Senior Manager, Regulatory Technology

Requisition ID: 198632

Salary Range: 110,700.00 - 211,800.00

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

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

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Purpose

This role will serve as a Senior Manager in the Technology Governance Office, supporting response and execution coordination activities for GTA U.S. related to regulatory, audit and self-identified issues. This person will serve as a Technology Partner for the U.S. Regulatory Relations, U.S. Operational Risk Group, Compliance and other U.S. control functions, supporting IT regulatory/audit exams and remediations and issue management across the U.S.

Contribute to the overall success of Technology for Global Banking and Markets by ensuring specific individual goals, plans, and initiatives are executed/delivered in support of the team's business strategies and objectives.

Ensure all activities conducted are in compliance with governing regulations, internal policies and procedures.

What You’ll Do

• Responsible for IT contribution to various regulatory remediation projects.

• Work closely with the Office of the CIO and internal or external auditors on tracking remediation action plans.

• Draft and review regulatory responses; provide oversight, feedback, and guidance to IT colleagues on response approach, language and potential gaps.

• Standardize technology communication, documentation, memos and senior business line communications across U.S. Technology workstreams for regulatory issues.

• Ensure governance is in place during meetings pertaining to regulatory issues and that decisions are properly minuted. Escalate risks as necessary.

• Maintain appropriate documentation and evidence throughout the remediation process, keeping the evidence repositories updated.

• Review action plans for key regulatory risks and issues.

• Attend meetings with external regulators.

• Responsible for internal reporting on status of remediation for all issues to senior stakeholders.

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

Preferred Qualifications

• Candidates should have comprehensive knowledge or experience in one or more of the following areas:

• Regulatory (e.g., FFIEC Guidelines, NYS DFS, FRB NY, FINRA)

• Technology (e.g., IT Asset Management, Software Currency, Cybersecurity scanning)

• Issue Management (e.g., execution tracking, risk evaluation, escalation, reporting)

• Audit or Exam Management (e.g., governance, audit, control functions, compliance, risk management)

• Prior experience with U.S IT Regulatory exams and remediation execution in a financial institution

• Excellent judgment and organizational skills

• Excellent writing and oral communication skills

• Ability to prioritize and work simultaneously on various tasks, independently and to completion

• Attentive to detail

What You’ll Bring

• Bachelor’s degree in related field required.

• Demonstratable experience with Regulatory exams, responses, and remediation activities.

• Significant experience with IT within a financial institution.

• Advanced in Excel and PowerPoint presentations

Interested?

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s 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): United States : New York : New York City

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.