Manager, Recovery and Resolution Planning

Scotiabank•Toronto, ON

3d•Onsite

About The Position

The Manager, Recovery and Resolution Planning position is a key member of the Recovery and Resolution Planning team in Global Risk Management. This role supports the design, maintenance and execution of Scotiabank’s Recovery Plan in alignment with OSFI’s guiding principles. The Bank’s Recovery Plan provides a detailed roadmap of the actions to be taken by the Bank in the event of a financial crisis that could threaten its viability. The incumbent will partner closely with Group Treasury, Capital Management, Global Banking and Markets, Operations, Strategic Transactions and Review, and various Business Lines to identify recovery options and develop playbooks/capabilities to demonstrate the Bank’s ability to recover from severe stress.

Requirements

University degree in business, accounting, finance or related discipline.
3-5 years of business experience in more than one area of the Bank or related industry.
Relevant experience in risk management, finance and treasury will be an asset.
Excellent written and verbal communication skills.
Strong oral presentation skills, and proven analytical and problem-solving skills.
Strong relationship management skills with ability to influence across cross functions.
Keen attention to detail.

Nice To Haves

Proficiency in Spanish language
Project management experience

Responsibilities

Support the development of a concise and cohesive recovery plan through continuous improvement and quality control, as well effective presentations to management, Board/Committees, and OSFI.
Challenge subject matter experts’ recovery plan submissions in alignment with regulatory requirements and enterprise policies, guidelines, plans and standards.
Help interpret new regulatory guidance and operationalize it by collaborating with subject matter experts and identifying impact to ensure the Bank meets regulatory expectations.
Liaise and collaborate with multiple stakeholders through verbal and written communication channels.
Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Support the implementation of projects related to the enhancement of the bank’s Recovery Plan.
Provide advice and counsel to international subsidiaries in the creation/updating of their own Recovery Plans.
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Actively pursue effective and efficient operations of their 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 contribute to an inclusive work environment.