Senior Manager, Basel & GRM Regulatory Office

Scotiabank; Canada; On-site; CAD 100,000 - 130,000; Full time

Job summary

A leading financial institution is seeking Senior Managers for their Basel Program Office. This role involves overseeing compliance with Basel regulatory standards, managing reporting requirements, and providing expert guidance on risk management policies. The ideal candidate will have extensive experience in risk management and strong analytical skills, contributing to a collaborative and inclusive work environment.

Benefits

Performance bonus

Employee share ownership

Pension matching

Health benefits

Career development opportunities

Qualifications

• 5+ years experience in risk management, banking, or related policy teams.
• Strong knowledge of OSFI’s CAR Guidelines and risk management policies.

Responsibilities

• Coordinate compliance activities supporting CRO Attestation and OSFI AIRB model adherence.
• Oversee self-assessment and gap closure for capital model applications.
• Manage quarterly reporting requirements for OSFI model modifications.

Skills

Analytical

Communication

Relationship Management

Education

Graduate education in business or related field

MBA

CPA

FRM

Job description

Requisition ID: #

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

We are hiring 3 Senior Managers!

The Basel Program Office, within Global Risk Management, coordinates activities related to Basel regulatory compliance.

You will be a key member of the Basel and GRM Regulatory Office (BGRO), supporting compliance with OSFI’s Capital Adequacy Requirements (CAR) Guidelines and the Basel Capital Framework across the Group. Responsibilities include overseeing self-assessment activities, staying updated on regulatory standards, monitoring compliance progress, and coordinating Basel-related reporting.

Risk areas include credit risk, counterparty credit risk, market risk, and operational risk. You will support policy, process, and system requirements to meet CAR Guidelines, providing expert guidance to projects and business units.

**In this role, you will:**

• Coordinate compliance activities supporting the CRO Attestation and OSFI AIRB model adherence.
• Oversee self-assessment and gap closure for capital model applications, ensuring project execution aligns with plans and issues are escalated appropriately.
• Manage quarterly reporting requirements for OSFI model modifications.
• Maintain current knowledge of global Basel regulatory expectations and industry practices.
• Identify necessary policy, process, and system changes to meet CAR Guidelines.
• Report on BCBS and OSFI capital issues and project status to senior management.
• Collaborate with responsible teams to develop documentation supporting regulatory compliance.
• Coordinate with Model Development, Validation, and Internal Audit to ensure documentation sufficiency.
• Respond to ad hoc inquiries, providing expert guidance on policies and standards.

**Qualifications:**

• 5+ years experience in risk management, banking, or related policy teams.
• Strong knowledge of OSFI’s CAR Guidelines and risk management policies.
• Excellent analytical, communication, and relationship skills.
• Graduate education in business or related field; MBA, CPA, FRM are assets.

**What’s in it for you:**

• An inclusive, collaborative environment that fosters creativity and success.
• Competitive rewards: performance bonus, employee share ownership, pension matching, health benefits.
• Opportunities for career development and progression.

**Location:** Toronto, Ontario, Canada.

At Scotiabank, we value diversity and are committed to an inclusive environment. Accommodations are available during the recruitment process. Only candidates selected for interviews will be contacted.