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Manager, Cyber

2 weeks ago


Toronto, Canada Scotiabank Full time

Requisition ID: 213062

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Contributes to the overall success of Cyber & IT Risk Management, Global Risk Management (GRM) globally ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team’s business strategies and objectives. Ensures all activities are conducted in compliance with governing regulations, internal policies and procedures.

Acts as an expert within technical risk assurance and control oversight to ensure the bank achieves its objectives while effectively managing risk. Collaborate with cross-functional teams across the first line of defense to identify, assess, and mitigate emerging risks and vulnerabilities. This role is crucial in fostering a robust risk culture and driving continuous improvement, contributing to the development and implementation of comprehensive risk management policies, standards, and controls.

As part of the second line of defense, the Cybersecurity and IT Risk team provides independent oversight and challenge, and assists in developing methodologies, policies, processes, and tools to support the Cyber and IT Risk Management Framework.

**Is this role right for you? In this role, you will**:

- Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Execute 2nd Line Challenge: Conduct comprehensive challenge to identify potential threats and vulnerabilities in the Bank’s processes, systems, and operations. Partner with 1st line of defense to develop risk mitigation strategies across key cyber and IT domains. Challenge IT and cybersecurity risks within scenario analysis and thematic reviews. Conduct cyber risk assessments, metrics, and controls within globally complex, dispersed, and diverse organizations.
- Control Evaluation: Evaluate the design of controls and communicate the impact of control weaknesses to first line teams and control implementers.
- Alignment Evaluation: Evaluate the extent to which the first line of defense is aligned with internal and external control standards, as well as regulatory and audit requirements.
- Stakeholder Advisory: Advise stakeholders on risk management, controls development, and adherence to mitigate risks.
- Risk Monitoring: Monitor key risk indicators, analyze control metrics, and provide insights on risk management effectiveness to management, driving continuous improvement initiatives. Monitor cybersecurity risks and the controls in place within the bank, as well as external cybersecurity reporting that may impact the bank.
- Reporting: Support monthly and quarterly IT and Cyber Risk report development for various risk committees and senior management.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively pursues effective and efficient operations of their 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.
- Champions a high performance environment and contributes to an inclusive work environment.

**Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have experience with**:

- 7+ years of experience in IT Risk Management (e.g. Logical Access, Data Leakage, Disaster Recovery)
- Experience with Cybersecurity Risk Management is preferred
- A minimum of 7 years of experience in technology departments and/or risk management, preferably in a financial institution
- Industry certifications desirable (e.g. CISSP)
- Knowledge of relevant regulatory rules (OSFI, FFIEC, NYDFS 500) and frameworks (NIST, COBIT) is preferred
- 5+ years of experience or equivalent expertise in technology risk management, information security, or a related field, with a focus on risk assessment and control evaluation
- Demonstrated expertise in regulatory compliance, risk management frameworks, and industry best practices (e.g., NIST, ISO, FFIEC, GDPR)
- Experience in data security, risk management & controls, security governance, and analytical thinking, with a track record of implementing effective risk mitigation strategies
- Understanding of IT risk management frameworks in a global banking environment.
- Able to convey concepts and ideas on issues requiring interpretation and opinion.
- Demonstrate a sense of urgency in implementing programs and evaluating priorities; be decisive, action-oriented, and practical.
- Demonstrate strong communication and presentation skills, including the ability to adapt style to suit the different needs of any audience
- Independent in judgment and with a high standard of conduct and ethics. Able to challenge and be challenged while m