Job Information
Scotiabank Senior Manager - Regulatory Reporting Specialist in Toronto, Ontario
Senior Manager - Regulatory Reporting Specialist
Requisition ID: 204249
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Senior Manager, Trade Reporting Specialist – GWO - Toronto, ON
Purpose:
The position requires deep understanding of the OTC derivatives trade reporting regulatory requirements, specifically with the regulatory requirements for Canada Securities Act (CSA), Dodd Frank Act (DFA), The European Market Infrastructure Regulation (EMIR), Australian Securities and Investment Commission (ASIC) OTC Derivatives Requirement, Monetary Authority of Singapore (MAS) OTC Derivatives Requirements, and the Hong Kong Monetary Authority (HKMA) OTC Derivatives Requirement. The position also requires knowledge of Swap Data Repository e.g. DTCC Technical Specification and Agile project delivery methodology to support the build out of our future state trade reporting infrastructure and associated processes and controls. The position will work collaboratively with stakeholders across Operations Control, Technology, Regulatory Business Initiatives, Internal Control and other stakeholders. The person will be responsible for requirements elicitation, test case preparation and execution, issues management and prioritization and providing project updates and relevant materials as required.
What You’ll Do
Provide G20 OTC Trade Reporting SME (relevant Jurisdiction Regulations e.g. CFTC, SEC, OSC, EMIR, MAS, HKMA, Mifid and ASIC) guidance to project team and stakeholders –
Leading Business requirements, data mapping, transformation rules for a number of assets classes/products
Lead workshops with stakeholders and other Trade Reporting SMEs to drive out business requirements.
Guide the Project Manager with the creation of the project plan and project updates
Lead the UAT execution, document test results, facilitate defect review and prioritization meetings.
Analyze impact of change requests on test execution and reprioritize test cases accordingly.
Define approach, plan and stakeholder engagement model for the end-to-end requirements process for applicable trade reporting and trade reporting related controls.
Investigate external vendor & regulatory technical specifications - DTCC & Unavista Technical Spec, CFTC, EMIR, SEC, MAS, HKMA, ASIC and other applicable Technical Specs to create data mappings and transformation rules.
Acquire in in-depth knowledge of DTCC and/or other Swap Data Repository Specifications to work with minimum guidance in data mapping and test case creation exercises.
Collaboratively work with the development team to explain functional requirements & data mappings to ensure technical solution meets business requirements.
Lead test case creation efforts for the streams you are responsible for
Perform data analysis and validation, document field mappings and transformation rules for Droit, DTCC and Unavista integrations.
Participate in industry working groups and communicate industry views on rules operationalization and issue resolution.
Review and recommend sign off on traceability matrix for test cases, mapping business requirements to test cases.
What You’ll Bring
Experience working as Business Analyst in Capital Markets
OTC derivatives product knowledge and regulatory experience
Knowledge of G20 OTC trade reporting requirements/ reporting logic for various regimes (CFTC, SEC, OSC, MIFID 2, EMIR, MAS, HKMA, ASIC etc.)
Exceptional business analysis skills and demonstrated success participating project lifecycle. This includes scope definition, business case development, requirements gathering, test script development, deployment, and implementation assistance.
Experience in leading a team
Work Arrangement: This position is currently a Hybrid role, with the expectation that you will work two days a week in the office. Please note that this is subject to change based on the needs of the business.
Interested?
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What's in it for you?
Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.