Requisition ID: 214974
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose

Reporting to the Senior Manager, Compliance, the Manager has the primary responsibility for the review and monitoring of all advisors marketing requests submitted to Dynamic funds. The candidate contributes to the overall success of the Asset Management Compliance team ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.
The Manager, Compliance is an integral business partner with the Dynamic National Sales Team and provides essential services that support compliance with regulatory requirements surrounding sales practices.

Accountabilities

• Assists the Senior Manager, Compliance in carrying out day-to-day compliance functions including the development, drafting, updating and administration of compliance policies, procedures and reference materials.

• Review, evaluate and administer requests for financial support for advisors marketing and external dealer conferences to ensure compliance with internal policies and procedures and National Instrument 81-105(NI 81-105).

• Works closely with Business Controls/1A and 1B teams and Business other Sr. Managers of Compliance to assist in the review and evaluation of requests for financial support regarding charitable donations, and sponsorship, as well golf tournaments.

• Conduct Compliance monitoring for National Sales Team in regards to Business Promotional Items, Business Promotional Activities, Expense Report reviews - respecting the rules set out in the NI 81-105 and initiating investigations in relation to situations requiring corrective action and / issuing compliance violations notices, or escalating to the Senior Manager for action.

• Review, track and approve Marketing Sales Communications, Social Media requests, Portfolio Managers commentaries, MRFP's, Prospectuses as well as other advisor or investor facing materials, prior to publication.

• Function as a key point of contact and Compliance support to the firms Sales and Marketing teams in response to questions and inquiries.

• Promote a culture of compliance and facilitate awareness through the delivery of training and presentations to internal staff, as well as external dealerships and financial advisors, as it relates to sales practice regulations and Dynamic Fund's policies and procedures.

• Work with Director, Compliance, 1832 Asset Management L.P. to assist in the identification of gaps in policies and procedures which may have a regulatory impact and assist in the formulation of new policies and procedures to meet industry rules and regulations.

• Participate in internal working groups to provide constructive input with regards to new initiatives (such as the implementation of new Environmental and Social Governance requirements).

• Works with the Sales System Teams (OOD, Salesforce & Microstrategy) to ensure the firms electronic compliance system related to Sales Practices is optimally utilized to oversee and monitor the Sales Team activity under National Instrument 81-105.

• Escalates matters that are complex in nature and in which further guidance is required or falls outside existing policies to the Senior Manager. Critical matters are immediately escalated to the Senior Manager and VP/CCO of Compliance.

• Maintains a high level of awareness and knowledge of regulatory compliance requirements, developments and industry "best practices" to provide ongoing and proactive support to the business in relation to new/existing products, programs and business initiatives.

• Performance of other duties and projects assigned as it relates to the Asset Management Compliance Program including, but not limited to, acting as back-up to colleagues.

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.

• Actively 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.

• Champions a high-performance environment and contributes to an inclusive work environment.

Education/Experience

• Post-secondary education in a related discipline (business/economics), or enrollment in the CFA or Risk Management Designation.

• Minimum 5 to 7 years of compliance experience within a financial services compliance function.

• Key areas of regulatory knowledge include National Instrument 81-105, 81-102 section 15

• Strong customer focus with well-developed relationship management and excellent oral and written communication skills

• Experience in financial services, preferably in the area of investment compliance.

• Successful completion or enrollment in industry related courses including the Canadian Securities Course, Conduct and Practices Handbook and Canadian Investment Manager Program.

• Knowledge and understanding of financial advisory services, policies, procedures and compliance processes.

• In-depth current knowledge of applicable Canadian securities and SRO rules and regulations.

• Capable of simultaneously handling multiple tasks and meeting stringent deadlines.

• Strong attention to detail, problem-solving skills and analytical skills.

• Functional knowledge of Microsoft applications and familiarity with Compliance related applications and software including sales contact management systems.

• French Speaking an asset

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 click here. 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.