Scotiabank

Senior Manager, Operational Risk Oversight, CSF

Scotiabank • $110K — $130K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Undergraduate degree in Business, Finance, Risk Management, Economics, Engineering or Science discipline preferred
  • Bilingual in English and Spanish is an asset
  • Post-graduate degree (MBA, MSc Risk Management) or professional designation (FRM, CRM, CPA, CFA) is an asset
  • 5+ years' experience in business management, internal control, risk management, compliance, audit or related areas
  • Experience engaging with and providing risk oversight to Control and Support Functions is an asset
  • Familiarity with Global Transaction Banking products and processes is an asset
  • Strong communication, presentation, and facilitation skills.

Responsibilities

  • Champion a customer-focused culture to deepen client relationships
  • Design and improve the Non-Financial Risk relationship management model for CSF and GTB partners
  • Serve as the primary reporting and communication channel coordinator for CSF NFR activities
  • Collect, synthesize, quality assure, and distribute risk intelligence for timely insights
  • Provide independent oversight and effective challenge as the second-line-of-defence for CSF and GTB
  • Perform the Operational Risk Management 1B function for Global Risk Management
  • Act as the Global central NFR contact and relationship manager for CSFs and GTB.

Benefits

  • Opportunity to join a forward-thinking company with a collaborative team
  • Diverse opportunities for professional development
  • Internal development to support growth and enhance skills
  • Competitive compensation and benefits package
  • Organization committed to community impact
  • Inclusive and collaborative working environment that encourages creativity.
Full Job Description
Requisition ID: 270261

The Senior Manager, Operational Risk Oversight will contribute to the overall success of Global Risk Management Corporate & Support Function (CSF) Non-Financial Risk (NFR) Oversight, globally. They are responsible for providing advisory and healthy challenges in the CSF and Global Transaction Banking's (GTB) operational risk management practices, including the effective execution of all Operational Risk Management Framework tools in complying with the relevant operational risk policies and standards as well as ensuring proactive management of the top and emerging risks as identified.

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

  • Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Design, build, and continually improve the Non-Financial Risk relationship management model for CSF and GTB partners.
  • Serve as the primary reporting, insights, and communication channel coordinator for CSF NFR activities.
  • Coordinate the collection, synthesis, quality assurance, and distribution of risk intelligence, ensuring that CSF and GTB CRO and leadership receive timely, accurate, and decision-ready NFR insights for each risk domain.
  • Serve as the designated second-line-of-defence (2LOD) for CSF and GTB, providing independent oversight and effective challenge across the full Non-Financial Risk program.
  • Perform the Operational Risk Management 1B (ORM 1B) function on behalf of Global Risk Management (GRM).
  • Act as the embedded risk partner within GRM, executing first-line-adjacent responsibilities that ensure GRM's own operational risk profile is proactively managed.
  • Act as the Global central NFR contact and relationship manager for CSFs and GTB, ensuring comprehensive oversight and partnership across all nine relationships
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursue 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 but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
  • Champion a high-performance environment and contributes to an inclusive work environment.


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 in Business, Finance, Risk Management, Economics, Engineering or Science discipline preferred
  • Bilingual in English and Spanish is an asset.
  • Post-graduate degree (MBA, MSc Risk Management) or professional designation (FRM, CRM, CPA, CFA) is an asset
  • 5+ years experience in business management, internal control, risk management, compliance, audit or related areas
  • Experience engaging with and providing risk oversight to one or more Control and Support Functions (Finance, HR, Technology, Legal, Compliance, Audit, Strategy & Operations, Risk Management) is an asset
  • Familiarity with Global Transaction Banking products, processes, and associated risk profile is an asset
  • Experience designing and maintaining structured risk reporting frameworks and communication channels
  • Strong communication (verbal and written), presentation and facilitation skills.
  • Strong collaborator and skillful in stakeholder management


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
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 Manager, Operational Risk Oversight, CSF jobs:

NationwideToronto, ON