Assistant Manager, Regulatory Trade Reporting, Operations Control GWO

Job Description


Requisition ID: 117398

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

Assistant Manager, Regulatory Trade Reporting, Operations Control GWO  

Why work for Scotiabank?

Scotiabank is among the largest banks in the world and the most international bank in Canada. We are powered by our 97,000 high-performing teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services. Together with our Digital Factories around the world, we are dedicated to helping our 25 million customers become better-off.

This is a place where you’ll get to learn and develop your skills, while being recognized for your hard work. At Scotiabank, we’re passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy. Say hello to a career at Scotiabank!

Global Banking and Markets

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.


As the assistant manager is responsible for helping to drive an efficient and effective Regulatory Reporting & Control function within Global Wholesale Operations. The incumbent helps support projects/initiatives to promote operational effectiveness support   GWOs business strategies and objectives.  Additionally, the Assistant Manager works strategically and leverages cross-functional relationships to support the GWO mandate


- Ensuring BNS trade/ transaction reporting activities are in compliance with governing regulations and business requirements in all areas Scotiabank operates (DFA, CTR, MIFID 2, EMIR, MAS, HKMA, ASIC, IIROC, CATS, SFTR)
- Identifying reporting breaks (through daily reconciliation activities and/or other controls) and remediating potential reporting issues to mitigate compliance/regulatory risks 
- Preparing management reports and dashboards for trade reporting for all levels of management.
- Partnering with internal (e.g. Operational Risk Oversight, Technology) and external (e.g. Trade Repositories) stakeholders on compliance remediation matters and ensuring effective control processes are implemented and followed
- Understanding and analyzing reporting requirements and maintaining up-to-date knowledge of regulatory reporting/reporting logic across all jurisdictions
- Analyzing, the impact of regulatory changes and identifying/implementing necessary changes  to internal reporting and reconciliation  and other control processes 
- Collaborating with cross-functional teams within GWO to drive the Breach Management Framework and ensure that regulatory reporting obligations are met in all jurisdictions
- Investigating and understanding regulatory reporting requirements and ensuring that the key business processes are built to ensure compliance with the reporting obligations in all regions the bank operates
- Actively participating and contributing in change management projects/initiatives to ensure that regulatory reporting requirements are working with adequate controls and appropriate metrics are incorporated into the KPI/KRI risk management platform

- Coordinating with stakeholders (e.g. Compliance, Operational Risk, Trade Repositories and Technology) to ensure teams leverage best practices and develop processes to ensure Operations is in alignment
- Continuously reviewing current processes and identifies opportunities for improvements to promote efficient and effective oversight processes
- Creating and maintaining policies and procedure documents
- Contributing to the protection of the Bank from exposure to loss or penalties by ensuring compliance with Bank, GWO policies/processes and regulatory requirements.
- Providing business analysis skills/expertise and contributing to various phases of projects including requirements analysis, testing and operational rollout of new processes, ensuring quality principles are adhered to in a ‘speed-to-market’ culture
- Understanding how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively pursuing effective and efficient operations of his/her respective areas, while ensuring the adequacy of, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.


- Exceptional business analysis skills and demonstrated success participating project lifecycle. This includes scope definition, business case development, requirements gathering, test script development, deployment, and implementation assistance
- Knowledge of reporting requirements/reporting logic for various regimes (DFA, CTR, MIFID 2, EMIR, MAS, HKMA, ASIC, IIROC, SFTR, CATS) would be an asset.
- Demonstrated track record of leadership and project management/delivery
- Strong ability to understand, analyze, and successfully implement changes to internal processes Previous success responding to/implementing regulatory change initiatives. This includes taking an active role to analyze the impact of and plan the implementation of reporting changes necessitated because of regulatory changes in the industry
- Demonstrated success working in a demanding and fast-paced environment
- Strong track record successfully meeting tight deadlines and performing efficiently under pressure
- Strong problem-solving, strategic thinking, organizational skills and strong data mining skills
- Advanced communication skills and the ability to clearly and concisely present to senior stakeholders
- Exceptional interpersonal skills with demonstrated ability to gain confidence and respect of team members and sr. executives
- Strong problem-solving skills and ability to think strategically to execute goals/objectives
- Strong Technical skills: Power BI, Tableau and VBA

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.

There is something wrong with this job ad? Report the error