Requisition ID: 276388
Purpose:
As part of the Wealth Business Risk Management team, you will play a critical role in strengthening operational risk practices across Global Wealth Management (GWM). This includes championing the NIRA program, managing self-identified issues, and supporting risk governance to ensure compliance with regulatory obligations and internal standards.
Is this role right for you? In this role you will:
• Develop expert understanding of Global Wealth Management business units (brokerages, asset management, estates and trust, private banking, mutual fund dealers, and International Wealth Management), including operational risk management processes, regulatory obligations and risk governance.
• Provide guidance to Wealth Management business units on operational risk events, process improvements, and outsourcing risk management by proactively identifying, assessing, mitigating, and monitoring risks while delivering key oversight and program assurance.
• Own and enhance the tracking and monitoring of Management Self-Identified Issues.
• Assist in the New Initiative Risk Assessment (NIRA) program for GWM business units by providing expert advice on screeners, coordinating assessments with control functions, and preparing packages for committee review and approval.
• Support with execution of Risk and Control Self-Assessment (RCSA) and Scenario Analysis.
• Build and maintain strong relationships with business partners and control functions to integrate risk frameworks and improve business line effectiveness.
• Support governance and oversight for FATCA/CRS/QI Tax Programs operating procedures.
• Utilize data analytics tools (Tableau, Power BI) to identify trends, assess risks, and enhance reporting capabilities.
• Champion a customer-focused culture and align team goals with GWM and Bank-wide strategies.
• Support additional risk management activities such as Operational Risk Events (ORE), Third-Party Risk Management (TPRM), and other emerging risk programs as required.
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 Finance, Commerce, or Business Administration.
• 3+ years of experience in risk-related functions (Internal Controls, Operational Risk, Compliance, or Internal Audit) or relevant experience in Wealth Management with demonstrated ability to learn and apply risk management practices.
• Strong understanding of Wealth Management businesses, products, and regulatory environment.
• Excellent communication and stakeholder management skills.
• A curious, self-starter mindset with strong problem-solving skills.
• Ability to manage multiple priorities and influence decision-making.
• Advanced proficiency in Microsoft Office (Excel, Word, PowerPoint, Visio).
• Professional designations (CFP, CFA) or advanced degrees (MBA) are an asset.
• Experience with data analytics tools (Power BI).
Interested?
What's in it for you?
Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location(s): Canada : Ontario : Toronto
