Title:  Manager, Non-Financial Risk & New Initiatives

Requisition ID: 265019 

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

The Role:

The Manager, Non-Financial Risk & New Initiatives, supports the day-to-day management of the Canadian Banking New Initiative Risk Assessment (NIRA) program as part of the Canadian Banking Business Risk Management (CB BRM team). CB BRM is responsible for providing strategic and tactical leadership on the assessment, monitoring and reporting of non-financial risks across Canadian Banking.

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

•  New Initiative Risk Assessment (NIRA) program: support the business units and Initiative Sponsors during the assessment of initiatives that meet the policy criterion. Related activities include:
  • Maintaining daily pipeline report of all in scope initiatives
  • Collaborating with risk advisors and business sponsors to help assess the risk materiality of an initiative, leading to a risk-based scoping decision for the NIRA
  • Acting as a subject matter expert by providing advice to Initiative Sponsors regarding the assessment of risks for their initiatives
  • Preparing the agenda and materials for the monthly New Initiative Risk Review Committee meetings
  • Ensuring that all risks are appropriately mitigated, and in the case of identified gaps, that actions plans are in place and completed on time
  • Serving as a liaison between Control & Support Functions and the Initiative Sponsors, including securing timely sign off from Control & Support Functions, when required
  • Ensuring all NIRAs are compliant with all policy and addendum requirements
• Business Unit Training: prepare and conduct training sessions to business units within Canadian Banking to increase awareness and understanding of the NIRA process.
• Operating Guidelines: support the Senior Manager and Director in the maintenance of the department's Operating Guidelines which includes the department's Operating Model, Governance Structure, and Roles and Responsibilities that support the execution of the Bank's Operational Risk Framework within Canadian Banking.
• Relationship management: maintain strong relationships with the Canadian Banking business units, BRM risk advisors, applicable Control & Support Functions, and Global Operational Risk teams to remain current on new developments and emerging risks.
• Customer focused culture: champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Risk appetite and risk culture: understand how the Bank’s risk appetite and risk culture should be considered

in day-to-day activities and decisions.

• Continuous improvement: contribute to a culture of constant improvement by analyzing existing procedures and proposing more efficient ways to obtain better results that add value to our customers and business.
• Other projects and activities: provide additional support to other projects and activities that fall within the

Business Risk Managements’ mandate(s), as required.

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

• Excellent problem solving, critical thinking, and negotiating skills
• Expert knowledge of Excel, PowerPoint, Word, and Visio
• Excellent written and verbal skills (must be able to prepare documentation and interact effectively with other Bank departments)
• Excellent leadership and time-management skills
• Must maintain a current awareness of regulatory requirements and industry best practices in operational risk
• Thorough knowledge of Bank's regulations, policies, procedures, operations, and functions
• Excellent knowledge of the roles and responsibilities of Canadian Banking business units and related support functions across all delivery channels
• Bachelor’s degree in business administration, Accounting, Finance, Project Management.

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.