Director, Markets Compliance

3+ months agoNew York, NY

Requisition ID: 99795

Join the Global Community of Scotiabankers to help customers become better off.

In this role, you will provide senior compliance support for the Scotiabank US Sales and Trading businesses by acting as a team leader for Markets Compliance.
Is this role right for you? You will be responsible for:

  • Acting as a senior compliance officer and Compliance team leader supporting Scotiabank US sales and trading businesses and coordinating with other Compliance officers outside the U.S. to reinforce a global approach to compliance. Coordinate activities with Internal Control to reinforce the Scotiabank U.S. front office system of supervision and control
  • Participation in compliance risk assessments, research and draft responses to regulatory inquiries, create training materials and providing in-person training on compliance topics, provide Compliance assessments of new product submissions, and evaluate new and proposed regulations
  • Playing a key role on the initiative to improve U.S. compliance policies. Draft policies and procedures for review by key stakeholders; managing the process of obtaining agreement on the content of policies and ensure approval by governance forums
  • Evaluating and responding to regulatory examinations and inquiries from regulators including SEC, FINRA, NY Federal Reserve, and US Treasury Department
  • Providing guidance for compliance-related issues identified in internal audits and Compliance Testing reviews
  • Ensuring issues are resolved and management action plans involving Compliance are properly drafted to identify the steps necessary to close the findings
  • Acting as a key contact for Surveillance to assess escalated surveillance alerts and address other issues related to surveillance
  • Operating with minimal direction. Exhibiting leadership skills while providing support for the compliance program for the sales and trading businesses
  • Maintaining a high level of awareness of compliance related changes and developments in the securities industry through review of publications, seminars, employee training, etc.
  • The ability to attract and retain high caliber compliance talent with diverse backgrounds by recognizing organizational as well as individual needs
  • Developing teams and talent with diverse capabilities; building a high-performance environment and implements a people-centric strategy that attracts, retains, develops and motivates the team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team
Do you have the skills you need to succeed? We'd love to work with you, if you have:
  • A minimum of 7-10 years of legal or compliance experience supporting equities and/or FICC sales and trading businesses
  • Relevant compliance experience, including policies and procedures development, the provision of compliance training, compliance risk assessments, responding to regulatory inquiries, etc.
  • Strong understanding of equities and FICC sales and trading regulations. Knowledge of electronic trading issues a plus.
  • Experience in interfacing with securities regulators
  • Strong organizational, communication (oral and written), and interpersonal skills required
  • Strong leadership skills and demonstrable experience and success in building and leading high-performance teams; experience managing remote teams in a virtual environment a plus
  • Post graduate degree (J.D. or MBA) preferred but not required
  • College Degree required

Location(s): United States : New York : New York City
As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.

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.

Nearest Major Market: New York City
Job Segment: Compliance, Manager, Bank, Banking, Equity, Legal, Management, Finance

Job ID: Scotiabank-545828317