Purpose

Reporting into the Director of Global Compliance Trade Surveillance Governance and Strategy (“GCTS G&S”), the Senior Manager is responsible for the development and management of the GCTS program governance in compliance with governing regulations, internal policies and procedures, Service Level Agreements and enterprise standards.

Accountabilities

• Maintaining deep knowledge & understanding of industry issues and practices, regulatory requirements and associated changes.

• Engaging with trade surveillance professionals to understand the regulatory requirements and leverage subject matter expertise when creating and/or updating procedures aligned with enterprise standards, applicable industry regulations and reflective of rule changes from various regulatory bodies.

• Lead the risk assessment of existing procedures and manage the ongoing update of procedures in accordance with the results of the risk assessments.

• Supporting the overall design and implementation of enhancements to the GCTS G&S program including updates to governance processes and execution on elements of projects to enhance the program leveraging industry best practices.

• Driving the development and delivery of communication and socialization strategies of new procedures and related training including review of program training materials and global training strategy to ensure alignment with enterprise standards.

• Coordination of internal and external regulatory examinations and findings resolution monitoring / reporting.

• Support development and implementation of internal communication strategies and reporting to help the team achieve its business objectives.

• Drive implementation of enhancements and develop KRIs and KPIs to monitor the effectiveness of the GCTS program.

• Act as the Champion in safeguarding the program’s risk framework and its governance by leading risk and control meetings and monitor appropriate documentation and maintenance of record keeping in accordance with the requirements.

• Driving the overall design and implementation of enhancements to the GCTS Governance and Strategy program including updates to governance processes and execution on elements of projects to enhance the program leveraging industry’s best practices.

• Act as the key resource for the team by supporting the Trade Surveillance management team and assisting the team in the execution of their duties. Act as Subject matter expert for issues involving business divisions, Operations, Finance and any other external group as required.

• Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment, communicating vision/values/business strategy and managing succession and development planning for the team.

• 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 his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.

Education/Experience

• Excellent written and verbal communication skills required.

• Experience building procedures, standards and methodology governance is required.

• Post-Secondary education and/or professional designations

• Securities licenses, Canadian Securities Course, Conduct and Practices Handbook Course, and/or the Trader Training Course or equivalent preferred but not required

• Minimum of 5-7 years of related experience at a financial institution and/or regulated securities dealer

• Able to work independently and with other staff across functional lines within the Bank

• In-depth knowledge of regulatory and compliance requirements

• Identify external market activity, news and additional factors that may influence trading activities

• A comprehensive understanding of the Investment Industry Regulatory Organization of Canada (IIROC) dealer rules and Universal Market Integrity Rules, Montreal Exchange Rules, Financial Industry Regulatory Authority (FINRA) rules, as well as a sound understanding of Canadian provincial securities legislation applicable to trading activities and capital markets, Dodd-Frank Act, Volcker Rule and MiFID II or MAR is preferred but not required.