Sr. Manager Third Party Resilience

Scotiabank; Toronto; On-site; CAD 100,000 - 120,000; Full time

Benefits offered by this job

Diversity, Equity, Inclusion & Allyship

Tuition assistance

Flexible vacation

Community engagement opportunities

Job summary

A leading financial institution in Toronto is seeking a Sr. Manager Third Party Resilience. This role involves developing and managing internal contingency planning programs, ensuring alignment with third-party risk management and regulatory guidelines. The ideal candidate is expected to have over 7 years of experience in risk management and strong knowledge of OSFI regulations. The role offers flexibility and competitive rewards from day one, alongside a commitment to diversity and inclusion.

Qualifications

• 7–10+ years of experience in risk management, operational resilience, or related fields in financial services.
• Expertise in TPRM frameworks and risk assessments.
• Strong understanding of OSFI regulatory guidelines.

Responsibilities

• Lead the development and management of internal contingency planning.
• Design and rollout contingency plans aligned with TPRM practices.
• Oversee program monitoring, compliance, and training.

Skills

Risk management

Operational resilience

Business continuity

Project management

Problem-solving

TPRM frameworks

Job description

Title: Sr. Manager Third Party Resilience

Requisition ID: 243845

Contributes to the overall success of the Business Continuity for Third Parties function within Enterprise Crisis and Business Continuity Management, by ensuring individual goals, plans, and initiatives are executed in support of the Bank’s strategic objectives. Ensures all activities conducted adhere to governing regulations, the Bank’s Risk Management (TPRM) Framework, and internal policies and procedures.

The Role

The Sr. Manager Third Party Resilience will lead the development, implementation, and ongoing management of an enterprise-wide internal contingency planning program. This role is responsible for building a cohesive methodology aligning to the Operational Resilience program, Third Party Risk Management (TPRM) lifecycle, and regulatory guidelines (e.g., OSFI), ensuring the Bank can effectively prepare for, respond to, and recover from disruptions involving external service providers.

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

• Champions a customer focused culture to deepen client relationships and leverage broader Bank capabilities.
• Lead the design, build, and rollout of an enterprise-wide internal contingency plan program, with explicit alignment to third‑party risk practices, including concentration risk, substitutability, and exit strategy requirements.
• Support development of governance, standards, and processes for contingency planning across business lines and corporate functions—embedding TPRM principles.
• Drive coordination and integration between contingency planning, business continuity, operational resilience, TPRM, Global Procurement Services, and Operational Risk activities to ensure a unified approach.
• Partner closely with Operational Risk to validate that contingency plans and exit strategies meet Bank and regulatory expectations.
• Oversee ongoing program monitoring, reporting, and compliance, including training and onboarding.
• Guide business units in developing, testing, and maintaining contingency plans—providing subject‑matter expertise and challenge.
• Lead program exercises and scenario testing focused on third‑party disruption events, ensuring lessons learned inform continuous improvement.
• Maintain strong knowledge of OSFI guidelines (e.g., B‑10) and global regulatory trends affecting third‑party oversight and resilience expectations.
• Ensure all Audit findings are managed within the agreed to timelines, providing necessary updates and documentation.
• 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 of their respective areas, while ensuring the adequacy, adherence to and effectiveness of day‑to‑day business controls to meet obligations with respect to third‑party risk management, 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 and the Guidelines for Business Conduct.
• 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:

• 7–10+ years of experience in risk management, operational resilience, business continuity, or related fields within the financial services industry.
• Demonstrated expertise in TPRM frameworks, inherent/residual risk assessments, ongoing monitoring, and third‑party control evaluations.
• Strong understanding of OSFI regulatory guidelines and Canadian financial sector expectations.
• Proven ability to design and implement enterprise programs with cross‑functional impact.
• Strong background and experience in project management, program and change management practices, especially in efficiency.
• Flexible and creative thinker with the ability to define business trade‑offs, generate out‑of‑the‑box solutions and manage uncertainty; proactively identify and solve complex problems impacting management and business direction.
• Ability to prioritize against many competing interests in an environment of constant change.
• Experience participating in internal and regulatory audits related to third‑party oversight, contingency planning, or operational resilience.
• Spanish language skills not required but an asset.

What's in it for you?

• Diversity, Equity, Inclusion & Allyship – We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias‑free practices and inclusive values across Scotiabank.
• Accessibility and Workplace Accommodations – We value the unique skills and experiences everyone brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone.
• Upskilling through online courses, cross‑functional development opportunities, and tuition assistance.
• Competitive Rewards program including bonus, flexible vacation, personal, sick days and benefits will start on day one.
• Community Engagement – no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, cooking with friends, Humans of Digital and much more!

Location(s): Canada : Ontario : Toronto