Job Description

Requisition ID: 216536
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose
Supports in preparation and oversight of the execution of regulatory uplift/remediation projects. Includes developing an understanding of onboarding procedures of regulatory regimes, preparing remediation procedure docs and outreach templates for stakeholder review & approval, and leading the maker/QC analysts during remediation projects.
Is this role right for you? In this role, you will:

• Support the Director in developing the remediation procedures and outreach templates/strategies and tracking client queries to ensure timely responses
• Support the Senior Manager with weekly/monthly reporting using tools such as Microsoft Excel, PowerPoint etc.
• Works independently and in partnership with other internal stakeholders to deliver on derivatives regulatory requirements. Demonstrates knowledge of documentation requirements necessary to address regulatory requirements from a remediation perspective.
• Quality assurance of remediation reviewing validation tests and data reconciliation results across internal systems to identify gaps and recommend solutions as per the policies and internal controls set by the Department; escalates issues to the Management when necessary
• Identifies opportunities to coordinate with other remediation / onboarding / offboarding / PR initiatives regarding client touchpoints completion of overlapping clients for review
• Prepares status and periodic reports to stakeholders as may be required
• Champions a high-performance environment and contributes to an inclusive work environment.
• Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions

Do you have the skills that will enable you to succeed in this role? Wed love to work with you if you have:

• Minimum 3-5 years working experience with Capital Markets and financial services industry within client derivative regulatory onboarding space.
• Strong understanding of Regulatory Requirements across but not limited to Dodd Frank, CFTC, EMIR
• Ability to oversee remediation efforts and coordinate with internal teams
• Previous experience with managing complex issues, problem solving and having ownership over work
• Previous experience with testing derivative regulatory requirements, including data analysis and document review
• Strong experience in Client Service, expectation to frequently engage with clients
• Experience managing a team of analysts who execute remediation on Derivative clients, including experience with handling team workload management, queries/escalations, and progress tracking

Work Arrangement: This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.
Interested?
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What's in it for you?
Scotiabank wants you to be able to bring your best self to work and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location(s): Canada : Ontario : Toronto
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 . 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.