Scotiabank

Senior Manager, GTB Business Risk - Toronto

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

Qualifications

  • University Degree/MBA/CFA or minimum 5 years in capital markets.
  • In-depth knowledge of internal controls.
  • Strong maturity and credibility with senior management.
  • Ability to work independently and manage time effectively.
  • Excellent presentation skills.
  • Proficiency in Excel; Spanish is a plus.

Responsibilities

  • Support RCSA by implementing scope reviews and monitoring action plans.
  • Partner with business units to assess risks for new initiatives through NIRA.
  • Ensure Key Risk Indicators are updated and documented with rational justifications.
  • Participate in Scenario Analysis for operational loss events documentation.
  • Guide contract owners on TPRM requirements and compliance oversight.
  • Deliver risk insights through reporting to senior governance forums.
  • Support eRCM by mapping regulations to business units and identifying controls.

Benefits

  • Flexible benefit programs tailored to diverse personal and family needs.
  • Support for holistic well-being encompassing financial, physical, and mental health.
Full Job Description
Requisition ID: 274599

Purpose

The Senior Manager Business Risk ls is a key member and contributor to the overall success of the Global Transaction Payments (GTB) Non-Financial Risk Programs. The incumbent supports the Director, GTB Business Risk in implementing operational risk framework tools and ensuring reliable management controls are in place.

What You'll Do
  • Provide support for the Risk & Control Self-Assessment program through implementation of the scope review of the significant business units & processes within GTB, assist in data gathering for RCSAs, and monitor & coordinate updates of outstanding action plans.
  • Partner with and provide 'sounding board' guidance to the business lines, technology groups and control and support units to ensure new initiative sponsors assess risks appropriately through the NIRA process, and preparation of initiatives for NIRA Committee.
  • Ensure Key Risk Indicators for GTB and significant units are updated, documented and applicable thresholds justified through rationales for top applicable operational risks.
  • Participate in Scenario Analysis through documentation and research of relevant internal and external operational loss events.
  • Provide guidance to contract owners on TPRM requirements including completing Inherent Risk Questionnaire and applicable due diligence.
    Strengthen compliance oversight by supporting AML/KYC processes, managing compliance exceptions, and driving the implementation of related risk and regulatory programs
  • Deliver impactful risk insights by leading risk reporting and analytics for Core Risk Committees and other senior governance forums
  • Provide support for Enterprise Regulatory Compliance Management (eRCM) program by reviewing regulatory obligations identified by Regulatory Compliance, mapping relevant regulations to the appropriate 1A business units, and working with those units to identify relevant controls to address regulatory obligations.
  • Review Assessable Units and Assessable Categories (AUACs) as required by Global Compliance to ensure applicability. Assist units in completing CRCA questionnaires. Identify Major Change Events that would impact the responses to those events, and provide effective challenge to CRCA responses
  • Prepare material for GTB Core Risk Committee (CRC) and provide updates to GTB leadership outlining current status on key areas such as Independent Reviews (Audit, Compliance, etc), RCSA, NIRA, KRI Compliance, Operating Risk & Fraud events.
  • Provide input/support in the development and communication of processes to support policy implementation.
  • Assist in preparing for regulatory and audit requests including collating information and providing responses.
  • Support with GTB Operational Resiliency initiatives.
  • Identify and address opportunities for improving controls and efficiencies of processes;
  • Assist Management with ad-hoc requests and special projects.

What You'll Bring:
  • University Degree/MBA/CFA or a minimum of 5 years of experience, preferably in capital markets.
  • Expert/good working knowledge of internal controls.
  • Demonstrate significant maturity, credibility, and sound judgment in dealing with senior management across business lines, risk management and support groups.
  • Ability to work independently.
  • Strong presentation skills.
  • Proficient with excel.
  • Spanish is an asset.


Working Conditions:
  • Work in a standard office-based environment.


Interested?
If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

What's in it for you?
Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

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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