Requisition ID: 223070
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose

Global Derivatives Onboarding, who is part of GBM Onboarding is a critical component in the bank's overall AML & Regulatory Compliance efforts. The Associate will manage a team specializing in KYC/AML/Derivatives performing the onboarding activities for GBM/Commercial customers, ensuring to meet Enterprise-Wide and local KYC standards, including regulatory requirements and bank-driven due diligence measures.

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

• Assist the Associate Director, Global Derivatives Onboarding to facilitate the onboarding of global GBM/Commercial clients in an efficient, compliant and client-centric manner. Keep Associate Director informed about any anticipated delays in completion of onboarding. Provide subject matter expert and continuously streamline and improve the operations to enhance the customer experience by ensuring a smooth onboarding experience covering KYC, derivatives, margins and tax.
• Ensures adherence to the GBM Client Onboarding Program through operationalizing the policy in the form of well-articulated processes and written procedures; supports industry mandated changes or system changes by participating in the change process; implements changes through compliance with bank policies.
• Provide clear, constructive and regular feedback to analysts, with a focus on personal and professional development.
• Assist with providing day to day oversight and workload management for the team.
• Continually acquire and enhance knowledge of both the Bank's and the Division's business strategies and policies, risk management practices and methodologies, product offerings, financial markets, financial instruments, regulatory requirements, Bank Office processes and rapidly changing technology to assist in driving continuous improvement in efficient and client-centric onboarding procedures.

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

• A graduate degree in Finance, Business, Economics or a related discipline is preferred.
• Working experience in derivatives onboarding and knowledge of regulatory requirements (Canadian KYC/AML, Canadian Trade Reporting, Dodd Frank, EMIR, MIFID and FATCA).
• Knowledge of global banking and capital markets products, including derivatives, margins, and tax-related aspects.
• Knowledge of end-to-end workflows among the Front, Middle, and Back Offices.
• Prior Leadership experience required
  

Work Arrangement: This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.

Interested?

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

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.