Purpose

Builds, leads, and oversees a world class Advisory team for GBM&T Canada focused on Corporate & Investment Banking, Equity Capital Markets (ECM), Debt Capital Markets (DCM), Global Loan Syndications (GLS) and Equity Research and their related front, middle and back-office support and operational teams. Ensures business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies, and procedures. Supported by a team of Senior Managers and working closely with the other Directors who support GBM&T Compliance Canada as well as the Global GBM&T Compliance teams.

Accountabilities

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Leads and manages the Advisory relationship with the relevant GBM&T Canada business product, service, and operational heads.
• Develops a world class Advisory team and program, providing ongoing counsel and advice, and delivering consistently efficient and effective compliance support to Corporate & Investment Banking, ECM, DCM, GLS and Equity Research, including:
  • Ensure that the policies and procedures for the business groups supported reflect, at a minimum, all Canadian legislative and regulatory requirements
  • Application of Scotiabank internal policies and procedures
  • Completion and effective challenge of risk assessments, such as New Initiative Risk Assessments (NIRAs) and Compliance Risk and Control Assessments (CRCAs)
• Provides leadership and direction for the Advisory team, including providing significant influencing and coaching and mentorship.
• Supports, develops, and delivers annual, periodic, and ad hoc compliance and related risk management training, education and awareness initiatives to the appropriate internal stakeholders and business divisions.
• Oversees, coordinates and/or assists in the preparation for reviews and information requests from Canadian and International regulatory bodies.
• Assists and provides guidance when responding to regulatory and internal audit inquiries, which includes gathering documents and/or data extracts.
• On an ongoing basis, monitors and reports on the state of the GBM&T Canada Advisory Compliance program, through regular meetings with business, compliance and control personnel, the preparation and/or review of management information reporting and internal audit/regulatory review results.
• 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; communicating vison/values/business strategy; and managing succession and development planning for the team.
• Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.

Education/Experience

• Post-Secondary education and/or professional designations
• A minimum of ten years of relevant experience in an institutional business or compliance setting in a large financial institution, established securities dealer or regulatory agency
• Experience working in or with Corporate Banking, Investment Banking, ECM, DCM, GLS and/or Equity Research is considered an asset
• General understanding of Canadian regulatory environment and industry trends
• Ability to identify opportunities for initiating, improving and/or standardizing policies, procedures, and systems across GBM Canada whether in response to regulatory changes or identified problems and then conceptualize, produce, and promote efficient and cost-effective solutions to various levels up to and including senior management
• Excellent written and verbal communication skills and a proven ability to lead and motivate individuals and teams to work together in a coordinated way
• An enquiring mind, sound judgment and a strategic thinker who can, when appropriate, be tactical and pragmatic
• Ability to learn, adapt and remain resilient in a dynamic regulatory and business environment
• Strong project management skills with a proven track record of success with regulatory compliance and technology-based compliance projects