Scotiabank

Manager, Recovery and Resolution Planning

Scotiabank • $90K — $120K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • University degree in business, accounting, finance, or related discipline.
  • 3-5 years of experience in multiple areas within the Bank or related industry.
  • Relevant experience in risk management, finance, and treasury preferred.
  • Excellent written and verbal communication skills.
  • Strong analytical, problem-solving, and oral presentation skills.
  • Proven relationship management skills with the ability to influence across functions.
  • Proficiency in Spanish and project management experience is a plus.

Responsibilities

  • Support the development and improvement of the Recovery Plan through quality control and effective presentations.
  • Challenge and review recovery plan submissions to meet regulatory requirements and enterprise standards.
  • Interpret new regulatory guidance and collaborate to operationalize its impact on the Bank's processes.
  • Liaise and communicate with diverse stakeholders effectively.
  • Champion a customer-focused culture to enhance client relationships and leverage broader resources.
  • Support enhancements to the Recovery Plan through project implementation.
  • Advise international subsidiaries on creating and updating their own Recovery Plans.

Benefits

  • An inclusive and collaborative work environment that fosters creativity and curiosity.
  • Competitive rewards package including performance bonuses and employee ownership programs.
  • Health benefits from day one, alongside pension plan matching.
  • Opportunities for career development and progression.
Full Job Description
Requisition ID: 266963

The Manager, Recovery and Resolution Planning position is a key member of the Recovery and Resolution Planning team in Global Risk Management. This role supports the design, maintenance and execution of Scotiabank's Recovery Plan in alignment with OSFI's guiding principles. The Bank's Recovery Plan provides a detailed roadmap of the actions to be taken by the Bank in the event of a financial crisis that could threaten its viability. The incumbent will partner closely with Group Treasury, Capital Management, Global Banking and Markets, Operations, Strategic Transactions and Review, and various Business Lines to identify recovery options and develop playbooks/capabilities to demonstrate the Bank's ability to recover from severe stress.

Is this role right for you? In this role, you will:

  • Support the development of a concise and cohesive recovery plan through continuous improvement and quality control, as well effective presentations to management, Board/Committees, and OSFI.
  • Challenge subject matter experts' recovery plan submissions in alignment with regulatory requirements and enterprise policies, guidelines, plans and standards.
  • Help interpret new regulatory guidance and operationalize it by collaborating with subject matter experts and identifying impact to ensure the Bank meets regulatory expectations.
  • Liaise and collaborate with multiple stakeholders through verbal and written communication channels.
  • Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Support the implementation of projects related to the enhancement of the bank's Recovery Plan.
  • Provide advice and counsel to international subsidiaries in the creation/updating of their own Recovery Plans.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursue effective and efficient operations of their 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.
  • Champion a high-performance environment and contribute 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, accounting, finance or related discipline.
  • 3-5 years of business experience in more than one area of the Bank or related industry. Relevant experience in risk management, finance and treasury will be an asset.
  • Excellent written and verbal communication skills.
  • Strong oral presentation skills, and proven analytical and problem-solving skills.
  • Strong relationship management skills with ability to influence across cross functions.
  • Keen attention to detail.
  • Proficiency in Spanish language and project management experience is an asset.


What's in it for you?

  • An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
  • We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
  • Your career matters! You will have access to career development and progression opportunities.


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
Finance & Insurance
5 Year Trend
+7%
NASDAQ
BNS
* Ladders Estimates

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