GWM Senior Manager, Business Risk Management

Requisition ID: 241461

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

Purpose

As the GWMSenior Manager Business Risk Management you will shape how risk is understood managed and embedded across Global Wealth Management (GWM). Youll lead first-line risk programs that directly strengthen the resiliency of our GWM businesses and functional units including operational regulatory and compliance assessments within GWM.

What Youll Bring:

Be a Strategic Risk Leader

• Identify establish and elevate GWMs risk management practices benchmarking against global standards and driving operational excellence across GWM businesses
• Lead high-impact risk assessments to evaluate control effectiveness identify vulnerabilities and recommend practical enhancements to strengthen our risk posture
• Ensure engagements are expertly and effectively performed

Act as a subject matter expert across GWM

• Sustain deep expertise across diverse Wealth businesses - brokerages asset management estates and trust private banking mutual fund dealers and International Wealth Management (IWM) including operational processes regulatory obligations and risk governance
• Foster knowledge of applicable regulatory requirements and industry developments

Shape the future of GWM

• Develop proposals and business cases as required
• Design and enhance frameworks policies and controls to manage risks of new wealth management initiatives digital platforms products and services and ensuring technological innovation progresses safely
• Establish global standards across multiple jurisdictions including IWM to manage non-financial risks

Drive insights through analytics and monitoring

• Lead the sustainment and implementation of on-going and new monitoring programs
• Analyze data from monitoring programs and assessments to identify trends emerging risks and opportunities for process improvement or automation
• Prepare presentations for Executives to clearly communicate results of monitoring and risk analysis
• Prepare insightful and comprehensive Executive reporting and board materials with actionable recommendations and concise commentary

Influence and collaborate at all levels

• Build and foster strong partnerships with business leaders stakeholders and control functions to create an integrated risk management framework and enhance business line effectiveness
• Initiate manage and deliver projects by working independently or within cross-functional teams and/or Wealth Management businesses with the implementation of monitoring initiatives and/or controls
• Interpret and assess business units and applicable regulations processes and controls to provide practical recommendations and advice

Lead People and Culture

• Champion a client-focused culture and leverage broader Bank relationships systems and knowledge
• Ensure individual and team goals are aligned with the overall strategies and objectives of GWM Business Risk Management including IWM and the Bank
• Build a high-performance environment and implement a people strategy that attracts retains develops and motivates team members by fostering an inclusive work environment and coaching mindset
• Model the vision / values / strategy of GWM while supporting succession and talent development
• Lead and drive a client focused culture throughout their team to deepen client relationships and leverage broader Bank relationships systems and knowledge
• Champion a high-performance environment and contributes to an inclusive and diverse work environment

What Youll Bring:

• University degree in Commerce or Business Administration Accounting or Finance
• 8 years of relevant Wealth industry experience (or 5 years with an MBA) with working knowledge of IWM
• Professional designations such as CPA CA CFA CIM and/or FRM (preferred)
• Experience and knowledge of Quality Assurance Regulatory Compliance Audit Operational Risk Third Party Risk Management or Legal
• Project management and regulatory reform experience
• Strong understanding of regulatory bodies including OSFI OSC and CIRO
• Completion of the Canadian Securities Course (CSC) or CFA Level 1 (asset)
• Knowledge of Global Wealth businesses and support functions across delivery channels including IWM
• Effective written and verbal communication skills to prepare reports deliver presentations and effectively interact with GWM businesses and other departments
• Exceptional problem solving stakeholder management negotiation and influencing skills
• Strong data analytics skills including Power BI proficiency (preferred)
  

Interested
If your experience is closely related but doesnt align perfectly with every qualification we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
At Scotiabank every employee is empowered to reach their fullest potential respected for who they are and embraced for their differences. Thats why we work to grow and diversify talent and engage employees in a performance-oriented culture.

Whats in it for you
Scotiabank wants you to be able to bring your best self to work and life every day. With a focus on holistic well-being our many flexible benefit programs are designed to help support your unique family financial physical mental and social health needs.

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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.