Requisition ID: 215145

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose
The incumbent will join an ambitious, results oriented and dynamic Compliance team and will assist in ensuring business and Compliance strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures. The incumbent will be responsible for supporting the Compliance programs for Scotia Securities Inc. (SSI) and Tangerine Investment Funds Ltd. (TIFL)

Accountabilities

• Assists the Senior Manager, Mutual Fund Dealer Compliance in carrying out day-to-day compliance functions and the development, drafting, updating and administration of compliance policies, procedures, manuals, guides and notices as directed.
• Review and approve advertisements and sales communications to ensure they comply with regulations (CIRO, OSC, etc.) and internal policies and procedures for Scotia Securities Inc. and Tangerine Investment Funds Ltd.
• Document and assist with the implementation of compliance policies and procedures, reviews and training programs etc. which must also be evaluated taking into consideration legal requirements, CIRO and AML requirements, existing Bank procedures and systems, business risks, efficiency and the supervisory and management controls required.
• Assist with the development, implementation and monitoring of training programs for mutual fund registrants as mandated by the CIRO and any ongoing education requirements that result from implementation of financial planning legislation, CIRO requirements, or any other applicable regulatory authority.
• Assist in evaluating requirements/policies for new product and/or process implementations and systems initiatives.
• Pro-actively identifies violations (actual, potential, and perceived) of regulations, rules, laws, internal policies and procedures or other risk situations at an early stage. Conducts inquiries and investigation into such situations and ensures that appropriate corrective and/or risk mitigation actions are implemented in a timely manner.
• Assesses requests for compliance approvals and arrives at recommendations and/or conclusions based on the exercise of sound judgement on moderately complex decisions.
• Escalates matters that are complex in nature and in which further guidance is required or falls outside existing policies to the Senior Manager. Critical matters are immediately escalated to the Director, Chief Compliance Officer SSI
• Assist in reporting incidents of non-compliance, regulatory changes, examinations (internal and external), etc. to the SSI and TIFL Board of Directors, Management/ Oversight/ Risk Governance Committees.
• Functions as the key point of contact and resource on day-to-day, compliance related inquiries and requests from Scotia Securities Inc. (SSI) andTangerine Investment Funds Ltd. (TIFL) business and compliance colleagues.
• Assists in identifying efficiencies and areas for improvement within the existing compliance program, testing of processes and controls anddeveloping, maintaining and implementing changes to the firm’s compliance policies and procedures.
• Maintains a high level of awareness and knowledge of regulatory compliance requirements, developments and industry “best practices” throughreview of publications, participation in industry associations, employee development initiatives, etc.
• Performance of other duties and projects assigned including, but not limited to, acting as back-up to colleagues.

Education/Experience

• College Diploma or University Degree
• Five or more years directly relevant investment industry experience with a CIRO member firm, preferably within a similar role
• Canadian Securities Course
• Conduct and Practices Handbook Course an asset
• Bilingual (English/French) an asset

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.