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Senior Administrator Regulatory Initiatives Specialist

2 months ago


Markham, Ontario, Canada Scotiabank Full time
Job Title: Senior Administrator Regulatory Initiatives & Reporting

Job Summary:

The Senior Administrator will provide dedicated support to the Senior Manager, Regulatory Initiatives & Reporting, focusing on administrative and compliance tasks. This role will enable the Senior Manager to concentrate on larger projects and compliance activities, ensuring adherence to governing regulations, internal policies, and procedures.

Key Responsibilities:
  1. Regulatory Oversight and Compliance:
  • Collaborate with the Senior Manager and/or assigned Project Team to uphold regulatory oversight and risk management standards.
  • Work with Compliance partners to implement regulatory and fiduciary guidelines into best practices.
  • Monitor adherence to regulatory and internal Bank requirements, ensuring compliance, risk management, and regulatory rules are followed.
  • Support the audit function in preparation and issue resolution of findings.
Compliance and Regulatory Support:
  • Minimize the Bank's exposure to risk by complying with procedures, regulatory activities, and guidelines.
  • Support and reinforce changes in policies and practices to the Senior Manager for communication to Relationship Managers and other stakeholders.
  • Ensure client complaints, claims, legal actions, and regulatory reviews are handled effectively.

Requirements:

Education & Work Experience:

  • University Degree or College Diploma in Business, Economics, Accounting, or Finance.
  • Asset: CSC & CIM.
  • Previous experience with Tier 1 compliance/regulation.
  • Thorough investment management knowledge and experience in compliance and regulatory rules.
  • Solid understanding of Canadian Wealth Management objectives, strategies, and structures.
  • Strong compliance knowledge and experience in Private Wealth and Investment Management.