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Manager, Governance and Reporting Controls (GWO)

Scotiabank1 day ago
Toronto, Ontario, Canada
Mid Level
Full-Time

Top Benefits

Bonus
Flexible Vacation
Personal Days

About the role

Requisition ID: 268207Employee Referral Program – Potential Reward: $2,000.00  We are committed to investing in our employees and helping you continue your career at Scotiabank.  The Role As Manager, Governance and Reporting Controls, you will play a key role in supporting the Client Tax Operations Centre of Excellence by overseeing governance, controls, documentation, and reporting activities related to Scotiabank’s FATCA and Common Reporting Standard (CRS) programs. This role offers the opportunity to apply regulatory expertise, strengthen enterprise-wide control practices, and partner with business lines to support compliant, consistent, and effective execution of global tax reporting requirements.

Support the Senior Manager in delivering a strong governance and control framework for FATCA and CRS reporting programs. Provide subject matter expertise on FATCA and CRS requirements, ensuring activities and recommendations align with applicable regulations, internal policies, and procedures. Contribute to the successful execution of Client Tax Operations Centre of Excellence priorities by delivering assigned initiatives in support of business strategies and objectives. Strengthen controls, documentation, and reporting practices for the global FATCA and CRS programs. Apply sound risk management practices in alignment with the Bank’s risk culture, risk appetite, and control expectations. Promote consistent understanding of risk expectations across teams and business partners. Provide support to other areas within the Client Tax Operations Centre of Excellence as required.

  Is this role right for you? In this role, you will:  

Own the delivery, execution, and ongoing maintenance of FATCA and CRS reporting controls and supporting documentation. Identify opportunities to improve operational efficiency while maintaining strong business controls and meeting regulatory compliance expectations.

  Review and Interpret FATCA and CRS Guidance

Monitor, review, and interpret updates to FATCA and CRS regulations and guidance issued by regulators, news sources, and industry bodies; assess impacts on Scotiabank’s documentation and due diligence processes. Engage with local regulators, including the Canada Revenue Agency and Ministry of Finance, to support Scotiabank’s position when new or revised guidance is introduced. Participate in industry discussions to help benchmark Scotiabank’s regulatory approach against financial industry practices. Prepare gap analyses for business lines when revised regulations or guidance are released by local regulators. Partner with business lines to provide direction and oversight on the implementation of revised regulatory requirements. Provide guidance to business lines, technology partners, and team members to ensure regulatory changes are implemented effectively, including related design, development, and documentation activities. Track milestones, identify and escalate risks or issues, and recommend mitigation plans where required. Prepare and coordinate executive dashboards, reporting materials, and program status updates on both scheduled and ad hoc timelines. Provide subject matter expertise to support the design and delivery of FATCA and CRS training materials.

  FATCA and CRS Documentation Management

Lead change management activities, including communications related to updates or changes to foundational documentation. Review business line processes and procedures to confirm alignment with regulatory and compliance requirements.

  Dimensions

Work with senior business leaders to support alignment with applicable FATCA and CRS regulatory requirements. Provide regulatory oversight and support to business lines across the enterprise, including Canadian Banking, Global Wealth Management, Global Banking and Markets, Tangerine, MD Financial Management, Jarislowsky Fraser, and international banking countries. Support alignment of business activities with enterprise frameworks and external regulatory requirements. Support adherence to AML and KYC policies as they relate to FATCA and CRS obligations. Represent Scotiabank and the Client Tax Operations Centre of Excellence in internal audits related to regulatory operations. Represent Scotiabank in industry and regulatory committees, including forums with the Investment Industry Association of Canada and the Ministry of Finance.

  Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

University degree or equivalent post-secondary education. 3–5 years of experience in financial services, regulatory operations, compliance, governance, tax operations, or a related control function. Demonstrated knowledge of FATCA and CRS regulatory requirements, reporting obligations, documentation standards, and due diligence processes. Experience interpreting regulatory guidance and translating requirements into business procedures, controls, documentation, or reporting processes. Experience preparing regulatory gap analyses, executive reporting, status updates, dashboards, or program documentation. Working knowledge of AML, KYC, regulatory compliance, governance frameworks, or operational risk controls within a financial institution. Experience working with business, compliance, operations, technology, or audit partners on regulatory or control-related initiatives.

    Working Conditions

This role involves regular review of regulatory materials, industry updates, project documentation, spreadsheets, reports, and executive-level status updates. The role may require managing multiple priorities, time-sensitive deliverables, and evolving regulatory or operational requirements. Priorities may shift as new initiatives, regulatory updates, or business needs emerge within the Client Tax Operations Centre of Excellence.

  What’s in it for you?  

A rewarding career path with diverse opportunities for professional development An organization committed to making a difference in our communities – for you and our customers. A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.  Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans. Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements. 

   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.Note: All postings in me@Scotiabank will remain live for a minimum of 5 days.

About Scotiabank

Banking
10,000+
Founded in 1832

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