Job Information
Scotiabank Director, Registrations in Toronto, Ontario
Director, Registrations
Requisition ID: 197996
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose
Leads and oversees Registrations in Canada ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.
Accountabilities
Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Identify, monitor and assess regulatory, legal and industry developments relating to the licensing and registration of entities and individuals and, in particular, securities and insurance licensing and registration, through the review of publications, relevant websites, participation in industry associations, contact with Regulators and liaison with counsel and auditors;
Inform and advise business unit personnel and managers on the impact, risks and opportunities of applicable laws, regulations, guidelines, industry best practices and corporate policies as they relate to licensing and registration.
Establish network of business unit personnel responsible to receive written guidance and to implement such guidance, through documented procedures, in order to ensure compliance with regulatory requirements, industry practice and general risk management;
Establish written guidance to Department staff on the appropriate implementation of the Rules through policies, manuals and training material, including the preparation and filing of regulatory license applications, changes, termination and renewals, as required;
Act as in-house consultant and educator on relevant Rules and other compliance matters and make employees aware of their compliance responsibilities via training programs, presentations, publications and day-to-day contact;
Monitor compliance with any written guidance and review management attestations, business unit self-assessments and reports on compliance and related activities generated as a result of implementing the guidance
Provide comprehensive regular and ad hoc management reporting
Assess internal procedures to determine appropriateness of or to identify deficiencies or weaknesses or perceived weaknesses in relevant policies, practices, procedures, systems, staffing or training; review such deficiencies or weaknesses and formulate proposals for amendments; take action as required.
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Creates an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours
Education/Experience
University degree required or equivalent experience; LL.B is an asset;
In-depth knowledge of regulatory, compliance and legal requirements, including SRO requirements, and issues applicable to the financial services industry as they relate to licensing and registration;
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;
Working knowledge of MS Word, MS Excel, and Outlook
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, 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.