Fiduciary Oversight Leader

3 days ago


Ottawa, Ontario, Canada Scotiabank Full time
Role Overview

The Director, Regulatory & Fiduciary Oversight plays a critical role in ensuring Scotiatrust's compliance with regulatory requirements and fiduciary responsibilities. The position involves overseeing all aspects of oversight, including business within the trust company, where it acts as agent or custodian, across various product solutions.

The director leads a national team that supports Relationship Managers and Associates who service clients and beneficiaries, interacting with control functions and other partners to manage risk effectively. This requires strong leadership and collaboration skills, as well as the ability to develop and implement key initiatives that improve Scotiatrust's risk management framework.

Main Responsibilities
  • Develop and implement strategies to improve Scotiatrust's risk management framework, making it easier to do business while ensuring compliance with regulatory requirements.
  • Provide guidance and oversight to Scotiatrust branches, including leadership of the Branch Oversight & Client Services team and development and management of business policies.
  • Ensure Scotiatrust's regulatory compliance, including AML/ATF and CRA reporting, QI/FATCA/CRS requirements, SEC/CSA regulations, and any other obligations to various regulators.
  • Lead all required efforts in support of Scotiatrust participating in internal, external, and regulatory audits, partnering with control functions to ensure strong risk management embedded within the business's operating framework.
About Scotiabank

We are a leading bank in the Americas, guided by our purpose: 'for every future'. Our customers, their families, and their communities rely on us to achieve success through various services, including personal and commercial banking, wealth management, and corporate and investment banking.



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