Senior Manager, Operational Risk Oversight, CSF and CB

Scotiabank; Toronto; On-site; CAD 120,000 - 160,000; Full time

Benefits offered by this job

Competitive compensation

Inclusive culture

Professional development

Job summary

Scotiabank is seeking a Senior Manager, Operational Risk Oversight, CSF and CB to lead the Non‑Financial Risk oversight for CSF and GTB partnerships. You will serve as the 2LOD senior advisor, coordinate risk intelligence and reporting, and ensure proactive risk management across the program.

The role requires extensive collaboration, strong communication skills, and experience in regulatory risk management and control frameworks.

Qualifications

• Undergraduate degree in Business, Finance, Risk Management, Economics, Engineering or Science preferred.
• Post‑graduate degree (MBA/MSc Risk Management) or professional designation (FRM/CRM/CPA/CFA) is an asset.

Responsibilities

• Serve as primary reporting, insights, and communication channel coordinator for CSF NFR activities.
• Coordinate collection, synthesis, quality assurance and distribution of risk intelligence to CSF NFR leadership.

Skills

Strong communication

Stakeholder management

Risk oversight

Presentation skills

Bilingual (English/Spanish)

Education

Undergraduate degree in Business, Finance, Risk Management, Economics, Engineering or Science

MBA/MSc Risk Management or professional designation (asset)

Tools

Risk reporting frameworks

Regulatory and governance processes

Job description

Please be advised that our Careers site will be unavailable from November 28 at 12am ET to November 29 12am ET for scheduled system maintenance.

Title: Senior Manager, Operational Risk Oversight, CSF and CB

Requisition ID: 270261

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

The Senior Manager, Operational Risk Oversight will contribute to the overall success of Global Risk Management Corporate & Support Function (CSF) Non-Financial Risk (NFR) Oversight, globally. They are responsible for providing advisory and healthy challenges in the CSF and Global Transaction Banking’s (GTB) operational risk management practices, including the effective execution of all Operational Risk Management Framework tools in complying with the relevant operational risk policies and standards as well as ensuring proactive management of the top and emerging risks as identified.

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

• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Design, build, and continually improve the Non-Financial Risk relationship management model for CSF and GTB partners.
• Serve as the primary reporting, insights, and communication channel coordinator for CSF NFR activities.
• Coordinate the collection, synthesis, quality assurance, and distribution of risk intelligence, ensuring that CSF and GTB CRO and leadership receive timely, accurate, and decision-ready NFR insights for each risk domain.
• Serve as the designated second-line-of-defence (2LOD) for CSF and GTB, providing independent oversight and effective challenge across the full Non-Financial Risk program.
• Perform the Operational Risk Management 1B (ORM 1B) function on behalf of Global Risk Management (GRM).
• Act as the embedded risk partner within GRM, executing first-line-adjacent responsibilities that ensure GRM’s own operational risk profile is proactively managed.
• Act as the Global central NFR contact and relationship manager for CSFs and GTB, ensuring comprehensive oversight and partnership across all nine relationships
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursue effective and efficient operations, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
• Champion a high-performance environment and contributes to an inclusive work environment.

Do you have the skills that will enable you succeed? We’d love to work with you if you have experience with:

• Undergraduate degree in Business, Finance, Risk Management, Economics, Engineering or Science disciplinepreferred
• Bilingual in English and Spanish is an asset.
• Post-graduate degree (MBA, MSc Risk Management) or professional designation (FRM, CRM, CPA, CFA) is an asset
• 5+ years experience in business management, internal control, risk management, compliance, audit or related areas
• Experience engaging with and providing risk oversight to one or more Control and Support Functions (Finance, HR, Technology, Legal, Compliance, Audit, Strategy & Operations, Risk Management) is an asset
• Familiarity with Global Transaction Banking products, processes, and associated riskprofileis an asset
• Experience designing andmaintainingstructured risk reporting frameworks and communication channels
• Strong communication (verbal and written), presentation and facilitation skills.
• Strong collaborator and skillful in stakeholder management

What’s in it for you?

• The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
• A rewarding career path with diverse opportunities for professional development.
• Internal development to support your growth and enhance your skills.
• A competitive compensation and benefits package.
• An organization committed to making a difference in our communities– for you and our customers.
• We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!

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.

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 .

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.

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