Head of GBM Risk Regulatory Strategy & Change

Scotiabank•Dallas, TX

17h•Onsite

About The Position

Leads and oversees the GBM Risk Regulatory Strategy, Risk Identification, and Change agenda globally (Canada, U.S., UK, Ireland, Asia). Provides forward-looking regulatory expertise to identify, assess, and mitigate emerging regulatory risks across multiple jurisdictions, working in close partnership with Credit, Market, Counterparty, Operational Risk, Treasury, and the business. Acts as the GBM Risk regulatory change and advisory lead, shaping responses to new and proposed rules, driving remediation of regulatory findings, and ensuring ongoing regulatory hygiene through disciplined BAU oversight of audits, regulatory issues, and core regulatory processes to consistently meet supervisory expectations.

Requirements

15–20 years of progressive experience in financial services, with senior-level expertise in regulatory risk, regulatory change, or risk management within a large, complex global banking environment.
Undergraduate degree in business administration, finance, or a related discipline; advanced degree (e.g., MBA or equivalent) preferred.
Demonstrated experience leading significant, cross-functional regulatory change and remediation efforts, including coordination of responses to regulatory findings, MRAs, examinations, and supervisory reviews across multiple risk stripes and jurisdictions.
Deep working knowledge of global regulatory frameworks, particularly across Canada, the United States, and other key regions, with a strong ability to assess regulatory exposure and translate evolving requirements into coordinated risk and remediation actions.
Proven ability to provide strategic regulatory advice to senior executives, influencing decision-making through clear articulation of regulatory risks, trade-offs, and remediation priorities.
Experience establishing and operating effective regulatory governance and oversight structures, including escalation frameworks and executive-level reporting to support disciplined delivery of regulatory outcomes.

Nice To Haves

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

Responsibilities

Serves as the GBM Risk-wide authority on emerging regulatory risks and regulatory change, providing strategic interpretation of supervisory priorities, evolving and proposed rules, and thematic concerns across global jurisdictions.
Advises senior risk leadership on regulatory risk exposure, readiness gaps, and prioritization, translating regulatory developments into actionable risk and control implications.
Shapes proactive regulatory strategies and positions on proposed rules, ensuring GBM Risk input is coordinated, consistent, and aligned to business objectives and risk appetite.
Maintains current GBM Risk awareness of SR letters, Basel, OSFI developments and cross-border supervisory coordination expectations.
Drives cross-functional coordination across Credit Risk, Market Risk, Counterparty Risk, Operational Risk, Treasury, and key stakeholders to ensure regulatory risks and changes are addressed holistically.
Leads the end-to-end execution of regulatory change and remediation initiatives for GBM Risk, ensuring timely, high-quality delivery aligned with supervisory intent.
Provides perspectives on GBM Risk responses to regulatory findings, MRAs, exams, and thematic reviews, ensuring remediation plans are robust, risk-based, and embedded into BAU processes and control frameworks.
Ensures regulatory changes are implemented consistently across regions, while appropriately reflecting jurisdiction-specific requirements and supervisory expectations.
Establishes and maintains a structured, disciplined approach to communicating regulatory developments, expectations, and changes across GBM Risk.
Owns BAU oversight of open regulatory issues, audit findings, and regulatory commitments within GBM Risk, ensuring disciplined tracking, timely closure, and effective escalation.
Monitors the effectiveness of key regulatory and supervisory processes (e.g., exams, reporting, attestations, governance forums) to ensure execution is timely, accurate, and credible.
Proactively escalates emerging concerns and execution risks, driving corrective action to maintain a strong and defensible regulatory posture.