Scotiabank

Manager, Responsible Procurement and Oversight

Scotiabank$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Post Secondary Education
  • 3+ years' experience in compliance, audit, governance, financial services, or procurement
  • Experience in audit/regulatory compliance and resolution
  • Ability to analyze data and draw insights
  • Familiarity with governance and testing procedures
  • Advanced Microsoft Office skills (Excel, PowerPoint, Word, Outlook)
  • Knowledge of project management and change management principles

Responsibilities

  • Champion a customer-focused culture to enhance client relationships
  • Support reporting and closure of audit and regulatory requirements
  • Ensure testing is designed to identify control gaps and non-compliance
  • Manage standards of the procurement function and Supplier Code of Conduct
  • Execute procurement practices aligned with strategic vision and audit
  • Monitor operational data to identify trends and provide analytical recommendations
  • Support establishment of a unified One Procurement culture
  • Prepare and present Procurement strategies using data visualization
  • Manage Procurement's Business Continuity Plan
  • Consider the Bank's risk appetite and culture in daily operations
  • Drive effective operations while ensuring compliance with regulations

Benefits

  • Competitive rewards program including bonus
  • Flexible vacation time
  • Personal and sick days
  • Comprehensive benefits starting on the first day
Full Job Description
Requisition ID: 266682

The role:

Part of a dynamic team within the Responsible Procurement and Oversight group that contributes to the overall success of the Procurement function globally by ensuring initiatives are executed and delivered in support of the department's business strategies and objectives. The Manager reports to the Senior Manager and works with multiple stakeholders across the Bank. The role will manage the effectiveness of the Procurement function internally, providing quality assurance review and externally, by testing standards related to the procurement function. The Manager will play an integral role in managing regulatory and non-financial risk matters and audit closures for Procurement. The successful candidate will be adaptable to a range of challenging projects and have a strong interest in audit, compliance and governance, procurement, and financial services.

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

  • Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Support in the reporting, documentation and closure of all audit and regulatory requirements.
  • Understand the applicable regulatory requirements to ensure testing is adequately designed to identify potential control gaps and non-compliance with regulatory requirements, best practices, and internal policies and procedures.
  • Responsible for managing and overseeing the standards of the procurement function, including but not limited to the Supplier Code of Conduct and responsible procurement matters.
  • Execute work across procurement teams to deliver sound procurement practices that align to Procurement's strategic vision and audit requirements.
  • Monitor and analyze operational data to identify trends, issues and opportunities, and provides feedback to their managers in search of analytical-based recommendations/solutions.
  • Support to establish a One Procurement culture, through various channels of communications and standardization of process.
  • Prepare and presents on Procurement strategies/process using synthesis, data visualization, and storytelling.
  • Manage Procurement's Business Continuity plan and execution
  • 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 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,
  • Champion a high-performance environment


Do you have what it takes to succeed in this role?

  • Post Secondary Education
  • 3 + years' previous experience in compliance, audit, governance, financial services, and/or procurement related field
  • Experience in Audit/regulatory compliance and resolution processes.
  • Ability to analyze data and draw meaningful insights.
  • Experience in governance and testing procedures.
  • Advanced experience using Microsoft Office products (Excel, PowerPoint, Word, Outlook).
  • Knowledgeable in project management methodology and techniques, performance evaluation, and change management principles
  • Strong problem solving and analytical skills
  • Excellent verbal and written communication skills; ability to effectively communicate with senior management
  • Proven ability to balance multiple priorities, adapt to constantly changing business environment, work independently, drive projects to completion, and meet deadlines in a fast paced environment
  • Knowledgeable in financial services and regulations (e.g., OSFI, OCC, CFPB, UDAAP, CDIC) and how they are applied to Third Party relationships is preferred


What's in it for you?

  • A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.


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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