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Senior Manager, Non-Financial Risk Advisor - (1-Year Contract)

Date: Mar 15, 2019

Location: Toronto, ON, CA

Company: Scotiabank

 

 

Requisition ID: 48006

 

Join the Global Community of Scotiabankers to help customers become better off.

Job Purpose

Contributes to the overall success of the Canadian Banking Internal Controls Unit ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

 

Key Accountabilities

  • Develop strong relationships with the Canadian Banking Risk Owners by acting as the first line non-financial risk advisor and the primary conduit between the Risk Owners and the Second Line of Defence
  • Challenge the design and implementation of Risk Owner initiatives and collaborate in the design of risk controls and the mitigation of key risk issues and control gaps.
  • Management and execution of Operational Risk & Controls Self-Assessments and Compliance Risk & Controls Assessments to assist the Risk Owners proactively identify risk issues, emerging risks and key controls to be tested.
  • Support the Risk Owners to define risk appetites, metrics and thresholds for for ongoing monitoring including developing sub-business line Risk Appetite Statements.
  • Act as enterprise Regulatory Compliance Management (eRCM) coordinator for the Risk Owners which includes ensuring the controls inventory is accurate and capturing the impacts of new regulations.
  • Assist contract owners complete third-party contract risk assessments and due diligence activities within VISTA to mitigate third party risk.
  • Assist the Director with developing the annual Canadian Banking Non-Financial Risk strategy and plan.
  • Continuously identify opportunities to improve effectiveness and enhancements of risk identification and management policies and processes.
  • Maintain a current awareness of regulatory requirements and industry best practices in operational risk.
  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
  • Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.

 

Functional Competencies

  • Strong understanding of regulations and operational risks impacting the Bank and the importance of key mitigating controls.
  • Experience with identifying, documenting and assessing risk and controls within the first line.
  • Strong understanding of OSFI B-10, E-13 and E-21.
  • Excellent verbal and written skills with the ability to effectively communication with business partners at all levels of the Bank.
  • Proven leadership and time-management skills.
  • Excellent problem solving, critical thinking, and negotiating skills.

 

Education/ Experiences

  • Bachelor degree in Business Administration or a related discipline. MBA is preferred.
  • 5+ years of experience in an operational risk management or audit function in the financial services industry or 10+ years of relevant Retail & Commercial Banking experience.
  • Expert knowledge of Microsoft PowerPoint, Excel, Word, and Visio.

 

 

 

 

Location(s):  Canada : Ontario : Toronto

As Canada’s International Bank, we are a leader when it comes to inclusion. We are a diverse and global team, speaking more than 100 languages with backgrounds from more than 120 countries. 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. Candidates selected for an interview will be contacted directly.  If you require accommodation during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible.


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