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Director of Risk and Compliance

2 months ago


Toronto, Ontario, Canada Scotiabank Full time
Job Summary

We are seeking a highly experienced and skilled Director of Risk and Compliance to lead our Insurance Services team at Scotiabank. As a key member of our leadership team, you will be responsible for overseeing the operational, risk management, and compliance supervision functions for our Scotia Wealth Insurance Services division.

Key Responsibilities
  • Leadership and Management
    • Lead and manage a team of professionals to deliver high-quality results and achieve business objectives.
    • Develop and implement effective strategies to attract, develop, and retain top talent.
  • Risk Management and Compliance
    • Oversee the development and implementation of robust risk management and compliance processes to ensure alignment with regulatory requirements and industry best practices.
    • Collaborate with internal partners to identify and mitigate operational risks and ensure compliance with regulatory requirements.
  • Operational Oversight
    • Provide strategic guidance and oversight to ensure the effective delivery of operational processes and procedures.
    • Develop and implement process improvements to enhance efficiency and effectiveness.
  • Client Focus
    • Collaborate with cross-functional teams to deliver exceptional client experiences and drive business growth.
    • Develop and implement strategies to enhance client engagement and loyalty.
  • Business Development
    • Contribute to the development and implementation of business strategies to drive growth and revenue.
    • Collaborate with internal partners to identify and pursue new business opportunities.
Requirements
  • Education and Experience
    • Bachelor's degree in a related field (e.g., business, finance, risk management).
    • Minimum 10 years of experience in risk management, compliance, or a related field, with a proven track record of success.
  • Skills and Qualifications
    • Strong leadership and management skills, with the ability to motivate and develop high-performing teams.
    • Excellent communication, interpersonal, and problem-solving skills.
    • Ability to analyze complex data and information to inform business decisions.
    • Knowledge of regulatory requirements and industry best practices in risk management and compliance.
Working Conditions

This is a full-time position based in Toronto, Ontario, Canada. The successful candidate will be required to work in a standard office environment and may be required to work non-standard hours as needed.