Title:  Manager, Model Compliance - Retail & Small Business

Requisition ID: 253581 

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

As a member of the Model Compliance team, you will report directly to a Senior Manager and be a critical member of a team leading model tracking management, model compliance, and other ongoing governance and enablement activities. You will work hand-in-hand with our Model Owners and Developers for the Bank’s Retail and Small Business forecasting and credit risk decisioning models, and will collaborate regularly with a wide range of stakeholders and internal partners including Model Risk Governance, Model Validation, Global Compliance, Enterprise Risk and Audit (to name a few)!

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

• Managing and ensuring accurate model-related inventories and information, records, issues management trackers, etc.
• Maintaining evolving team-owned regulatory requirements and controls, risk assessments and other related activities within Bank repositories and control libraries. 
• Supporting Business Units (i.e. Model Risk Governance, Model Validation & Approval, Basel & GRM Regulatory Office, Global Compliance, Regulatory Programs & Initiatives, Audit, and Enterprise Risk) on information requests, attestations, and ongoing governance activities related to models.
• Proactively engaging Enterprise-wide stakeholders to ensure evolving regulatory, legal and internal Bank policies, standards and processes are reviewed for impact and applicability to the management of Retail and Small Business forecasting and decisioning models.
• Supporting management and Model Owners and Developers in preparing/delivering action plans, required documentation, and ad-hoc reporting.
• Managing access and access controls for the team SharePoint site, libraries and documentation.
• Assisting with the completion of monthly/quarterly regulatory reporting activities related to regulatory submissions.
• Supporting activities to proactively identify, promote and lead process improvements including streamlining, automating, and standardizing processes.
• Leading projects and initiatives related to governance, compliance, and other risk-related activities impacting the team.
• Establishing and maintaining strong, cooperative relationships with stakeholders.

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

• Bachelor’s degree in business/commerce (or equivalent field); Risk Management and/or Regulatory Compliance designation is an asset.

• 2+ years’ experience in Banking, preferably within Risk Management, Audit or Compliance roles.
• A thorough knowledge of risk management, control, and audit disciplines.
• Strong analytical, negotiation, influencing, and conflict management skills.
• Excellent project management, problem solving, and decision-making skills.
• Strong fundamental understanding of business analysis, requirements definition and process mapping.
• Fluent English-language verbal and written communications: the ability to distill complex and often ambiguous policies, guidelines and information, and prepare and edit high-quality documentation (Executive proposals, management reports, processes and guidelines etc.)
• Experience with SharePoint administration, MS Lists functionality, standard database management, and strong skills in use of the MS Office Suite, Power BI and presentation tools.
• Knowledge of credit risk models/scorecards is an asset.
• You believe, first and foremost, in always doing the right thing and doing things the right way.
• You are both deeply curious and highly pragmatic
• You identify opportunities for optimization (we live and breathe “continuous improvement” and “effective challenge”) while always remaining committed to compliance quality and excellence.

What’s in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.

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.