Title:  Senior Manager, Operational Risk Oversight, Fraud Risk & Controls (Bilingual in Spanish & English)

Requisition ID: 263813 

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

Contributes to the overall success of the second line Global Operational Risk, Enterprise Fraud Risk Oversight team ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s strategies and objectives.  The Senior Manager is responsible for providing advisory support and collaborative challenge to business lines fraud risk management practices, leveraging Operational Risk Management Framework (ORMF) tools, to ensure compliance with relevant operational risk policies and standards as well as ensuring proactive management of top and emerging risks as identified.

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

•  Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Leverage strong business knowledge, act as a trusted advisor, provide value-added advice and independent effective challenge to business lines in their fraud risk management, utilizing key operational risk management tools such as Risk Control Self Assessments (RCSA), Scenario Analysis (SA), New Initiative Risk Assessment (NIRA), Operational Risk Events (ORE), Fraud Forecasting, Fraud Strategies, Fraud Controls, Fraud Rules, Key Risk Indicators (KRI) reporting and issues management.
• Develop strong partnerships, stay abreast of business priorities and act as the main point of contact to business line internal control teams, Global Fraud Management and applicable corporate support functions globally.
• Lead the annual fraud risk effectiveness assessment and executive reporting to various risk committees as applicable, providing sound metrics, value-added advice and insight.
• Proactively identify opportunities and support enhancement to fraud risk oversight practices. Provide insight to support the enhancement of the Bank's operational risk management framework tools, methodologies and program.
• Conduct thematic fraud analysis and root cause problem solving on issues identified through operational risk events reviews, self-assessments, scenario analysis and other reviews/testing including those performed by Audit, Shareholder Auditors, Compliance and Regulators to determine significant risks and ensure sound risk mitigations.
• Collaborate with other non-financial risks specialist areas as well as second line operational risk teams globally to ensure holistic approach: Stays up to date on all relevant internal, external risk events, and industry development in order to drive awareness and focus on managing top and emerging risks.
• Support various regulatory requirements as requested by OSFI/Internal Partners.
• Support overall Fraud Risk Oversight team mandate and deliveries as required; support team initiatives to enhance overall fraud risk oversight practice and continue to build up team capabilities; support the overall department and other Bank units as required.
• 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 their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Champions a high-performance environment and contributes to an inclusive work environment.

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

•  University degree in business, or other related fields is required.
• Experience in fraud or fraud adjacent role an asset.
• Strong knowledge of banking businesses, products, services, and end to end processes.
• 5+ years experience in business management, internal control, risk management, compliance, audit, or related areas.
• Strong interpersonal and relationship-building skills working with senior levels of management as well as global teams.

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.