About this role
Requisition ID: 278180
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Scotiabank’s International Banking division is a diverse and dynamic network that provides financial advice and solutions to more than 12 million retail, corporate, and commercial clients. With a presence in over 15 countries—including Mexico, Chile, Peru, Colombia, Brazil, Uruguay, and key markets across Central America and the Caribbean—our footprint offers unparalleled connectivity within the North American corridor. These regions feature favorable demographics and present significant opportunities to expand banking penetration and deliver innovative solutions.
Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose
The Senior Manager, Business Risk Management is responsible for executing, embedding, and sustaining the International Banking (IB) Non-Financial Risk (NFR) programs across assigned portfolios, business lines, and/or countries. The role supports the Director, Business Risk Management by operationalizing the IB NFR framework and programs, monitoring the effectiveness of controls, driving remediation of issues, and escalating material risks and systemic themes.
What You'll Do:
- Providing subject matter expertise and collaboration with International Banking Business Lines, including International Wealth Management and local Business Risk Management teams, regarding Operational Risk Events (OREs) and alignment with current ORE Standards.
- Providing support to local Business Risk Management teams and acting as a facilitator between the First Line and Global Operational Risk second line in the escalation of ORE matters to support alignment with ORE Standards.
- Supporting monthly and quarterly activities to ensure significant International Banking operational losses are reported on time in the quarterly briefing binder, briefing notes, and monthly International Banking Core Risk Committee materials by validating and aligning operational losses and OREs with local Business Risk Management teams, Global Operational Risk second line, and the Toronto Fraud team.
- Supporting the development and enhancement of automated operational loss dashboards.
- Preparing a monthly consolidated report by country, International Wealth Management, and International Banking overall, comparing results with assigned Operational Risk Appetite and operational loss trends, and escalating early warnings and breaches.
- Ensuring that the annual Risk Appetite exercise is executed in accordance with the Global Operational Risk second-line methodology and established timelines, including cascading communications, supporting local Business Risk Management teams, and monitoring completion of deliverables.
- Validating that significant operational losses are reported in the period in which the related accounting entry was booked and that significant increases in accounting records are supported by an operational loss event in the Bank's official repository of operational losses, ORMS.
- Providing support for quarterly RDARR Measurement and Monitoring Reports and serving as a bridge between local Business Risk Management teams and Global Operational Risk second line.
- Providing support to Global Operational Risk second line for quarter-end activities related to Operational Risk Events.
- Driving or supporting ongoing and additional non-financial risk management projects and programs as required, including quarterly briefing notes and ORE dashboards.
- Championing a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
What You'll Bring:
- University degree or equivalent experience
- Candidate must be Fluent in English and Spanish (written and oral communications)
- Superior written/verbal communication and interpersonal skills
- 5+ years of Business Line Risk management work experience
- Prior experience in examinations/auditing roles, and an understanding of testing methodology and risk and controls analysis is an asset
Work Arrangement:
This position is currently an on-site role, with the expectation that you will work at least 4 days a week in the office. Please note that this is subject to change based on the needs of the business.
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): 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.