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Title:  Senior Manager, Third Party Risk Management




Requisition ID: 155186

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


Purpose of Job:


The Senior Manager, Regulatory, Audit and Controls Oversight, Third Party Risk Management contributes to the overall success of the Global Third Party Risk Management Program ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.  The incumbent is accountable for leading regulatory and audit activities, including exam and audit readiness, quarterly meeting preparation and ensuring timely closure of regulatory findings and audit issues.  


Job Responsibilities:


  • Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Act as the lead for all regulatory and audit reviews and requests of Third Party Risk Management domestically and globally.  Provides expert oversight of all exam and audit activities including the preparation, collection and quality assurance of artifacts and documentation.
  • Provide independent oversight and challenge over the effective design and operationalization of the Third Party Risk Management Program, challenging adherence to internal policies and procedures.  Leads an annual self-assessment activity against the Third Party Risk Management Program to identify gaps requiring resolution.
  • Act as the key advisor to the control and support functions operating within the Third Party Risk Management Program and is dedicated to supporting their success and effective operations within the program. Is responsible for supporting and leading the planning, readiness and onboarding of new control functions joining the program and functions that may be retired.
  • Act as the lead for all compliance and risk activities and reviews for Third Party Risk Management including: CRCA, Regulation Library, Resolution and Recovery Plan, Business Continuity Plans, CDIC remediation, among others.
  • Support strategic projects and initiatives for Third Party Risk Management as requested by the VP and/or Director of Third Party Risk Management, including the annual funding process. Oversees and reports on the departmental budget and key program deliverables to ensure we are meeting or beating our goals.
  • 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 contributes to an inclusive work environment.


Job Requirements:


  • 10+ years proven governance and/or risk management experience in Financial Services industry
  • Undergraduate degree in Business, Economics, Finance, Law; MBA, CRM certification or other Graduate Program in related discipline would be an asset.
  • Advanced understanding of the regulatory landscape with respect to third party risk.
  • Experience in leading dynamic and multifaceted projects.
  • Strategic thinking and strategic influencing skills.
  • Knowledgeable on regulation regarding operational risk, comfortable driving conclusions/insights from numerical indicators
  • Sound judgment, learning agility, and a high level of professional and personal integrity
  • Excellent communication (written and verbal) and interpersonal skills; ability to effectively communicate with senior/executive management.  ​​​​​​​


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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