Title:  Manager, Third Party Risk Management and Governance - Enterprise Risk Dublin

Requisition ID: 244110

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

Purpose

To support and enhance the firms’ third-party risk and outsourcing management framework in compliance with regulatory requirements, ensuring effective governance, risk assessment, oversight, and monitoring of all material outsourcing and third-party relationship. Contributes to the overall success of the Enterprise risk Function in SIDAC, ensuring specific individual goals, plans, and initiatives are executed and delivered in support of the team’s business strategies and objectives. 

The accountabilities are divided into the following categories:

The primary responsibilities include:

• Third Party Risk Management and Outsourcing and supports the development and maintenance of the Outsourcing and Third-Party Risk Management Framework in line with local regulatory expectations

• Provide oversight and challenge over the effective operationalization of the Third-Party Risk Management Program, challenging adherence to internal policies and procedures

• Manages the TPRM Regulatory Library, encompassing jurisdiction specific Regulatory Obligations and Key Controls
• Supports enhancements and formal adoption of the Enterprise TPRM Program, including maintaining local addendums, seeking Global TPRM Advice & Counsel to local elements and exceptions
• Oversees adherence to the Bank’s risk appetite against the TPRM Program, by monitoring KRIs and concentration risks in line with the TPRM Risk Appetite
• Provide 2nd line of defence oversight and challenge on the bank’s Third-Party Risk Management process and ensures comprehensive, up-to-date outsourcing policies and procedures are in place

• Support the integration of third-party risk into enterprise risk management and operational resilience framework and Participate in TPRM subcommittee, ORC and relevant working groups

• Assist with the review and re-design of pre-outsourcing risk assessment and due diligence, as well as exit strategies

• Apply consistent and risk-based vendor assessments, especially for critical and important outsourcing arrangements and Perform TPRM Quality Control and Quality Assurance reviews

• Support Global TPRM to share best practice in relation to Third-Party Risk management from a regional perspective, and support strategic projects and initiatives for Third Party Risk Management

• Work closely with Business Risk Management teams as the main contact in GRM and provide second line input as necessary

• Perform gap analysis following publication of regulatory guidelines and Enterprise policies and assist in the formulation of the third party associated metrics by working with Internal Controls and seeking concurrence from Global TPRM

• Review   the effectiveness of third-party risk management assessments in new initiatives (NIRA-OR3 reviews and oversight

• Collaborate with Operational Resilience, IT & Cybersecurity, and Business Continuity Planning teams to address aspects related to third-party risk management and participate and engage in industry forums to remain current on new developments on TPRM areas.

• Provide support for all functions within the Enterprise Risk team where required including Risk Governance, Operational Risk and Resilience, Data and Risk Reporting.

Risk Governance, Regulatory & Internal Reporting

• Coordinate responses to regulatory inspections, risk reviews and outsourcing-related inquiries

• Support GBM Internal Control and Risk Oversight Reporting (Toronto) on matters pertaining to Risk Management Framework and Risk Appetite

• Prepare risk reports for the Board, Risk Committees and Executive Committees

Education & Experience

• University degree in a business-related field, with at least 5 years of progressive experience in the financial services industry. Relevant Masters is desirable.
• Should have a breadth of experience in risk management, audit, capital markets or related areas.
• Possess excellent interpersonal and relationship-building skills to deal with senior levels of management.
• Possess strong communication (verbal and written), listening, presentation and facilitation skills.
• Experience with Coupa Risk Assess and Icertis would be an asset.

• Good knowledge of Microsoft Excel, Word, PowerPoint and Visio,
• Excellent interpersonal and relationship-building skills to deal with all levels of staff,
• Strong communication skills both written and verbal,
• Ability to work independently.

Location(s):  Ireland : Leinster : Dublin 

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.