Requisition ID: 209636
Salary Range: 240,000.00 - 286,000.00
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
Contributes to the overall success of the U.S. Legal Department with responsibility for a wide range of U.S. bank regulatory matters, and providing legal advice, services and counsel on matters affecting the Bank's U.S. operations.
What You’ll Do
- Advises various stakeholders on U.S. banking laws, regulations, and requirements applicable to Foreign Banking Organizations, including Regulations K, W, Y, and YY, the Volcker Rule, and resolution planning.
- Serves as Legal stakeholder on working groups, managing projects and engaging with the firm’s advocacy efforts relating to regulatory issues and regulatory change.
- Serves as a resource to other members U.S. Legal to provide U.S. bank regulatory perspective.
- Prepares and manages, or advises on, bank regulatory applications, filings and submissions, including licensing filings, supervisory responses, and regulatory reporting requirements.
- Reviews and uplifts firm policies relating to bank regulatory laws, including Bank Holding Company Act and confidential supervisory information.
- Monitors legal and regulatory developments, evaluates impact on Scotiabank’s businesses, and coordinates and discusses as necessary with internal stakeholders.
- Advises internal stakeholders across the front office and other corporate functions in developing and implementing key strategic projects and new initiatives.
- Analyzes legal and regulatory issues and provides timely and well-researched work product to clients on complex legal matters.
- Supports Scotiabank’s participation in various trade associations or other public forums and assists in drafting comment letters in response to proposed regulations.
- Contributes to efficient and effective relationships with outside counsel and manages legal costs and invoices.
- Understands how Scotiabank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Demonstrates a proactive approach to developing competency in unfamiliar practice areas.
- Pursues effective adherence to Scotiabank’s Values and its Code of Conduct, while ensuring the adequacy, adherence to, and effectiveness of business controls to meet obligations with respect to operational, compliance, sanctions and anti-money laundering (AML), and conduct risk.
- Perform other duties as assigned from time to time.
What You’ll Bring
- J.D. and licensed attorney in good standing admitted or otherwise authorized to practice law in the state of New York. Position to be based in New York, New York on a hybrid schedule.
- 7+ years of U.S. bank regulatory legal experience with a law firm, financial institution or U.S. bank regulatory agency.
- Strong interpersonal, analytical, influencing and communication skills.
- Excellent judgement, writing skills, and presence.
- Self-starter, effective under pressure, proactive and flexible.
- Strong knowledge of U.S. banking law and policy.
- Knowledgeable of federal and state confidential supervisory information laws and regulations.
- Knowledgeable of bank resolution planning regulations and guidance.
- Able to preserve confidentiality and exercise discretion.
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.
Location(s): United States : New York : New York City
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.
