Scotiabank

Senior Analyst IT Regulatory Management

Scotiabank • $80K — $110K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
4 days ago
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • BA or Post Graduate degree with 2+ years in Compliance, Legal, or Control Functions (e.g., Audit, Risk)
  • Strong knowledge of regulatory frameworks like OSFI, COBIT, NIST, ITIL
  • Experience in interpreting technology and security regulatory rules is a plus
  • Excellent relationship management and communication skills (English; Spanish is desirable)
  • Passionate about current trends in information technology and security regulations
  • Proactive attitude with resilience and a sense of urgency
  • Desired certifications include CISA or CISSP.

Responsibilities

  • Identify regulatory obligations and controls for assigned technology compliance risk domains
  • Collaborate with Business Lines and technology teams to document controls and regulatory obligations
  • Maintain an up-to-date regulatory library and mapping of control documentation
  • Assess inherent and residual risks, evaluating control strength
  • Create reporting and analytics to monitor compliance measures
  • Identify opportunities for improvement in risk management processes
  • Collaborate with other risk groups to enhance frameworks and policies.

Benefits

  • Diversity, Equity, Inclusion & Allyship initiatives
  • Accessibility and workplace accommodations
  • Upskilling through online courses and development opportunities
  • Competitive Rewards program including flexible vacation and day-one benefits
  • Community engagement programs and initiatives.
Full Job Description
Requisition ID: 264522

The Team:

The IT Risk Technology Regulatory Compliance Team plays an important role in the Bank's technology and security compliance risk management by implementing the IT&S Regulatory Compliance Management (RCM) Framework in accordance with the regulatory requirements of OSFI's Guideline E13 and in conjunction with the Bank's overall Regulatory Compliance Program. The Technology Regulatory Compliance Team works closely with Global Compliance, IT Risk Advisory teams and front line technology and security teams in IT&S to providing First Line of Defense for all technology compliance risk domains including IT Governance, IT Risk, Cyber Security, Information Security, Infrastructure, Network and IT Operations, and Software Development and Change Management to ensure overall technology regulatory compliance.

The role:

As a Senior Business Analyst, you will be proactively supporting the Director, Technology Regulatory Compliance and/or Senior Manager Regulatory Compliance to enable the RCM activities across all RCM Pillars, supporting with interaction model, as well as implementation roadmap & detailed plans to prioritize and execute multiple workstreams to achieve full technology regulatory compliance.

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

  • Identify regulatory obligations and controls according to the technology compliance risk domain(s)assigned to you. This will require working with technology and security Risk Owners across Technology and Digital Banking.
  • Collaborate and work closely with Business Lines (BLs)/Corporate Function (CFs) partners and technology teams to document controls and map to the technology obligations embedded in business specific regulations for enterprise-level controls.
  • Proactively maintain the regulatory library on an ongoing basis by updating the obligations as well as related control documentation and accurately mapping of the correct controls to the obligations
  • Regularly assess inherent risk, control strength and evaluate residual risk.
  • Create and maintain effective reporting and analytics on the compliance measures to monitor and drive compliance gap remediation
  • Proactively identify opportunities to improve effectiveness and enhancements of risk identification and management policies and processes.
  • Partner with other risk groups and contribute to the ongoing update and enhancement of controls, frameworks, policies, risk indicators and metrics.


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

  • BA or Post Graduate degree with a minimum of 2+ years of relevant combined experience in Compliance, Legal or other Control Functions (Audit, Risk, etc.), with the following skills and attributes:
  • You have strong knowledge of regulatory and industry frameworks, guidelines and standards governing the management of technology systems and information security (OSFI, COBIT, NIST, ITIL etc.)
  • Experience in interpreting Information technology and security regulatory rules is an asset.
  • Great relationship manager and collaborator with solid communication (verbal/written) skills in English. The same in Spanish is a strong asset.
  • Keen on keeping current with emerging trends, best practices, directions and issues in information technology and security and global regulatory developments.
  • Demonstrate can-do spirit and resilience with a good sense of urgency to deliver.
  • Relevant certifications or active pursuit for Certified Information Systems Auditor (CISA), Certified Information Systems Security Professional (CISSP) are desirable.


What's in it for you?

  • Diversity, Equity, Inclusion & Allyship-We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employee to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
  • Accessibility and Workplace Accommodations- We value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
  • Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
  • Competitive Rewards program including bonus, flexible vacation, personal, sick days and benefits will start on day one.
  • Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, cooking with friends, Humans of Digital and much more!


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

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Scotiabank

More Finance & Insurance Jobs

Find similar Senior Analyst IT Regulatory Management jobs:

NationwideToronto, ON