Scotiabank

Manager, Non-Financial Risk

Scotiabank$100K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of experience in enterprise risk or reporting roles in a financial institution
  • Knowledge of Capital Markets and regulatory environment in Financial Services
  • Experience with Corporate and Investment Banking and related products
  • Bachelor's degree in business or related field; advanced degree preferred
  • Strong communication, analytical, and project management skills
  • Proficiency in MS Office; coding ability is a plus
  • Team player with a growth mindset, able to work independently

Responsibilities

  • Report on Operational Risk and cover second line of defense responsibilities
  • Prepare monthly Non-Financial Risk reports
  • Automate manual reporting for KRI management
  • Support timely escalation of review findings and remediation reporting
  • Assist in ORM activities including New Initiatives assessment and Risk Assessments
  • Provide support for operational risk activities across Business Lines and Corporate Functions
  • Assist Director with special projects and continuous improvement initiatives

Benefits

  • Flexible benefit programs for family, financial, physical, mental, and social health
  • Opportunities for personal growth and career advancement
  • A culture that embraces diversity and promotes employee empowerment
  • Engagement in a performance-oriented environment
  • Support for holistic well-being
Full Job Description
Purpose

The candidate will be responsible for implementing and ongoing execution of the U.S. Operational Risk Management Framework. The framework encompasses the key components of Enterprise Risk Management, including, but not limited to, Risk and Control Self Assessments ("RCSAs"), Risk identification, Operational Risk Events, Key Risk Indicators ("KRIs") and ongoing reporting and monitoring.

What You'll Do

  • As a member of the second line of defense for Non-Financial Risk in the U.S., the candidate will be responsible for Reporting Operational Risk and covering second line of defense responsibilities in collaboration with the team's Senior Managers and Director.
  • Monthly Non-Financial Risk Reporting.
  • Automation of manual reporting where possible, e.g., KRI management.
  • Provide support for the timely escalation of review findings and reporting on status of remediation. This includes accountability of reporting to senior management, committees on Operational and Data Risks.
  • Support the team in executing ORM activities such as New Initiatives assessment, KRIs, Issue and Action plan management, Risk Assessments, Scenario Analysis, and Operational Risk Events and reporting key outcomes.
  • Support the team with Divisional and Functional coverage, including operational risk activities over Business Lines and Corporate and Support Functions.
  • Support the Director with special projects, continuous improvement initiatives and adhoc reporting.
  • As the function evolves, the scope may expand to include other activities under the Operational Risk department.


What You'll Bring

  • 2+ years of experience working in an enterprise risk, reporting or risk role at a financial institution.
  • Working knowledge of Capital Markets and current regulatory environment in the Financial Services industry.
  • Experience working with Corporate and Investment Banking, Global Transaction Banking, Global Banking and Markets products, and associated Corporate and Support Functions.
  • Bachelors degree in business, related field, or equivalent experience. Advanced degree preferred.
  • Strong communications, analytical, organizational, and project management skills.
  • Strong knowledge in MSOffice (Word, Excel, PowerPoint) and other related productivity tools; ability to code/script is a plus.
  • Ability to communicate clearly and effectively, both verbal and written with all levels including business units, Corporate Functions, Internal Auditors, management, and regulators.
  • A strong team player who is open to listening and learning, demonstrating a growth mindset.
  • Ability to work independently within minimal supervision.

Interested?

If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That's why we work to grow and diversify talent and engage employees in a performance-oriented culture.

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.

#GBM

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
5 Year Trend
+7%
NASDAQ

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