Scotiabank

Manager, Operational Risk Program, Fraud Risk, Governance & Strategy

Scotiabank$100K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • University degree in business or related field required
  • Experience in fraud or a similar role preferred
  • Strong knowledge of banking operations and products
  • 5+ years in business management, risk management, or compliance
  • Excellent interpersonal and senior management relationship-building skills

Responsibilities

  • Champion a customer-focused culture to deepen client relationships
  • Conduct annual updates of enterprise-wide Fraud Risk policies
  • Monitor and analyze regulatory developments and recommend actions
  • Maintain required Legislative Control Matrices
  • Support governance strategy for Fraud Risk issues management
  • Build reporting processes for senior management
  • Develop dashboards and presentations to report on project status
  • Identify opportunities to enhance fraud risk oversight practices

Benefits

  • Join a collaborative team of innovative thinkers
  • Diverse opportunities for professional development
  • Internal training to enhance skills
  • Inclusive work environment that fosters creativity and celebrates success
Full Job Description
Requisition ID: 268847

Contributes to the overall success of the second line Operational Risk, Enterprise Fraud Risk Programs team ensuring specific individual goals, plans and initiatives are executed/delivered in support of the team's strategies and objectives. The Manager is responsible for supporting the Director, Operational Risk Oversight, Fraud Risk and Controls in developing and maintaining relevant fraud risk governance documents, reporting and other governance processes in accordance with the Fraud Risk Management Policy.

Is this role right for you? In this role you will:
  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
  • Conducts annual policy reviews and update of all Fraud Risk policies enterprise wide ensuring all exceptions and decisions are captured in Clausematch, are translated and posted on FRO portal
  • Monitors and analyses any regulatory development (changes or new laws, regulations, industry trends) at a business line, country, and regional level providing recommendations to senior management for approval
  • Maintains the Legislative Control Matrices required under eRCM
  • Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions
  • Supports the governance strategy and process for the coordination and central tracking of all Fraud Risk issues management for the business lines and second line Global Fraud Risk Unit
  • Builds reporting processes and formats for senior management and executive management consumption
  • Develops dashboards and power point presentations to communicate the status of projects/remediation efforts in a clear and concise manner
  • Develop strong partnerships, stay abreast of the business priorities and support the delivery model to business line internal control teams, Fraud Management and applicable corporate support functions globally
  • Support the annual fraud risk effectiveness assessment, including methodology development and maintenance, and executive reporting to various risk committees as applicable, providing sound analysis, metrics, value-added advice and insight.
  • Proactively identify opportunities and support enhancement to fraud risk oversight practices. Provide insight to support the enhancement of the Bank's operational risk management framework tools, methodologies and program
  • Support various regulatory requirements as requested by OSFI/Internal Partners
  • Support overall Fraud Risk Oversight team mandate and deliveries as required; support team initiative to enhance overall fraud risk oversight practice and continue to build up team capabilities; support the overall department and other Bank units as required
  • 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 their respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
  • Champions a high-performance environment and contributes to 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:
  • University degree in business, or other related fields is required
  • Experience in fraud or fraud adjacent role an asset.
  • Strong knowledge of banking businesses, products, services, and end to end processes.
  • 5+ years experience in business management, internal control, risk management, compliance, audit, or related areas.
  • Strong interpersonal and relationship-building skills working with senior levels of management as well as global teams.


What's in it for you?
  • The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers
  • A rewarding career path with diverse opportunities for professional development
  • Internal training to support your growth and enhance your skills
  • An inclusive working environment that encourages creativity, curiosity, and celebrates success!


Location(s): Canada : Ontario : Toronto

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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