Manager, Business Risk Management, Regulatory

Scotiabank; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

Scotiabank is seeking a Manager, Business Risk Management, Regulatory in Toronto to contribute to the assessment and execution of regulatory initiatives and control activities within Global Wealth Management. You will support first-line risk programs across Privacy, Conduct Risk and Compliance, coordinating with risk and control partners to strengthen governance.

The role emphasizes analytical, organizational and problem-solving skills, with a focus on developing knowledge of wealth management

Qualifications

• University degree and approximately 1–3 years of relevant experience in financial services, risk management, compliance, governance, audit or a related area.
• Interest in developing knowledge of Wealth Management businesses, including their products, services, operations, systems and practices.
• Interest in developing knowledge of the regulations, internal policies and procedures applicable to Wealth Management businesses.
• Strong analytical, organizational and problem-solving skills.

Responsibilities

• Supports the execution of first-line non-financial risk management programs across GWM, including Privacy, Anti-Bribery and Anti-Corruption, Conduct Risk and Regulatory Compliance.
• Supports enterprise compliance and risk management programs, including the Regulatory and Control Library, Compliance Risk Control Assessments and Issues Management.
• Assists with the collection, review and documentation of information required to support regulatory risk assessments, control activities, management reporting and governance processes.
• Supports the monitoring and tracking of regulatory issues, compliance findings, action plans and other risk management commitments, including coordinating status updates with GWM business units and relevant stakeholders.
• Assists with projects and initiatives by analyzing changes to internal control operating models, processes and structures and identifying opportunities to strengthen controls and improve business effectiveness.
• Conducts research and analysis relating to regulatory requirements, internal policies, industry developments and emerging risk management practices.
• Prepares clear and accurate documentation, reporting, presentations and briefing materials for review by senior members of the team.
• Develops and maintains effective working relationships with GWM business units and relevant risk and control partners.
• Maintains awareness of industry issues and practices, regulatory requirements and associated changes.

Skills

Analytical

Organizational

Problem-solving

Communication

Education

University degree

Tools

Microsoft Office

Word

Excel

PowerPoint

Job description

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Title: Manager, Business Risk Management, Regulatory

Requisition ID: 276415

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

Purpose:

Contributes to the overall success of Global Wealth Management Business Risk Management by supporting the assessment and execution of regulatory initiatives, business strategies and control activities in compliance with governing regulations and internal policies and procedures.

The position is intended for candidates with approximately 1–3 years of relevant experience who are interested in developing their knowledge of Wealth Management, regulatory and business risk management. The Manager will bring strong analytical, organizational and problem-solving skills while working with a centralized team supporting regulatory risk management activities across the GWM platform.

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

• Supports the execution of first-line non-financial risk management programs across GWM, including Privacy, Anti-Bribery and Anti-Corruption, Conduct Risk and Regulatory Compliance.
• Supports enterprise compliance and risk management programs, including the Regulatory and Control Library, Compliance Risk Control Assessments and Issues Management.
• Assists with the collection, review and documentation of information required to support regulatory risk assessments, control activities, management reporting and governance processes.
• Supports the monitoring and tracking of regulatory issues, compliance findings, action plans and other risk management commitments, including coordinating status updates with GWM business units and relevant stakeholders.
• Assists with projects and initiatives by analyzing changes to internal control operating models, processes and structures and identifying opportunities to strengthen controls and improve business effectiveness.
• Conducts research and analysis relating to regulatory requirements, internal policies, industry developments and emerging risk management practices.
• Prepares clear and accurate documentation, reporting, presentations and briefing materials for review by senior members of the team.
• Develops and maintains effective working relationships with GWM business units and relevant risk and control partners.
• Maintains awareness of industry issues and practices, regulatory requirements and associated changes.

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 and approximately 1–3 years of relevant experience in financial services, risk management, compliance, governance, audit or a related area.
• Interest in developing knowledge of Wealth Management businesses, including their products, services, operations, systems and practices.
• Interest in developing knowledge of the regulations, internal policies and procedures applicable to Wealth Management businesses.
• Strong analytical, organizational and problem-solving skills.
• Ability to manage multiple deliverables and work effectively in a high-performing, flexible team environment.
• Ability to establish effective working relationships with business and risk management stakeholders.
• Strong attention to detail and the ability to prepare clear, accurate and well-organized documentation.
• Excellent written and verbal communication skills.
• Proficiency with Microsoft Office applications, including Microsoft Word, Excel and PowerPoint.

Interested?

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is 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. 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.