Requisition ID: 217728
Join a purpose driven winning team committed to results in an inclusive and highperforming culture.
Responsible for driving AI risk governance activities and contributes to the overall success of the Data and AI Risk team in Canada and globally ensuring specific individual goals plans initiatives are delivered in support of the teams business strategies and objectives. The Senior Manager will work with the Director and the team to ensure that the Banks exposure to AI risk is effectively identified measured monitored and remediated.
Ensures all activities conducted are in compliance with governing regulations internal policies and procedures.
Is this role right for you In this role you will:
- Support the implementation of the AI Risk Program Plan and associated activities in the assigned North American and/or International Scotiabank business unit(s) and/or subsidiaries.
- Provide expertise and advice to the first line of defense on the design and best practices of effective AI risk controls metrics compliance and risk mitigation.
- Design and implement AI risk frameworks policies procedures and processes in collaboration with risk partners e.g. Global Operations Third Party Management Privacy and Chief AI Office etc. and based on industry best practices.
- Identify opportunities and execute enhancement to the AI risk oversight practice including global AI risk management approach.
- Drive the development and delivery of communication strategies for new processes and procedures.
- Develop and deliver AI risk management training across the organization.
- Develop strong partnerships with other risk functions and business partners to provide professional advice and guidelines for AI risk mitigation.
- Conduct assessment of the design and operating effectiveness of AI controls developed and implemented by the first line of defense.
- Maintain and enhance AI risk documentation (procedures assessments testing and reporting).
- Assist in of the periodical and adhoc reporting to the Board CRO Risk Committees including collection of metrics and creation of dashboards and reports.
- Contribute to the development of AI risk metrics and monitor relevant metrics for assigned portfolio.
- Collaborate with key stakeholders to design and develop AI risk awareness training.
- Exercise sound judgment in identifying reporting and escalating risks or issues to senior management.
- Foster an inclusive and collaborative team environment and prioritize teams goals.
- Champion a highperformance environment and contribute to an inclusive work environment.
- Understand how the Banks risk appetite and risk culture should be considered in daytoday activities and decisions.
- Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabanks Values its Code of Conduct and the Global Sales Principles while ensuring the adequacy adherence to and effectiveness of daytoday business controls to meet obligations with respect to operational compliance AML/ATF/sanctions and conduct risk.
Do you have the skills that will enable you to succeed in this role Wed love to work with you if you have:
- Has an undergraduate and/or graduate degree.
- At least 5 years of relevant AI risk AI governance or other fields that provides excellent exposure to machine learning and AI methods.
- Knowledge of AI risks and emerging AI requirements and regulations e.g. EU AI Act AI NIST.
- Experience in AI risk training and communication.
- Familiarity with AI risk management and reporting regulations standards and guidelines for the financial sector.
- Strong communication and relationship skills with a proven track record of engaging and presenting to stakeholders.
Whats in it for you
- Diversity Equity Inclusion & Allyship We strive to create an inclusive culture where every employee is empowered to reach their fullest potential respected for who they are and are embraced through biasfree practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employee to learn grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities ethnicity race age ability & veterans.
- Accessibility and Workplace Accommodations 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. Scotiabank continues to locate remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
- Upskilling through online courses crossfunctional development opportunities and tuition assistance.
- Competitive Rewards program including bonus flexible vacation personal sick days and benefits will start on day one.
- Community Engagement no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons contests cooking with friends Humans of Digital and much more!
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.
Required Experience:
Senior Manager