Job Description

Requisition ID: 184152

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Posted pursuant to Scotiabank\xe2\x80\x99s Special Measure Program under the Employment Equity Act and Canadian Human Rights Act.

While you must be an Indigenous person in order to submit your resume, participation is completely voluntary. Please use the definition below to make sure you\xe2\x80\x99re eligible and open to self-identifying as Indigenous person:

Indigenous Peoples include First Nations, M\xc3\xa9tis and Inuit people. Only those Indigenous peoples who come from Canada should identify themselves as belonging to this designated group.

Scotiabank provides extended benefits to Indigenous employees aimed at supporting and promoting their culture.

Job Purpose

The Regulatory reporting team manages and oversees financial regulatory reporting for the Bank and assigned subsidiaries. The Senior Analyst prepares and submits a subset of the team\xe2\x80\x99s returns ensuring complete, accurate and timely completion in accordance with instructions provided by regulators as well as established procedures and deadlines.

Accountabilities
Regulatory Reporting
Manage the production of assigned regulatory returns at the Bank and/or subsidiary level ensuring completeness, accuracy and timely filing of all financial reports with the Regulators (e.g., OSFI, Bank of Canada, Statistics Canada, CDIC), and keeping abreast of regulatory changes.

Interpret and implement new reporting requirements and manage the implementation of system and procedural changes to ensure compliance with new regulatory requirements.

Regulatory Reporting Target Operating Model (RRTOM) related activities
Document business requirements for assigned returns, design test cases and monitor UAT for system implementation and participate in various types of testing

Financial Reporting
Manage the production of information for assigned financial statements notes ensuring that procedures and processes reflect the latest requirements and ensure adequate controls exist to validate the accuracy and completeness of the disclosures.

Accounting and Other Initiatives
Participate, as required, in accounting and other initiatives impacting financial regulatory filings, including new or enhanced systems, changes in accounting standards, new products or acquisitions and disposals
SOX Compliance/Process Improvements
As a SOX process owner for stated responsibilities, ensure strong process controls are implemented and documentation is prepared and updated regularly for Financial and Regulatory processes. On an ongoing basis, ensure processes are reviewed regularly and enhanced where required.

Change Management:
Embrace and drive change as required. Identify opportunities to improve efficiency and propose changes to the management.

Other projects and initiatives as required.
Manage ad- hoc projects as assigned by the management or other areas in the group

Education / Experience / Skills required

• Post-secondary education in a related discipline or equivalent experience is required
• Pursuing an accounting designation and/or prior experience working in a regulatory reporting environment will be an asset
• Knowledge of IFRS and financial regulatory requirements with strong understanding of financial and management accounting principles
• Related working experience and/or knowledge of returns filed to various regulators are an asset (e.g. M4, Z4, other OSFI and Bank of Canada returns)
• Good analytical, conceptual and problem-solving skills
• Good knowledge of regulatory requirements, with ability to adapt as requirements change
• Ability to multitask with conflicting priorities, time and resources
• Good time management and organizational skills with the ability to work under tight time constraints
• Solid communication and interpersonal skills
• Good team building skills, working with diverse groups to resolve issues and identify efficiencies
• Ability to develop and leverage strong relationships with key business partners
• Strong PC skills with emphasis on Excel, PowerPoint and Word
• Sound knowledge of the Bank\xe2\x80\x99s reporting systems such as OBI/EGL/RRS \xe2\x80\x93 nice to have
• Ability to understand controls in and around systems, ensuring implementation of changes, ongoing maintenance or strengthening of the control environment

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Location(s): Canada : Nova Scotia : Halifax || Canada : New Brunswick : Moncton || Canada : New Brunswick : Saint John || Canada : Newfoundland and Labrador : St John\'s || Canada : Nova Scotia : Antigonish

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.

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