Title:  Senior Manager, Regulatory Risk and Governance

Requisition ID: 227506 

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

The role:

The Senior Manager contributes to the overall success of the Global Finance, Regulatory Risk and Governance (1B) group ensuring specific individual goals, plans, and initiatives are executed and delivered in support of the team’s mandate and overall objectives. 

The incumbent must possess proven financial and accounting acumen including relationship and influencing skills and ensure all activities conducted are in compliance with governing regulations, internal policies and procedures. In addition, the Senior Manager is expected to develop sound solutions and where required, implement or coordinate implementation with cross-functional partners.

The position requires solid understanding of the Financial Reporting and Regulatory environment, knowledge of banking and experience managing complex initiatives related to the end-to-end processes for financial and regulatory reporting, including reconciliation and attestation, and Internal Control to mitigate risks and be able to take a consultative mindset when making recommendations. 

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

• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Oversee the end-to-end execution of the Bank’s General Ledger attestation process ensuring alignment with reporting, governance, and internal control requirements, including oversight of exceptions, issue escalation and remediation.
• Coordinate and enhance the governance, risk management and Global Finance Issue Management processes for internal controls across Global Finance, including review and assessment of control deficiencies and reporting issues, thematic and root cause analysis of operational weaknesses, and preparation of dashboards and reports that communicate control effectiveness, risk exposure, and operational performance to senior management. 
• Oversee the development, maintenance and continuous improvement of finance-specific governance standards, frameworks and operating procedures.
• Facilitate training and communications to embed a controls culture and governance awareness across finance.
• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge. 
• Champion a high-performance environment that fosters 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:

• Business/Accounting degree.
• 8+ years in Financial Services.
• Professional Accounting designation is preferred.
• Advanced knowledge of accounting (including IFRS), solid understanding of financial, management and regulatory reporting principles; knowledgeable of the Bank’s products, operations, and procedures.
• Strong knowledge of inherent and residual risks impacting banking and finance, internal controls, and evaluation.
• Knowledgeable of the Bank’s products, operations, and procedures.
• Strong analytical, organizational and problem-solving skills, with proficiency in data visualization tools (e.g. Excel, PowerPoint, Power BI etc.).
• Effective verbal and written communication skills, with the ability to interact confidently across Finance at various management levels.
• Proven ability to build collaborative working relationships and contribute to a positive, team-oriented environment.
• Highly flexible, detail-oriented, and able to manage multiple priorities under tight deadlines with accuracy and completeness.
• Experience in leading major initiatives across multiple areas and stakeholders. 
• Experienced in leading Financial and Regulatory initiatives. 

What’s in it for you?

• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities – for you and our customers.
• A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day. 
• 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 every 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. 

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.