Director, Risk Management Technology

1 week ago


Toronto, Ontario, Canada Scotiabank Full time

About Scotiabank

Scotiabank is a leading financial institution that offers a wide range of banking and financial services to individuals, businesses, and institutions. We are committed to helping our customers achieve their financial goals and improve their lives.

About the Role

We are seeking a highly experienced and skilled professional to join our team as a Director, Risk Management Technology. This is a key leadership role that will be responsible for the strategic development, implementation, and management of technology solutions that safeguard our operations against fraud, money laundering, and digital risks.

Key Responsibilities

  • Oversee the Design, Development, and Deployment of Advanced Technology Solutions
    • Ensure the implementation of highly scalable, enterprise-level technology and tools to support fraud detection, AML, collections, digital risk management, and Open Banking.
    • Guarantee systems are aligned with our overall risk management strategy and regulatory requirements.
  • Collaborate with Business Units and Leaders
    • Work closely with relevant stakeholders, including Engineering, Digital Product and Experience, Fraud, Compliance, AML, Risk, Bank Operations, and Open Banking teams, to identify and address technology needs and dependencies.
    • Lead execution against strategic plans and roadmaps for loss prevention technologies, ensuring alignment with business objectives and regulatory requirements.
  • Promote Innovation and Efficiency
    • Encourage the development and adoption of innovative solutions for fraud detection, AML, collections, and digital risk management.
    • Foster a culture of continuous improvement, driving efficiency and effectiveness in loss prevention operations using advanced technologies.
  • Build and Maintain a High-Performance Environment
    • Develop an inclusive and high-performing engineering culture, attracting, retaining, and motivating top talent in the field of loss prevention technology.
    • Implement a people strategy that aligns with our values and business goals, ensuring effective succession planning and professional development for the team.
  • Ensure Regulatory Compliance and Alignment
    • Translate complex compliance and regulatory requirements into practical and cost-effective technology solutions.
    • Maintain up-to-date knowledge of relevant regulations and ensure all loss prevention technologies and processes comply with applicable laws and standards.

Requirements

  • 10+ years' experience in a leadership role managing large complex enterprise-level technology projects and programs with significant technology and operational components
  • Expert knowledge of software development and design principles for highly scalable, enterprise-level technology stacks
  • Expert knowledge in modern agile principles and in a range of modern technologies and frameworks including working knowledge of the full stack
  • Flexibility to adapt to new and evolving environments and a demonstrated willingness and aptitude for picking new things up quickly
  • Strong leadership and relationship building skills
  • Extensive experience with automation, deployment, and testing practices at scale
  • Proven ability to communicate complex technical concepts effectively to semi-technical audiences

What We Offer

  • 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 each individual 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.
  • Community Engagement - opportunities for community engagement and belonging with our various programs.


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