Scotiabank

Senior Manager, Operational Risk and Resilience

Scotiabank$100K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree required.
  • 5+ years experience in a risk management role.
  • Familiarity with operational resilience regulatory requirements and best practices.
  • Knowledge of capital markets and wealth management products preferred.
  • Excellent organizational skills and ability to deliver complex initiatives under challenging timelines.
  • Strong communication and presentation skills essential for explaining regulations and internal policies.
  • Demonstrated ability to exercise sound judgment on materiality of risks.

Responsibilities

  • Support the design and implementation of the enterprise-wide Operational Resilience Program.
  • Contribute to the development and execution of the Bank's operational resilience strategy.
  • Conduct 2nd line oversight and challenge the execution of the Program.
  • Monitor and ensure remediation plans to address vulnerabilities are developed.
  • Provide advice and guidance to enhance the Bank's resilience awareness.
  • Work with other risk teams to embed operational resilience considerations across the Bank.
  • Liaise with external networks to stay updated on operational resilience practices.

Benefits

  • Join a forward-thinking company with a collaborative team.
  • Diverse opportunities for professional development.
  • Internal development programs to support skill enhancement.
  • Competitive compensation and benefits package.
  • Commitment to community impact for both employees and customers.
  • Inclusive working environment that encourages creativity and celebrates success.
Full Job Description
Scotiabank is enhancing its operational resilience capabilities within the Enterprise Operational Risk function and is looking for a Senior Manager who will report to the Director, Operational Risk & Resilience, to support the governance, oversight and effective challenge of the Enterprise Operational Resilience program. The Senior Manager is responsible for overseeing and effectively challenging the design and execution of the Operational Resilience Program, with a focus on the following areas: Global Banking & Markets, Global Wealth Management and Global Transaction Banking. Is this role right for you? In this role, you will: • Support the overall design and implementation of an enterprise-wide Operational Resilience Program. This includes leading or assisting with the following activities: • Contributing towards the development and execution of the Bank's operational resilience strategy. • Supporting maintenance of Operational Resilience program documentation (Framework and Standard). • Conducting 2nd line oversight and effective challenge on the execution of the Program, including the design of methodologies/ processes by the first line to support the implementation of the Operational Resilience Framework. • Monitoring and ensuring remediation plans are developed to address identified vulnerabilities. • Contributing to reporting on the Bank's resilience posture. • Providing advice and guidance to enhance the Bank's resilience awareness and capabilities. • Work with other risk teams and relevant stakeholders (e.g. Cyber & IT Risk, Data & AI Risk, Third Party Risk, etc.) to ensure operational resilience considerations are embedded across the Bank. • Liaise with external networks and industry groups to stay abreast of current operational resilience practices, including related developments in peer banks, and the latest regulatory expectations and guidance. • Drive or support ongoing and additional operational risk management projects as required. Do you have the skills that will enable you to succeed? We'd love to work with you if you have experience with: • Undergraduate degree required. • 5+ years' experience in a risk management role. • Familiarity with operational resilience regulatory requirements and best practices. • Knowledge of capital markets, corporate banking and investment products/ services, and/ or wealth management products/ services strongly preferred. • Good understanding of financial institutions, infrastructures and markets required. • Excellent organizational skills and ability to deliver complex initiatives under challenging timelines. • Ability to identify, manage and collaborate with multiple stakeholders across a global footprint. • Excellent written and verbal communication skills required to prepare communications and interact effectively with senior levels of management throughout the Bank. • Strong communication and presentation skills are essential to explain regulations and internal policy and procedure. • Demonstrated ability to exercise sound judgment as to the materiality of risks where identified. • Proven time management skills and adaptability to address shifting priorities and manage competing priorities. What's in it for you? • The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers. • A rewarding career path with diverse opportunities for professional development. • Internal development to support your growth and enhance your skills. • A competitive compensation and benefits package. • An organization committed to making a difference in our communities - for you and our customers. • We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success! 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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