Requisition ID : 244689
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
Contributes to the overall success of Compliance Testing in Canada ensuring business strategies plans and initiatives are executed / delivered in compliance with governing regulations internal policies and procedures.
Is this role right for you In this role you will :
- Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
- Accountable for executing Testing for Canadian Banking and Canadian Wealth Management which includes assessing the design and operating effectiveness of compliance controls and adherence toRegulatory requirements as well as Banks internal standards policies and procedures
- Ensure accurate and complete documentation of testing results in accordance with the Global Testing
- Operating procedures and Issue Management Procedures and to support our assessments
- Works closely with the Sr. Manager - Testing along with other Compliance partners to develop support and execute the testing program
- Support the Senior Manager in the development of Annual Test plan in coordination with local compliance counterparts first line (1B) and internal audit including tracking and reporting of testing completion against annual test plan.
- Maintain relationship with the Business Line Compliance Internal Audit and first line to ensure alignment and smooth execution of test plans to minimize the impact on business.
- Pro-actively identifies potential violations / risk of non-compliance with regulatory requirements internal policies and procedures in a timely manner and makes recommendations to mitigate compliance risk
generally in the course of execution of testing engagements
Contribute to continuous improvement of the testing program by providing feedback on enhancements to the testing methodology (which includes risk prioritized assessments testing cycles reporting resultsand more) looking for opportunities to automate testing procedures use data analytics etc.
Identify trends and / or gaps and report findings with recommendations on how to improve the effectiveness of the business line controls.Validate actions taken by management to remediate and to assess the sustainability of these actions to close reported testing issues.Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.Demonstrates quick learning curve to understand applicable regulatory requirements business processes and systems.Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabanks Values its Code of Conduct and the Global Sales Principles while ensuring the adequacy adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational compliance AML / ATF / sanctions and conduct risk.Champions a high-performance environment and contributes to an inclusive work environment.Do you have the skills that will enable you to succeed in this role - Wed love to work with you if you have :
Bachelors degree with 5 years of relevant experience in the financial services industry preferably within a regulatory compliance audit or risk managementGood understanding of risk & controls particularly controls testing methodology and related toolsKnowledge of regulatory compliance and industry requirements; including knowledge of related issues facing the business lines within Canadian Banking and Canadian Wealth ManagementGood Communication and Report Writing skillsGood Project Management skillsGood Relationship Management skillsGood analytical skills with the ability to review interpret and synthesize data in order to drive investigations on potential exceptionsNice to have bi-lingual in English and FrenchClear and confident communicator verbal & writtenStrategic Thinker and good negotiation skillsChange manager able to demonstrate agility resilience and resourcefulness in executing plans even in changing environments and within available resources and timeframesAbility to demonstrate multi-tasking and flexibility in working with diverse group of stakeholders and business unitsWhats in it for you
The opportunity to join a forward-thinking and collaborative team surrounded by innovative thinkersA rewarding career path with diverse opportunities for professional developmentInternal training to support your growth and enhance your skillsAn inclusive working environment that encourages creativity curiosity and celebrates success!Location(s) : Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose : for every future we help our customers their families and their communities achieve success through a broad range of advice products and services including personal and commercial banking wealth management and private banking corporate and investment banking and capital markets.
At Scotiabank we value the unique skills and experiences each individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including but not limited to an accessible interview site alternate format documents ASL Interpreter or Assistive Technology) during the recruitment and selection process please let our Recruitment team know. If you require technical assistance please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however only those candidates who are selected for an interview will be contacted.
Required Experience :
Manager
Key Skills
Abinitio,Apprentice,Dermatology,Cost Estimation,Data Networking,Liaison
Employment Type : Full Time
Experience : years
Vacancy : 1