Requisition ID: 257171
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Role
The Director, Regulatory Trade Reporting Change, is accountable for the end‑to‑end change agenda supporting global regulatory trade reporting across Capital Markets. The role drives complex regulatory, business, and operational change initiatives, ensuring that regulatory requirements are translated into effective solutions delivered through established technology and operating rails
Operating as a senior leader and delegate for executive management, this role partners closely with Operations, Compliance, Project Management, and Technology teams to shape target-state processes, controls, and delivery outcomes.
The role sets and communicates a strategic vision for regulatory trade reporting change so the organization is positioned as a leader in compliance and operational excellence. Solutions are delivered through established technology and operating models and are designed to be effective, scalable, and aligned to regulatory intent. Success is measured by audit outcomes, regulatory issue remediation timeliness, and sustained reporting accuracy.
Is this role right for you? In this role you will:
- Own the global regulatory trade reporting change portfolio, with accountability for translating regulatory requirements into effective business, operational, and delivery outcomes across jurisdictions (e.g., DFA, CFTC, SEC, OSC, EMIR, MAS, HKMA, ASIC, MIFID II, SFTR, SEC10C-1a).
- Maintain expert knowledge of regulatory reporting requirements across jurisdictions; ensure reporting mechanisms and team activities meet regulatory, compliance, and audit standards.
- Act as the primary change counterpart to Operations, Compliance, and Technology partners, ensuring clear ownership, aligned priorities, and coordinated execution across functions.
- Provide oversight for regulatory change initiatives, acting as the primary escalation point for subject matter experts and resolving complex regulatory issues.
- Guide and prioritize the work of Regulatory Reporting specialists, ensuring effective project planning, stakeholder engagement, and timely delivery of change initiatives.
- Establish and govern testing, validation, and assurance approaches for regulatory change, ensuring solutions meet regulatory intent and operational readiness standards.
- Set prioritization and sequencing decisions across regulatory initiatives, balancing regulatory risk, delivery capacity, and organizational readiness.
- Coordinate with regulatory, compliance, and technology functions to leverage best practices and align operational processes.
- Drive the change and remediation agenda arising from regulatory issues, audits, and control findings, ensuring sustainable outcomes rather than short‑term fixes.
- Build and lead a high‑performing change organization, capable of managing complex, multi‑jurisdictional regulatory initiatives.
- Ensure robust day-to-day business controls to mitigate regulatory and operational risks, with timely escalation as required.
- Drive adoption of innovative technologies and process improvements to enhance reporting accuracy, efficiency, and scalability.
- Act as a delegate for senior leadership, representing Regulatory Trade Reporting Change in governance forums, regulatory engagements, and audit discussions.
- Serve as the senior escalation point for material regulatory change, delivery, or readiness risks.
- Provide executive‑level insights, recommendations, and decision support on regulatory change strategy and execution.
- Champion diversity, equity, and inclusion, promoting a culture of belonging.
- Manage budgets, resources, and vendor relationships to deliver projects on time and within scope.
- Define and monitor key performance indicators (KPIs) to measure the effectiveness of regulatory change initiatives.
- Lead change management efforts, fostering innovation and continuous improvement.
What You Will Bring to Succeed
- Ssignificant experience (15+ years) in Capital Markets, including leading multi‑year regulatory trade reporting and/or market-structure change programs across multiple asset classes.
- Demonstrated ability to operate as a senior change leader, driving governance, executive communications, and cross‑functional decisioning with Technology, Operations, Compliance, Risk, and PMO stakeholders.
- In‑depth knowledge of global trade and transaction reporting regimes (e.g., Dodd‑Frank /CFTC, SEC, OSC/CIRO, EMIR, MiFID II, SFTR, MAS, ASIC), including regulatory interpretation, industry guidance, implementation timelines, and exam/audit readiness.
- Proven delivery leadership across SDLC (Agile and/or Waterfall), including scope planning, RAID management, testing strategy (SIT/UAT), cutover, and post‑implementation stabilization.
- Proven ability to assess regulatory impacts, define target-state requirements, and implement sustainable operating model and control enhancements, including remediation of regulatory issues, audit findings, and control gaps.
- Experience operating in demanding, time‑sensitive environments, meeting externally mandated regulatory deadlines and managing competing priorities across jurisdictions.
- Strong stakeholder management and communication skills, including the ability to influence and present to senior executives, steering committees, auditors, and (as required) regulators and industry groups.
- Advanced analysis skills, including requirements definition, data mapping and lineage, control requirements, test scenario design, and end‑to‑end reporting flow validation.
- Demonstrated regulatory horizon scanning and impact assessment skills, translating rules and guidance into delivery backlogs, implementation plans, and stakeholder communications.
- Proven people leadership, including building and developing specialist teams, setting performance expectations, coaching, and managing third‑party delivery where applicable.
- Strong understanding of trade reporting data and controls, including key identifiers (LEI/UTI/UPI), reconciliations, exception management, and data quality monitoring.
- Technical knowledge of trade reporting connectivity and platforms (e.g., SDRs/TRs/ARMs such as DTCC, Unavista, etc), including integration patterns, message/format considerations, and downstream reporting controls.
Whats in it for you.
- We are technology partners who help the business transform how our employees around the world work
- We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
- You'll get to work with and learn from diverse industry leaders, who have hailed from top technology companies around the world
- We foster an environment of innovation and continuous learning
- We care about our people, allowing them to design how they work to deliver amazing results
- We offer a competitive total rewards package, including a performance bonus, company matching programs (on pension & profit sharing), and generous vacation
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.