Scotiabank-posted about 8 hours ago
Full-time • Mid Level
Dallas, TX
5,001-10,000 employees

The Senior Manager, Recovery & Resolution Planning (RRP) plays a key role in advancing the Bank’s global recovery and resolution planning capabilities. Acting as Deputy to the Director, this role supports the design, maintenance, and execution of Scotiabank’s enterprise-wide recovery and resolution program in alignment with OSFI, Federal Reserve, and FDIC expectations, as well as internal governance and risk standards. This position is a key role in ensuring that Scotiabank meets its obligations under both Federal Reserve and FDIC Resolution Planning rules and guidance, along with any other applicable U.S. prudential standards, while maintaining alignment with the Bank’s broader risk and capital frameworks. The incumbent will partner closely across Finance, Treasury, Risk, and Business Lines to develop and refine recovery options, resolution playbooks, and data aggregation capabilities that demonstrate the Bank’s ability to recover from severe stress or be resolved in an orderly manner. This role requires a dynamic Senior Manager who brings regulatory expertise, strong banking and commercial judgment, and exceptional communication and relationship-building skills—a professional who thrives in a collaborative, purpose-driven environment grounded in Scotiabank’s values of Integrity, Respect, Accountability, and Passion.

  • Program Development & Governance Support the design and continuous improvement of the global RRP framework, ensuring consistency with regulatory guidance (e.g., U.S. Resolution Plan Rule 12 CFR Part 243, Sections 165(d) of the Dodd-Frank Act, TLAC Requirements, FDIC IDI resolution Plan Rule, etc).
  • Act as deputy to the Resolution Planning Director in coordinating inquires from internal stakeholders, managing project plans, and maintaining documentation for regulatory submission.
  • Contribute to the development of recovery triggers, governance protocols, and testing approaches.
  • Regulatory Engagement & Submissions Support the preparation of regulatory deliverables, including recovery plans, resolution submissions, self-assessments, and responses to supervisory requests.
  • Participate in reviews, examinations, and industry dialogues on recovery and resolution matters.
  • Scenario Analysis & Testing Coordinate recovery and resolution scenario development, testing exercises, and contingency playbook reviews.
  • Analyze the financial and operational feasibility of recovery options and interdependencies across entities and jurisdictions.
  • Oversee analytical workstreams, including liquidity and funding in resolution, capital and other point of non-viability triggers, capital positioning, identification of material legal entities, critical operations and shared services mapping, and other legal/financial rationalization.
  • Stakeholder Management Work collaboratively with partners in Treasury, Finance, Legal, GRM, and the business lines to ensure alignment of recovery and resolution strategies with broader risk and capital frameworks.
  • Partner closely with all key senior management across the bank’s leadership platform to help ensure the seamless integration of U.S. resolution planning into strategic and operational decision-making.
  • Present findings and updates to senior management committees and working groups.
  • Continuous Enhancement & Benchmarking Monitor evolving regulatory expectations and peer practices across US FBOs, US G-SIBs, and other Canadian peers (i.e., Canadian D-SIBs).
  • Support enhancements to internal governance, metrics, and documentation to ensure ongoing readiness.
  • Provide support in advancing Scotiabank’s enterprise-wide resolution and recovery capabilities, embedding best practices into policies, playbooks, and testing protocols.
  • 7–10 years of experience in risk management, finance, treasury, regulatory affairs, or related banking functions.
  • Experience in U.S. regulatory policy, resolution planning, recovery planning, or financial risk management, preferably within a global bank or regulatory authority.
  • Strong understanding of OSFI, Federal Reserve, and FDIC frameworks, particularly as they relate to recovery and resolution planning, liquidity, capital, and operational continuity.
  • Exceptional analytical, written, and verbal communication skills, with proven ability to synthesize complex regulatory concepts into actionable insights.
  • Experience preparing regulatory deliverables, policy frameworks, or risk documentation for senior management or board committees.
  • Strong project management and stakeholder engagement skills; able to coordinate across multiple teams and jurisdictions.
  • Demonstrated ability to work independently while maintaining strong partnership and collaboration with internal teams.
  • Exhibits comprehensive knowledge of bank structure, funding mechanisms, and balance sheet management, coupled with the capability to effectively interpret regulatory requirements into actionable strategies for business operations.
  • Bachelor’s degree in Finance, Economics, Business, Risk Management, or a related discipline (advanced degree or professional designation such as CFA, CPA, FRM preferred).
  • Experience in large financial institutions (Category I–III, FBO, or D-SIB environments) is strongly preferred.
  • Familiarity with enterprise risk management, recovery and resolution frameworks and cross-border coordination processes is an asset (also generally conversant with other global regulatory standards)
  • Track record of success in matrixed environments, effectively aligning global and regional priorities.
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