Assistant Manager, Gbm Onboarding

Requisition ID: 201722

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

**Purpose**
Contributes to the overall success of the Global Banking and Markets onboarding (GBMO) in Singapore ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures. This role is specific to a remediation project being undertaken the and the incumbent will be part of a small remediation team based in Singapore.

**Accountabilities**
- Facilitate the regulatory onboarding of GBM clients in an efficient, compliant, and client-centric manner. Rapidly triage and escalate complex issues, or variances from bank procedures, to management and internal control teams for resolution.
- Ensure that documentation meets the guidance put in place by Global Banking and Markets, and archived according to Bank and regulatory requirements.
- Work directly with clients to complete requisite Know Your Client ("KYC") and Anti-money Laundering ("AML") documentation;
- Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Prepare onboarding status reports for executive management. Prepare tracking systems to accurately capture and pass down onboarding data to back-office teams.
- Stay informed of changes in requisite regulatory onboarding matters related including but not limited to:
1. Know Your Client ("KYC") and Anti-money Laundering ("AML”) regulations, especially within the APAC region, for example MAS and HKMA requirements

2. Tax Regulations such as Foreign Account Tax Compliance Act ("FATCA") and Common Reporting Standards ("CRS)

3. OTC Trade Reporting such as Dodd Frank, European Markets Infrastructure Regulation ("EMIR), Canadian and Hong Kong Trade Reporting

4. Volker Rule

5. Markets in Financial Instruments Directive (MiFID)

6. Margin Regulations
- Provide support to internal and external clients on significant changes and client impact related to the various regulatory onboarding matters
- Be part of a team that has been tasked to complete a remediation in Singapore for the KYC team. The individual should be able to work with deadlines and showcase that they have the necessary skills required to be a part of a remediation exercise.

**Primary Manager**:

- Associate Director, GBM Onboarding

**Dimensions**
- Number of employees: N/A
- Countries/business units supported: Including but not limited to Capital Markets, Corporate/Investment Banking, and GTB/GBM-related businesses on a APAC-basis
- Annual project costs: N/A
- Number of projects: on need basis
- Number of systems: Two (2), including Fenergo and Fl Repository

Regulator bodies: including but not limited to HKMA, MAS, FINTRAC,RBI etc.
**Education / Experience / Other Information**
- 2 - 5 years direct industry experience in the capital markets, corporate banking, and investment banking in wholesale banking. An undergraduate degree in Finance, Business, Economics, Law or a related discipline is required.
- The incumbent must exhibit expertise with current regulatory frameworks impacting Capital Markets client onboarding. Expertise with emerging regulatory frameworks (e.g., HKMA) is preferable.
- The incumbent must be detail oriented and possess sufficient judgment to detect, solve, or
- Escalate problems efficiently and effectively.
- Excellent oral/written communication, relationship management, and time management skills are a must.
- A sound understanding of the capital markets/corporate banking business is desired, as is a
- Client-centric approach to the role.
- Must be able to operate effectively within an exceptionally stressful environment with changing priorities and tight time frames which are closely scrutinized by Senior/Executive Management.
- Must have Excel experience and should be comfortable to work with VLOOKUP’s and data sorting and filtering. Ability to work on Marcos will be a great value adds.

Location(s): Singapore : Singapore : Singapore

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.