM&T Compliance program objectives and ensures activities are carried out in accordance with applicable regulations and internal policies and procedures. The GBM&T Compliance Monitoring Program covers global regulatory requirements applicable across Scotiabank’s Capital Markets, Corporate and Investment Banking, Global Transaction Banking, Corporate Functions, and other financial services activities.

Requirements

Minimum of 5 years’ experience in compliance, audit, or regulatory examination support, with hands on experience in testing and monitoring.
Strong knowledge of banking regulatory requirements applicable to financial institutions, including institutional trading and sales, investment banking, investment management, and commercial banking.
Proven project and stakeholder management capabilities, including the ability to manage multiple workstreams, meet tight deadlines, and coordinate across functions.
Excellent communication, collaboration, and relationship building skills, with the ability to work effectively across all levels of the organization.
Highly organized and self directed, with the ability to work independently while contributing effectively within team environments.
College Degree or international equivalent required.

Nice To Haves

Demonstrated experience in capital markets or institutional banking environments, including corporate and investment banking, commercial banking, investment management, or related corporate functions (preferred).

Responsibilities

Strengthen and evolve the GBM&T Compliance Monitoring framework, including maintaining and updating the Compliance Monitoring Standard and related operating procedures.
Support the end to end compliance monitoring lifecycle, including planning, execution, investigation of alerts and breaches, and documentation and reporting of findings.
Lead the annual monitoring planning process, coordinating with stakeholders and leveraging risk assessments and test plans to ensure risk aligned coverage.
Manage the GBM&T Compliance Monitoring operating model, partnering with key stakeholders to ensure effectiveness, consistency, and sustainability.
Provide leadership and direction to the Monitoring program, including prioritization of activities, issue resolution, and decision making in partnership with management.
Collaborate across the Compliance Monitoring & Testing community to share best practices, assess emerging trends, and support business case development and approvals.
Deliver compliance monitoring training to internal stakeholders to promote awareness, consistency, and quality of execution.
Ensure quality assurance and timely completion of monitoring activities, with clear reporting to appropriate governance forums.
Leverage data, analytics, and insights to identify trends, control gaps, and areas requiring enhancement across the compliance control environment.
Build and maintain strong relationships with internal and external stakeholders to support transformation initiatives and effectively communicate deliverables.
Contribute to team effectiveness by ensuring deliverables are in scope, delivered on time, and meet quality expectations.
Apply the Bank’s risk appetite and risk culture to day to day activities and decision making.
Support the design and implementation of monitoring related processes, identifying and managing cross project dependencies and impacts.
Demonstrate strong problem solving and initiative, leveraging creative thinking and effective use of MS Office tools (Word, Excel, Access, PowerPoint), SharePoint, and Power BI.