Senior Analyst, Global Testing Oversight, GBMT Compliance

Senior Analyst, Global Testing Oversight, GBMT Compliance

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!

Position: Senior Analyst, Global Testing Oversight, GBMT Compliance

Purpose: Contributes to the overall success of the Global Banking Markets and Treasury (GBMT) Compliance Department by overseeing and reporting on the status of the overall GBM&T Compliance Testing Program. The Senior Analyst will work closely with the Managing Director, Global Head of Central Compliance & Head of Compliance Testing, GBM&T, the Global Testing Center of Excellence, and the Regional Heads of Compliance Testing to prioritize, document, and track "run the bank" and "change the bank" requirements/commitments related to the Testing program. The Senior Analyst will be responsible for supporting the critical analysis and review of strategic inputs, setting guidelines, sharing best practices, leading/coordinate team development trainings and process improvements that contribute towards oversight of the GBMT Compliance and broader Global Compliance Testing book of work.

Accountabilities:

• Work with cross-functional teams within the GBMT Compliance Testing community to ensure best practices are shared, new trends are evaluated/implemented, and business cases analysis, with results presented for approval to become best-in-class
• Provide support as needed for any remaining Remediation Testing activities across GBMT Compliance Testing
• Coordinate the development of GBM&T Compliance Testing Annual Plan (the "Annual Plan"), work with regional/enterprise-wide Compliance Testing to report on key messages, document meaningful inputs, and ensure internal practices alignment.
• Perform the operational risk self-assessment of GBM&T Compliance Testing function (e.g., Effectiveness Self-Assessment).
• Provide input into developing and enhancing current global testing processes, process maps and procedures.
• In consultation with Compliance Testing management, create and drive effective communications to internal stakeholders as well as within the Compliance department.
• Support the Managing Director, Global Head of Central Compliance & Head of Compliance Testing, GBM&T in developing and tracking the Compliance Testing annual budget, highlighting resource or capacity concerns and other relevant resource needs.
• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Establish sound business relationships by working with internal and external stakeholders to address or facilitate ad hoc and committee material requests.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Run a "Testing Center of Excellence" for GBMT Compliance, highlighting lessons learned, and opportunities for continuous improvement.
• Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabank's Values, its Code of Conduct, and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, and conduct risk.

Reporting Relationships: Primary Manager: Director, Strategy & Governance GBM&T Compliance

Education / Experience / Other Information:

• At least 1-3 years of experience in compliance testing, internal/external audit, business or risk management role in global financial institution engaged in corporate banking and institutional trading & sales activities (including securities, futures, and over-the-counter derivatives) required.
• At least 1-3 years of experience in budgeting, annual planning and project management required.
• General knowledge of testing processes and methodologies.
• Exceptional organizational and time management skills are essential for the role.
• Excellent communicator in both the written and oral form. Understands how to approach communication from a strategic perspective. Ability to create clear, convincing, and well-organized presentations and communications.
• Experience working for a non-U.S. bank and the ability to function effectively in a global matrixed management environment highly desirable.
• Familiarity with legal and regulatory requirements applicable to non-U.S. financial institutions engaged in corporate banking and institutional trading & sales activities highly desirable.
• College Degree or international equivalent required.

Working Conditions:

• Work in a hybrid office-based environment; non-standard hours may be required during peak time.
• Fast paced, quickly changing environment.
• Significant amount of information flows to and through this position requiring an ability to quickly review, assimilate, prioritize, and make decisions.
• High stress levels in addressing significant regulatory issues and working with tight deadlines.

Location(s): United States : Texas : Dallas