Risk Compliance Project Manager - to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk - 31299 and 31298

Risk Compliance Project Manager 

Location Address: HYBRID (6 days per month) - 150 King Street W

Contract Duration: Until 06/30/2024

Story Behind the Need

• Business Group: Global Equities oversees projects relating to Trade Life Cycle support.

• Project: This contractor will be working with the T+1 project, a large scale initiative across all banks in Canada. They will be contributing to the overall success of the Middle Office ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

The contractor will be responsible for a broad array of operational duties including, but not limited to, the oversight and management of Trade Life Cycle support, Trade Administration, onboarding and enablement, trade monitoring, reconciliation, and client services.

The contractor will also work within the MO Management Team in the identification, initiation, research and development of process solutions across the MO business lines, with the intent of improving overall operational efficiency/effectiveness while ensuring that compliance, risk and regulatory issues are adhered to.

Responsibilities:

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

• Oversight of the Middle Office team, Functions such as coordination oversight and management of Trade Life Cycle support, Trade Administration, onboarding and enablement, trade monitoring, reconciliation, and client services., and client operational queries.

• Execution of Middle Office Strategy as it relates to a Performance Culture. 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 vision/values/business strategy and managing succession and development planning for the team.

• Champions a culture of continuous operational improvement by independently resolving highly complex, multi-faceted problems to meet the business needs across MO with a specific focus on creating tangible / measurable operational efficiencies. This involves opportunity identification, preparing proposals, defining business requirements and processes, developing, testing, conversion and implementation strategies, developing detailed project plans, monitoring progress against planned objectives, and securing consensus and co-operations from users and senior management.

• Understand 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

Must-Have skills

• 5+ years post-graduate experience in industry or academia in in the areas of capital markets, finance and banking and/or process improvement, business analysis and solution implementation

• 3+ years’ experience in banking/capital markets operations

• Excellent verbal and written communication skills and the ability to negotiate, influence and interact professionally with a diverse group of Front Office Users, QAs, Developers, and SMEs

• Demonstrated knowledge of analytical problem solving and process engineering techniques (i.e. process mapping and analysis techniques)

• Strong technical abilities including knowledge of basic software engineering principles (experience in SQL, VBA, Access, Excel preferred), and a sound understanding of operational processes

Nice to Have Skills

• Prior Scotia Experience

Education

• College or University degree (Business or Financial preferred)