Senior Manager, Data Risk

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

Job summary

Scotiabank seeks a Senior Manager – Data Risk Oversight to lead data risk activities within the Data and AI Risk team. The role involves implementing risk programs, providing expertise on controls, and enhancing risk documentation. This leadership position requires a deep understanding of data governance and the ability to foster partnerships across risk functions while promoting an inclusive work environment.

Benefits

Performance bonus

Employee Share Ownership Program

Pension Plan Matching

Health Benefits from day one

Career development opportunities

Qualifications

• 5+ years experience in data management and risk areas.
• Knowledge of data and technology management best practices.
• Strong communication and relationship skills.

Responsibilities

• Support the implementation of the Data Risk Program.
• Drive the development of communication strategies.
• Conduct assessment of data controls effectiveness.

Skills

Data management

Data governance

Risk management

Compliance

Analytical skills

Communication

Education

Undergraduate and/or graduate degree

Job description

Requisition ID: 227224

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

The Senior Manager – Data Risk Oversight will be part of the Data and AI Risk team in Global Risk Management reporting to the Director – Data Risk. The Senior Manager will be responsible for driving Data risk oversight activities, in Canada and globally ensuring specific individual goals, plans, initiatives are delivered in support of the team’s business strategies and objectives. The Senior Manager will work with the Director and the team to ensure that the Bank’s exposure to data risk is effectively identified, measured, monitored and remediated.

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

• Support the implementation of the Data Risk Program Plan and associated activities in the assigned North American and/or International Scotiabank business unit(s), and/or subsidiaries.
• Provide expertise and advice to the first line of defense on the design and best practices of effective Data risk controls, metrics, compliance, and risk mitigation.
• Identify opportunities and execute enhancement to the data risk oversight practice.
• Drive the development and delivery of communication strategies for new processes and procedures.
• Develop strong partnerships with other risk functions and business partners to provide professional advice and guidelines for data risk mitigation.
• Assess existing data architecture plans, frameworks and implementation while ensuring compliance with the Bank’s standards and organizational goals.
• Conduct assessment of the design and operating effectiveness of data controls developed and implemented by the first line of defense.
• Lead the implementation of data risk assessments and provide 2nd line challenge including assessment of identified data controls and their rating.
• Complete data risk controls evidence assessment, review findings and conduct analysis of the remediation plans in a timely manner.
• Maintain and enhance Data risk documentation (procedures, assessments, testing and reporting)
• Assist in execution of the periodical and ad-hoc reporting to the Board, CRO, Risk Committees, including collection of metrics and creation of dashboards and reports.
• Exercise sound judgment in identifying, reporting, and escalating risks or issues to senior management.
• Foster an inclusive and collaborative team environment and prioritize team’s goals.
• Champion a high-performance environment and contribute 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:

• Has an undergraduate and/or graduate degree.
• 5+ years experience in data management, data governance, internal control, risk management, compliance, technology compliance, audit or related areas
• Knowledge of data and technology management best practices and concepts (e.g., data quality, metadata, data lineage, data catalogue(s), etc.)
• Knowledge of data risks and data governance/management requirements and regulations.
• Experience in a testing or an audit role at a financial institution would be considered an asset.
• Very good analytical skills, conceptual thinking, systematic problem solving and able to deal with ambiguity.
• Strong communication and relationship skills with a proven track record of engaging and presenting to stakeholders.

What’s in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.

#scotiafinancejobs

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.