Manager, Bank Regulatory Reporting Projects

Requisition : 238695

Salary Range:76,.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!

Performs regulatory reporting quality control for GBM U.S. Finance ensuring specific goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures.

The Manager, Regulatory Reporting Projects reports to the Senior Manager, Regulatory Reporting Projects and is responsible for the design and implementation of both tactical and strategic initiatives that improve the quality of regulatory reporting.

The individual is responsible to review, analyze and prioritize resolution of issues and monitor their resolution through system project build, testing, and implementation.

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Design and implement regulatory reporting systems.
• Understand data at its source and the corresponding general ledger and data warehouse relationships.
• Prepare business requirements and functional specifications to support Finance regulatory reporting system change initiatives. Ensure they are reasonably sufficient and adequate in content, structure, and logic to provide application developers the necessary technical information to design, build and configure Axiom.
• Manage all phases of testing, and underlying reconciliation to source data.
• Review system data flows and be able to identify issues and offer solutions.
• Work closely with Data Group Office to identify, and document data quality issues and offer solutions.
• Develop and implement interim solutions to address regulatory reporting issues.
• Review regulatory reporting reports against risk reporting (inter-report reconciliation) to ensure completeness, accuracy, and timeliness among other factors.
• Identify, analyze, and prioritize internal control issues that result in reporting weakness; conduct analysis of Axiom related issues to assess risk and determine root cause.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Champions a high-performance environment and contributes to an inclusive work environment.

• MBA or MS in Finance, Risk or Computer Science
• 10+ years of verifiable progressive experience of problem solving of financial information.
• Understanding of business risks and internal controls.
• Knowledge of objectives and content of U.S. regulatory reporting.
• Ability to develop strong relationships and to gain the confidence of stakeholders.
• Demonstrated results in unstructured situations.
• Familiar with Axiom application development life…