Regulatory Risk Jobs (NOW HIRING)

Requisition ID: 262508
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate's relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank's strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!
Purpose
Leads and oversees the GBM Risk Regulatory Strategy, Risk Identification, and Change agenda globally (Canada, U.S., UK, Ireland, Asia). Provides forward-looking regulatory expertise to identify, assess, and mitigate emerging regulatory risks across multiple jurisdictions, working in close partnership with Credit, Market, Counterparty, Operational Risk, Treasury, and the business. Acts as the GBM Risk regulatory change and advisory lead, shaping responses to new and proposed rules, driving remediation of regulatory findings, and ensuring ongoing regulatory hygiene through disciplined BAU oversight of audits, regulatory issues, and core regulatory processes to consistently meet supervisory expectations.
What You'll Do
Emerging Regulatory Risk Identification, Interpretation & Advisory

• Serves as the GBM Risk-wide authority on emerging regulatory risks and regulatory change, providing strategic interpretation of supervisory priorities, evolving and proposed rules, , and thematic concerns across global jurisdictions.
• Advises senior risk leadership on regulatory risk exposure, readiness gaps, and prioritization, translating regulatory developments into actionable risk and control implications.
• Shapes proactive regulatory strategies and positions on proposed rules, ensuring GBM Risk input is coordinated, consistent, and aligned to business objectives and risk appetite.
• Maintain current GBM Risk awareness of SR letters, Basel, OSFI developments and cross-border supervisory coordination expectations.

Cross-Risk Stripe Coordination & Regulatory Change Execution

• Drives cross-functional coordination across Credit Risk, Market Risk, Counterparty Risk, Operational Risk, Treasury, and key stakeholders to ensure regulatory risks and changes are addressed holistically.
• Leads the end-to-end execution of regulatory change and remediation initiatives for GBM Risk, ensuring timely, high-quality delivery aligned with supervisory intent.
• Provides perspectives on GBM Risk responses to regulatory findings, MRAs, exams, and thematic reviews, ensuring remediation plans are robust, risk-based, and embedded into BAU processes and control frameworks.
• Ensures regulatory changes are implemented consistently across regions, while appropriately reflecting jurisdiction-specific requirements and supervisory expectations.
• Establishes and maintains a structured, disciplined approach to communicating regulatory developments, expectations, and changes across GBM Risk.

• BAU Regulatory Oversight, Governance & Assurance

• Owns BAU oversight of open regulatory issues, audit findings, and regulatory commitments within GBM Risk, ensuring disciplined tracking, timely closure, and effective escalation.
• Monitors the effectiveness of key regulatory and supervisory processes (e.g., exams, reporting, attestations, governance forums) to ensure execution is timely, accurate, and credible.
• Proactively escalates emerging concerns and execution risks, driving corrective action to maintain a strong and defensible regulatory posture.

What You'll Bring

• 15-20 years of progressive experience in financial services, with senior-level expertise in regulatory risk, regulatory change, or risk management within a large, complex global banking environment.
• Undergraduate degree in business administration, finance, or a related discipline; advanced degree (e.g., MBA or equivalent) preferred.
• Demonstrated experience leading significant, cross-functional regulatory change and remediation efforts, including coordination of responses to regulatory findings, MRAs, examinations, and supervisory reviews across multiple risk stripes and jurisdictions.
• Deep working knowledge of global regulatory frameworks, particularly across Canada, the United States, and other key regions, with a strong ability to assess regulatory exposure and translate evolving requirements into coordinated risk and remediation actions.
• Proven ability to provide strategic regulatory advice to senior executives, influencing decision-making through clear articulation of regulatory risks, trade-offs, and remediation priorities.
• Experience establishing and operating effective regulatory governance and oversight structures, including escalation frameworks and executive-level reporting to support disciplined delivery of regulatory outcomes.

Interested?
If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That's 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.
#GBM
Location(s): United States : Texas : Dallas
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.
Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.