Title: Senior Manager, Risk Reporting and Analytics
Requisition ID: 239661
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Senior Manager, Enterprise Risk Reporting, is responsible for the production of accurate, complete, meaningful, and timely risk reporting to the Board, senior management, regulators and other internal stakeholders. This requires ensuring accuracy, consistency and excellence with creative rigor to achieve clear and meaningful risk reporting. The position requires automation and a good understanding of risk reporting to ensure appropriate tools are utilized to maximize the productivity of the reporting team and meet the needs of stakeholders and report audience. The Senior Manager is responsible for prioritizing the workload to ensure objectives and tight deadlines are met.
This role also supports the Director, Enterprise Risk Reporting, in periodic deep dives (Country, Business Line, etc) and other risk analysis/presentations as requested by Senior Management.
Is this role right for you? In this role you will:
1. Enterprise-wide Risk Reporting:
- Develop Board level presentations, which may include the quarterly Enterprise Risk Management Report or Top and Emerging Risks report, requiring strong research and data analytics capabilities, breadth of risk management experience, and strong communication abilities.
- Ensure accurate, complete, relevant and timely reporting on the Bank’s aggregate risk positions, as well as the top and emerging risks, to Senior Management, the Board of Directors, regulators, rating agencies on complex, cross-enterprise risks.
- Direct, organize, schedule and manage reporting on the Bank’s aggregate risk positions.
- Be the “First level reviewer’ of the aggregated risks sections in the ERM report ensuring consistency in messaging, providing challenge and performing sanity checks that the information/data included supports the qualitative comments etc.
2. Collaboration
- Effectively manage the interests and input of all stakeholders – risk subject matter experts, senior management and report users – and maintain high levels of service.
- Building effective, collaborative working relationships across GRM and the Bank including Secretary’s department, Strategy, Compliance, Finance and other corporate functions.
3. Automation
- Lead and manage initiatives that improve the efficiency and effectiveness of Risk Reporting operations such as identify opportunities for process improvements and execute improvements through automation and streamlining.
- Leverage technology (e.g., Python, GenAI) to enhance the efficiency of the Risk Reporting team and reporting environment.
- Ensure compliance with internal policies and guidelines, End User Computing (EUC) directive and external compliance with regulatory requirements.
4. Regulatory Knowledge
- Maintain current knowledge of regulatory expectations together with industry practices and issues that potentially impact the Bank’s risk appetite and Corporate Governance.
Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
- A graduate degree in accounting, business administration, mathematics or professional designation CPA/CFA/FRM designation equivalent
- Advance knowledge of MS office especially Excel and PowerPoint
- Experience in Quarterly Reporting to the Board and/or Senior Executives
- Working knowledge and experience with Python is an asset
- Working knowledge and experience with Business Intelligence tools especially PowerBI is an asset
- Strong analytical skills, high degree of judgment, and attention to detail
- Strong writing skills to provide concise, crisp and well-written risk commentaries
- Possesses a continuous improvement attitude and approach
- Ability to work on complex projects independently, within tight deadlines, adapts to changing deadlines and deliver materials. Excellent organizational skills are required to manage multiple and concurrent projects
- Role will require good understanding of various risk disciplines and processes
- Expert interpersonal and relationship building skills and strong communication skills are essential to influence and collaborate effectively with team members and stakeholders
- Spanish language skills will be an asset
What's in it for you?
- We have an inclusive and collaborative work environment that values curiosity & ownership, encourages pragmatic creativity (i.e. true innovation), and celebrates success!
- An inclusive working environment that encourages creativity, curiosity, and celebrates success!
- A rewarding career path with diverse opportunities for professional development
- Internal training to support your growth and enhance your skills
- A competitive rewards package that includes a base salary, a performance bonus, company matching programs on pension and profit sharing, paid vacation, personal & sick days, medical, vision and dental benefits that start from day one 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.
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