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Manager, Compliance Testing, Canadian Banking & Wealth Management - SSI Branch Reviews (Contract)
Requisition ID: 198036
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose
Contributes to the overall success of SSI Branch Review Compliance Testing in Canada ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies, and procedures.
Accountabilities
• Accountable for executing Compliance Testing (SSI Branch Reviews) for Canadian Banking and Wealth Management, which includes assessing operating effectiveness of compliance controls applicable to the Branches, particularly adherence to Regulatory requirements (CIRO) as well as the Bank’s internal standards, policies and procedures.
• Works closely with the Senior Manager – SSI Testing to execute the testing program.
• Maintain relationship with the Business Line Compliance, Internal Audit and first line to ensure alignment and smooth execution of test plans, to minimize the impact on business.
• Pro-actively identifies potential violations /risk of non-compliance with regulatory requirements, internal policies and procedures, in a timely manner and makes recommendations to mitigate compliance risk, generally in the course of execution of branch reviews.
• Identify, define, and build a risk effective and cost-efficient testing program by providing feedback on enhancements to the Branch testing methodology / program, looking for opportunities to automate testing procedures, etc.
• Identify trends and/or gaps and report findings with recommendations on how to improve the effectiveness of the business line controls.
• Assist with validating actions taken by management to remediate, and to assess the sustainability of these actions to close, reported testing issues.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Champions a high-performance environment and contributes to an inclusive work environment.
Education/Experience
Functional Competencies:
Bachelor’s degree with 5+ years of relevant Financial Services industry experience (particularly related to CIRO - Mutual Fund Dealer requirements in Retail branches) with Relevant industry proficiencies (Canadian Investment Funds Course (or equivalent), IFSE Branch Managers Examination (or equivalent).
Good understanding of risk & controls
Knowledge of regulatory, compliance, and industry requirements; including knowledge of related issues facing the business line
Demonstrated Writing skills
Self-Driven with effective Time Management Skills.
Demonstrated Relationship Management skills
Behavioral Competencies:
Clear and confident communicator – verbal & written
Strategic Thinker and good negotiation skills
Demonstrated ability to remain calm and focused when faced with competing issues of importance
Location(s): Canada : Ontario : Toronto || Canada : British Columbia : Vancouver || Canada : British Columbia : Victoria
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.