Vice President, Subsidiary Governance
Ontario 5 days ago
Job Description
Requisition ID:
Join a purpose driven winning team, committed to results, in an inclusive and high:performing culture.
Purpose
Provides strategic direction, leadership and oversight for driving strong corporate governance throughout the Bank's footprint ensuring business strategies, plans and initiatives are supported in compliance with governing regulations, internal policies and procedures.
Accountabilities
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Leads the Bank's subsidiary corporate governance priorities across its global footprint. Responsible for leading the establishment and overseeing the implementation of, appropriate corporate governance strategies, practices, processes and policies across the Bank's subsidiaries globally that align with the corporate strategies of the Bank and regulatory requirements. Plays a key role in developing a strategy for the Bank's subsidiaries' corporate governance structures and providing advice to executive management.
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Serves as Corporate Secretary to the Bank's OSFI:regulated subsidiaries' Boards of Directors, providing full corporate secretariat services and counsel to support business strategies, plans, and initiatives in compliance with the relevant acts, governance policies, corporate policies and procedures and other obligations.
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Provides advice and counsel to executive management and subsidiary boards on all matters related to the operations of subsidiary boards, board composition/director candidates, corporate governance and establishing corporate governance frameworks.
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Provides and co:ordinates legal services and advice on a broad range of corporate governance related matters and related specialized areas of law, including those that pertain to mergers and acquisitions, reorganizations, integrations, and capital restructurings.
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Monitors and identifies securities, corporate and corporate governance issues (regulatory, legal and industry developments and emerging regulatory trends) on a regional, national and international basis, and informs and advises subsidiary corporate secretaries, subsidiary management and directors, on the impact of significant new developments affecting corporate governance and board practices.
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Provides consultation and education on relevant corporate governance matters through training, presentations and day:to:day inquiries to management and subsidiary boards and directors, including directors' duties.
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Advocates for the interests of the organization by reviewing and advocating public policy positions on material matters affecting the Bank's corporate governance framework, including through industry groups and associations.
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Responds on subsidiaries' behalf to requests for reports and submissions by regulators (e.g., OSFI, securities regulators, shareholders' auditors, Canada Revenue Agency), and internationally as required.
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Management of subsidiary governance policy including ownership of policy and updates. Oversees implementation and adherence by all subsidiaries.
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The Vice:President, Corporate Governance Office is responsible for leading the establishment and overseeing the implementation of, appropriate corporate governance strategies, practices, processes, and policies across the Bank and its subsidiaries globally that align with the corporate strategies of the Bank and regulatory requirements. The CGO plays a key role in developing a strategy for the Bank's corporate governance structures, both at the parent and subsidiary levels, and providing advice to executive management and the Board of Directors on how best to establish the Bank's overall corporate governance framework. The CGO is responsible for ensuring that the Bank's corporate governance framework not only meets statutory requirements but maintains a culture of strong and transparent accountability. This includes dealing with shareholders, regulators and stakeholders on vario
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