Job Information
Scotiabank Manager, First Line Operational Risk & Resilience in New York City, New York
Manager, First Line Operational Risk & Resilience
Requisition ID: 206469
Salary Range: 85,700.00 - 159,100.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!
Purpose
As a valuable team member in the Internal Control group, employee will contribute to the success of the SBUS control framework by working with the Business Continuity Management (BCM) and Operational Resilience teams to strengthen the U.S. Operational Resilience program. SBUS Operational Resilience is a relatively new program, requiring a motivated self-starter with strong judgment and analytical skills to not only focus on the initial buildout, but also the continued administration of the operational resilience program. This role falls within the Internal Control Operational Risk Pillar and will subsequently require the ability to connect key processes and operational risk frameworks, including but not limited to, new initiatives, business process mapping, operational risk and control self-assessments (RCSA), etc., across all SBUS businesses and CSF. Experience in global markets and strong interest in process automation, including utilization of business intelligence/automation tools, is strongly preferred.
What You’ll Do
Work with US. businesses and CSF to facilitate timely Operational Resilience-related deliverables and ensure consistent program development across the enterprise.
Assist with the development and preparation of plans to prevent, adapt, respond to, recover, and learn from operational disruptions in collaboration with multiple stakeholders (plan owners/approvers, Third-Party Risk Management [TPRM], Operational Resilience Team, Risk etc.).
Review and enhance operational resilience findings and conclusions drawn by the Operational Resilience Team, businesses, and CSF.
Own individual portfolio of work and operate independently to aggregate, analyze, and report on operational risk to senior leaders. This includes preparation of operational resilience-related materials for exercises, committees, and working groups.
Evaluate enterprise-wide assessments in TPRM, BSA/AML, CRCA, Risk ID, Operational Resilience, to tie critical data points to establish a holistic view of SBUS operational risk.
Evolve the operational risk and resilience framework by driving consistency in data point gathering, including New Initiative Assessments, Operational Risk Events, Key Risk Indicators, RCSA, business continuity planning, etc., providing subsequent guidance for remediation if deficiencies identified.
Assist with execution of RCSAs in parallel with operational resilience initiatives. This includes the identification, measurement, monitoring, and management of critical IT systems, end-user computing (EUC), data risk and governance, BCM practices, and Technology-specific RCSAs.
Manage and perform Quality Assurance review of all operational risk frameworks for both businesses and CSF, especially as they relate to key IT system safeguards and manual workarounds.
Partner with local Front Office business line managers and CSF to address Operational risk issues.
Tracks operational events (gains, losses, near misses) and conducts analyses of root causes and determines corrective actions, in conjunction with the relevant Internal Control FLSS team or CSF.
Support annual internal and external reviews/examinations (e.g., Audit/Risk/Regulators/External Consultants) and help remediate any findings/issues on a timely basis.
Review, update, and maintain all related policies and procedures.
What You’ll Bring
Minimum of four years of relevant experience in financial services industry, preferably in risk management, compliance, operations, or audit
Bachelor’s degree in Finance, Business, or related field
Strong attention to detail and analytical skills
Strong time management and ability to meet strict deadlines
Working knowledge of business process maps and/or Visio preferred
Ability to work independently and with senior management
Use of and/or interest in business intelligence and/or automation tools (e.g., Power BI, Alteryx, VBA, etc.) preferred
Interested?
If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What's in it for you?
Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location(s): United States : New York : New York City
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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.