15 Sep
|
Scotiabank
|
Toronto
15 Sep
Scotiabank
Toronto
Associate Director, Business Risk Management - Toronto, ON Associate Director, Business Risk Management – Toronto, ON Global Banking and Markets Global Banking and Markets (GBM) conducts the Bank's wholesale banking and capital markets business with corporate, government and institutional investor clients. GBM is a full-service wholesale bank and investment dealer in Canada and Mexico and offers a range of products and services in the U.Latin America and in select markets in Europe and Asia-Pacific. More specifically, GBM provides clients with: corporate lending; transaction banking (including payments, trade finance and cash management); investment banking (including corporate finance and mergers & acquisitions); fixed income and equity underwriting, sales, trading and research; and collateral management.
Business Risk
Management (BRM) is the 1B team responsible for the effective execution of first-line supervision and oversight of the non-financial risks within GBM businesses in Canada. Operating within a hub-and-spoke model, BRM Canada ensures that globally designed controls are effectively implemented and sustained at the regional level, while supporting the continuous enhancement of risk management practices. The role works closely with Global BRM teams, Sales & Trading management, and control and support functions to ensure effective front-office supervision, compliance with regulatory expectations, and consistent execution of non-financial risk controls.
In this role you will contribute to strengthening control effectiveness, enhancing risk transparency, and enabling business growth within a robust risk management framework. Execute delegated first-line supervision and oversight responsibilitiesin accordance withregulatory expectations, internal policies, and established control frameworks; Support the execution of Written Supervisory Procedures (WSPs)
to evidence active and ongoing supervision within the business; Promote a strong supervision culture and adherence to conduct standards across the front office by providing advisory support and developing training and guidance, asappropriate; Maintain alignment with global control frameworks while ensuring regional applicability and compliance with local regulations and industry best practices; Maintain a strong understanding of local regulations and industry best practices applicable to assigned GBM businesses; Works with the business to conduct and document impact analysis and gap assessments, and create implementation plans forregulatorychanges; Partner closely with the business to understand its strategy and proactivelyidentifyemerging risks through strategic risk assessments and disciplined deep-dive analysis of key incidents; Manage and support the resolution of incidents, including operational risk events and vendor-related incidents; Support the business inidentifyingand investigating issues, escalating concerns, and implementing corrective actions to address underlying control gaps or weaknesses; Partner with business stakeholders and GBM control and support functions to ensure robust closure and sustainable remediation of issuesidentifiedacross all three lines of defense; Lead and support the execution of global programs designed to assess non-financial risks and evaluate control effectiveness within the business, including Compliance Risk and Control Assessments (CRCAs), Risk and Control Self-Assessments (RCSAs),
and Scenario Analysis; 3-5 years of related business risk managment experience ~ Understanding of complex and very different business lines in GBM ~ Experience in maintainingan in-depth knowledge of operational conditions throughout the applicable Business Lines and the state of regulatory matters, be able to resolve issues of non- compliance and to resolve issues promptly that are deemed to be reliable, or have broad impact ~ Solid technical experience in Power BI, Excel macros and Python (would be an asset) ~ Completed or in progress designations CFA / FRM ~ Be able to work in a fast-paced environment requiring the ability to manage multiple tasks This position is an onsite role, with the expectation that you will work a minimum of 4 days a week in the office. Please note that this is subject to change based on the needs of the business.
At Scotiabank,you'll be joining an organization that values inclusion, accountability, innovative thinking and collaboration, a culture where people feel safe to learn, grow, and contribute while delivering exceptional results for our clients.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. Scotiabank is a leading bank in the Americas. 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. Compliance, Underwriter, Corporate Finance, M&A;, Risk Management, Legal, Insurance, Finance, Management #
📌 Associate Director, Business Risk Management - Toronto, ON
🏢 Scotiabank
📍 Toronto