Vice President, Compliance, Caribbean **Requisition ID:** 243769 **Employee Referral Program – Potential Reward:** $0.00 We are committed to investing in our employees and helping you continue your career at Scotiabank. **Purpose** Provides strategic direction, leadership and oversight for local IB jurisdiction’s Regulatory Compliance & Conduct Programs in the Caribbean, ensuring business strategies, plans and initiatives are supported in compliance with governing regulations, ethical conduct, internal policies and procedures. **Accountabilities** + Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge + In collaboration with Caribbean Country Heads and CCO, the incumbent is responsible for the Regulatory relationship within the Caribbean and is a trusted advisor on Regulatory Compliance and Conduct issues within the Caribbean + Directs the design, development and implementation of an appropriate risk-based training program for the resources across all the legal entities in the Caribbean jurisdiction + Represents Scotiabank in industry forums and collaborates with industry’s Compliance professionals to address common challenges or changes in regulation + Leads Country Regulatory Compliance and Conduct program in co-ordination with IB Compliance and other parts of Global Compliance and similar Compliance units, elsewhere. This includes ongoing regulatory liaison, identifying new regulatory requirements, developing policies & procedures, conducting training & awareness, ensuring adequate Compliance structure and resources, performing risk assessments, monitoring through active participation with management, projects and initiatives, conducting independent testing based on Compliance standards, identifying and escalating non-compliance and providing ongoing reporting + Promotes effective relationships with regulators across the Caribbean + Coordinate all relevant activities to address the Bank’s regulatory issues and remediation projects + Directs day-to-day activities in a manner consistent with the Bank’s risk culture and the relevant risk appetite statement and limits. Communicates the Bank’s risk culture and risk appetite statement throughout their teams + Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Code of Conduct + Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment, communicating vision/values/business strategy and managing succession and development planning for the team **Education / Experience / Other Information (include only those that are specific to the role)** + Professional Designation (MBA, CPA, Legal) from a credited university with a minimum of 10 years of relevant experience in Compliance, and/or an executive role in an Operations capacity for a foreign financial institution (preferable) In addition: + In-depth understanding of banking and securities regulation + In-depth understanding of Banking products, operations and technology + Efficient, well organized with sound judgement, excellent communication skills and unquestioned integrity + Strong leadership, strategic influencing and strategic thinking skills + Willingness and ability to embrace change, including adoption of enhanced data analytics and technology to improve Compliance processes and programs + Fluency in English and Spanish **Working Conditions** + Work in a standard office-based environment; non-standard hours are a common occurrence + The workload is demanding, subject to frequent time pressure with a steady flow of legislative/regulatory initiatives and examination reports, both internal and external, which carry specific deadlines + Workload is subject to continual prioritization due to changes of incoming requests from regulators, internal departments Moderate level of travel globally may be required usually pre-planned Location(s): Dominican Republic : Santo Domingo : Santo Domingo East || Dominican Republic : Santo Domingo : Santo Domingo North || Dominican Republic : Santo Domingo : Santo Domingo West 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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.