Manager, Regulatory Reporting

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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!

In this role as a Manager, Regulatory Reporting, you will contribute to the overall success of the U.S. Finance Department, ensuring specific individual and departmental goals, plans, initiatives are executed and delivered in support of the team’s business strategies and objectives within the U.S. and globally as part of Global Business Markets (GBM). The Manager, Regulatory Reporting must ensure all activities conducted are in compliance with governing regulations, internal policies and procedures for Houston Branch and Scotia Holding (USA), LLC.

It includes preparation and review of regulatory reports, manages / coordinates the issues identified around AXIOM logic and data integrity / quality issues for Houston Branch’s reporting perspective.

• Prepare regulatory reports in accordance with US GAAP and reporting instructions covering daily, weekly, monthly, quarterly, and annual reports (e.g., FR2900, FFIEC 002, Borrower-In-Custody (BIC), TIC reports).
• Perform thorough review of regulatory reports as assigned to ensure compliance with the regulatory reports’ instruction and proper controls in places.
• Working knowledge of the reporting tool (Axiom) used by the department to produce the regulatory filings.
• Document and monitor issues related to system / data quality from regulatory reports. Continuously drive accountability for accuracy of Critical Data Elements (CDEs) used for Regulatory Reporting. Work with team members for initial root causes analysis and resolution channel.
• Collaborate with various stakeholders across business and functional areas of the Bank (i.e., AXIOM Project team, Data Governance, Operations, Treasury, Credit Risk, Product Control, IT, to interpret, operationalize and implement new reporting requirements and to resolve known and self-identified issues.
• Participate in end-to-end testing on all AXIOM BAU releases as applicable.
• Help prepare and coordinate requested information and answer questions from Internal Audit, Quality Assurance Internal Control, and external Fed Exams. Implement improvements to process and controls based on testing results.
• Create/update Policies & Procedures and other documentations including process flows and risk control matrices.
• Assist in the data collection for regulatory reporting metrics for dashboards.
• Prepare presentation decks to internal stakeholders. Assist in the development and/or updating training material and conduct training, as necessary.
• Attends required Finance, U.S. GAAP/IFRS, Regulatory, and any mandatory Compliance training.
• Ability to respond…