Senior Manager, IT Regulatory Compliance Oversight

Requisition ID: 217554

Salary Range: 117,400.00 - 224,700.00

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

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

Global Banking and Markets

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.

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.

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!

Purpose

This role will serve as a Senior Manager in the Technology Governance Office, primarily leading the regulatory compliance oversight and reporting function for Markets and Enterprise Technology (MET) U.S. This person will serve as a Technology Partner for the U.S. Regulatory Relations, U.S. Operational Risk Group, Compliance and other U.S. control functions, supporting IT obligation compliance. In addition, this role oversees the technology department reporting (e.g., management/risk committees and Board).

Contribute to the overall success of Technology for Global Banking and Markets by ensuring specific individual goals, plans, and initiatives are executed/delivered in support of the team's business strategies and objectives.

Ensure all activities conducted are in compliance with governing regulations, internal policies and procedures.

What You’ll Do

• Advises IT management on requirements to comply with regulatory obligations.

• Assists IT teams in adhering to policies, frameworks, standards and guidelines through active engagement, guidance and counseling.

• Is the department’s Subject Matter Expert (SME) on U.S. regulatory landscape and internal bank policies/standards impacting technology.

• Works closely with the Exam and Issue Management team to review compliance with obligations as part of exam readiness/preparation.

• Collaborate with technology SMEs and Internal Controls to ensure regulatory-based controls are adequately documented and maintained, reviewing for quality assurance.

• Ensure governance is in place during meetings pertaining to regulatory compliance and that decisions are properly minuted. Escalate risks as necessary.

• Responsible to oversee deck production monthly/quarterly reporting related to regulatory initiatives and topics the department is obligated to report or escalate.

• Maintain calendar of annual regulatory commitments.

• Build a high-performance environment and provide ongoing coaching and guidance to less experienced team members to ensure consistent oversight and reporting.

• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

What You’ll Bring

• Candidates should have comprehensive knowledge or experience (8+ years) in the following areas:

• Regulatory Compliance (e.g., FFIEC Guidelines, NYS DFS, FRB NY, FINRA)

• Technology (e.g., IT Asset Management, Software Currency, Cybersecurity scanning)

• Excellent judgment and organizational skills

• Excellent writing and oral communication skills

• Ability to prioritize and work simultaneously on various tasks, independently and to completion

• Attentive to detail

• Bachelor’s degree in related field required.

• Demonstratable experience with Regulatory Compliance.

• Significant experience with IT within a financial institution.

• Advanced in Excel and PowerPoint presentations

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

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.

Location(s): United States : New York : New York City

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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.