Senior Manager, Swap Dealer and Derivatives Compliance

 

 

 

Requisition ID: 230322

 Salary Range: 117.400,00 - 224.700,00 

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

 

This individual must contribute to the overall success of the Compliance Department by ensuring specific individual goals, plans, and initiatives are executed and delivered in support of the Swap Dealer Compliance team’s business strategies and objectives. This individual must ensure all activities are conducted in compliance with governing regulations, internal policies, and procedures.

This individual will be responsible for compliance and regulatory matters relating to the Bank’s Dodd-Frank Title VII obligations and assisting the BNS Swap Dealer, Scotia Capital U.S.A (“SCUSA”) Futures Commission Merchant (“FCM”), and Security-Based Swap Dealer Chief Compliance Officer in:

 

• the business as usual execution of the CFTC Swap Dealer, SCUSA FCM, and SEC
• Security-Based Swap Dealer (“SBSD”) compliance programs,
• advisory coverage of the global derivatives businesses,
• the implementation of derivatives regulatory change, and
• the remediation of gaps, deficiencies, or required enhancement to existing policies, processes, or procedures

 

What You’ll Do 

 

• Provide advice on relevant regulations and internal policies and procedures to internal stakeholders, including trading and sales personnel and key support functions.

• Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

• Provide training and education to make employees aware of their compliance responsibilities, including conducting formal and informal compliance training, creating training and educational materials (memoranda, presentations, bulletins).

• Monitor and identify regulatory, compliance and industry developments through review of publications, participation in industry associations, dialogue with regulators, and interactions with counsel and auditors.

• Evaluate new products, programs, services and business initiatives to ensure compliance issues are identified and addressed and an appropriate Compliance program to support the initiative is implemented.

• Develop or participate in the development of new and enhanced Compliance policies, procedures, manuals and systems as the result of identified deficiencies, new or changed regulations and/or to enhance the overall effectiveness and efficiency of the Compliance function.

• Coordinate with central compliance groups, including Testing and Surveillance, to provide reasonable assurance that the firm is in compliance with applicable regulatory requirements and internal policies and procedures.

• Coordinate with internal stakeholders across