Title:  Senior Manager, Business Risk, Global Transaction Banking - Toronto, ON

Requisition ID: 253794 

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

Global Transaction Banking

Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Small Business, Commercial and Corporate clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us.

As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB’s comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and simplify payments, improve working capital performance, and mitigate financial risk.

At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.

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

Purpose
The Senior Manager, Business Risk plays a critical role in the success of Global Transaction Banking’s (GTB) Non‑Financial Risk Programs. In this role, you will support the Director, GTB Business Risk in implementing operational risk framework tools, strengthening GTB’s control environment, and ensuring effective, reliable management controls across the organization. You will partner closely with business lines, technology groups, and control/support units to improve risk management practices, enhance oversight, and support key enterprise programs.

What You’ll Do:

• Support the Risk & Control Self‑Assessment (RCSA) program, including scope reviews, data gathering, and tracking/coordination of outstanding action plans.
• Provide guidance and partnership to business and technology teams through the New Initiative Risk Assessment (NIRA) process, including preparation of materials for NIRA Committee reviews.
• Ensure Key Risk Indicators (KRIs) for GTB and significant business units are updated, documented, and supported with robust rationale.
• Participate in Scenario Analysis, including documentation, research, and analysis of internal and external operational loss events.
• Guide contract owners on Third Party Risk Management (TPRM) requirements, including Inherent Risk Questionnaires and due diligence activities.
• Support the Enterprise Regulatory Compliance Management (eRCM) program by reviewing regulatory obligations, mapping requirements to business units, and assisting in the identification of relevant controls.
• Review Assessable Units and Assessable Categories (AUACs) and assist teams in completing CRCA questionnaires; identify and challenge Major Change Events that impact responses.
• Prepare materials for the GTB Core Risk Committee (CRC) and provide leadership updates on Audit, Compliance, RCSA, NIRA, KRIs, operational risks, and fraud events.
• Contribute to the development and communication of processes that support policy implementation.
• Assist with audit and regulatory examination preparation, including information gathering and response development.
• Support GTB Operational Resiliency initiatives.
• Identify opportunities to enhance controls and improve process efficiency.
• Support management with ad‑hoc projects and special assignments as needed.

What You'll Bring:

• A university degree in a relevant field; an MBA, CFA, or equivalent professional designation is considered a strong asset.
• You bring a minimum of five years’ experience in internal controls, operational risk, or related areas—preferably within capital markets or a complex financial services environment.
• Strong understanding of control design, operational risk frameworks, regulatory requirements, and governance processes. You know how to assess and strengthen controls in dynamic, multi‑stakeholder environments.
• Proven ability to identify, assess, and articulate risks with clarity and structure. You’re skilled at interpreting large amounts of information, analyzing patterns, and transforming insights into actionable recommendations for the business.
• Demonstrated ability to exercise sound judgment, challenge stakeholders respectfully, and navigate sensitive conversations with senior management.
• Strong ability to build effective working relationships across business lines, technology teams, and control partners.
• Exceptional written and verbal communication capabilities. You can present complex topics in a clear, concise, and compelling manner tailored to various audiences, including executives, auditors, regulators, and risk partners.
• Strong Excel skills, including the ability to work with data, perform analysis, and create reporting that supports risk decision‑making. Experience with risk systems or GRC tools is an asset.
• Ability to navigate change, manage ambiguity, and proactively identify opportunities to enhance processes, simplify controls, and improve efficiency within GTB.
• Spanish language skills are considered an asset.

#LI-Onsite #GTB

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.