Manager, Regulatory Obligations & Controls

Manager, Regulatory Obligations & Controls

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!

• Contributes to the overall success of US Compliance by supporting and enabling the Regulatory Obligations & Controls team in the execution, governance, and continuous enhancement of regulatory obligations and controls processes. Provides day-to-day direction, coaching, and coordination to help the team deliver against business strategies and objectives while ensuring activities are conducted in compliance with governing regulations, internal policies and procedures, and applicable supervisory expectations.
• The Manager, Regulatory Obligations & Controls, US Compliance supports the U.S. operations of The Bank of Nova Scotia, Scotia Capital (USA) Inc., and their affiliates (collectively the “Bank”) by helping manage a sustainable framework of internal controls to meet U.S. legal and regulatory requirements. This role provides day-to-day management support to team members responsible for tracking legal and regulatory developments across U.S. financial services regulatory regimes, including Federal and State banking, commodity, securities, and investment management laws, regulations, and interpretations.
• Key responsibilities include guiding team execution, coordinating priorities, reviewing deliverables, supporting stakeholder engagement, and helping ensure the department’s inventory of obligations and controls is maintained with appropriate governance, quality assurance, and documentation standards.
• The Manager is also expected to support the team in identifying opportunities to improve process efficiency, data quality, reporting, and control effectiveness within the U.S. Regulatory Library Management function.

• Supports the U.S. Regulatory Library and Controls Inventory, including oversight of regulatory content solutions, coordination with U.S. business line compliance officers and business support personnel, and periodic updates to regulatory obligations and associated controls.
• Coordinates with the Global Compliance project team and supports team members in contributing to the continued enhancement of the global database housing regulatory requirements, obligations, and risk-related controls applicable to the Bank’s U.S. operations.
• Provides day-to-day oversight and guidance to support team execution of processes, systems, and standards used to map and update applicable legal and regulatory requirements to relevant policies, procedures, and internal controls in accordance with U.S. regulatory expectations and business/control function requirements.
• Supports implementation and ongoing management of a global, cross-divisional framework for identifying and tracking legal and regulatory requirements, policies and procedures, and related internal controls.
• Partners with the Regulatory Controls Management team to drive continuous enhancement of the regulatory change management framework, including identifying legal and regulatory developments, assessing impacts to policies, procedures, and controls, and coordinating change…