Senior Manager, Cybersecurity & IT Risk (Global Risk Management)

Scotiabank; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading financial institution in Toronto is looking for experts in Cybersecurity and IT Risk Management to help identify, assess, and mitigate risks while ensuring compliance with regulations. The ideal candidate will have over 7 years of experience in cyber security within a financial setting, strong risk management skills, and a university degree in a relevant field. Join a collaborative environment where creativity and success are celebrated.

Benefits

Competitive rewards package

Professional development opportunities

Inclusive work environment

Qualifications

• Minimum 7 years’ experience in cyber security and technology departments.
• 5+ years of experience in technology risk management.
• Strong understanding of technology and cyber security frameworks.

Responsibilities

• Conduct cyber risk assessments and metrics evaluations.
• Manage security operations processes and technologies.
• Advise stakeholders on risk management.
• Support IT and Cyber Risk report development.

Skills

Cyber security regulatory frameworks

Risk mitigation strategies

Documentation skills

Stakeholder communication

Education

University degree in Computer Engineering or related field

Job description

Requisition ID: 234246

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

The incumbent will contribute to the overall success of Cyber & IT Risk Management, Global Risk Management (GRM) globally ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team’s business strategies and objectives. Ensures all activities are conducted in compliance with governing regulations, internal policies and procedures.

Collaborate with top-tier professionals across business‑aligned risk leads, first line of defense (1LOD), Regulatory Relations, Internal Audit, and the Enterprise Technology Risk Management team. Together, you will identify, assess, and mitigate Cyber Security risks while ensuring effective communication with senior management and stakeholders.

As part of the second line of defense, the Cybersecurity and IT Risk team provides independent oversight and challenge, and assists in developing methodologies, policies, processes, and tools to support the Cyber and IT Risk Management Framework.

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.
• Lead 2nd Line Challenge: Conduct comprehensive challenge to identify potential threats and vulnerabilities in the Bank’s processes, systems, and operations. Partner with 1st line of defense to develop risk mitigation strategies across key cyber and IT domains. Challenge IT and cybersecurity risks within scenario analysis and thematic reviews. Conduct cyber risk assessments, metrics, and controls within globally complex, dispersed, and diverse organizations.
• Control Evaluation: Evaluate the design of controls and communicate the impact of control weaknesses to first line teams and control implementers.
• Alignment Evaluation: Evaluate the extent to which the first line of defense is aligned with internal and external control standards, as well as regulatory and audit requirements.
• Stakeholder Advisory: Advise stakeholders on risk management, controls development, and adherence to mitigate risks.
• Risk Monitoring: Proactively monitor key risk indicators, analyze control metrics, and provide insights on risk management effectiveness to senior management, driving continuous improvement initiatives.
• Reporting: Support monthly and quarterly IT and Cyber Risk report development for various risk committees and senior management.
• Risk Monitoring: Monitor cybersecurity risks and the controls in place within the bank, as well as external cybersecurity reporting that may impact the bank.
• Security Operations: Manage, assess, or audit security operations processes and technologies, including SOC, SIEM, Fusion Center, and Incident Response.
• Understand how the Bank’s risk appetite and risk culture should be considered in day‑to‑day activities and decisions.
• Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day‑to‑day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Champions a high performance environment and contributes to an 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, preferably in Computer Engineering, Computer Science or related field
• Strong understanding of technology and cyber security regulatory frameworks and guidance (e.g., OSFI, NIST, FFIEC, GDPR, MITRE ATT&CK)
• A minimum of 7 years’ experience in cyber security and technology departments and/or risk management, preferably in a financial institution
• 5+ years of experience or equivalent expertise in technology risk management, information security, or a related field, with a focus on risk assessment and control evaluation
• Proficiency in cyber security risk management & controls, security governance, with a track record of implementing effective risk mitigation strategies
• Strong understanding of IT risk management frameworks in a global banking environment.
• Able to convey complex concepts and ideas on issues requiring interpretation and opinion.
• Influences without authority across technology, architecture and operations
• Build partnership with 1Line while maintaining independence
• Highly organized, self‑directed and documentation focused
• Maintains objectivity and professionalism under pressure.
• Interprets and communicated KRIs/KPIs effectively to senior stakeholders

What's in it for you?

• We have an inclusive and collaborative work environment that values curiosity & ownership, encourages pragmatic creativity (i.e. true innovation), and celebrates success!
• An inclusive working environment that encourages creativity, curiosity, and celebrates success!
• A rewarding career path with diverse opportunities for professional development
• Internal training to support your growth and enhance your skills
• A competitive rewards package that includes a base salary, a performance bonus, company matching programs on pension and profit sharing, paid vacation, personal & sick days, medical, vision and dental benefits that start from day one and much more!

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.