Senior Manager, Compliance & Operations - Toronto

What You’ll Do

• Support Cedar Leaf’s CCO in effectively managing the Firm’s compliance program under Canadian securities regulation and Scotiabank expectations;
• Stay current about new and emerging Canadian Investment Regulatory Organization (CIRO) and other relevant securities regulation and best practices and changes in Cedar Leaf or Scotiabank’s business organization and infrastructure, updating Cedar Leaf’s compliance policies and procedures as required;
• Deliver efficient and effective compliance support and advice to Cedar Leaf Capital employees and communicate relevant changes to the Firm’s policies and procedures or applicable regulatory requirements which govern their activities;
• Perform compliance tasks as required to monitor and assess Firm and employee compliance with applicable regulations, Cedar Leaf and Scotiabank policies and procedures;
• Report to the CCO as soon as possible any indications that the Firm or individuals acting on its behalf may be non-compliant with internal policies and procedures, CIRO requirements or securities law;
• Provide professional advice and quality and timely information to support the Cedar Leaf trading desk with front office initiatives and deployment of business strategies, while ensuring compliance with regulatory and legislative requirements;
• Support the Operations of the Firm as it relates to various compliance-related Carrying Broker activities (debt transaction reporting to CIRO, AML monitoring, etc.

Finance and general ledger reconciliation support; insurance carrier coverage (analysis and reporting); etc.

• Ensure the integrity and timely completion of compliance-related reporting to the CCO, Ultimate Designated Person (UDP), Cedar Leaf Board of Directors, or other stakeholders (audit, regulators);
• Manage Cedar Leaf’s compliance program in a way that supports risk culture and the relevant risk appetite frameworks and limits with respect to operational risk, regulatory compliance risk, AML / ATF risk and conduct risk;
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions;
• Deepen client relationships and leverage broader Scotiabank and stakeholder relationships, systems and knowledge to effectively manage all accountabilities and deliverables.

What You’ll Bring :

• Audit, accounting or legal education / designation with a minimum 5 years’ relevant experience in the securities industry is preferred.
• Experience working for or dealing with the Canadian Investment Regulatory Organization (CIRO) and / or the Ontario Securities Commission is an asset.
• Strong knowledge of the investment business (particularly in a debt capital raising capacity) due to the focused nature of Cedar Leaf Capital’s mandate.
• Experience with the trade life-cycle experience (settlement of trades) is an asset.
• Working towards or having completed the Canadian Securities’ Institute’s Chief Compliance Officer Qualifying Examination is desired.
• Strong interpersonal skills given regular interactions with Scotiabank and Global Banking and Markets personnel, internal and external auditors, regulators, and other stakeholders.
• Strategic thinker with fluent oral and written communication skills; results-oriented with strong analytical and investigative skills and an ability to apply sound judgment in identifying risks in order to proactively escalate issues when required.
• Able to handle sensitive and confidential information with a high level of integrity.

Working Arrangement :

• This position is currently an on-site role, with the expectation that you will work 3-5 days a week in the office. Please note that this is subject to change based on the needs of the business.
• Non-standard hours are a common occurrence.
• Limited travel domestically may be required.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.