Scotiabank

Senior Manager, Regulatory Risk Management

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

Qualifications

  • 5-7 years of regulatory compliance management, regulatory risk, or audit experience in financial services
  • Bachelor's degree required, Master's preferred
  • Spanish language skills are a plus
  • Advanced Microsoft Office skills, particularly in Excel, PowerPoint, SharePoint, and Power BI
  • Expert level skills in creating macros and building advanced workflows in SharePoint are assets
  • Proven ability to work independently with strong judgment and decision-making abilities
  • Experience with change management and project management is advantageous

Responsibilities

  • Lead and cultivate a customer-focused culture within the team
  • Design and implement the GRM Regulatory Compliance Management Program
  • Enhance program maturity through collaboration with stakeholders
  • Coordinate compliance with GRM regulatory programs using a risk-based approach
  • Support GRM teams with RCM and regulatory program requirements
  • Monitor best practices in regulatory compliance at financial institutions globally
  • Collaborate with internal stakeholders across the three lines of defense

Benefits

  • Opportunity to join a forward-thinking and innovative team
  • Diverse opportunities for professional development
  • Internal development programs to enhance skills
  • Comprehensive compensation and benefits package
  • Commitment to community impact and customer service
  • Inclusive and collaborative work environment that fosters creativity and celebrates success
Full Job Description
Requisition ID: 268162

The Senior Manager, Regulatory Risk Management will be part of the Enterprise Risk Team in Global Risk Management reporting to the Director, Regulatory Risk Management. The Senior Manager will work with the Director to design, implement, and execute regulatory programs for the Global Risk Management function.

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

  • Lead and drive a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge
  • Lead the design, implementation, and monitoring of the GRM Regulatory Compliance Management ("RCM") Program, ensuring alignment with enterprise risk governance and regulatory expectations.
  • Advance program maturity across RCM pillars through strong stakeholder collaboration and effective oversight mechanisms
  • Contribute to the design and implementation of a risk-based approach to coordinate and oversee compliance with other GRM regulatory programs. This will include the review of systems, processes, procedures, reports, and transactions to assess whether governance, risk management and control processes are designed and operating as intended.
  • Provide GRM teams with support as it relates to the GRM RCM and other regulatory program requirements as appropriate
  • Monitor best practices at other financial institutions in Canada and globally
  • Collaborate with other internal stakeholders across the three lines of defence
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions
  • Drive stakeholder engagement, management and alignment
  • Provide ongoing communication and interface with stakeholders and ensures timely reporting of status and escalation of issues
  • Manage required changes to scope/deliverables, schedules, resources and budgets, and ensures changes follow proper Change Management Process


Do you have the skills that will enable you to succeed? We'd love to work with you if you have experience with:

  • A minimum of 5-7 years of relevant RCM, regulatory risk, audit and/or professional practice management experience in the financial services industry
  • Bachelor's degree required. Master's degree is an asset
  • Spanish language skills would be an asset
  • Advanced skills in Microsoft Office (Excel, PowerPoint, SharePoint, Power BI etc.) preferred.
  • Expert skills would be an asset (ability to build macros, build advanced tools and workflows in SharePoint, etc.)
  • Ability to work independently, demonstrate good judgement, confidence to make strategic decisions and balance multiple initiatives with minimal executive intervention
  • Demonstrated success in working in virtual teams and across jurisdictions and functional areas
  • Ability to gather, analyze, organize, document and present large volumes of information in a succinct and organized manner
  • Prior exposure to a control environment in risk management, compliance, or audit
  • Project Management experience and change management experience would be advantageous
  • Strong written and verbal communication skills
  • Sound knowledge of regulatory reporting expectations for the financial services industry
  • Experience working in a team environment and proven ability to provide guidance; promoting good communication, objective thinking and cooperation
  • Excellent interpersonal and relationship building skills and strong communication skills are essential to influence and collaborate effectively with others.


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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