Senior Manager, Corporate Functions Compliance Officer – Finance and Operations
City : New York City, NY, US, 10281
Category : Business and Financial Operations
Industry : Finance
Employer : Scotiabank
Requisition ID: 178540
Salary Range: 106,400.00 - 203,600.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The objective of this position is to provide targeted compliance coverage, (i.e., advice, monitoring, training and other general compliance-related support) to the US Corporate Functions (e.g., Finance, Operations, IT, Human Resources) of The Bank of Nova Scotia (the “Bank”), US Scotia Capital (USA) Inc. (“SCUSA”), and their affiliates (collectively “Scotiabank”). An emphasis will be placed on ensuring that the corporate functions supporting Scotiabank are complying with applicable laws, regulations and SRO rules and have appropriate policies, procedures and controls relating to such requirements.
Is this role right for you? You will be responsible for:
- Responsible for developing and implementing a comprehensive compliance program for the U.S. Corporate Functions in coordination with other compliance teams including Enterprise Compliance, Global GBM Compliance, US Compliance advisory teams, and the US Compliance Controls & Processes team.
- Work with Finance, Operations, Risk, Human Resources, Tax, Legal and Corporate Secretary with a focus on operational regulatory processes, customer protection, regulatory reporting, and supervisory processes.
- Ensure that corporate function areas have (and maintain) appropriate policies, procedures, and controls that address applicable laws, regulations, SRO rules, and industry best practices and monitoring adherence with such policies, procedures and controls.
- Assist Compliance testing team to (i) identify high risk areas within US Corporate Functions processes, (ii) develop effective testing methodologies, (iii) complete testing reviews in a timely manner, and (iv) prepare clear and accurate test results with actionable recommendations.
- Identify training needs and develop training materials and programs designed to ensure that corporate functions areas have a high level of awareness of applicable legal/regulatory obligations.
- Assist with reviews and investigations of potential violations or breaches of applicable laws, regulation or internal policies involving corporate functions processes, including assisting with the identification of root causes and the development and implementation of remediation plans.
- Provide regular reports to Bank/SCUSA management, US Corporate Functions management and Compliance management and escalate any material matters to senior compliance officers and senior management as appropriate.
- Assist the Regulatory Relations team with regulatory examinations and inquiries including Federal Reserve Board, FRBNY, New York State Department of Financial Services, SEC, FINRA and liaison with counsel and auditors.
- Maintain an awareness of and monitor the regulatory environment for emerging legislation and policy statements, along with relevant trends and industry best practices applicable to the Bank/SCUSA through review of publications, participation in industry associations, contact with regulators, and liaison with counsel and auditors.
- Other duties and projects as may be assigned from time to time.
Do you have the skills you need to succeed? We'd love to work with you, if you have:
- A minimum of 10 years of compliance or related corporate function experience, preferably supporting Finance, Operations or Risk.
- Good understanding of applicable Federal and State laws for non-US banks operating in the US, SEC registered broker-dealers, futures commission merchants, swap dealers and registered investment advisors.
- Outstanding written and spoken communication abilities
- Expert knowledge of broker-dealer financial responsibility rules.
- Familiarity with third party vendor management best practices.
- Excellent teamwork, interpersonal and conflict resolution skills
- Highly organized and capable of dealing with complex projects
- BA or international equivalent.
- Securities licenses, e.g., Series 24, 27, 99 strongly preferred, but not required
- Strong computer skills i.e. Microsoft Office.
Location(s): United States : New York : New York City
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.