Manager, Regulatory Reporting, Financial Accounting and Reporting

Overview

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Manager, Regulatory Reporting, Financial Accounting and Reporting

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Scotiabank . Requisition ID: 237280 The Regulatory Reporting team manages and oversees financial regulatory reporting for the Bank and assigned subsidiaries. This includes governance of the process, monitoring compliance with filing requirements, change and project management for new or enhanced returns, relationship management with regulators (e.g. OSFI, Bank of Canada, AMF, Statistics Canada, CDIC, FED, SEC, DTCC), completion of returns on time, performance of variance analysis, response to regulatory inquiries, internal information providers, and participation in industry meetings. Responsibilities

Prepare and review assigned returns for the Bank and assigned subsidiaries Provide governance ensuring accurate and timely filing of all financial reports with Regulators (e.g., OSFI, Bank of Canada, Statistics Canada, CDIC, AMF, FED, SEC, DTCC), and keeping abreast of regulatory changes Analyze large data sets to identify patterns, trends, insights and document the business rationale for variances above thresholds; proactively resolve issues and provide explanations to Senior Managers where appropriate Interpret and implement new reporting requirements and manage the implementation of system and procedural changes to ensure compliance Prepare and maintain process documentation and operational guidance for the assigned returns Work with internal control testing team/internal audit to coordinate and complete testing requirements by participating in walkthroughs, follow-up meetings and providing artifacts where applicable Coach/mentor team members to ensure knowledge sharing, best practices and process improvements Accounting and Other Initiatives

Participate in accounting and other initiatives impacting financial regulatory filings, including new or enhanced systems, changes in accounting standards, new products or acquisitions; perform regulatory tree review/update and review CRFs to assess impact on regulatory reporting Change Management

Embrace and drive change as required. Identify opportunities to improve efficiency and propose changes to Senior Manager/Director Other Projects and Initiatives

Manage ad-hoc projects as assigned by Senior Manager/Director or other areas in the group Skills

Accounting designation (CPA or equivalent) with minimum 2-4 years of experience in regulatory or financial reporting role, preferably in a financial institution Bachelor’s degree with specialization in accounting or finance Strong knowledge of IFRS and financial regulatory requirements with strong understanding of financial and management accounting principles Prior experience working in a banking regulatory reporting environment will be an asset Strong analytical, conceptual, problem solving and organizational skills Ability to manage conflicting requirements, manage priorities, time and resources appropriately; multitasking capabilities Good team building skills, working with diverse groups to resolve issues and identify efficiencies Solid communication skills (written & oral) and interpersonal skills with a strong ability to establish relationships with internal stakeholders, including senior management, as well as external regulators Ability to work in fast-paced environment and develop strong relationships with key business partners across the bank such as GRM, Technology and Compliance Strong PC skills with emphasis on Excel, PowerPoint and Word Sound knowledge of the Bank’s reporting systems such as OBI/EGL, UI, CDM, Axiom, Power BI and regulatory reporting system RRS would be an asset Good understanding of risks and controls in the production environment (around systems, manual inputs, and working files), ensuring implementation of changes, ongoing maintenance and strengthening of the control environment Preferred attributes include attention to detail, independent, flexible, curious, proactive, and a self-starter What’s in it for you?

Inclusive and collaborative environment that encourages creativity, curiosity, and celebrates success Competitive rewards: Performance bonus, Employee Share Ownership Program, Pension Plan Matching, Health Benefits from day one Your career matters! You will have access to career development and progression opportunities Location

Canada: Ontario: Toronto Scotiabank is a leading bank in the Americas. We are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation during the recruitment process, please let our Recruitment team know. Candidates must apply online to be considered. Only those selected for an interview will be contacted.

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