Job Information
Scotiabank Senior Manager, CIB & Research Compliance Officer in Houston, Texas
Senior Manager, CIB & Research Compliance Officer
Requisition ID: 218082
Salary Range: 99,790.00 - 190,995.00
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
The Compliance Officer will operate as a member of the CIB & Research Compliance Advisory team which provides compliance advisory coverage for the Corporate & Investment Banking (CIB), Equity Capital Markets (ECM), Debt Capital Markets (DCM), Global Loan Syndication (GLS), Global Securitization (GS), Mortgage Capital Markets, Structured Credit and Equity Research businesses.
The Compliance Officer will serve as (1) primary compliance advisory coverage for Scotiabank’s Houston based Corporate & Investment Banking (CIB), Mortgage Capital Markets (MCM) and Equity Research businesses; (2) on-site point of contact for additional businesses/functions located in the Houston office (ie Global Transaction Banking, etc.), while liaising with teams managed from NYC; and (3) additional compliance coverage for NY based businesses supported by the broader US CIB & Research Compliance Advisory team.
The CIB & Research Compliance Advisory team is responsible for providing day-to-day compliance oversight, advice, training and monitoring for business areas under coverage. The Compliance Advisory team also supports Central Compliance activities such as, but not limited to the development of Compliance Policies & Procedures, performing regulatory horizon scanning and impact assessments, and completion of periodic Compliance Risk Assessments.
The CIB & Research Compliance Advisory team is part of the Global Compliance function at Scotiabank and this position is expected to work closely with global colleagues to ensure deployment of a cohesive, comprehensive strategy, as well as consistency of advice where appropriate.
What You'll Do
Provision of timely Compliance advice to business under coverage. Topics include but may not be limited to applicable regulatory requirements, information barriers, business & personal conflicts of interest, cross border, registrations, gifts & entertainment, research, sales/marketing and supervision.
Creation, maintenance, and delivery of live new hire, annual & ad-hoc training.
Drafting or review of new and existing policies, procedures and guidelines designed to ensure compliance with regulatory requirements and industry best practices.
Development and execution of Written Compliance Procedures (WCPs) that are designed to monitor for compliance with relevant regulatory requirements, policies and procedures.
Monitor and assess impact of new or modified regulatory and industry developments. Maintenance of the Regulatory Obligations Library.
Review and assess the impact of new business initiatives.
Conduct quarterly/annual Compliance Risk Assessments and verify that appropriate action plans are in place as appropriate.
Provide support for Compliance testing, Audits, Regulatory Exams and Inquiries concerning business areas under coverage as well as Compliance.
Contribute to the development of Compliance related Management Information (MI) such as Key Risk Indicators (KRIs) and statistics for Compliance/Business engagement meetings and various oversight committees or forums.
Conduct investigations related to possible instances of non-compliance and work with applicable areas to ensure appropriate remediation.
Develop and maintain strong internal client relationships with focus on ensuring Compliance supports the Bank in its customer focused strategy
Work closely with Global Control Room personnel with respect to handling of MNPI and potential conflicts of interest arising from private-side deals, publication of research or trading activities;
Work collaboratively with other Compliance Advisory teams to ensure consistency of approach and information sharing.
What You’ll Bring
A minimum of 6 years of Corporate & Investment Banking, Capital Market and/or Research Compliance, Legal or Internal Controls experience.
Strong understanding of applicable U.S. securities regulations e.g. SEC 10b-5, securities offering regulations (`33 Act), information barriers, conflicts, FINRA rules such as Rule 2241 and the Global Research Settlement.
Knowledge of Federal Reserve Bank Regulations relating to corporate lending activities.
Strong interpersonal, written and verbal communication abilities
Organized, self-starter, eager to learn and capable of juggling multiple priorities.
Strong judgement and decision-making skills
BA/BS or international equivalent. Graduate degree desired but not required.
Securities licenses, e.g., Series 79 preferred, but not required
Strong computer skills i.e. Microsoft package
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 : Texas : Houston
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.
