Senior Manager, GTB Business Risk

Senior Manager, GTB Business Risk

Global Transaction Banking

Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Small Business, Commercial and Corporate clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us.

As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB’s comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and simplify payments, improve working capital performance, and mitigate financial risk.

At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.

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

Purpose

The Senior Manager Business Risk ls is a key member and contributor to the overall success of the Global Transaction Payments (GTB) Non-Financial Risk Programs. The incumbent supports the Director, GTB Business Risk in implementing operational risk framework tools and ensuring reliable management controls are in place.

What You'll Do

• Provide support for the Risk & Control Self-Assessment program through implementation of the scope review of the significant business units & processes within GTB, assist in data gathering for RCSAs, and monitor & coordinate updates of outstanding action plans.

• Partner with and provide ‘sounding board’ guidance to the business lines, technology groups and control and support units to ensure new initiative sponsors assess risks appropriately through the NIRA process, and preparation of initiatives for NIRA Committee.

• Ensure Key Risk Indicators for GTB and significant units are updated, documented and applicable thresholds justified through rationales for top applicable operational risks.

• Participate in Scenario Analysis through documentation and research of relevant internal and external operational loss events.

• Provide guidance to contract owners on TPRM requirements including completing Inherent Risk Questionnaire and applicable due diligence.

• Strengthen compliance oversight by supporting AML/KYC processes, managing compliance exceptions, and driving the implementation of related risk and regulatory programs

• Deliver impactful risk insights by leading risk reporting and analytics for Core Risk Committees and other senior governance forums

• Provide support for Enterprise Regulatory Compliance Management (eRCM) program by reviewing regulatory obligations identified by Regulatory Compliance, mapping relevant regulations to the appropriate 1A business units, and working with those units to identify relevant controls to address regulatory obligations.

• Review Assessable Units and Assessable Categories (AUACs) as required by Global Compliance to ensure applicability. Assist units in completing CRCA questionnaires. Identify Major Change Events that would impact the responses to those events, and provide effective challenge to CRCA responses

• Prepare material for GTB Core Risk Committee (CRC) and provide updates to GTB leadership outlining current status on key areas such as Independent Reviews (Audit, Compliance, etc), RCSA, NIRA, KRI Compliance, Operating Risk & Fraud events.

• Provide input/support in the development and communication of processes to support policy implementation.

• Assist in preparing for regulatory and audit requests including collating information and providing responses.

• Support with GTB Operational Resiliency initiatives.

• Identify and address opportunities for improving controls and efficiencies of processes;

• Assist Management with ad-hoc requests and special projects.

What You'll Bring

• Minimum of 5+ years of experience, preferably in capital markets or

• University Degree - MBA/CFA preferred

• Expert/good working knowledge of internal controls.

• Demonstrate significant maturity, credibility, and sound judgment in dealing with senior management across business lines, risk management and support groups.

• Ability to work independently.

• Strong presentation skills.

• Proficient with excel.

• Spanish is an asset.

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.

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