Senior Manager, Recovery

Requisition ID: 246147

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

The Senior Manager, Recovery and Resolution Planning position is a key member of the Recovery and Resolution Planning team in Global Risk Management. This role supports the design, maintenance and execution of Scotiabank's Recovery Plan in alignment with OSFI's guiding principles.The Bank's Recovery Plan provides a detailed roadmap of the actions to be taken by the Bank in the event of a financial crisis that could threaten its viability. The incumbent will partner closely with Group Treasury, Capital Management, Global Banking and Markets, Operations, Strategic Transactions and Review, and various Business Lines to identify recovery options and develop playbooks/capabilities to demonstrate the Bank's ability to recover from severe stress.

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

• Liaises with a broad range of stakeholders by providing recovery planning expertise and general direction, as well as ensuring issues are identified, flagged and remediated in a timely manner.
• Develops a clear, concise and cohesive recovery plan through continuous improvement and quality control, as well effective presentations to management, Board/Committees, and OSFI.
• Helps interpret new regulatory guidance and operationalize it by collaborating with subject matter experts and identifying impact to ensure the Bank meets regulatory expectations.
• Challenges subject matter experts recovery plan submissions in alignment with regulatory requirements and enterprise policies, guidelines, plans and standards.
• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Plans, manages and reports on all Recovery Planning project plans.
• Provides advice and counsel to international subsidiaries in the creation/updating of their own Recovery Plans.
• Understands 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 his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
• Champions a high-performance environment and contributes to an inclusive work environment.

Skills
Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

• University degree in business, accounting, finance or related discipline
• PMP designation preferred
• 5+ years of related work experience
• Works in a team environment and interacts with subject matter experts from various departments (Group Treasury, Capital Management, Strategic Transactions and Review, amongst others), while providing exceptional customer service
• Self-starter and highly motivated organized individual able to consistently deliver with limited supervision, including managing and organizing unstructured activities, without compromising on quality and timelines
• Excellent written and verbal communication skills
• Strong oral presentation skills, and proven analytical and problem-solving skills
• Strong relationship management skills with ability to influence across cross functions
• In-depth knowledge of funding and liquidity, capital management, finance, or mergers and acquisitions
• Past experience managing large regulatory programs

What's in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one
• Your career matters You will have access to career development and progression opportunities.

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.