Vice President, Global Trade Finance Operations (225358)

Scotiabank Global Site; Toronto; On-site; CAD 130,000 - 180,000; Full time

Job summary

A leading bank is seeking a Vice President of Global Trade Finance Operations to drive the operational strategy across the Americas, Europe, and Asia. This pivotal role entails compliance oversight and fostering relationships across various partners to enhance the customer experience and operational efficiency.

Qualifications

• Experience in Global Trade Finance required.
• Knowledge of corporate credit and trade finance products needed.
• High awareness of lending regulations essential.

Responsibilities

• Lead Global Trade Finance Operations and ensure compliance with regulations.
• Design operational models and strategies for the finance team.
• Drive performance metrics and customer experience consistency.

Skills

Customer focus

Operational efficiency

Risk management

Strategic planning

Education

MBA

Certified Credit Professional or ACAMS designation

Job description

We are committed to investing in our employees and helping you continue your career at Scotiabank.

Purpose

The Vice President Global Trade Finance Operations (The VP) is responsible for setting up building and operating a successful Global Trade Finance Operations team with oversight of local markets across the Americas Europe and Asia. Designs develops implements and integrates leading operational models business architecture and technology solutions to enable the business to achieve targets and sustain performance.

The VP is responsible for ensuring strategies and solutions are executed / delivered in compliance with governing regulations of each country in which it operates internal policies and procedures and fostering a risk culture on the team focused on mitigating risks for clients and the Bank.

The VP also sets the overall vision for this operations team while partnering across the enterprise including key partners in GTB the business lines Technology Finance Compliance Risk Management and others across the organization to enable team to deliver on its vision.

Accountabilities

Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships systems and knowledge.

Provides overall leadership of the operational delivery in support of Global Trade Finance Operations across geographies :

• Actively partner with the business to define the scope and optimal operating model to achieve goals and establish a robust roadmap to deliver against business objectives; with focus on ability to scale with pace and standardize the Trade Finance operations function.
• Lead the concept design and overall strategy for the operations for the business leveraging key partnerships across the bank.
• Establish governance framework with standardized practices / playbooks across hubs / teams to minimize fragmentation duplication and manual work arounds.
• Supports strategic business case development benefits tracking / realization through feedback on client and operational metrics around support and service.
• Critical product owner influence the technology solutions selection enhancements and upkeep to meet evolving needs and demands of the portfolio and enable data driven decision making.
• Ensure the efficient delivery of operations : sets guidelines and develops measures and acts on key performance indicators and service level agreements.
• Guarantee the consistency and quality of the customer experience across all channels.
• Drive an enhanced stakeholder experience by minimizing risks to both parties and the Bank through active monitoring analysis and enhancements of operations tools instruments and procedures throughout the customer journey.
• Serve as thought leader and trusted business advisor to senior management and various stakeholders.

Develop strategies to evolve optimize and mature the operational model by creating and executing against a roadmap embedding resiliency and striving to increase efficiency through process improvements automation standardization and straight through processing.

Directs day-to-day activities in a manner consistent with the Banks risk culture and the relevant risk appetite statement and limits. Communicates the Banks risk culture and risk appetite statement throughout their teams.

Ensures that operational risks (including AML / ATF and Sanctions) are assessed and contained while executing deals / transactions within the products and regions under scope. Also ensures that senior management is aware of any potential breaches in risks promptly taking containment / remedial action as appropriate.

Directs day-to-day activities in a manner consistent with the Banks risk culture and the relevant risk appetite statement and limits. Communicates the Banks risk culture and risk appetite statement throughout their teams.

Creates an environment in which his / her team pursues effective and efficient operations of his / her respective areas 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.

Builds a high-performance environment and implements a people strategy that attracts retains develops and motivates their team by fostering an inclusive work environment; communicating vison / values / business strategy and managing succession and development planning for the team.

Education / Experience

• MBA Certified Credit Professional or designation such as ACAMS is an asset.
• Solid background and experience in Global Trade Finance.
• Knowledge of corporate credit and trade finance products.
• High awareness of lending regulations AML / ATF / Sanctions regulations ICC rules for Trade Finance.
• Knowledge of Spanish and / or French is an asset.

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.

Note : All postings in will remain live for a minimum of 5 days.

Required Experience :

Chief

Key Skills

Employment Type : Full Time

Experience : years

Vacancy : 1

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