Associate, First Line Testing
1 week ago
Requisition ID: 200118
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
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
You will contribute to the effective design and execution of the First Line Testing program globally; ensuring business strategies, plans and initiatives are carried out in compliance with governing regulations, internal policies and procedures. In addition, this role also supports high priority initiatives such as Risk Assessment, Issue Management, and regulatory response for the overall program.
What You'll Do:
- Perform qualitative and risk-based First Line Testing by evaluating key control points of a sample selection and developing testing results in accordance with Global Banking and Markets (GBM) First Line Testing Procedures. The reviews will require good knowledge of GBM policies and procedures, including regulatory onboarding.
- Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Lead and/or support a variety of periodic testing and quarterly Quality Assurance reviews.
- Testing of a broad variety of GBM-related procedures and risks, including regulatory onboarding procedures that impact GBM business trading activity (Dodd-Frank, EMIR, Canadian Trade Reporting) and the review of procedures and ad-hoc reviews
- Perform analysis to identify and address patterns, themes, or trends that indicate potential weaknesses or gaps in the execution of GBM First Line Controls
- Produce GBM metrics and key risk and performance indicators
- Provide effective and constructive feedback to the First Line of Defence within GBM on identified deficiencies
- Support in developing appropriate corrective and preventive actions plans.
- Draft periodic reporting of findings and progress against remediation objectives to management and other key stakeholders
- Support continuous development on GBM First Line Testing Methodologies
- Support in the development of training, where appropriate, based on Regulatory Onboarding QA results and progress of corrective actions
- Developing and maintaining key relationships with both the First and Second Lines of Defence (e.g., global derivatives compliance teams, GBM Internal Controls stakeholders)
- 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, and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, and the Guidelines for Business Conduct.
- Participating in ongoing initiatives and projects, as required
What You'll Bring:
- Bachelor's degree in business administration, finance, or equivalent work experience
- Experience in Operational Risk or Project Management
- Experience in OTC Derivative trading activities and regulatory requirements is preferred
- Minimum of 4 years in financial services, consulting, operational risk, internal controls and/or compliance
- Prior experience in examinations/auditing roles, Quality Assurance, and an understanding of testing methodology and risk and controls analysis
- Knowledge in capital markets and wholesale banking products and operating model is strongly preferred
- High proficiency in Excel, PowerPoint with ability to manage large datasets – analytics skill and/or knowledge of Power BI are preferred
- Data and financial analysis experience is preferred
- Fast learner, strong analytical skills and critical thinking capabilities to frame and structure complex issues effectively and develop insights and recommendation.
- Change agent with high energy, demonstrated strong ability to work under pressure, deal with ambiguities and uncertainties, and drive for result
- Strong communications, organizational, project management, and planning skills
Work Arrangement:
This position is currently a hybrid role, with the expectation that you will work at least 3 days a week in the office. Please note that this is subject to change based on the needs of the business.
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): Canada : Ontario : Toronto
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.
-
Associate, First Line Testing
1 week ago
Old Toronto, Ontario, Canada Scotiabank Full timePress Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Requisition ID: 200118Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and...
-
Toronto, Ontario, Canada Scotiabank Full timeRequisition ID: 189358Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Associate, First Line Supervision, Internal Control - Toronto, ONGlobal Banking and MarketsGlobal Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and...
-
Toronto, Ontario, Canada Scotiabank Full timeRequisition ID: 200092Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Global Banking and MarketsGlobal 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...
-
Toronto, Ontario, Canada Scotiabank Full timeRequisition ID: 200092 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....
-
Associate Director, Stress Testing
1 week ago
Toronto, Ontario, Canada EQ Bank | Equitable Bank Full timeThe WorkThe Associate Director of Stress Testing reports directly to the Director of Risk Operations and Analytics. In this role, the incumbent will assume responsibility for supporting the co-ordination, development, and execution of stress testing programs, including Enterprise-Wide Stress Testing (EWST), OSFI Macro Stress Testing (MST), Internal Capital...
-
Key Account Manager Eurofins Environment Testing
2 weeks ago
Toronto, Ontario, Canada Eurofins Canada Environment Testing Full timeCompany DescriptionEurofins Scientific is an international life sciences company, providing a unique range of analytical testing services to clients across multiple industries, to make life and our environment safer, healthier and more sustainable. From the food you eat, to the water you drink, to the medicines you rely on, Eurofins works with the biggest...
-
Associate Director, Stress Testing
1 week ago
Toronto, Ontario, Canada Equitable Bank Full timeCore Parts Of The Role Would Br TStress Scenarios (20%)Design, develop, and maintain a process to identify risks including emerging risk and market sentiment. Design, develop, and maintain a process to define stressed scenarios appropriate for EWST, ICAAP, and recovery plan. Lead the co-ordination of stressed scenario forecasts and oversee the narrative of...
-
Commercial Lines Account Associate
1 week ago
Toronto, Ontario, Canada HUB International Full timeOverview of Position:HUB International's vision is to be everywhere risk exists - today and tomorrow. Helping protect what matters most.The Commercial Healthcare Practice is looking for a dynamic and results oriented Account Associate to join our growing practice in either downtown Toronto or Markham. This is an ideal role for someone who possesses strong...
-
Associate
2 weeks ago
Toronto, Ontario, Canada Scotiabank Full timeGlobal 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 presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world. ...
-
Associate Mortgage Underwriter
2 weeks ago
Toronto, Ontario, Canada First National Full timeWe are hiring an Associate Mortgage Underwriter, Residential Underwriting The Role: Reporting to the Manager, Residential Underwriting, the Associate Mortgage Underwriter supports the underwriting and credit decision process by reviewing all required documentation and applying sound due diligence. The Associate Mortgage Underwriter is responsible for...
-
Toronto, Ontario, Canada First National Financial Full timeWe are hiring an Associate Analyst, Commercial Quality AssuranceThe Role:The Quality Assurance Analyst is responsible for the review and assessment of loans to maintain the desired level of quality in service or product by means of attention to every stage of process of delivery and/or production.In each phase of the mortgage cycle, including underwriting,...
-
Old Toronto, Ontario, Canada Scotiabank Full timePress Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Select how often (in days) to receive an alert: Please be advised that our Careers site will be unavailable from November 28 at 12am ET to November 29 12am ET for scheduled system maintenance. Title: Director, GBM First Line Supervision, Internal Controls - Toronto...
-
Monitoring and Testing Officer
1 week ago
Toronto, Ontario, Canada Scotiabank Full timeRequisition ID: 191692Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.As a Monitoring and Testing Officer, you will execute planned testing activities to evaluate the adequacy, adherence and effectiveness of controls related to Operational, Regulatory, AML/ATF & Sanctions, and Compliance Risks across...
-
Analyst, Compliance
2 weeks ago
Toronto, Ontario, Canada First National Full timeWe are hiring an Analyst, Compliance The Role: This position will play an important role in assisting with the planning and completion of regulatory compliance reviews and the delivery of high quality, professional, and independent compliance testing. The incumbent will contribute to a strong compliance and risk management culture through collaboration...
-
Testing Automation Associate
2 weeks ago
Toronto, Ontario, Canada Munich Re Full timeSenior Actuarial Associate/Actuary We care for humankind – and that starts with our people Do you enjoy building relationships and working collaboratively in a team environment with both internal, external and global stakeholders? Reporting to the Director, Underwriting (Pricing) for Munich Re Canada, the Senior Actuarial Associate/Actuary will be...
-
Test Specialist Test Management
1 week ago
Toronto, Ontario, Canada Alpha Consulting Corp. Full timeWe are currently seeking a "Test Specialist Test Management" for a contract role with one of our clients in Toronto, ON . Please apply you would be interested and available for it. Duration: 06+ Months Requirement Over 10 plus years of Test Management. Must have experience preparing Test Plan and Test Strategy for a large complex program. Must have...
-
Associate Analyst
1 week ago
Toronto, Ontario, Canada First National Financial Full timeWe are hiring an Associate Analyst, Commercial ServicingReporting To: Associate Director and Team Lead, Commercial Servicing**Full-Time/Part Time**: FulltimePosting Date: May 28, 2024Closing Date: June 11, 2024Hours of Work: 8:30 a.m. - 5:00 p.m.Grade: 6.3Office Location: Toronto/ Hybrid Great location Steps away from the main public transit stationWhat we...
-
Manager, Testing and Monitoring
1 week ago
Toronto, Ontario, Canada Scotiabank Full timeRequisition ID: 183688Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Purpose:Support the execution of monitoring and testing activities related to operational, regulatory, and compliance risks within Global Wealth Management (GWM). This individual supports the first-line testing and monitoring activities...
-
Manager, Monitoring and Testing
1 week ago
Toronto, Ontario, Canada Scotiabank Full timeRequisition ID: 176446Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.PurposeSupport the execution of monitoring and testing activities related to operational, regulatory, and compliance risks within Global Wealth Management (GWM).This individual supports the first-line testing and monitoring activities...
-
Old Toronto, Ontario, Canada Scotiabank Full timeRequisition ID: 192164Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. 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...
