Daily Account Supervision Officer - Toronto, Canada - Scotiabank

Scotiabank

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Requisition ID: 167828

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

In the Daily Account Regulatory Officer role, you will contribute to the overall success of the Scotia iTrade daily account supervision team in Canada, ensuring all activities are conducted in compliance with governing regulations, internal policies, and procedures.

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

Conduct daily account supervision via the analysis of various trade reports
Review trades completed by Scotia iTrade staff, ensuring all trades have been appropriately authorized, entered and executed
Identify potential and actual compliance issues and concerns (i.e., AML, Sanctions, UMIR violations, ramping, credit risk and vulnerable clients)
Conduct followup inquiries and reviews ensuring appropriate corrective actions are implemented in a timely manner
Identify trading concerns and issues from a regulatory perspective such as market manipulation, restricted buys, restricted accounts, insider trading
Identify high risk accounts, notifying management and other departments as required
Conduct monthly reviews of client statements
Perform compliance and regulatory tasks, such as investigating inquiries arising from the review of monthly account statements and/or queries from compliance and other departments
Complete IIROC regulatory trade marker corrections
Demonstrate full understanding of the implications of dealing with trading and compliance issues, while ensuring that the confidentiality of customer information is maintained at all times
Adhere to policies and practices that regulate the investment industry by escalating all complaints as necessary
Maintain accurate records of reviews and activities such as recording identified issues, follow ups, actions taken, etc.

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

Thorough knowledge of industry, compliance, and trading policies
Prior investment industry and brokerage industry experience
Strong analytical skills as well as a high degree of judgment and organizational skills and initiative to deal with diverse and complex inquiries relating to Scotia iTrade products and services
The ability to work in a fastpaced environment where volumes are dictated by market trends, customer demands, seasonal peaks, and advertising campaigns
The ability to work independently within the boundaries of existing policies and guidelines referring to management, complex situations, and issues, not encompassed within the guidelines
Proactivity in their monitoring and initiative to change their tasks and to advise management of necessary changes and modifications as the job continues to evolve.
The incumbent must exercise judgment in the prioritization of his/her workload to ensure optimum response times are met and adherence to established service standards is maintained
Fluency in verbal and written French is an asset

Education / Required Accreditation:

Successful completion of Canadian Securities Course (CSC)
Successful completion of Conduct and Practices Handbook (CPH)
Successful completion of Derivatives Fundamentals and Options Licensing (DFOL)
Successful completion of the Investment Dealers Supervision Course and Options Supervisor Course is preferred

What's in it for you?

Come work in a diverse and inclusive workplace with supportive peers and leaders who will invest in your ongoing development and career momentum

Location(s): Canada : Ontario : Toronto || Canada : Ontario : Ottawa

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.