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Title: Manager, Business Risk Management, Global Insurance

Requisition ID: 277498 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose:

Contributes to the effective execution of first-line non-financial risk programs for Global Insurance. The Manager executes assigned risk and control activities directly for Global Insurance head office, as applicable, and, where execution rests with local teams, coordinates with and supports those teams to promote timely and consistent delivery. The role supports the application of Bank policies, local regulatory requirements, and risk management practices, including the identification, documentation, escalation, and remediation of control gaps. Working closely with in-country insurance teams, International Banking and Global Wealth Management Business Risk, and enterprise control partners, the role reinforces a strong risk and control culture across insurance product manufacturing, distribution, and reinsurance activities.

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

- Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
- Supports a strong risk and control culture by partnering with Global Insurance and other control functions teams to apply Bank policies, local regulatory requirements, and risk management practices across multiple jurisdictions.
- Supports the execution and/or coordination with International Banking and/or in-country Risk Management teams, of core first-line non-financial risk programs, including privacy, Anti-Bribery and Anti-Corruption (ABAC), conduct and sales practices, AML, regulatory compliance,



operational risk, third-party risk, and other assigned responsibilities, as applicable.
- Supports coordination with International Banking Risk Management team of coverage for Global Insurance units of key risk program activities, including Compliance Risk and Control Assessments (CRCA), Risk and Control Self-Assessments (RCSA), Key Risk Indicators (KRIs), issues management, risk assessments, process analysis, and monitoring activities, ensuring results are documented and escalated as required.
- Supports the assessment and monitoring of insurance product manufacturing, distribution, and reinsurance processes by identifying control gaps, working with local teams to develop action plans and monitoring those until completing.
- Assists the business in understanding and implementing regulatory requirements with support from respective compliance teams.
- Coordinates with Internal Audit, Compliance Testing, and risk review teams by supporting fieldwork, tracking remediation plans, validating completion evidence, and escalating delays or deficiencies.
- Contributes to improvements in controls and risk frameworks by identifying issues, recommending enhancements, and supporting implementation activities that strengthen operational soundness.




- Monitors industry developments and emerging risks in insurance and financial services and provides relevant insights to business partners and leaders.
- Builds strong working relationships with International Banking Business Risk, in-country teams, and enterprise partners to support consistent execution of risk and control activities across Global Insurance.
- Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively pursues effective and productive operations in accordance with Scotiabank’s Values, Code of Conduct, and Global Sales Principles, while supporting effective day-to-day controls for operational, compliance, AML/ATF/sanctions, and conduct risk obligations.
- Contributes to a high-performance and inclusive work environment.

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

- University degree in business, risk management, or an equivalent combination of education and relevant qualified experience.
- Five or more years of progressive experience with process analysis, risk management, compliance, internal controls, or a related discipline.
- Demonstrated experience conduct process analysis, review of system processes and controls, supporting risk and control assessments, regulatory change, issues management, remediation validation, control testing, and ongoing monitoring activities.
- Experience working with Compliance, Internal Audit, Risk Management, and other control functions.
- Experience working across multiple jurisdictions or supporting international business operations is preferred.
- Strong analytical skills, including the ability to evaluate risk indicators and other data to identify tre

📌 Manager, Business Risk Management, Global Insurance (Toronto)
🏢 Scotiabank
📍 Toronto