Compliance Officer, Global Compliance Trade Surveillance

Purpose

The objective of the Compliance Officer (CO) is to directly conduct capital markets and retail trading related surveillance and support for the Global Banking and Markets & Treasury ("GBM&T") and Wealth Management business divisions of Scotiabank. The Compliance Officer ("CO") is responsible for carrying out certain Tier 2 compliance activities for assigned internal business groups in accordance with global and local regulatory requirements (in particular, those established by securities regulations and Self-Regulatory Organizations) as well as internal policies and procedures.

Accountabilities

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

• Conduct post-trade market related surveillance to address alerts (analyze and address alerts using the Trading Hub and other surveillance applications); identify and investigate any potential exchange / marketplace and regulatory rule violations by clients and/or traders.

• Focus on developing a high level of understanding of the products, markets, systems regulations and personnel necessary in order to exercise judgement to identify, diagnose, and problem-solve within the rules.

• Supports effectiveness testing of business supervision related processes and controls, including identification of gaps in the existing trade surveillance processes.

• Assist in the development and enhancement of procedures and processes of the surveillance program

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

• Assist in responding to regulatory and internal audit inquiries, which includes gathering documents and/or data extracts

• Assist other team members and provide back-up support within the team and other projects as assigned.

• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day 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.

• Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.

Education/Experience

• Post-Secondary education and/or professional designations

• Securities licenses, Canadian Securities Course, Conduct and Practices Handbook Course (CPH), Trader Training Course (TTC) and/or the Derivatives Fundamentals Course (DFC) preferred

• Minimum of 3-5 years of related experience at a financial institution and/or regulated securities dealer

• Able to work independently and with other staff across functional lines within the Bank

• In-depth knowledge of regulatory and compliance requirements

• Identify external market activity, news and additional factors that may influence trading activities

• A comprehensive understanding of the Investment Industry Regulatory Organization of Canada (IIROC) dealer rules and Universal Market Integrity Rules, Montreal Exchange Rules, Financial Industry Regulatory Authority (FINRA) rules, as well as a sound understanding of Canadian provincial securities legislation applicable to trading activities and capital markets, Dodd-Frank Act, Volcker Rule and MiFID II or MAR

• Proficiency in excel macros, custom coding and desktop tool building capabilities preferred but not required

• Strong analytical and investigative skills and demonstrated ability to operate at a strategic level

• Sound judgment in identifying risks in order to proactively escalate with relevant senior management

• Excellent oral and written communication skills