Title:  Associate, Business Risk Management, Global Banking and Markets - Toronto

Requisition ID: 252501 

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

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world. 

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.  

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!  We work together to drive ambition for every future! 

Purpose
The Associate, Business Risk Management will contribute to the overall success of Non-financial Risk Assessments and Records Management programs, globally, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Responsible for ensuring all activities conducted are in compliance with governing regulations, internal policies and procedures.

What You'll Do:

• Risk Assessments: Contribute to the development, implementation, and maintenance of GBM’s non-Financial Risk Assessments, in compliance with applicable Bank Frameworks, Policies, Procedures and Guidelines.
  • Participate as a member of the team to oversee the globally consistent execution; i.e. Risk Control Self Assessments, Compliance Risk Control Assessments, Third Party Risk Management, New Initiative Assessments
  • Act as central global non-Financial Risk Assessment GBM subject matter expert for GBM
• Records Management: Contribute to the development, implementation, and maintenance of GBM’s records management program, in compliance with the Banks’s records management Framework, Policies, Procedures and Guidelines.
  Participate as a member of the team to innovate and create ways to identify, retain, retrieve and dispose of records in an efficient and effective manner.
  • Document and maintain procedures and guidelines in collaboration with Global Compliance, Technology and other control and support functions for recordkeeping requirements.
  • Act as a global records management subject matter expert for GBM
  • Execute periodic monitoring, testing and validation of records or recordkeeping, including monthly OTC Derivative trade reconstruction to test the Bank’s ability to provide information to a regulator within 72 hours, when requested.
• Support the maintenance, creation and review of dashboards and reporting for performance oversight and monitoring for records management and non-financial risk assessments
• Support the creation, aggregation, and disaggregation reporting, metrics and dashboards for GBM senior management, or executive committees (globally and regionally)
• Assist in the production of relevant, accurate, and comprehensive information in response to regulatory inquiries or Legal privilege and confidential requests for support.
• Understand how the Bank’s risk appetite and risk culture should be considered 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.
• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Other duties and projects may be assigned from time to time.

What You'll Bring:

• University degree in the business, finance or risk management disciplines
• Capital markets business knowledge, financial instruments and OTC derivatives is desirable
• Experience in capital markets or risk management role at a Financial Institution
• Strong quantitative and problem-solving skills
• Good knowledge of internal controls
• Strong written and verbal communications and inter-personal skills
• Proficient with data visualization tools such as PowerBI
• Proficient in data analysis, specifically with Python programming language
• Proficient in English and one of the following languages is an asset, French or Spanish

Work Arrangement: 
This position is currently a hybrid role, with the expectation that you will work 4 days a week in the office. Please note that this is subject to change based on the needs of the business.

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!  
 

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture. 

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs. 

Location(s):  Canada : Ontario : Toronto 

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.