City : Toronto, ON, CA, M5H1A1

Category : Manager

Industry : Financial Services/Banking

Employer : Scotiabank

Requisition ID: 208602

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

Posted pursuant to Scotiabank’s Special Measure Program under the Employment Equity Act and Canadian Human Rights Act.

While you must be an Indigenous person in order to submit your resume, participation is completely voluntary. Please use the definition below to make sure you’re eligible and open to self-identifying as Indigenous person:

Indigenous Peoples include First Nations, Métis and Inuit people. Only those Indigenous peoples who come from Canada should identify themselves as belonging to this designated group.

Scotiabank provides extended benefits to Indigenous employees aimed at supporting and promoting their culture.

At Scotiabank we help employees build their futures – where they can be themselves, and win together. With a commitment to diversity and inclusion and a performance-oriented culture that includes coaching, learning, and development – there are endless possibilities. At Scotiabank – you can make an impact. You help make the futures of our 25 million customers happen. You can find your future here.

The opportunity:

The Senior Manager will contribute to the overall success of the second line operational risk oversight for the Canadian Banking and Tangerine business lines. 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:

• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Leverage strong business knowledge, act as a trusted advisor, provide value-added advice and independent effective challenge to the International Banking 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.
• Pro-actively identify opportunities and support enhancement to the operational risk oversight practice; provide insight to support the enhancement of the Bank's operational risk management framework tools, methodologies and program as well as the adoption in Canadian Banking and Tangerine.
• Conduct thematic analysis and root cause problem solving on issues identified through operational risk events reviews, self-assessments, scenario analysis and other reviews/testing including those performed by Audit, Compliance and Regulators to determine significant risks and ensure sound risk mitigations.
• Support operational risk Global Target Operational Model, drive thematic analysis and best practice sharing in collaboration with the regional second line operational risk teams as well as Internal Control teams to enhance our global operational risk management practice.
• Support executive reporting on the business line operational risk profiles and represent Global Operational Risks to various risk committees as applicable, providing sound metrics, value-added advice and insight.
• Collaborate with other non-financial risks specialist areas as well as second line operational risk teams globally to ensure holistic approach: Stays up to date on all relevant internal, external risk events, and industry development 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 deliveries 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.

Do you have the skills that will enable you to succeed? We’d love to work with you if you have:

• University degree in business, mathematics, engineering or other related fields is preferred.
• 5+ years experience in business management, internal control, 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.

What's in it for you?

• The opportunity to join our diverse and inclusive organization and connect with other First Nations, Inuit, and Metis Scotiabankers and their allies when joining our Indigenous Employee Resource Group.
• A competitive compensation and benefits package which include:
  • $10,000 annually dedicated to your well being
  • Traditional Indigenous Practices Leave
  • Indigenous Employee Mentoring Program
• An organization committed to making a difference in our communities
• You can expect to be recognized and rewarded for high-performance. You’ll be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development
• You'll receive clear, transparent criteria to progress in your career

Location(s):  Canada : Ontario : Toronto || Canada : Alberta : Edmonton || Canada : British Columbia : Vancouver || Canada : Manitoba : Winnipeg || Canada : Nova Scotia : Halifax 

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.