Manager, Regulatory Change Management - Toronto, Canada - Scotiabank

Scotiabank

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Requisition ID: 155887

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

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Purpose_**The manager contributes to the success of the Regulatory Change Management Group within Enterprise Compliance Operations, by facilitating enterprise-wide oversight and governance, with respect to Regulatory Change Management activities to mitigate regulatory compliance risk.

The Manager supports the Senior Manager, Regulatory Change Management and acts as a trusted advisor to stakeholders across the enterprise with regard to the Regulatory Change Management Process.

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Accountabilities_**:

Leadership Support

Support Regulatory Change Management process, including crossbusiness and crosscorporate function regulatory change activities, to contribute to Global Compliance's holistic overview of the Bank's Compliance Risk exposure
Support regulatory compliance program integration
Promote a consistent approach globally to manage regulatory changes

Regulatory Change Management

Support the maintenance and enhancement of the policies and procedures governing Regulatory Change other related enterprise documentation and artefacts
Advise and provide support to Compliance, Business Line and Corporate Function stakeholders in Regulatory Change Management while adhering to the Global Standards and Operating Procedures
Prepare and deliver periodic reporting materials, including relevant compliance metrics, for Compliance senior management and other relevant committees with respect to Regulatory Change Management
Assist in performing ongoing governance and oversight activities to ensure adoption, operationalization and sustainment of the Operating Procedures
Lead and work with crossfunctional teams in project implementation/ system enhancements, including providing postsupport to users and coordination on issue tracking and remediation, escalation and change control management.
Support with delivery of training required to operationalize and sustain Regulatory Change Management activities and processes
Respond to testing and audit inquiries and facilitate remediation of identified deficiencies or findings with respect to Regulatory Change Management
Execute independent review of Regulatory Change Management process across all business lines and corporate function to obtain assurance on program's operating effectiveness.
Assess progress with action taken to address outcome of independent review of the Library.
Ensure adherence across the Enterprise to standards, frameworks, processes and other governance requirements for Enterprise Initiatives, as applicable
Understand how the Bank's risk appetite and risk culture should be considered in daytoday activities and decisions
Support engagements with internal and external stakeholders to identify industry best practices, process and system enhancement opportunities and streamline reporting and data sharing, to support the Bank's Compliance Risk Management activities
Support other compliance duties and projects, as required

Relationship Management

Work collaboratively with peers across the enterprise and Global Compliance Management.
Participate in community calls, forums and meetings that will facilitate operationalization and awareness of regulatory change management process
Build and foster effective relationships and working collaboratively with business management, project teams, first line of defense, corporate functions and other stakeholders on Enterprise Initiatives
Effectively liaise with crossfunctional and crossjurisdictional business partners to ensure the timely execution and completion of the initiatives or specific regulatory deliverables
Champion 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 daytoday activities and decisions
Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of daytoday business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct

_Education/Experience_

Ability to interpret local and global rules and regulations and to independently assess the impact of those requirements to different areas across the Bank
Solid understanding of Regulatory Change Management process, including how it connects with the Regulatory Library Management and the Compliance Risk and Control Assessment pillars.
Solid understanding of processes and regulations applicable to financial markets and products in the following busi