Senior Manager, Operational Risk and Resilience

Scotiabank•Toronto, ON

2d•Onsite

About The Position

Scotiabank is enhancing its operational resilience capabilities within the Enterprise Operational Risk function and is looking for a Senior Manager who will report to the Director, Operational Risk & Resilience, to support the governance, oversight and effective challenge of the Enterprise Operational Resilience program. The Senior Manager is responsible for overseeing and effectively challenging the design and execution of the Operational Resilience Program, with a focus on the following areas: Global Banking & Markets, Global Wealth Management and Global Transaction Banking.

Requirements

Undergraduate degree required.
5+ years’ experience in a risk management role.
Familiarity with operational resilience regulatory requirements and best practices.
Good understanding of financial institutions, infrastructures and markets required.
Excellent organizational skills and ability to deliver complex initiatives under challenging timelines.
Ability to identify, manage and collaborate with multiple stakeholders across a global footprint.
Excellent written and verbal communication skills required to prepare communications and interact effectively with senior levels of management throughout the Bank.
Strong communication and presentation skills are essential to explain regulations and internal policy and procedure.
Demonstrated ability to exercise sound judgment as to the materiality of risks where identified.
Proven time management skills and adaptability to address shifting priorities and manage competing priorities.

Nice To Haves

Knowledge of capital markets, corporate banking and investment products/ services, and/ or wealth management products/ services strongly preferred.

Responsibilities

Support the overall design and implementation of an enterprise-wide Operational Resilience Program.
Contribute towards the development and execution of the Bank’s operational resilience strategy.
Support maintenance of Operational Resilience program documentation (Framework and Standard).
Conduct 2nd line oversight and effective challenge on the execution of the Program, including the design of methodologies/ processes by the first line to support the implementation of the Operational Resilience Framework.
Monitor and ensure remediation plans are developed to address identified vulnerabilities.
Contribute to reporting on the Bank’s resilience posture.
Provide advice and guidance to enhance the Bank’s resilience awareness and capabilities.
Work with other risk teams and relevant stakeholders (e.g. Cyber & IT Risk, Data & AI Risk, Third Party Risk, etc.) to ensure operational resilience considerations are embedded across the Bank.
Liaise with external networks and industry groups to stay abreast of current operational resilience practices, including related developments in peer banks, and the latest regulatory expectations and guidance.
Drive or support ongoing and additional operational risk management projects as required.