Senior Manager, U.S. Internal Control, Corporate & Investment Banking

 

 

 

Requisition ID: 205308

 Salary Range: 110,700.00 - 211,800.00 

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.

 

Global Banking and Markets 

 

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

 

Senior Manager FLSS, contributes to the overall success of the front office/first line of defense 1B control group within the United States ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the Corporate Banking (“CB”), Investment Banking (“IB”), Equity Capital Markets (“ECM”), U.S. Loan Syndications, Latam Loan Capital Markets, Debt Capital Markets (“DCM”), Government Finance, Mortgage Capital Markets, Structured Finance Group (SFG), Securitization, Equity Research, and California Representative Office (CalRO) [collectively “private side businesses” “1A”] strategies and objectives. Assist in providing supervisory support and devotes time learning subject matter expertise in the products and services offered by Scotiabank U.S. private side businesses. Assist to ensure all activities conducted are in compliance with governing regulations, internal policies, and procedures.

What You’ll Do 

 

• Provide support to the private side businesses (1A) as it relates to compliance, regulatory, and risk topics.
• Help to create risk awareness with the 1A on non-financial risks, controls, and supervision procedures. 
• First point of contact and coordination for internal and third-party testing of the businesses, including audit reviews, compliance testing reviews, first line testing, and other ad-hoc testing and reviews.
• Review potential findings by working with 1A to formulate responses including issues wording, severity, ownership, establish action plans, and due dates. Coordinate cross functionally to implement action plans within the due date.
• Manage, track, and facilitate remediation efforts for 1A owned testing and audit action plans. Liaise with the specific issue owners for periodic updates and manage the audit closure process. 
• Assist relevant business units in regulatory examinations and inquiries from SEC, FINRA, NYSE, NY Federal Reserve, US Treasury Department, and California Financial Regulator.
• Build, cultivate and deepen cross functional stakeholder relationships to enable increased speed and efficiency in resolving issues.
• Responsible for performing delegated supervisory tasks from the 1A consistent with the established Supervision framework and Written Supervisory Procedures (WSP). Update WSPs as necessary in coordination with compliance groups. Report and discuss findings, in addition to other management information, in the periodic management meetings to maintain appropriate 1A oversight of the business.
• Create and maintain procedures and guidance to operationalize compliance policies, intern