Manager, Policies, Reporting and Governance

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

 

The objective of this position is to support the U.S. operations of The Bank of Nova Scotia, Scotia Capital (USA) Inc. and their affiliates (collectively the “Bank”) in maintaining appropriate internal controls (i.e., policies, procedures, processes) designed to address applicable U.S. legal and regulatory requirements/obligations. The Manager, Policies, Reporting and Governance (the “Manager”) will support the U.S. Compliance Department’s processes for managing the development and maintenance of Compliance policies, procedures, reporting routines, issue tracking, and governance materials, including supporting the drafting, coordination, and review of Compliance-related Policy Documents. The Manager will assist in coordinating the U.S. Compliance Department’s review and approval of Global Compliance Department policies and procedures. In addition, the Manager, will support the Compliance Issue Management and Reporting team with compliance reporting, regulatory updates, issues management activities, and the execution of remediation and sustainability activities related to the Compliance Risk Framework. The role will require coordination with various business units, control functions and other teams within the Compliance function to support timely, accurate and consistent reporting, escalation, and issue management practices.

 

What You'll Do 

 

• Support Compliance stakeholders in drafting, reviewing and maintaining compliance-related policies, procedures and related internal controls.
• Assist with the enhancement, maintenance and administration of processes for developing, maintaining and reviewing/approving Compliance Policy Documents, including written compliance procedures.
• Support coordination with Global Compliance to maintain the Compliance Policy Document repository and assist with tracking U.S. written compliance procedures.
• Assist in maintaining standards for regulatory risk-related policies, procedures and related internal controls, and support adherence to those standards by relevant front, middle and support office functions.
• Support U.S. Compliance Risk Committee governance processes, including coordination of meeting materials, agenda items, follow-ups and related documentation.
• Support the development and maintenance of governance reporting materials, including dashboards, committee updates, management reports and related supporting documentation.
• Track the development and periodic review of compliance risk-related policies and procedures.
• Maintain awareness of the regulatory environment and assist with monitoring new and emerging legislation, policy statements, relevant trends and industry best practices, including supporting assessments of potential impacts to the Bank’s policies, procedures and related controls.
• Assist in preparing regulatory updates for various stakeholders.
• Support the preparation, coordination and quality review of recurring and ad hoc compliance reporting for management, governance committees and other stakeholders.
• Assist with the collection, validation and consolidation of compliance reporting inputs, including key metrics, status updates, trends, action items and supporting commentary.
• Support ongoing remediation efforts and sustainability activities related to the Compliance Risk Framework.
• Support issues management activities, including tracking identified issues, remediation plans, milestones, evidence, status updates and closure documentation in accordance with applicable processes.
• Coordinate with issue owners, Compliance stakeholders and control partners to support