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IT Risk Management Professional

2 months ago

Toronto, Ontario, Canada Scotiabank Full time
Job Description

Scotiabank is seeking a highly skilled IT Risk Management Professional to join our team.

Company Overview:

We are a leading financial institution committed to delivering exceptional results in an inclusive and high-performing culture.

Salary:$120,000 per year.

Job Summary:

This role contributes to the overall success of the IT Risk team by ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team's business strategies and objectives.

Key Responsibilities:

  1. Advise and support risk owners in day-to-day risk management activities and execution.
  2. Act as a primary interface and conduit between the risk owners and other risk groups to lead the facilitation and execution of risk management activities.
  3. Identify, assess, prioritize, and report on material IT risks for IT and aligned business areas.
  4. Assist risk owners in adhering to policies, frameworks, standards, and guidelines through active engagement, guidance, and counselling.
  5. Monitor and track issues raised by Internal Audit and Regulators, assist issue owners to ensure remediation is completed within pre-defined timelines and risk is addressed appropriately.
  6. Respond to requests for information technology assessments and questionnaires, providing information technology-related responses within required time.
  7. Ensure that IT Risk assessments and outputs are recorded in enterprise tools and in full compliance with all policies and common standards, including the IT Risk Management Policy and Framework.
  8. Partners with other risk groups to assess, implement, and communicate new/updated risk controls, frameworks, policies, risk indicators, metrics, and limits.
  9. Monitor IT risk KPIs and KRIs within established tolerance. Providing escalation to ensure timely remediation.
  10. Identify pervasive IT risk issues or issues that are common across the landscape.
  11. Perform various types of data analysis work and prepare monthly/quarterly reporting for senior management.
  12. Ensure implementation of a strong IT risk culture in partnership with the risk owners.

Requirements:

  • Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  • Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Creates an environment to pursue effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct, and the Global Sales Principles, while ensuring the adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions, and conduct risk.