Senior Manager, Recovery & Resolution Planning

Requisition ID: 244569

Salary Range:102800.00-196800.00

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors including but not limited to the successful candidates relevant knowledge skills and experience.

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

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America operating globally for over 100 years. Scotiabanks strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing mergers & acquisitions corporate banking institutional equity sales trading and research fixed income products derivatives energy foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Purpose

The Senior Manager Recovery & Resolution Planning (RRP) plays a key role in advancing the Banks global recovery and resolution planning capabilities. Acting as Deputy to the Director this role supports the design maintenance and execution of Scotiabanks enterprise-wide recovery and resolution program in alignment with OSFI Federal Reserve and FDIC expectations as well as internal governance and risk standards. This position is a key role in ensuring that Scotiabank meets its obligations under both Federal Reserve and FDIC Resolution Planning rules and guidance along with any other applicable U.S. prudential standards while maintaining alignment with the Banks broader risk and capital frameworks.

The incumbent will partner closely across Finance Treasury Risk and Business Lines to develop and refine recovery options resolution playbooks and data aggregation capabilities that demonstrate the Banks ability to recover from severe stress or be resolved in an orderly manner.

This role requires a dynamic Senior Manager who brings regulatory expertise strong banking and commercial judgment and exceptional communication and relationship-building skillsa professional who thrives in a collaborative purpose-driven environment grounded in Scotiabanks values of Integrity Respect Accountability and Passion.

Key responsibilities

Program Development & Governance

• Support the design and continuous improvement of the global RRP framework ensuring consistency with regulatory guidance (e.g. U.S. Resolution Plan Rule 12 CFR Part 243 Sections 165(d) of the Dodd-Frank Act TLAC Requirements FDIC IDI resolution Plan Rule etc).
• Act as deputy to the Resolution Planning Director in coordinating inquires from internal stakeholders managing project plans and maintaining documentation for regulatory submission.
• Contribute to the development of recovery triggers governance protocols and testing approaches.

Regulatory Engagement & Submissions

• Support the preparation of regulatory deliverables including recovery plans resolution submissions self-assessments and responses to supervisory requests.
• Participate in reviews examinations and industry dialogues on recovery and resolution matters.

Scenario Analysis & Testing

• Coordinate recovery and resolution scenario development testing exercises and contingency playbook reviews.
• Analyze the financial and operational feasibility of recovery options and interdependencies across entities and jurisdictions.
• Oversee analytical workstreams including liquidity and funding in resolution capital and other point of non-viability triggers capital positioning identification of material legal entities critical operations and shared services mapping and other legal/financial rationalization.

Stakeholder Management

• Work collaboratively with partners in Treasury Finance Legal GRM and the business lines to ensure alignment of recovery and resolution strategies with broader risk and capital frameworks.
• Partner closely with all key senior management across the banks leadership platform to help ensure the seamless integration of U.S. resolution planning into strategic and operational decision-making.
• Present findings and updates to senior management committees and working groups.

Continuous Enhancement & Benchmarking

• Monitor evolving regulatory expectations and peer practices across US FBOs US G-SIBs and other Canadian peers (i.e. Canadian D-SIBs).
• Support enhancements to internal governance metrics and documentation to ensure ongoing readiness.
• Provide support in advancing Scotiabanks enterprise-wide resolution and recovery capabilities embedding best practices into policies playbooks and testing protocols.

What Youll Bring

• 710 years of experience in risk management finance treasury regulatory affairs or related banking functions.
• Experience in U.S. regulatory policy resolution planning recovery planning or financial risk management preferably within a global bank or regulatory authority.
• Strong understanding of OSFI Federal Reserve and FDIC frameworks particularly as they relate to recovery and resolution planning liquidity capital and operational continuity.
• Exceptional analytical written and verbal communication skills with proven ability to synthesize complex regulatory concepts into actionable insights.
• Experience preparing regulatory deliverables policy frameworks or risk documentation for senior management or board committees.
• Strong project management and stakeholder engagement skills; able to coordinate across multiple teams and jurisdictions.
• Demonstrated ability to work independently while maintaining strong partnership and collaboration with internal teams.
• Exhibits comprehensive knowledge of bank structure funding mechanisms and balance sheet management coupled with the capability to effectively interpret regulatory requirements into actionable strategies for business operations.
• Bachelors degree in Finance Economics Business Risk Management or a related discipline (advanced degree or professional designation such as CFA CPA FRM preferred).
• Experience in large financial institutions (Category IIII FBO or D-SIB environments) is strongly preferred.
• Familiarity with enterprise risk management recovery and resolution frameworks and cross-border coordination processes is an asset (also generally conversant with other global regulatory standards)
• Track record of success in matrixed environments effectively aligning global and regional priorities.

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.

Location(s): United States : Texas : Dallas

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.

Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race color religion sex sexual orientation gender identity national origin disability veteran status or any other characteristic protected by federal state or local law.