Scotiabank

Sr. Manager Third Party Resilience

Scotiabank • $100K — $130K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
Reposted Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 7-10+ years in risk management or related fields within financial services.
  • Expertise in TPRM frameworks and risk assessments.
  • Strong understanding of OSFI regulatory guidelines.
  • Proven capacity to design enterprise programs with cross-functional impact.
  • Experience in project management and change management practices.
  • Creative problem-solving abilities in complex situations.
  • Knowledge of internal and regulatory audits in third-party risk.

Responsibilities

  • Champion a customer-focused culture to enhance client relationships.
  • Lead the design and rollout of an enterprise-wide contingency plan program.
  • Develop governance, standards, and processes for contingency planning across the organization.
  • Drive coordination between contingency planning, business continuity, and TPRM activities.
  • Validate contingency plans with TPRM to meet regulatory expectations.
  • Oversee ongoing monitoring, reporting, and compliance of the program.
  • Guide business units in developing and testing contingency plans.

Benefits

  • Commitment to diversity, equity, inclusion, and allyship.
  • Accessibility and workplace accommodations for all employees.
  • Opportunities for upskilling and educational assistance.
  • Competitive rewards program with flexible vacation and immediate benefits.
  • Community engagement opportunities and activities.
Full Job Description
Requisition ID: 243845

The Team

Contributes to the overall success of the Business Continuity for Third Parties function within Enterprise Crisis and Business Continuity Management, by ensuring individual goals, plans, and initiatives are executed in support of the Bank's strategic objectives. Ensures all activities conducted adhere to governing regulations, the Bank's Risk Management (TPRM) Framework, and internal policies and procedures

The Role

The Sr. Manager Third Party Resilience will lead the development, implementation, and ongoing management of an enterprise-wide internal contingency planning program. This role is responsible for building a cohesive methodology aligning to the Operational Resilience program, Third Party Risk Management (TPRM) lifecycle, and regulatory guidelines (e.g., OSFI), ensuring the Bank can effectively prepare for, respond to, and recover from disruptions involving external service providers.

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

  • Champions a customer focused culture to deepen client relationships and leverage broader Bank capabilities.
  • Lead the design, build, and rollout of an enterprise-wide internal contingency plan program, with explicit alignment to third-party risk practices, including concentration risk, substitutability, and exit strategy requirements.
  • Support development of governance, standards, and processes for contingency planning across business lines and corporate functions - embedding TPRM principles.
  • Drive coordination and integration between contingency planning, business continuity, operational resilience, TPRM, Global Procurement Services, and Operational Risk activities to ensure a unified approach.
  • Partners closely with Operational Risk to validate that contingency plans and exit strategies meet Bank and regulatory expectations.
  • Oversee ongoing program monitoring, reporting, and compliance, including training and onboarding.
  • Guide business units in developing, testing, and maintaining contingency plans-providing subject-matter expertise and challenge.
  • Lead program exercises and scenario testing focused on third-party disruption events, ensuring lessons learned inform continuous improvement.
  • Maintain strong knowledge of OSFI guidelines (e.g., B-10) and global regulatory trends affecting third-party oversight and resilience expectations.
  • Ensure all Audit findings are managed within the agreed to timelines, providing necessary updates and documentation.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of their respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to third party risk management, 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 and the Guidelines for Business Conduct.
  • Champions a high-performance environment and contributes to an 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:

  • 7-10+ years of experience in risk management, operational resilience, business continuity, or related fields within the financial services industry.
  • Demonstrated expertise in TPRM frameworks, inherent/residual risk assessments, ongoing monitoring, and third-party control evaluations.
  • Strong understanding of OSFI regulatory guidelines and Canadian financial sector expectations.
  • Proven ability to design and implement enterprise programs with cross-functional impact.
  • Strong background and experience in project management, program and change management practices, especially in efficiency
  • Flexible and creative thinker with the ability to define business tradeoffs, generate out-of-the-box solutions and manage uncertainty; proactively identify and solve complex problems impacting management and business direction
  • Ability to prioritize against many competing interests in an environment of constant change
  • Experience participating in internal and regulatory audits related to third-party oversight, contingency planning, or operational resilience.
  • Spanish language skills not required but an asset.


What's in it for you?

  • Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employee to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
  • Accessibility and Workplace Accommodations - We value the unique skills and experiences everyone brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove, and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
  • Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
  • Competitive Rewards program including bonus, flexible vacation, personal, sick days and benefits will start on day one.
  • Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, cooking with friends, Humans of Digital and much more!

#LI-Hybrid

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

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