Director, CCO Scotia Securities Inc. (Dealer)

Job title: Director, CCO Scotia Securities Inc. (Dealer)

Job description: Requisition ID: 107302

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

Purpose of Job

To provide strategic direction to SSI and TIFL, to ensure a comprehensive compliance risk management program is in place that reflects industry best practice and to manage the program and assist senior management of Global Compliance in fulfilling their responsibilities to provide reasonable assurance to Management and the Boards of SSI, TIFL and Scotiabank that SSI and TIFL comply in a cost effective manner with governing regulations and internal policies and procedures. In doing so, the incumbent is responsible for fostering public trust and satisfactory relationships with regulators and minimizing the risk of financial loss, damage to reputation, regulatory sanction, and litigation, fines or penalties for the organization and the respective Directors, Officers and employees.

Major Accountabilites

• Leads and manages SSI and TIFL Compliance operations, including the monitoring of regulatory developments, the maintenance and updating of policies, procedures and compliance systems, testing and monitoring programs, regular reporting to senior Compliance and business management and the timely escalation of material compliance concerns; provides expert advice and counsel to the business.
• Supports the implementation of an enterprise-wide strategy for effective managing Compliance Risk in SSI and TIFL. “Compliance Risk” is defined to include regulatory compliance and adherence to ethical standards.
• Promotes effective relationships with key regulators of the business.
• Contributes to an environment in which the team pursues effective and efficient operations of respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls within the businesses to meet obligations with respect to operational risk, regulatory compliance risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, and the Guidelines for Business Conduct.
• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.
• Acts as an expert resource and relationship manager between management and the business and the Compliance team for the business.

Education / Work Experience / Designations

• University degree required
• MBA and /or LLB in common law is an asset.
• In-depth knowledge of regulatory, compliance and legal requirements and issues in the business units and the securities industry gained through at least 10 years of relevant industry and professional experience and education.
• Canadian Securities course and Partners, Directors and Senior Officers Qualifying Exam (PDO) and/or other proficiency and experience requirements to be registered as a Chief Compliance Officer of SSI and TIFL.
• Thorough knowledge of legislation and regulations in respect of securities, mutual fund manufacturing and distribution and MFDA regulations;
• Sound knowledge of risk-based management, internal controls and compliance practices, procedures and principles;
• Mature, well-developed interpersonal skills and organizational abilities;
• Excellent written and verbal communications skills;
• Excellent analytical and problem-solving skills;
• Excellent organization and time-management skills;
• Leadership and motivational skills.

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 . 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.

Company: Scotiabank

Expected salary:

Location: Toronto, ON

Job date: Wed, 09 Jun 2021 06:03:17 GMT