Title:  IT Risk Lead

Requisition ID: 246568

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

Scotiabank’s Global Technology & Enterprise Platform (GTEP) - Technology Internal Controls & Regulatory Management (ICRM) team plays an important role in the Bank’s IT Risk Governance Framework, by providing 1st Line of Defense for GTEP and the Bank for all technology risk domains, including Asset Management, Cyber Security, Software Currency, Disaster and Backup Recovery, Third Party Management, and Audit and Regulatory issue remediation. There are many exciting opportunities to grow in the areas of risk management, business technology development and work with many cross-functional teams within the Bank.

The role:

You support the Director, Technology Internal Controls in achieving GTEP’s top priorities of IT Risks more specifically IT Issues Management by collaboratively assessing, analyzing and quantifying IT risk, designing controls and assisting in their implementation. It is part of a strategic and comprehensive IT Risk Management cross-functional organization, ensures control implementation in accordance with regulatory expectations, risk appetite, organizational risk practices and evolving business practices.

 You will be working with colleagues & constituents across the Scotiabank footprint. Collaboration technologies, such as MS Teams, will be at your disposal to connect with Scotiabankers around the globe.

Is this role right for you? In this role, you will:

• You are prepared to act in the line of defence as Technology Internal Controls (1B) to ensure implementation of initiatives in accordance with regulatory expectations, risk appetite, organizational risk practices and evolving business practices.
• You collaborate with Risk Owner (1A) teams, risk owners, to build their capability to identify, assess, mitigate, and monitor risks associated with their use of information and IT systems.
• You have no hesitation to act as a primary interface and conduit between the risk owners and other lines of defence including Global Risk Management, internal audit, external audit, equivalent risk advisors, and regulators in various business areas to oversee the facilitation and execution of risk management activities.
• You are adept in identifying, assessing, prioritizing, and reporting on material risks for IT and aligned business areas. Conduct risk assessments and ensure observations, issues and outputs are recorded in enterprise tools; support IT risk control testing and monitoring and help risk owners with remediation plan.
• You are eager to monitor IT risk Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) and develop or manage programs to established performance within bank risk tolerance.  Prioritize risk activities, ensure timely remediation, and escalate when necessary.
• You embrace the co-ordination of control testing. Facilitate evidence collection and escalate conflicts or roadblocks to relevant Subject Matter Expert (SME) to ensure control testing is completed as per schedule. Prepare quarterly regulatory attestations.

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

• You can demonstrate solid communication (verbal/written) skills in English. The same in Spanish is preferred. Furthermore, your ability to communicate confidently and clearly on conference calls, in meetings, via email, etc. at all levels of the organization is essential.
• You have at least 7+ years of hands-on working experience in IT and risk management functions at a financial services organization (areas of focus could be in governance, operations, internal/external audit, control functions, compliance, risk management, or risk consulting).
• You possess proven management and strategic influencing capability, supported by well-developed logical and strategic thinking capabilities.
• You have a good track record on balancing conflicting priorities of various departments and stakeholders, which requires a mature, diplomatic approach and highly developed negotiation and influencing skills.
• You can demonstrate an ability to establish and maintain healthy relationships with different stakeholders (risk owners, oversight, audit, etc.) for a more effective collaboration.
• You have experience using tools such as Excel, PowerBI, or SQL to aggregate, summarize and analyze data to produce insightful dashboards helping stakeholders to focus on problem areas.
• A solid asset to have: 1) ability to identify key priorities and multitask; and 2) strong understanding of infrastructure risks.

What's in it for you?

• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - 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. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.  
• Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
• Competitive Rewards program including bonus, flexible vacation, personal, sick days and benefits will start on day one.
• Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, Humans of Digital and much more!

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.