Scotiabank

Senior Manager, Business Controls (IWM)

Scotiabank • $100K — $130K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5-7 years of experience in financial services, preferably in wealth management, capital markets, or banking.
  • Demonstrated expertise in business controls, operational risk, governance, and first-line risk management.
  • Deep understanding of operational, compliance, conduct, and non-financial risk frameworks.
  • Track record in designing and assessing business control frameworks.
  • Skilled in managing audit findings, regulatory issues, and governance activities.
  • Ability to conduct root cause analysis and propose practical risk-based solutions.
  • Strong analytical skills, with experience in risk reporting and executive presentations.

Responsibilities

  • Lead design and enhancement of the business control environment for International Wealth Management.
  • Develop and maintain a comprehensive inventory of controls across business units and jurisdictions.
  • Assess control effectiveness and drive remediation of identified gaps and weaknesses.
  • Embed controls within processes, strategic initiatives, and new business activities.
  • Drive automation of controls for improved efficiency and transparency.
  • Identify and assess various operational and compliance risks on an ongoing basis.
  • Provide risk insights and oversight for executive decision-making.

Benefits

  • Career development opportunities in a supportive environment.
  • Commitment to community impact and civic responsibility.
  • Competitive rewards package including flexible vacation and comprehensive benefits from day one.
  • Focus on diversity, equity, inclusion, and allyship within the organizational culture.
  • Accessibility and accommodations to create an inclusive work environment.
Full Job Description
Requisition ID: 265742

The Role

International Wealth Management (IWM) is strengthening its First Line of Defence (1A) Risk function to support safe, scalable growth across a complex, multi-jurisdictional business.

As Senior Manager, Business Controls, you will play a key role in designing, enhancing, and sustaining the business control environment across International Wealth Management. Working closely with senior leaders across the business, you will help strengthen controls, identify and mitigate risk, drive issue remediation, and support the development of a scalable risk and governance framework.

Reporting to the Head of Risk Supervision & Oversight, this role offers significant exposure to senior leadership and the opportunity to partner with Operations, Sales, Compliance, Business Risk Management, and Audit teams across multiple regions.

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

  • Lead the design, implementation, and ongoing enhancement of the International Wealth Management business control environment.
  • Develop and maintain a comprehensive inventory of business controls across multiple business units and jurisdictions.
  • Assess control effectiveness, identify control gaps, perform root cause analysis, and drive remediation activities.
  • Partner with business and functional teams to embed controls into existing processes, strategic initiatives, and new business activities.
  • Drive automation and optimization of controls to improve efficiency, consistency, and transparency.
  • Lead the identification and assessment of operational, compliance, conduct, and other non-financial risks.
  • Develop and monitor key risk indicators (KRIs), risk dashboards, heat maps, and early warning indicators.
  • Conduct thematic reviews and risk assessments to identify trends, emerging risks, and opportunities for control enhancements.
  • Provide meaningful risk insights and recommendations to support executive decision-making.
  • Oversee the end-to-end lifecycle of audit findings, regulatory issues, management concerns, and remediation activities.
  • Support governance committees and leadership forums through reporting, analysis, and effective challenge.
  • Drive accountability across the business for managing risks, strengthening controls, and resolving issues in a timely manner.
  • Partner with stakeholders across Operations, Sales, Compliance, Business Risk Management, and Audit to support risk management initiatives.
  • Promote a strong risk culture focused on accountability, transparency, and proactive risk management.
  • Support the development and evolution of a scalable, sustainable, and effective First Line of Defence risk capability.


Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
  • Prior experience in financial services, ideally within wealth management, capital markets, or banking.
  • Experience in business controls, operational risk, governance, risk oversight, or first-line risk management.
  • Strong knowledge of operational, compliance, conduct, and non-financial risk management frameworks.
  • Experience designing, implementing, and assessing business controls and control frameworks.
  • Experience managing audit findings, regulatory issues, control remediation, and governance activities.
  • Proven ability to perform root cause analysis and develop practical, risk-based solutions.
  • Experience working across multiple business units, regions, and stakeholder groups within a complex organization.
  • Strong analytical and problem-solving skills with the ability to translate complex issues into actionable recommendations.
  • Experience developing risk reporting, KRIs, dashboards, and executive-level presentations.
  • Excellent relationship management and stakeholder engagement skills.
  • Strong written and verbal communication skills with the ability to influence senior leaders.
  • Ability to operate effectively in a fast-paced, evolving, and transformational environment.


What's in it for you?
  • A rewarding career path with diverse opportunities for professional development
  • An organization committed to making a difference in our communities - for you and our customers.
  • A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
  • 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 employees 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 every 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.


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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