City : Toronto, ON, CA, M5H1A1

Category : Business and Financial Operations

Industry : Finance

Employer : Scotiabank

Requisition ID: 176945

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

Purpose of Job:

The Senior Manager, Enterprise Risk – Regulatory Initiatives is a key role within GRM to produce and correlate risk reporting for Board, Senior management and other internal stakeholders including performance of a second line challenge role in the context of regulatory action plans, GRM self-assessment and other support roles.

Job Responsibilities:

1.    GRM self-assessment
•    Actively participating in the GRM self-assessment, including enhancements to methodologies, procedures, trying templates and reporting.
•    Support Management in finding annual strategy, roadmap and overall direction for the GRM Risk self-assessment program.
•    Lead the design and operating evaluation of in-scope GRM assessable units against established criteria.
•    Manage issues/gap identification including drafting and communication/discussion with Stakeholders.  
•    Collaborating with all stakeholders – risk subject matter experts, senior management and report users to ensure timely delivery of accurate, complete and meaningful risk reports, producing regular and ad-hoc risk reports.
•    Manage the coordination and production of risk material for senior management, Board of Directors, external and internal stakeholders.   
•    Creation and sustainment of procedures that support the execution of key accountabilities.

2.    Other projects/initiatives 
•    Participate in Regulatory initiatives including status reporting on regulatory issues and assisting in regulatory initiatives and/or submissions.
•    Lead and manage projects and initiatives that improve the efficiency and effectiveness of department operations such as identify process improvements and resolve audit issues.
•    Leverage technology to enhance the efficiency of the Self-assessment process and reporting environment.

3.    Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day
activities and decisions.
 

4.    Actively pursues 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

Actively pursues 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.

Job Requirements:

• Role will require good understanding of various risk disciplines and GRM processes
• Four (4) plus years in an audit and/or quality assurance role; And, Two (2) plus years preparing reporting to the Board and Senior Executives
• Able to draft issues and present to Stakeholders/Executives.
• Familiarity/Knowledge of applicable External Regulations/Guidelines and BNS Policies/Framework relevant to Self-Assessment process.
• Expert interpersonal and relationship building skills and strong communication skills are essential to influence and collaborate effectively with others
• Superior analytical skills, high degree of judgment, and attention to detail
• Ability to work on complex projects independently, within tight deadlines, adapts to changing deadlines while delivering quality material.
• Excellent organizational skills are required to manage multiple and concurrent deliverables. 

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.