Director, Governance & Process Optimization - Third Party Risk Management (226417)

Requisition ID: 226417

Join a purpose driven winning team committed to results in an inclusive and high-performing culture.

The Director will contribute to the overall success of Global Third-Party Risk Management (TPRM) for Scotiabanks global enterprise by managing program governance and leading end to end process efficiency efforts through continuous improvement. The Director Governance & Process Optimization is responsible for leadership and execution of initiatives to examine design and implement governance controls design and operational process efficiency changes for the global TPRM program working collaboratively with stakeholders and partners across the global footprint to identify these opportunities.

Is this role right for you In this role you will:

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
• Oversees all regulatory and audit reviews and requests of TPRM domestically and globally. Governs compliance and risk activities and reviews including: CRCA Regulation Library Resolution and Recovery Plan CDIC remediation among others.
• Leads directs and influences process improvement initiatives across the TPRM process lifecycle. Prioritizes team efforts to balance the need for biggest enterprise impact and ease of implementation. Helps to overcome challenges that may impede buy-in and implementation of efficiencies.
• Upholds strong risk management principles; ensures enhancements to governance resources and processes adhere to risk appetite audit expectations and global regulatory obligations. Understands how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Develops short and long term strategies to create efficiencies in todays model and to drive towards an optimized future model in the evolution of Enterprise TPRM. Ensures strategies are delivered with a sense of urgency converting them into real outcomes through leadership and execution.
• Leads and drives partnership with Global Procurement to integrate TPRM and Procurement activities to ensure third party risk management can be operationally executed seamlessly from end-to-end; promotes and demonstrates a client-centric mindset to bring the best user experience to employees support functions and vendors.
• Anchors governance design and optimization directions on critical thinking ensuring changes are validated with sound data and analysis. Brings business and technical experience to drive high quality outputs for drafting of policy and standards managing regulatory audit or compliance requests and process mapping or procedures.
• Jointly with his/her team act as both leader and contributor to identify opportunities for TPRM process improvement workflow streamlining or remediation and works collaboratively with partners in head office Corporate/Control Functions local TPRM 2nd line in countries TPRM Operations Governance and Product Ownership first line and Internal Controls and other stakeholders to design and successfully implement scalable solutions enterprise-wide.
• Acts as a subject matter expert regarding operational enhancements process streamlining initiatives and operating model modifications and participates as required to support Audit and regulatory reviews system and reporting enhancements and other requests as appropriate.
• Actively 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 Guidelines for Business Conduct.
• 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 managing succession and development planning for the team

Do you have the skills that will enable you to succeed in this role Wed love to work with you if you have:

10 years proven governance risk management process engineering and/or vendor management experience in Financial Services industry

Undergraduate degree in Business Finance Engineering; MBA CRM certification or other Graduate Program in related discipline would be an asset.

Advanced understanding of the regulatory landscape with respect to third party risk.

Experience in leading dynamic and multifaceted projects.

Strategic thinking and strategic influencing skills.

Knowledgeable on regulation regarding operational risk comfortable driving conclusions/insights from numerical indicators

Sound judgment learning agility and a high level of professional and personal integrity

Excellent communication (written and verbal) and interpersonal skills; a

Whats in it for you

• We have an inclusive and collaborative work environment that values curiosity & ownership encourages pragmatic creativity (i.e. true innovation) and celebrates success!
• An inclusive working environment that encourages creativity curiosity and celebrates success!
• A rewarding career path with diverse opportunities for professional development
• Internal training to support your growth and enhance your skills
• Hybrid Work Environment
• A competitive rewards package that includes a base salary a performance bonus company matching programs on pension and profit sharing paid vacation personal & sick days medical vision and dental benefits that start from day one 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.