Senior Manager, Global Operational Risk

Requisition ID: 248229

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

The Senior Manager Global Operational Risk will contribute to the overall success of the second line operational risk oversight over the Banks Global Banking and Markets (GBM) Group Treasury (GT) Global Transaction and Banking (GTB) and Global Wholesale Operations (GWO). The Senior Manager is responsible for providing advisory and healthy challenge in the business lines operational risk management practices including the effective execution of all Operational Risk Management Framework tools in complying with the relevant operational risk policies and standards as well as ensuring proactive management of the top and emerging risks as identified.

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

• Leverage strong business knowledge act as a trusted advisor provide value-added advice and independent effective challenge to the Global Banking and Markets Group Treasury Global Transaction and Banking and Global Wholesale Operations business lines in their operational risk management utilizing key operational risk management tools such as Risk Control Self Assessments operational risk scenario analysis New Initiative Risk Assessment Operational Risk Events escalation and assessment issues management and Key Risk Indicators reporting.
• Develop strong partnerships stay abreast of the business priorities and acts as the main point of contact to Global Banking and Markets Group Treasury Global Transaction and Banking and Global Wholesale Operations first line Business Risk Management teams and applicable corporate support functions globally.
• Pro-actively identify opportunities and support enhancement to the operational risk oversight practice; Provide insight to support the enhancement of the Banks operational risk management framework tools methodologies and program.
• Conduct thematic analysis and root cause problem solving on issues identified through operational risk event reviews self-assessments scenario analysis and other reviews/testing including those performed by Audit Shareholder Auditors Compliance and Regulators to determine significant risks and ensure sound risk mitigations.
• Support executive reporting on the business line operational risk profiles and represent Global Operational Risk at various risk committees as applicable providing sound metrics value-added advice and insight.
• Collaborate with other non-financial risk specialist areas as well as second line operational risk teams globally to ensure an holistic approach: Stay up to date on all relevant internal and external risk events and industry developments in order to drive awareness and focus on managing top and emerging risks.
• Support various regulatory requirements as requested by OSFI/Internal Partners.
• Support overall Operational Risk Oversight team mandate and deliverables as required
• Support team initiative to enhance overall operational risk oversight practice and continue to build up team capabilities
• Support the overall department and other Bank units as required.
• Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
• 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.
• Champion a high-performance environment and contributes to an inclusive work environment.

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

• University degree in business mathematics engineering or another related field is required.
• Masters degree in finance economics or business and/or CFA designation is desirable but not required.
• Strong knowledge in the business product and end to end processes of wholesale capital market lending global business payment and treasury management business.
• 5 years experience in business management business risk management risk management compliance audit or related areas.
• Strong interpersonal and relationship-building skills working with senior levels of management as well as global teams.
• Strong communication (verbal and written) presentation and facilitation skills.
• Strong collaborator and skillful in stakeholder management.
• Strong analytical and problem-solving skills.

Whats in it for you

• The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
• A rewarding career path with diverse opportunities for professional development.
• Internal development to support your growth and enhance your skills.
• A competitive compensation and benefits package.
• An organization committed to making a difference in our communities for you and our customers.
• We have an inclusive and collaborative working environment that encourages creativity curiosity and celebrates success!

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.