Requisition ID: 215282

 Salary Range: 90,000.00 - 167,200.00 

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
 

Trade Floor Supervision (“TFS”) is a subset of the First Line Supervision Support team within US Internal Control.  TFS is embedded on the trading floor and is responsible for establishing and monitoring a control framework that is reasonably designed to create a compliant trade floor environment.  Specifically, TFS performs monitoring of transactions and communications of sales and trading employees to ensure compliance with the firm’s Code of Conduct, internal policies and procedures, Global FX Code, industry standards and applicable regulatory requirements.

What You’ll Do 

 

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

Review electronic and voice communications generated by Global Banking and Markets (“GBM”) and Group Treasury staff for compliance with regulatory requirements and/or internal policies and procedures.   

Perform and manages investigations of electronic and voice communications (e.g., discussing the facts and circumstances surrounding a particular communication with an employee), documents findings and, where required, escalates to relevant stakeholders which communications include potential violations of regulatory requirements and/or internal policies and procedures.

Perform market conduct related transaction monitoring for GBM sales and trading employees and manages related investigations, documents findings, and, where required, escalates to relevant stakeholders which transactions may have violated regulatory requirements and/or internal policies and procedures. 

Must be highly organized and diligent in tracking and documenting numerous parallel investigations at the same time.

Communicate directly with the business regarding monitoring related investigations.

Able to use judgment in managing highly sensitive information and/or situations.  

Assist with creating and disseminating reporting relating to monitoring.

Assist with periodically reviewing and drafting TFS procedures.

Responsible for participating in the periodic review of the parameters of communication and transaction-based reviews performed by TFS.

Assist with producing communication or transaction monitoring related evidence in connection with requests from external and internal auditors.

Perform daily risk based WSP reviews (e.g. cancel and amends, commissions, errors. 

Perform monthly trend analysis reviews.

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

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. 

Champion a high-performance environment and contributes to an inclusive work environment. 

 

 

What You’ll Bring 

 

Previous experience in a front office supervision role or compliance function preferred Working knowledge of securities law, regulations and trading rules  Ability to conduct detailed investigations and write concise reports in a timely manner. Must be able to obtain US licensing with FINRA (Series 7, 63, 24) Prior experience conducting communication surveillance would be highly desirable Thorough analytical skills required to work with the various programs and information to ensure completeness of a communication. JD preferred. Proficiency in Spanish is preferred but not required.

 

Interested? 

 

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank! 

 

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, 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.