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

MD Management Limited, a division of Scotia Wealth Management, has an exciting opportunity for a talented, enthusiastic, and client-focused Regulatory Practice Partner to join our team in multiple locations across Canada: Ottawa, Vancouver, Victoria, Edmonton, Calgary, Toronto, North York, Hamilton, Kingston, and Halifax.

The Regulatory Practice Partner is responsible for supporting regional leadership with effective management and oversight of regulatory and compliance activities occurring in the region. The role will report to the Senior Manager, Regulatory and Business Risk with a dotted line to the Regional Head. The Regional Head is responsible for overall supervision of their region. This role provides governance oversight support as a core method to help manage regulatory risk within the regional offices which includes assisting the Regional Head (RH) and Regional Managers (RM) with their regulatory obligations. The role will provide support in the form of advice, monitoring, testing, and reviewing of regulatory and compliance issues with the objective of fostering a risk-based culture that supports risk mitigation while also improving the overall client experience. The role will work closely with key partners in Regulatory, Compliance, and Practice Management.

Is this role right for you? In this role you will:

• Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Monitor regulatory changes and understand industry best practices with a view to ensuring continued regulatory compliance and continuous improvement of the supervision/surveillance programs from the point of view of the business.
• Work with key partners, acting as a point of contact for regional leadership on regulatory topics (KYC, KYP, Account Supervision, AML, global tax programs, etc.).
• Provide ad-hoc and focused regulatory and supervision reviews to enable regional leaders to be more effective in managing their oversight responsibilities and advisor charter metrics.
• Work with the Practice Lead and Regulatory Affairs to provide analytical assessments of data and identify areas of concern where required.
• Oversee support for compensation, documenting and tracking action plans and highlighting areas of concern.
• Provide reactive support and advice to regional leadership queries with respect to regulatory matters.
• Lead and support supervision spot checks and monitoring/testing initiatives as assigned.
• Provide audit support and advice during branch exams.
• Act as a representative to update and maintain regional policies and procedures.
• Work closely with the Senior Manager, Regulatory Affairs to ensure the regulatory control library remains current.
• Ensure regional/business level processes and procedures are properly executed, documented, and reviewed.
• Work closely with Regional Heads and key partners to develop and implement regulatory initiatives.
• Coach and mentor RHs and RMs in all regulatory areas.
• Communicate with regional leadership teams regarding upcoming compliance requirements.
• Engage with regulatory subject matter experts on relevant project work.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities.
• Actively pursue effective and efficient operations in accordance with Scotiabank's Values and Code of Conduct.

The Must Haves:

• Knowledgeable about securities, regulatory environment, and ethical standards.
• Bachelor's degree preferable with relevant experience in the financial industry, preferably within a regulatory compliance, audit, or risk function.
• Completion of key core securities courses such as the Canadian Securities Course (CSC) and the Conduct and Practices (CPH).
• 5-10 years experience working with a CIRO member firm or securities commission regulated firm is an asset.
• Ability to manage multiple projects with limited direction.
• Must be able to be licensed with CIRO as a Supervisor.
• Commitment to ongoing industry education and CE requirements to remain registered.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

• Strong strategic influencing skills to effect change.
• Ability to use professional judgment to resolve sensitive issues.
• Able to assess difficult compliance and other regulatory issues.
• Ability to understand key business drivers and tailor business solutions.
• Ability to operate at both strategic and operational levels.
• Excellent drafting, analytical, and communication skills.
• Ability to build strong working relationships with a wide range of stakeholders.
• Demonstrated organization, facilitation, communication, and presentation skills.

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.

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 during the recruitment and selection process, please let our Recruitment team know. 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.