Tprm Lead Europe

Requisition ID: 174651

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

**Purpose**

Third party risk management (TPRM) is a first-line of defence (1LoD) activity within Scotiabank. The role holder will be responsible for leading the implementation of the TPRM process and procedures in line with the policy and TPRM risk framework. The objective is to enable the Global Banking and Markets (GBM) business in Europe to exercise robust management of risks associated with internal and external third-party suppliers and to be fully compliant with the applicable laws, regulations and guidelines within Europe. The scope of the role includes Global Capital Markets, Corporate & Investment Banking, Global Business Payments, and Group Treasury across Europe (UK and Ireland).

**Accountabilities**
- Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Ensures all activities conducted are following governing regulations, internal policies and procedures.
- Responsible for leading consistent management of TPRM practices and procedures including governance oversight, monitoring and reporting across the two locations.
- Coordinate and oversee complete and accurate implementation of TPRM by responsible and accountable Contract Owners (in both business and enterprise functions including IT, Operations, HR, Finance, and Legal) in line with policy, procedures and expectation of regulators.
- Assist and guide Contract Owners in discharging their responsibilities through all stages of the contract lifecycle (onboarding, maintenance of contracts and offboarding) in line with procedure.
- Track, monitor and report SLA status of contracts/ contract owners by in the end-to-end lifecycle through KRIs and other related metrics, and report status at relevant governance forums.
- Support in the periodic reviews of outsourcing registers including planning, communication of requirements and oversight
- Manage contract arrangements in line with SLA for Internal Control department Liaising with GRM risk team for all second line challenge and inquires, and for ensuring that the COUPA system and reporting requirements to support implementation
- Support training, dissemination of information to facilitate understanding of requirements, working closely with GRM
- Perform first-line sample-based testing to ensure Contract Owners are following TPRM procedures in COUPA and that contract documentation and requirements are complete and accurate, and standards are consistently and sustainably maintained by Contract Owners in line with policy and regulatory expectation.
- Actively engage with the second-line partners (Global Risk Management) in the on-going development and refinement of policy and framework requirements and collaborate with global teams for consistency and alignment of practices wherever possible.
- Support TPRM responses for independent reviews and examinations including audits, compliance testing, regulatory requests, and related action tracking to remediation.
- Collaborate and communicate with key stakeholders (business and relevant support functions) across the three lines of defence to ensure that adequate engagement, support and input to ensure effective delivery and execution of TPRM requirements.
- 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.

**Competencies**
- Acts with professionalism and respect at all times
- Exemplifies a strict ethical code to pursue honesty, integrity and transparency.

**Reporting Relationships (Job Titles only)**
Primary Manager:
(include secondary Manager if applicable) - Director, Head of Internal Control, GBM Europe
Direct Reports: - One

**Dimensions**
- GBM contributes ~30% of total Scotiabank Group Net Income.
- Complex and very different business lines in GBM.
- Regional business revenue of c. $450MM, generated through the provision of a wide range of products and services to clients, including corporate lending, equity and debt underwriting, M&A advisory, as well as fixed income, equity sales/trading/research, prime brokerage, securitization, foreign exchange, rates hedging, and precious/base metals sales, trading, and storage.
- Complex regulatory and business environment (e.g., MIFID II, Brexit, etc.).
- Approximately c. 350 staff in London and c. 110 staff in Dublin.

**Education / Experience / Other Information**
- Experience in Thi