Director, CIB & Research Compliance - ECM & M&A

Director, CIB & Research Compliance - ECM & M&A

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. 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.

GBM 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. 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!

Position:
Director, CIB & Research Compliance – ECM and M&A / US GBM&T Compliance

Purpose:

The CIB & Research Compliance team provides day-to-day Compliance oversight, advice, training and monitoring for the CIB, Leveraged Finance, M&A, Equity Capital Markets (ECM), Debt Capital Markets (DCM), Government Finance, Global Loan Syndication (GLS), Securitization, Structured Credit, Mortgage Capital Markets (MCM), Commercial Real Estate Finance (CREF) and Equity Research businesses. The team also supports Central Compliance activities such as, but not limited to, the development of Compliance Policies & Procedures, build and maintenance of the Regulatory Library, conducting monitoring activities, performing regulatory horizon scanning and impact assessments, and completion of periodic Compliance Risk Assessments.

The purpose of this role is to serve as primary Compliance Advisory coverage for the ECM and M&A businesses. The role may also entail providing compliance support to other businesses under the coverage of the CIB & Research Compliance team, as well as supporting ad-hoc projects related to Compliance or business areas under coverage.

Accountabilities:

• Lead and drive a customer focused culture throughout the team to deepen client relationships and to support the Bank in its customer focused strategy. Maintain active engagement with business leaders to influence 1st line business practices.
• Lead the provision of day-to-day and strategic guidance and advice to business areas under coverage. Topics include but may not be limited to applicable regulatory requirements and best practices across ECM and M&A business areas, business & personal conflicts of interest, cross border, registrations, equity research and supervision.
• Ensure comprehensive Policies and Procedures and monitoring activities designed to ensure compliance with regulatory requirements and industry best practices are in place.
• Oversee the monitoring and identification of regulatory developments, including new laws, rules, regulations and interpretations. Participate in industry groups and trade associations and work with colleagues across the US and international jurisdictions to drive a consistent and collaborative approach to compliance.
• Accountable for the investigative process related to possible instances of non-compliance and ensure escalation to the applicable areas for remediation and corrective actions.
• Work with Training Team and business stakeholders to develop training program which includes participation in the annual training needs assessment and delivery of routine and ad-hoc training.
• Lead initiatives and manage high impact special project work streams with a results-driven focus to deliver solutions.
• Provide an effective challenge of the quarterly/annual Compliance Risk Control Assessments and ensure that appropriate action plans are in place to mitigate risk to acceptable levels.
• Provide support for Compliance testing, Audits, Regulatory Exams and Inquiries concerning business areas under coverage as well as Compliance.
• Contribute to the development of Compliance related Management Information (MI) such as Key Risk Indicators (KRIs) and statistics for Compliance/Business engagement meetings and various oversight committees or forums.
• Work in close partnership with other groups at Scotiabank, including Business areas, Corporate Functions, Internal Controls and the broader Compliance team.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Create an environment in which the team pursues…