Senior Manager, Markets Compliance Officer

 

 

 

Requisition ID: 204138

 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

Contributes to the overall success of the Equities Sales and Trading businesses in the U.S. ensuring specific individual goals, plans, initiatives are executed / delivered in support of the Bank’s business strategies and objectives. Provide advice on compliance with governing regulations and Bank internal policies and procedures.

What You’ll Do 

 

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Provide day-to-day compliance support for equities securities trading and sales businesses by advising on the application of laws, rules, and regulations, as well as internal policies and procedures, to the businesses.  
• Communicate with sales and trading management and US Compliance personnel on relevant compliance issues, the regulatory environment, and Compliance Department initiatives by actively participating in relevant business forums and internal meetings.  
• Create and provide online and in-person compliance training for sales and trading staff and related support personnel.  Coordinate with other Compliance officers to ensure training is consistent across businesses. In coordination with the Training Group, evaluate personnel in scope for training.
• Develop, draft, amend and maintain compliance policies, procedures and manuals outlining requirements, regulations, and best practices.  Provide comments to relevant business and compliance policies and procedures as part of the internal review and governance process.  Review written supervisory procedures to verify they reflect current practices and address regulatory requirements.   
• Evaluate US and global new business proposals as required under NIRA/NIA policies. Provide a written description supporting the Compliance assessment of NIAs in line with the requirements of US compliance procedures.  
• Coordinate with Internal Control on compliance risk assessments, independently conduct the effective challenge of compliance risk assessments, and adequately document the rationale for the Compliance view.
• Analyze new and proposed laws and regulations, determine the applicability and impact of laws and regulations for specific securities sales and trading businesses, and evaluate the impact of controls to address ongoing compliance.
• Participate in the review of monitoring and surveillance routines and respond to alerts or issues from Surveillance by investigating the circumstances surrounding trades or communications and escalating breaches. 
• Investigate and respond to regulatory inquir