• Job Description

  Req#: 188029

  Requisition ID: 188029
  
  Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

  Contributes to the overall success of the Canadian Banking Internal Controls Unit ensuring specific individual goals, plans, and initiatives are delivered in support of the team’s business strategies and objectives while complying with governing regulations, internal policies, and procedures.

  The Senior Manager, Non-Financial Risk Advisor supports the Director, Non-Financial Risk to work closely with Canadian Banking Risk Owners / Business Controls (1A) teams and Control & Support Functions on several risk and compliance activities to fulfill the mandate of the Non-Financial Risk Program. In addition, the Senior Manager will support the implementation and sustainment of a strong risk culture and effective control environment for Canadian Banking.
  

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

  1. Non-Financial Risk Management: Support the execution of operational strategies and plans designed to improve the assigned Business Unit’s Non-Financial Risk Management program
  Related activities include:
  • Providing sound advice and support to Risk Owners with Operational Risk Management
  • Managing and executing the operational Risk & Control Self-Assessments (RCSA) and Compliance Risk & Control Assessments (CRCA) to assist Risk Owners to proactively identify, document, and assess issues, emerging risks, and key controls
  • Challenging the design and implementation of Canadian Banking initiatives/projects and collaborate on the design of effective controls
  • Supporting the management of regulatory control libraries and helping identify, document and/or updating regulatory controls on a proactive basis
  • Supporting the Risk Owners to define risk appetites, metrics and thresholds for ongoing monitoring including developing sub-business line Risk Appetite Statements
  • Supporting the Risk Owners on Issues Management (Operational Risk Events, Compliance Issues etc.) including root cause analysis, action planning, and issues tracking for risk mitigation
  • Acting as the first point of contact in regards to risk and compliance inquiries for Risk Owners, 2nd line partners and other 1B teams

  2. CB New Initiative Risk Assessment (NIRA) Program: Support the business units and initiative sponsors during the assessment of initiatives that meet the NIRA policy criterion
  Related activities include:
  • Acting as a subject matter expert by providing risk assessment advice to Business Lines on their initiatives
  • Assisting sponsors in creating appropriate action plans to ensure risk mitigation
  • Serving as a liaison between Control & Support Functions and the Initiative Sponsors, including securing timely sign off from the parties, when required
  • Ensuring all NIRAs are compliant with policy and addendum requirements
  • Preparing materials and supporting the monthly CB New Initiative Risk Review Committee
  • Maintaining daily pipeline reports of all in scope initiatives
  • Preparing and conducting training sessions to business units when required to increase awareness and understanding of the NIRA process

  3. Collaborate with peer risk advisors in supporting Risk Owners, this includes but not limited to the following: sharing best practices to address risk and compliance across business units, facilitating cross-business working sessions to develop holistic risk and compliance solutions, cross-training peers to provide backup support to Risk Owners, etc.

  4. Support ad hoc risk and compliance remediation and assessment activities within Canadian Banking including, but not limited to audit issues, compliance issues, industry reviews, and scenario analysis

  5. Continuously identify opportunities to improve the effectiveness of risk and compliance policies, processes, and activities

  6. Maintain awareness of regulatory requirements, emerging risks and industry best practices in risk and compliance management

  7. Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions

  8. Champion a customer focused culture to deepen customer relationships and leverage broader Bank relationships, systems, and knowledge

  9. Actively pursue 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 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
  

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

  • Bachelor’s degree in business or a related discipline. Master’s degree is considered an asset
  • A professional designation in Risk, Law, Compliance, Audit, or IT is considered an asset
  • 3-5 years industry experiences in Banking, Financial Services and/or Risk Advisory
  • Experience in Non-Financial Risk and controls is considered an asset, including but not limited to Operational Risk, Legal & Compliance Risk, and Information Technology Risk
  • Experience with identifying, documenting, and assessing risk and controls within the first line.
  • Knowledge of the roles and responsibilities of Retail Banking, Business Banking, Digital Banking, and support functions crossing all delivery channels
  • Strong understanding of OSFI E-13 and E-21
  • Relationship building competencies to build/maintain productive relationships with key stakeholders and business unit partners
  • Working knowledge of Microsoft PowerPoint, Excel, Word
  • Excellent problem solving, negotiating skills and well-developed influencing skills
  • Excellent verbal and written skills with the ability to effectively communicate with business partners at all levels of the Bank
  
  

  Location(s): Canada : Ontario : Toronto
  
  Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
  
  At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

• About the company

  The Bank of Nova Scotia, operating as Scotiabank, is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario.

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