Scotiabank

Senior Manager, Global 2nd Line TPRM

Scotiabank$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in Business, Economics, Finance, or related discipline; MBA is a plus.
  • Significant senior management experience in a large financial institution.
  • Direct experience in third-party risk management or vendor management is essential.
  • Preferably experienced in overseeing complex third-party portfolios with thematic analysis and reporting.
  • Strong understanding of regulatory expectations in financial services related to third-party risk management.
  • Detail-oriented with robust analytical skills and sound judgment.
  • Proficiency in Spanish is an asset.

Responsibilities

  • Champion customer-focused culture to enhance stakeholder relationships.
  • Conduct quality reviews and effective challenge activities for third-party arrangements.
  • Coordinate with second-line teams globally for consistent risk assessment execution.
  • Provide oversight of third-party portfolio health and report to senior management.
  • Analyze and identify portfolio trends and emerging risks in collaboration with stakeholders.
  • Facilitate meetings with key stakeholders to support program efficiency and transparency.
  • Enhance TPRM effective challenge procedures and contribute to modernization initiatives.

Benefits

  • Inclusive and collaborative work environment that fosters creativity and curiosity.
  • Competitive rewards package including performance bonuses and employee share ownership.
  • Access to career development and advancement opportunities from day one.
  • Health benefits available immediately.
Full Job Description
Requisition ID: 267288

The Senior Manager, Global 2nd Line Third-Party Risk Management (TPRM) Risk Advisor contributes to the overall success of the Global TPRM Program by providing second line effective challenge, portfolio oversight and consolidated reporting for assigned portfolio. The role is accountable for maintaining a holistic view of the portfolio across business line, suppliers and geographies; identifying cross-country and cross-vendor themes; escalating material issues; and coordinating with partners to support consistent oversight, review and challenge activities. The incumbent also supports stakeholder engagement, drives awareness of TPRM requirements, and ensures activities are executed in compliance with governing regulations, internal policies
and procedures.

Is this role right for you? In this role, you will:
• Champions a customer-focused culture to deepen stakeholder relationships and leverage broader Bank relationships, systems and knowledge.
• Performs quality reviews, effective challenge activities, risk views and oversight of risk-based assessments for new and existing third-party arrangements, including review of due diligence, residual risk and exit strategyconsiderations, as applicable.
• Coordinates with local and regional second line teams globally to support consistent execution of effective challenge and to identify, assess and escalate cross-country themes and systemic issues.
• Provides portfolio-level oversight across the assigned third-party portfolio, including oversight by business line, supplier and geography. Maintains a consolidated view of portfolio health, key risk indicators, overdue activities and material issues to support reporting and escalation to senior management.
• Builds and maintains an understanding of priority supplier services, including business line exposure, geographic footprint, relationship volume and concentration indicators, to support supplier-focused oversight.
• Identifies portfolio trends, repeat issues and emerging risks, and partners with stakeholders to drive remediation, improved consistency in effective challenge, and continuous improvement.
• Facilitates regular meetings with key stakeholder groups and execution partners to support efficient program operation and portfolio transparency. Addresses TPRM program-related queries.
• Maintains and enhances TPRM effective challenge procedures, trainings, job aids and governance practices.
• Leads and supports TPRM modernization initiatives and continuous improvement activities.
• Continuous improvement mindset; seeks to learn and understand. Identifies challenges and pain points and raise them for resolution with urgency and follow through.
• Actively pursues effective and efficient operations 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 responsibilities under applicable Bank frameworks
and guidelines.
• Champions and contributes to a high-performance and 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:
• Undergraduate degree in Business, Economics, Finance or a related discipline; MBA or other graduate degree would be an asset.
• Significant relevant experience at a senior manager level, or equivalent depth and complexity of role, in a large financial institution.
• Direct experience in vendor management or third-party risk management is required; broader general risk management experience may be considered.
• Experience overseeing complex third-party portfolios, including portfolio oversight, thematic analysis, consolidated reporting and escalation management, is preferred. Experience with
technology services portfolios is an asset.
• Experience working across multiple jurisdictions and coordinating with complex stakeholder groups and functions. Organizational skills and tenacity in following up on open actions.
• Strong understanding of third-party risk management and vendor-related regulatory expectations in the financial services industry.
• Experience reviewing or working with third-party contracts is an asset.
• Attention to detail and critical thinking. Strong analytical skills, sound judgment and the ability to translate portfolio insights into clear recommendations are required.
• Tech-savvy with strong interest in data and Generative AI to improve efficiency.
• Excellent communication (written and verbal), strong interpersonal skills, learning agility and a high level of professional and personal integrity.
• Spanish language proficiency 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
5 Year Trend
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