Project Manager, High Value Payments, Regulatory

2 weeks ago

Toronto, Ontario, Canada Scotiabank Full time

Job Summary

Scotiabank is seeking a highly skilled Project Manager to lead the High Value Payments initiative, ensuring the successful execution of operational transformation workstreams. The ideal candidate will have experience in payments, capital markets regulatory initiatives, and project management.

Key Responsibilities

  • Accountable for overall project management of Payments initiative - BESS replacement, including operational transformation workstreams.
  • Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  • Lead end-to-end delivery planning of assigned project(s) like ideation/interpretation of regulatory rules, business case approval, establish project governance, implementation plan, and transition to BAU including budgeting & resourcing.
  • Influence the decision-making process to ensure alignment to business priorities, strategic technology architecture, and resource allocation for assigned project(s).
  • Work collaboratively with product owners and operations leads to help define best practices and drive transformational change, coordinating stakeholders and change leads to implement new processes as part of operational readiness activities.
  • Provide decision support including steering committee content that position strategic solutions developed by the broader team to achieve desired outcomes that align with the overall business strategy.
  • Manage governance forums as required with primarily business stakeholders, technology partners, and other support functions.
  • Responsible for interactions with all key stakeholders from business, risk, operations & technology teams including stakeholders in different geographic locations.
  • Actively 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.
  • Champion a high-performance environment and contributes to an inclusive work environment.

Requirements

  • Bachelor's Degree level or above education, ideally in a legal, financial, or political subject.
  • Must have experience in payments.
  • Must have experience in capital markets regulatory initiatives project management.
  • Familiarity working within change management programs.
  • Experience of managing senior stakeholders/running meetings/preparing presentations.
  • Knowledge of the global regulatory framework.
  • Experience of interacting with the regulators on regulatory matters (OSFI, IIROC, FCA, PRA, FRBNY).

Work Arrangement

The Project Manager works in a professional office environment. The workload is demanding and subject to frequent time pressure, with a steady flow of legislative/regulatory initiatives and examination reports, both internal and external, which carry specific deadlines. Workload is subject to continual prioritization due to incoming requests from regulators and internal departments.

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