Manager, Non-Financial Risk
Manager, Non-Financial Risk
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Job Description
Requisition ID: 224766
We are committed to investing in our employees and helping you continue your career at Scotiabank.
Contributes to the overall success of the Global Regulatory Operations & Internal Controls Non-Financial Risk team ensuring specific individual goals plans initiatives are executed / delivered in support of the teams business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations internal policies and procedures. The Manager is responsible for supporting Non-Financial Risk team reporting to the Senior Manager Non-Financial Risk in providing advisory support and collaborative challenge to Global Operations business units for operational and regulatory compliance risk management practices to ensure compliance with relevant regulatory and operational risk policies standards and proactive management of top and emerging risks as identified.
Is this role right for you In this role you will:
- Champion a high-performance environment and contributes to an inclusive work environment.
- Leverage strong business knowledge act as a trusted advisor to provide value-added advice and independent effective challenge.
- Support the execution and oversight of Non-Financial Risk Programs and projects related to Regulatory Compliance Operational and Third-Party Risk Management to GlobalOperations units sustaining an expert understanding but not limited to:
- Operational risk management programs: Operational Risk Events (ORE) Risk and Control Self-Assessment (RCSA) Scenario Analysis Key Risk Indicators KRI and New Initiative Risk Assessment NIRA.
- Regulatory Compliance Management Programs: Regulatory changes and library management Compliance Risk and Control Assessments Compliance Monitoring and Oversight Compliance testing reviews Business Unit Hierarchy reviews) Regulatory Projects and Risk Culture.
- Third Party Risk Management (TPRM) and Contract Management (ICERTIS).
- Responsible for driving operational efficiencies tracking analysis monitoring benchmark annual planning and delivery activities establishing best practices for the different NFR programs and projects.
- Liaison with Global Operations unit partners to conduct operational and compliance risk assessments to ensure the adequacy of controls processes and protocols to mitigate regulatory operational risks and risks of financial loss (i.e. fines penalties or sanctions) and reputational damage to Global Operations and the Bank while also identifying areas of opportunity to strengthen the control environment and control activities and remain current on new developments and emerging risks.
- Provide guidance and support training delivery needs for NFR programs sustainment. Proactively identifying opportunities to drive activities documentation procedures communications thatenable implementation of Non-Financial Risk programs projects or policies across Global Operations or Business Lines.
- Analyze data alerts and results of NFR programs to identify potential gaps patterns and trends to prepare clear and comprehensive reporting with actionable recommendations and insightful analysis and commentary. Continuously improve the reporting that support NFR programs and projects.
- Actively pursue 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.
- Lead/support projects identifying management and compliance needs communicating findings implementation of action plans or corrective actions.
- Develop and foster strong strategic relationships with the Global Operations business units and applicable support and control functions to remain current on new developments and emerging risks for the purpose of enhancing business line effectiveness.
- Champions a clients focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
- Maintain current knowledge of applicable regulatory requirements and industry developments.
- Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions to support the development of strategies and follow up of action plans to strengthen it.
Do you have the skills that will enable you to succeed in this role Wed love to work with you if you have:
Proactive and strong problem solving critical thinking negotiating and time management skills.
Strong written and verbal skills (Ability to communicate clearly and concisely to various levels of internal and external parties).
Understands how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
Bilingual in English/Spanish is an asset.
Working knowledge of banks regulations policies procedures operations and functions.
Must maintain a current awareness of regulatory requirements and industry best practices in operational and regulatory risks.
Expert knowledge of Excel PowerPoint Word and Visio. Power BI is an asset.
Undergraduate Degree or higher with 5 years relevant work experience in compliance operational risk management third party risk management internal audit or other relevant areas.
Whats in it for you
A culture that promotes teamwork and cross-functional collaboration to achieve business goals. Inclusive workplace that values diversity of thought background and experience
A competitive compensation and benefits package
Get a great overview of how the Bank operates by joining the Global Operations team in a role that has widespread impact across all major business lines and functions.
Potential to further evolve the function and take on more responsibility based on emerging risks.
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.
Note: All postings in will remain live for a minimum of 5 days.
Required Experience:
Manager
Employment Type
Full Time
