Director, Compliance Quebec

Requisition ID: 237811

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.- As an integral member of Scotiabank’s Global Compliance Leadership Team, the Director, acts as the thought leader in setting the strategy, oversight and execution of regulatory compliance risk management, with a primary focus on Quebec’s regional business priorities, with responsibilities that will eventually span other provincial and enterprise-wide regulatory initiatives. This role has overall responsibility for the independent assessment and management of regulatory compliance risk, aligned to Scotiabank’s strategic objectives and risk appetite while promoting a strong culture of ethics, compliance and integrity.-
- This role creates value by providing strategic direction and advice on regulatory matters (excluding AML) to Canadian Banking, promotes the proactive and effective identification, prioritization and management of regulatory and compliance risks for banking businesses operating in the region of Quebec and respective transformational initiatives and ensures ongoing compliance with applicable laws, regulations, voluntary codes and public commitments.The Director reports to the Vice President, Canadian Banking and Corporate Function Compliance and regularly interacts with a diverse set of stakeholders to deliver Canadian Banking’s compliance programs and related initiatives and provides ongoing oversight, effective challenge and proper maintenance of the Regulatory Compliance Management Program through advice, research, analysis and recommendations.

**_
Is this role right for you? In this role, you will be driving:_**:

- Stands up and leads the design, planning and execution of regulatory compliance management programs and ensures they meet Enterprise Compliance standards and expectations, encompassing regulatory change management, monitoring and testing processes, and Compliance Risk and Controls Assessments (CRCA), etc.
- Provides expert advice and counsel to the business units related to regulatory obligations impacting Quebec and maintains a pulse on emerging risks, regulatory developments and regulator’s areas of focus
- Fosters and maintains collaborative relationships with key internal and external stakeholders including regulators, Canadian Bankers Associations, Legal/ Government Affairs, Global Compliance, Corporate Functions, Business Leaders to support the achievement of initiatives and risk mitigation approaches
- Primary point of contact for all Banking Business Line Executives, SMT, and other Functional Units in the region to coordinate and drive shared activities and accountabilities that impact regulatory compliance and provides independent oversight and effective challenge role over the 1st line risk and control owners
- Drives effective and efficient operations while ensuring adequacy, adherence to and effectiveness of business controls to meet regulatory obligations, regulatory compliance risk and conduct risk, including but not limited to, responsibilities under the Operational Risk Framework, Regulatory Compliance Risk Management, Privacy and the Guidelines for Business Conduct.
- As part of the Compliance leadership team, provides knowledgeable and practical direction to the Vice President, Canadian Banking and Corporate Function Compliance.
- Partners with the Compliance teams who oversee business units and program pillars (Oversight and Advisory and Enterprise Compliance, respectively) to deliver initiatives impacting the Compliance Program, including developing, maintaining and implementing improvements to policies, procedures and processes to ensure they meet Global Compliance standards.
- Responsible for the development and maintenance of ongoing high quality, insightful reporting provided by the Compliance Department to senior stakeholders including the Board of Directors, Senior Management Teams, and any applicable federal and provincial regulators.
- Leads Compliance engagements with internal audit and external reviews and responds to regulatory inquiries and investigations.
- Maintains a high level of awareness of compliance-related industry developments.
- Successfully engages and balances multiple initiatives simultaneously;
- Participates in projects and other duties as assigned.-
- **
Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have**:

- 8 years of Compliance related experience in the financial services industry;
- Impact, influence maturity and experience working with a diverse group of stakeholders and demonstrated strong collaboration skills across the organization
- Strategic and critical thinker, strong collaborator and experience in leading change with an innate ability to grasp both big picture and rigorous attention to detail
- Ability to draw connections between the regulatory requirements and business initiatives, recognizing oncoming impediments, risks, issues and