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Operational Risk Management Lead

1 week ago

Toronto, Ontario, Canada Scotiabank Full time

Job Overview

We are seeking an experienced professional to lead our operational risk management efforts in Canadian Banking and Global Wealth Management business lines. As a Director, you will be responsible for providing advisory and challenge in the business lines' operational risk management practices.

Main Responsibilities

  • Lead and drive a customer-focused culture throughout the team to deepen client relationships and leverage broader bank relationships.
  • Leverage strong business knowledge, act as a trusted advisor, and provide value-added advice and independent effective challenge to the business lines in their operational risk management.
  • Develop strong partnerships, stay abreast of business priorities, and act as the main point of contact to first-line internal control teams and corporate support functions.
  • Provide change leadership by proactively identifying opportunities and driving enhancements to the operational risk oversight practice.
  • Drive thematic analysis and root cause problem-solving on issues identified through operational risk events reviews, self-assessments, scenario analysis, and other reviews/testing.
  • Provide executive reporting on business line operational risk profiles and represent global operational risks to various risk committees.
  • Liaise with other non-financial risk specialist areas and second-line operational risk teams globally to ensure a holistic approach.

Required Skills and Qualifications

  • University degree required; master's degree in finance, economics, or business preferred.
  • Expert knowledge in the business, products, and processes.
  • 5+ years of experience in business management, internal controls, risk management, compliance, audit, or related areas.
  • Possess excellent interpersonal and relationship-building skills working with various partners and leadership.
  • Excellent communication (verbal and written), presentation, and facilitation skills.
  • Strong analytical and problem-solving skills.
  • Demonstrated success at managing a team.