Requisition ID: 105302Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose:
Contributes to the overall success of the Internal Control Unit-International Banking in globally ensuring specific individual goals, plans, initiatives are executed / delivered in support of the teams business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.
Accountabilities:
Providing subject matter expertise and collaboration to International Banking Business Lines and Regional/District/Country Heads in establishing appropriate internal controls which support business plan growth, increase productivity, mitigate risk and provide a consistent customer experience
Governance and execution of Risk & Controls Self-Assessments on Non-Financial Risks to assist the Risk Owners proactively identify risk issues, emerging risks and controls effectiveness
Support the Risk Owners to define risk appetites, metrics and thresholds for ongoing monitoring including developing sub-business line Risk Appetite Statements
Governance and execution of New Initiative Risk Assessments
Support the Risk Owners to define key risk indicators and thresholds for ongoing monitoring
Collaborating with both Business lines and District/Country resources, coordinating and providing oversight to Audit Findings and Internal Control Review remediation efforts as required; ensuring operational deficiencies are addressed and operational soundness is maintained. Proactive follow-up to ensure that commitments made are delivered on
Providing support to business units in case of internal control breakdowns; providing guidance on action plan and escalating to relevant executives
Supporting the Director in all aspects of major strategic internal control change initiatives, leveraging process and technology solutions that can be shared across IB and provide consistency with Bank models
Providing oversight, ongoing monitoring, support and independent review to ensure effective and efficient risk assessment and adequate controls are in place within the supported countries
Monitoring events in the financial services industry, identifying new and emerging issues, regulatory initiatives, etc. providing insight to Senior Leadership
Identifying key divisional internal control processes for re-engineering, aligning policies and procedures
Supporting the development and implementation of all internal control governance framework for organizational structures to reduce duplication of accountabilities, and addresses best practices in spans and layers
Leading the development and distribution of IB Core Risk Committee materials (e.g., Core Risks Committee Meeting materials, Key Performance Indicators (KPIs), Dashboard benchmarks and reporting etc.)
Sharing Internal Control review recommendations and Lessons Learned to ensure consistent application of key internal controls which contribute to sustained improvement of risk key performance indicators across International Banking
Monitoring and supporting the implementation and delivery of operational risk metrics and indicators to ensure adherence to the District/Country risk appetite, including reporting at the District/Country level
Enabling a stronger risk culture through ongoing coaching on risk and controls and training on the Operational Risk Framework and tools
Acting as a strategic partner to the senior leadership team in each business area, ensuring challenges and issues are addressed effectively
Education / Experience:
MBA or equivalent experience
+7 years of Business Line Risk management work experience
Superior written/verbal communication and interpersonal skills. The candidate should be fully bilingual (Spanish)
Previous experience in Global Risk Management / Compliance / Audit would be an asset
Candidates must be willing to travel internationally periodically
Demonstrated ability to strategically think, influence and communicate throughout all levels of the organization
Superior Project Management skills and excellent skills in relationship and general business management.
Superior problem-solving techniques
Proactive approach to activity completion, often with minimum supervision
Expert ability to balance competing/ conflicting goals of various stakeholders, requiring a mature, diplomatic approach and highly developed negotiation and influencing skills
Demonstrate flexibility and comfort in dealing with change/ambiguity. The individual must adapt to an environment of uncertainty and shifts in priority
Highly-developed cultural sensitivity in order to operate effectively across cultural and language differences is required as well
Ability to learn, and assimilate, learned information into recommendations and strategies quickly
knowledge of Internal control & Risk Management policies/processes/platforms/protocols
Understanding of Commercial / Corporate / Retail / Small Business / Wealth Management / Wholesale products and services,
Knowledge of supporting systems, routines and operating procedures, and external indicator reports
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.