Manager - Employee Governance and Management Reporting, U.S. Internal Control

 

 

 

Requisition ID: 195471

 Salary Range: 85,700.00 - 159,100.00 

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 Manager is responsible for managing the processes around employee governance (i.e., movers, leavers, and joiners) to ensure timely and proper notification to control owners for actions and managing reporting obligations of Internal Control to various committees and senior management. These duties contribute to the overall success of the first line of defense in managing its Supervisory obligations in accordance with U.S. regulations and ensure that correct hierarchical relationships are maintained timely to meet internal monitoring and regulators expectations. This reporting is critical for effective communication and escalation of material updates and issues to the relevant stakeholders. 

 

What You’ll Do

 

• Manage the employees change management process which includes, but not limited to, interacting with various Internal Control teams in US and outside US to ensure that all the required steps are complete and necessary documentation are updated and issued when in-scope employees join, leaves, or moves within the business.
• Collaborate with a technology team to develop a database system for tracking of employees, to be implemented within the US.
• Work as Internal Control coordinator and liaise with HR, IT support teams and other relevant stakeholders with Supervisors concerning questions on Supervision, WSP sign-off obligations and other support.
• Daily/weekly/ monthly interaction with Employee Compliance Team to manage changes in licenses and based on changes in regulatory rules or regulations and any other topics concerning supervisory obligations at the firm. Maintain and update Supervisory Hierarchy Portal in conjunction with Supervision Team.
• Perform weekly, bi-monthly reconciliations to identify all US Front Office employees requiring Remote working Letters and liaise with GBM Governance and Control Team (Canada).   
• Respond to requests for information and documents from Internal Audit, Compliance Testing and Regulatory bodies with respect to supervisory hierarchy.
• Work with the technology to customize/enhance the supervisory hierarchy platform system. 
• Assist with periodic and annual training of Supervisors.
• Create weekly and monthly reports to Senior Management with respect to employee changes and hierarchy updates.
• Preparation and reporting of key updates and metrics to senior management and committees. Liaise with relevant teams and groups to collate metrics and updates and to develop periodic reporting process. Responsible for escalating red flags or any other concerns identified through metrics reporting.
• Manage the governance and control meetings with the business and work with all stakeholders to collate the required information, review, challenge and ensure the information is consistent and appropriate.
• Coordinate the monthly issues management working group meeting and manage the issues database for reporting to the monthly IROC meetings. 
• Work on ad-hoc projects as assigned by the senior management of Internal Control. 
   

What You’ll Bring

 

• 5 - 7 years of experience in a trading and/ or operational risk management