Associate, Gbmo

Requisition ID: 197802 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. **_ 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. - Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk. - Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and engaging in succession and development planning for the team. - 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: - Know Your Client ("KYC") and Anti-money Laundering ("AML”) regulations, especially within the APAC region, for example MAS and HKMA requirements - Tax Regulations such as Foreign Account Tax Compliance Act ("FATCA") and Common Reporting Standards ("CRS) - OTC Trade Reporting such as Dodd Frank, European Markets Infrastructure Regulation ("EMIR), Canadian and Hong Kong Trade Reporting - Volker Rule - Markets in Financial Instruments Directive (MiFID) - Margin Regulations - Provide support to internal and external clients on significant changes and client impact related to the various regulatory onboarding matters - Participate in multi-disciplinary teams to address new business initiatives, technology system enhancement projects, and one-off projects as required. **Education/Experience** - 5 - 7 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.