City : London

Category : Financial Manager

Industry : Financial Services/Banking

Employer : Scotiabank

Requisition ID: 251716

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

Purpose

Responsible for oversight of Risk Governance and Third-Party Risk Management.

Accountabilities

• Provide 2nd line of defence oversight and challenge on the bank’s Third Party Risk Management process
• Maintain and update the relevant local TPRM governance documents
• Participating in TPRM subcommittee and working group
• Perform TPRM Quality Control and Quality Assurance reviews
• Participate and engage in industry forums to remain current on new developments on TPRM areas
• Support Global TPRM to share best practice in relation to the Third Party Risk arrangement from a regional perspective
• Work closely with 1B teams as the main contact in GRM and provide second line input as necessary
• Perform gap analysis following publication of regulatory guidelines and policies
• Review contract exception requests for local stakeholders by liaising with Global TPRM
• Assist in the formulation of the third party associated metrics by working with IC and seeking guidance and insights from Global TPRM
• Review NIRAs from a Third Party (OR3) Risk perspective
• Monitor, review and challenge where needed third party risk RAF metrics and other indicators
• Collaborate with Operational Resilience, IT & Cybersecurity, and Business Continuity Planning teams to address aspects related to third-party risk management. 

Dimensions

• Need to maintain a current awareness of regulatory requirements and industry best practices in TPRM and Operational Resilience.
• Receives direction from the VP & CRO Europe/ERM Director while following Bank policies and procedures, addressing routine matters independently, keeping Global Operational Risk (GOR) management informed, and escalating problems appropriately. For complex issues, the incumbent is expected to gather relevant information and confer with CRO/ERM Director for resolution.
• Knowledge of the operating environment of the Bank, with a particular emphasis on applicable business line is beneficial.
• Required to manage, prioritise and execute diverse activities and projects concurrently. Schedules are often influenced by changing priorities. The individual may adjust plans and schedules at short notice to meet changing conditions and deliver on priorities on a timely basis.
• Due to the diverse and multi-disciplined nature of the position, the incumbent is required to maintain a very high degree of flexibility and co-operation as well as accepting responsibilities outside of the defined accountabilities.

Education & Experience

• University degree in a business-related field, with progressive experience in the financial services industry. Relevant Masters is desirable.
• Should have a breadth of experience in risk management, audit, capital markets or related areas.
• Possess excellent interpersonal and relationship-building skills to deal with senior levels of management.
• Possess strong communication (verbal and written), listening, presentation and facilitation skills.
• Experience with Coupa Risk Assess and Icertis would be an asset.
• Good knowledge of Microsoft Excel, Word, PowerPoint and Visio,
• Excellent interpersonal and relationship-building skills to deal with all levels of staff,
• Strong communication skills both written and verbal,
• Ability to work independently.

Location(s):  England : Greater London : London (UK) 

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.