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Title:  Director, Enterprise Payments Risk, Program Standards, Oversight & Advisory




Requisition ID: 156019

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


The Director of Enterprise Payments Risk (EPR), Program Standards, Oversight & Monitoring, establishes and manages the strategic direction and oversight of the Payments Risk program globally ensuring end to end 360 understanding of payments technology and processes with risk identification, controls, KPI’s and KRI’s in place that are monitored for effectiveness, and reported.



What you'll be doing in this role: 

•    Acts as primary liaison with Functions in respect of intersections and impacts between their respective policies and programs and EPR mandate responsibilities and policies.

•    Provides leadership support to the VP by conducting thorough analysis and drafting recommendations or position papers on strategic and operational issues impacting Enterprise Payments Risk.  Supports Enterprise Payments Risk’s lead role in governance of compliance, cross-business and cross-border regulations.  

•    Develop and sustain key strategic relationships to effectively meet stakeholders’ needs by working collaboratively with peers and Risk heads, participating in meetings that will enhance enterprise payment risk strategy.  Effectively liaise with cross-functional and cross-jurisdictional business partners to ensure the timely execution and completion of the initiatives or specific deliverables; and provide advice and counsel to partners and stakeholders on payment products, processes, risks, controls and emerging considerations.

•    Plays a key role in the ongoing business strategy planning and execution processes of Enterprise Payments Risk by providing direct counseling to executive team and business partners on how best to improve the current model to address enterprise payments risk. 

•    Leads or provides project management support and expertise to the VP and their management team, including leading strategic projects that are multi-jurisdictional in scope and/or involve multi-disciplinary project team.

•    Establishes and owns EPR frameworks, standards, directives, and taxonomies to effectively manage payments and related risk enabling flexibility and adaptation for changes in product, channel, segments, technologies, and emerging risks. 

•    Supports FCRM’s ongoing management of operational, regulatory and compliance risks under the Enterprise-Wide Risk Management Framework, Operational Risk Management Policy and the Risk Culture and Conduct Risk Management Framework and other enterprise frameworks and policies as applicable. 


We'd love to work with you if you have:

•    Solid understanding of payment products, payment technology and processes (movement of value) 
•    Strong familiarity and experience with bank regulatory compliance programs and/or enterprise/operational risk programs
•    Prior exposure to a control environment in risk management, compliance, or audit
•    Working knowledge of business environment supported by a strong understanding of policy and regulations
•    Exceptional written and verbal communication skills
•    Strong analytical and process design skills
•    People management experience and leadership skills
•    7 – 10 years of related Payments, AML or general Compliance or Operational Risk experience


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.

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