Title:  Associate Director TPRM Lead - Business Risk Management, GBM London or Dublin based

Requisition ID: 251894

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

Purpose

The Third-Party Risk Management (TPRM) Lead role for Europe is a high impact first line of defense (1LoD) role within Scotiabank’s Global Banking & Markets (GBM) Business Risk Management (BRM) team and can be based in Dublin or London. The role holder will be responsible for leading the oversight, implementation and embedding of the TPRM framework in line with policy. This role will play a key part in the resilience of the GBM business in Europe by exercising robust management of risks associated with internal and external third-party suppliers and to be fully compliant with the applicable laws, regulations, and guidelines within Europe.

The scope of this front-to-back regional role includes business lines (Global Capital Markets, Corporate & Investment Banking and Global Business Payments) and Group Treasury.

Accountabilities

• Leads the development, implementation, and management of TPRM and risk mitigation in Europe. 
• Responsible for TPRM governance committees, monitoring, and reporting across the two locations.
• Build strategic relationships with with key stakeholders (business and relevant support functions) across the three lines of defense, both regionally and across the Group, to ensure that adequate engagement, support, and input is achieved, so to ensure effective delivery and execution of TPRM requirements.
• Keep abreast of regulatory developments and industry best practice ensuring alignment and initiative-taking adaptation of the framework.
• Coordinate and oversee complete and accurate implementation of TPRM by responsible and accountable Contract Owners (in both business and enterprise functions including IT, Operations, HR, Finance, and Legal) in line with policy, procedures, and expectation of regulators.
• Assist and guide Contract Owners in discharging their responsibilities through all stages of the contract lifecycle (onboarding, maintenance of contracts and offboarding) in line with procedures.
• Track, monitor and report relevant SLA metric performance (KPIs) of arrangements and TPRM KRIs and other related metrics and controls to governance forums.
• Support the periodic reviews of UK and Ireland non-ICT Registers including planning, maintenance, communication of requirements, oversight and regulatory submission.
• Complete review that Contract Owners are adhering to minimum requirements for oversight and monitoring, liaising with the Risk team for relevant second line review and challenge, and for ensuring that the TPRM systems are up to date to meet regional requirements.
• Support and roll out TPRM training, dissemination of information to facilitate understanding of requirements, working closely with Risk Management, Compliance and Legal.
• Perform first-line sample-based testing to ensure Contract Owners are following TPRM methodology and that contract documentation and requirements are complete and accurate, and standards are consistently and sustainably maintained by Contract Owners, in line with policy and regulatory expectation.

• Actively engage with the second-line partners (Global Risk Management) in the on-going development and refinement of policy and framework requirements and collaborate with global teams for consistency and alignment of practices wherever possible.
• Support TPRM responses for independent reviews and examinations including audits, compliance testing, regulatory requests, and related action tracking to remediation.
• Understand and consider the Bank’s risk appetite and risk culture in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct, and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions, and conduct risk.
• Champions a high-performance environment and contributes to an inclusive work environment.

Dimensions

• This is a high-profile role based in Dublin or London with interactions with a range of functions within and outside SIDAC and BNS London, including local C-suite positions, internal audit, local management committees, and representation of local perspectives in global group forums;
• GBM contributes significantly to the total Scotiabank Group Net Income;
• Complex regulatory and business environment (e.g., CBI, PRA and EBA etc.); and

Education / Experience

• Demonstrated experience in TPRM and knowledge of regulations and standards including PRA, CBI, and other European legislation;
• Expert/good working knowledge of internal controls, risk frameworks and governance;
• Demonstrate significant maturity, credibility, and sound judgment in dealing with senior management, across business lines and other support groups;
• Strong communication, problem solving and interpersonal skills, with the ability to influence and engage stakeholders, and
• Motivated self-starter who can engage with senior stakeholders across different disciplines and tailor information granularity to suit the needs of different audiences.

Location(s):  Ireland : Leinster : Dublin || England : Greater London : London (UK) 

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.