Senior Regulatory Compliance Officer
1 week ago
Scotiabank is seeking a Senior Regulatory Compliance Officer to lead the development and maintenance of our language compliance program. This role will focus on ensuring our organization's adherence to French language legislation in Canada.
About the RoleThis position will support the implementation of a Canada-wide strategy for compliance with applicable Federal and provincial language legislation and effective management of language-related compliance risk.
- Main Responsibilities:
- Lead and manage a language regulations compliance program, aligned with Scotiabank's Compliance Management Framework eight key pillars of compliance risk management.
- Provide expert advice and counsel to business units related to language-related legislative and/or regulatory obligations under applicable Federal and Provincial law.
- Promote and maintain effective relationships with key regulators such as the Office Québécois de la Langue Française (OQLF).
- Maintain track of audit management action plans related to French language and language-related compliance and provide appropriate second-line challenge.
- Manage all aspects of the preparation and filing of required triennial reports to the OQLF and collect, compile, and analyze necessary data underpinning these reports on French language compliance within Scotiabank.
- Manage regulatory complaints and complaints related to Scotiabank's compliance with French language obligations.
Requirements:
- Previous Banking/Finance project experience (3+ years), especially regulatory.
- Fluency in French and English (spoken and written) required due to frequent interactions with internal English- and French-speaking colleagues or external partners across Canada.
- Strong Compliance experience preferably within a financial institution or similarly complex organization (5+ years).
- Strong understanding of Quebec language legislation, Francization experience.
- Managing complex projects and initiatives to completion within tight timelines.
What We Offer:
- In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed.
- A competitive salary ranging from $120,000 to $180,000 per annum, depending on experience.
- You will relish work-life balance, team events, and opportunities to participate in the community.
Pursuant to a language needs assessment conducted by Scotiabank, the successful candidate will be required to communicate in English in addition to French because they will be required to work closely with other groups from head office who operate primarily in English and will serve an English and French-speaking clientele frequently.
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