Senior Manager, Model Risk Governance

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

Job summary

A leading financial institution in Toronto seeks a Senior Manager to support Model Risk Governance. The role involves strategic project management, ensuring compliance, and fostering a high-performance team culture. Ideal candidates will have extensive experience in project management and a strong background in finance or banking.

Qualifications

• 6-8 years of experience in project management or product development.
• Experience with SAS projects is an asset.

Responsibilities

• Supports Model Risk Governance ensuring compliance with regulations.
• Oversees strategic projects and manages change post-implementation.
• Creates user training materials and leads stakeholder engagement.

Skills

Project Management

Change Management

Collaboration

Critical Thinking

Problem Solving

Communication

Education

Bachelor’s degree in business, finance, economics

Tools

MS Office

SharePoint

Job description

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Requisition ID: 218669

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

The Role

Supports Model Risk Governance in Canada, ensuring business strategies, plans, and initiatives comply with regulations, policies, and procedures. The Senior Manager will provide strategic, analytical, and project management support for the SAS MRM tool, collaborating with the GRM project team to ensure regulatory compliance. Responsibilities include overseeing strategic projects, validating functionality, increasing efficiency, and managing change post-implementation. The role may also involve acting as a product owner, working with end users and stakeholders to optimize system performance.

Is this role right for you?

• Leads a customer-focused culture to deepen client relationships and leverage broader Bank connections.
• Manages configuration of business requirements and assesses risks in partnership with Model Risk Management and project teams.
• Articulates the product’s vision, objectives, and risks.
• Develops and owns the change management and vendor governance models for SAS MRM.
• Plans and executes periodic reviews to optimize the model risk governance tool.
• Establishes governance frameworks, including service level agreements and procedures for tool management.
• Creates user training materials and leads the socialization of the new tool across stakeholders.
• Performs health checks and contributes to solution discussions, considering impacts on other initiatives.
• Ensures activities align with the Bank’s risk appetite and culture.
• Fosters an environment of operational excellence, compliance, and risk management, adhering to values and conduct standards.
• Builds a high-performance team through inclusive leadership, coaching, and development planning.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if:

• Bachelor’s degree in business, finance, economics, or a related field.
• Excellent MS Office skills; knowledge of SharePoint, process automation, and documentation is a plus.
• 6-8 years of experience in project management, product development, change management, or vendor management, preferably in banking or finance.
• Experience with SAS projects is an asset; SAS programming knowledge is a plus.
• Experience in system support, change requests, governance, and controls.
• Agile environment experience is beneficial.
• Proficiency in English, with strong cross-cultural relationship skills.
• Flexible, collaborative, and capable of critical thinking and creative problem solving.

Working Conditions

• Standard office environment; non-standard hours may be required.
• Fast-paced, collaborative, and open environment.

Location: Ontario, Toronto, Canada

Scotiabank values diversity and inclusion. If accommodations are needed during recruitment, please inform our Recruitment team. Candidates must apply online. Only shortlisted candidates will be contacted.