Manager, Internal Control Operational Risk

2 months ago

Toronto, Canada Scotiabank Full time

Requisition ID: 210188

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

Scotiabank is Canada's most international bank, with an international presence unmatched by other Canadian Banks. Our operations include providing a full range of financial products, solutions and advice to retail, small business and commercial customers in Latin America, the Caribbean, Central America, and the Asia Pacific. In addition, our partnerships with associated corporations in China, Curacao, Thailand, and Venezuela provide an entire suite of personal, commercial, wealth management and insurance services to over 24 million customers globally.

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

**_
Purpose_**

The Manager contributes to the overall success of IB Internal Control ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures.

The Manager supports the Senior Manager, Accounting Control to provide guidance to Country Internal Control teams during the process of the assessment, approval, and reporting loss events to ensure timely, accurate and complete reporting. The incumbent supports and coordinates interdisciplinary working teams to identify divisional systemic issues related to operational risk losses and defines with stakeholder’s action plans to reduce or mitigate risks.

**_
What You’ll Do:_**- Provide support to Country Internal Control teams and assist as a facilitator between the 1Bs and GOR 2nd line in the escalation of any OREs issues to ensure alignment with ORE Standards.
- Support monthly and quarterly activities to facilitate that significant IB Operational Losses are timely reported in the Global Operational Risk quarterly briefing binder, IB briefing notes and monthly IB Core Risk Committee materials by assisting in validating and aligning operational losses between local internal control teams, 2nd line of defense and Fraud Toronto team.
- Support the development of automated operational losses reporting and dashboards.
- Support monthly consolidated reports by country, segment, and for the whole consolidated division compared with assigned Operational Risk Appetite and operational losses trends and escalate any early warnings and/ or breaches.
- Ensure Annual Risk Appetite exercise is executed as per GOR 2nd line methodology. Provide advice to local internal control teams, provide support and meet deadlines.
- Support activities to validate that significant operational losses are reported in their corresponding month where the accounting entry was booked as well that any significant increase on the accounting records is supported by an operational loss event in the Bank’s Official Repository Book of Losses (ORMS).
- Assist during Quarterly RDARR Measurement & Monitoring Reports and provide support as a bridge between local internal control teams and GOR 2nd line.
- Provide support to GOR 2nd line in Quarter end activities related to Operational Risk Events.
- Provide support to other risk programs and initiatives as required, to enable oversight and monitoring of key metrics, initiatives, issues management and reporting.
- Promote a risk-aware culture; ensure efficient and effective risk and compliance management practices by adhering to required standards and processes.
- Remain current on all operational policies and procedures through reviews of the Bank’s manuals / policies, as well as country specific processes that are directly related to the programs in-scope.

**_
What You'll Bring:_**
- 3+ years of experience in finance and/or accounting.
- University degree or equivalent experience.
- The incumbent must have excellent interpersonal, communication and influencing skills in order to build consensus and collaboration with stakeholders.
- Excellent organizational and time management skills, including ability to work well under pressure and constantly adjust priorities for self and the team.
- Strong knowledge of MS Office (Word, Excel, and PowerPoint).

**_
Work Arrangement:_**

LI-Hybrid

**_
Interested?_**

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

**_
What's in it for you?_**

Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our custom

  • Finance Risk Management and Internal Controls Lead

    4 weeks ago

    Toronto, Ontario, Canada Vaco Full time

    About the CompanyVaco's client is a leading Canadian financial institution with a strong reputation for progressive and inclusive culture, offering competitive compensation packages and opportunities to work from home.The OpportunityThis role focuses on promoting risk awareness in Finance and Treasury Business Units, managing and reporting on operational...

  • Independent Risk Control Consultant

    4 months ago

    Toronto, Canada Davies Risk Services Full time

    Davies is looking for** Risk Control Consultant **to work on an independent contractor basis. **Insurance-based inspection work is the underlying foundation** however, most projects are consultative in nature leading to a better understanding of risk, and a focus on reduction of exposures leading to fewer accidents, injuries, losses and claims. Davies North...

  • Operational Control Manager, Risk and Compliance

    7 months ago

    Toronto, Canada CIBC Mellon Full time

    **Company Information**: CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee...

  • Manager - Operational Risk & Control (Gwo)

    7 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 200012 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose**: The Manager, Operational Risk & Control - Global Wholesale Operations (“GWO”) is responsible for supporting GWO’s operational risk and control function ensuring all activities conducted and reported in compliance...

  • Manager, Internal Control- International Banking

    2 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 209727 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **International Banking** Scotiabank is Canada's most international bank, with an international presence unmatched by other Canadian Banks. Our operations include providing a full range of financial products, solutions and advice...

  • Operational Risk

    7 days ago

    Toronto, Canada Aviva Full time

    Individually we are people, but together we are Aviva. Individually these are just words, but together they are our Values - Care, Commitment, Community, and Confidence. Purpose: Manage a Governance, Risk and Control function responsible for providing operational oversight of the risks the department faces, developing and managing an effective and embedded...

  • Manager, International Banking, Internal Control

    7 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 194014 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Manager, IB Internal Control - Toronto, ON** **Purpose** Contributes to the overall success of the Internal Control Unit International Banking in ensuring specific individual goals, plans, initiatives are executed / delivered in...

  • Manager, Internal Controls

    4 months ago

    Toronto, Canada Porter Airlines Inc. Full time

    Job Summary: We are seeking a dynamic and experienced Manager, Internal Controls - Finance to join our team. Reporting to the Director, Finance Transformation, this role plays a pivotal part in overseeing and enhancing internal controls across various critical functions within the organization. The Manager, Internal Controls - Finance will lead assessments,...

  • Risk and Control Analyst

    6 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 196331 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. As a Risk and Control Analyst, you will contribute to the overall success of the Global Wealth Management (GWM) business ensuring specific individual goals, plans and initiatives are executed/delivered in support of the team’s...

  • Manager, Risk

    6 days ago

    Toronto, Canada Brookfield Asset Management Full time

    locations- Toronto, Ontario- time type- Full time- posted on- Posted Today- job requisition id- R2029190- Location Brookfield Place - 181 Bay Street - Business - Private Equity - The Brookfield Private Equity Group has a 20-year track record of consistently generating strong investment performance. Leveraging its deep experience as a long-term owner and...

  • Risk & Control Manager

    5 days ago

    Toronto, Canada MUFG Full time

    Risk & Control Manager **Job Summary**: The Quantitative Risk Control department (QRC) is responsible for the management of enterprise-wide business managed and Model risks associated with the Bank's development, deployment, and maintenance of quantitative processes. In order to manage these risks, we have developed and implemented a comprehensive framework...

  • Manager, Internal Audit

    7 months ago

    Toronto, Canada Healthcare of Ontario Pension Plan (HOOPP) Full time

    Why you’ll love working here: - high-performance, people-focused culture- our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves- learning and development initiatives, including workshops, Speaker Series events and access...

  • Manager Operational Risk Management

    6 months ago

    Toronto, Canada Canada Life Assurance Company Full time

    **Job Description**: This is an exciting time to join the Canada Operational Risk Management (ORM) team at Canada Life. The Canada ORM team is part of the broader 2nd line Risk and Compliance function. The group is looking to strengthen its independent risk oversight function to better support our business in appropriately managing risk. The ORM team is...

  • Senior Manager, Enterprise Risk

    4 months ago

    Old Toronto, Canada Mnp Llp Full time

    Senior Manager, Enterprise Risk - Internal Audit & Controls Job Category: Enterprise RiskRequisition Number: SENIO011312 Posted: September 17, 2024 Full-Time On-site Locations Showing 1 location Make an impact with our Enterprise Risk - Internal Audit & Controls team as a Senior Manager. This diverse team of professionals utilizes leading-edge industry...

  • Quality Control

    8 months ago

    Toronto, Canada Atlantis IT group Full time

    **Role**: Quality control - Risk Management **Location**: Toronto Fulltime Onsite **Skills and Responsibilities**: Internal Audit experience Vendor Management / Relationship Management experience Understanding of the Third-Party Risk Assessment process and all associated activities Understanding of Quality Control Testing Processes Knowledge/Understanding...

  • Risk Control Management Lead, Vp

    6 days ago

    Toronto, Canada WELLS FARGO BANK Full time

    **About this role**: Wells Fargo is seeking a VP, Risk Control Management Lead, internally known as Lead Control Management Officer, based in Toronto, to join the Corporate & Investment Banking (CIB) International Control organization for the Americas Region which is responsible for providing risk management leadership and expertise across the Americas...

  • Senior Manager, Enterprise Risk

    3 months ago

    Old Toronto, Canada ENGINEERINGUK Full time

    Senior Manager, Enterprise Risk - Internal Audit & ControlsInspirational, innovative and entrepreneurial - this is how we describe our empowered teams. Combine your passion with purpose and join a culture that is thriving in the face of change.Make an impact with our Enterprise Risk - Internal Audit & Controls team as a Senior Manager. This diverse team of...

  • Manager, Fcrm Risk and Controls

    3 weeks ago

    Toronto, Canada TD Bank Full time

    **Work Location**: Toronto, Ontario, Canada **Hours**: 37.5 **Line of Business**: Financial Crime Risk Management **Pay Details**: $91,200 - $136,800 CAD Reporting to the Senior Manager, FCRM Risk and Controls, the Manager, FCRM Risk and Controls oversees and leads a highly complex and diverse governance and control function, ensuring an integrated...

  • Internal Controls Analyst

    7 months ago

    Toronto, Canada Rogers Communications Full time

    Our Rogers Finance team is at the core of our organization, supporting all of our projects across every line of business. By providing financial support and guidance, our teams rely on our Finance partners to help make strategic, data-driven decisions that will have an impact on our growth and profitability for years to come. Our Finance team is growing and...

  • Manager, Audit

    7 months ago

    Toronto, Canada SNDL Inc. Full time

    Supporting the Company’s SOX program, including but not limited to: documentation of process narratives, flowcharts and risk & control matrices, testing and/or review of controls, facilitation of remedial changes to tighten and enhance controls. **About SNDL** SNDL is the largest private-sector liquor and cannabis retailer in Canada with retail banners...