Senior Manager, Canadian Commercial GRM

Senior Manager, Canadian Commercial GRM – Risk Modernization & Strategic Support (18‑month contract) Requisition ID: Join a purpose driven winning team, committed to results, in an inclusive and high‑performing culture. The Senior Manager, Risk Modernization & Strategic Support is responsible for executing the Continuous Change Cycle across Canadian Commercial Banking Credit Risk and for leading a large‑scale transformation program across Canadian Commercial Banking GRM to strengthen risk management, governance and controls, enhance operational efficiency, and support Global Risk Management’s (GRM) strategic priorities. Responsibilities Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge. Complete business cases to obtain funding for different initiatives in line with Bank’s methodologies and processes. Maintain policy, systems and processes up to date and in line with industry best practices, technological advancements and regulatory requirements. Execute the implementation of the New Operating Model for Canadian Commercial Banking Risk and the Global GRM Transformation Journey, fulfilling the strategic goals of the Transformation Program. Execute outcomes from the external independent review to strengthen second‑line oversight and the GRM Transformation Program. Support appropriate stakeholders to ensure the maintenance of governance items, such as (but not limited to): Roles and responsibilities for Commercial Banking Risk teams Segment‑specific policies and process reviews KPIs for Commercial Banking Risk teams and risk‑appetite metrics for the segment Service level agreements Segmentation policy and management Communicate and coordinate between Canadian Commercial Banking Risk stakeholders to bridge silos and enable alignment across teams throughout all stages of development and execution. Support project planning and execution activities (e.g., manage working group committees) for each transformation initiative in Canadian Commercial Banking. Obtain sign‑off on business requirements and prepare submission of validation packages for QA and internal audit. Communicate and prepare project status (including SteerCo materials) for each transformation initiative for Credit Portfolio Management and adhere to Transformation Office governance practices with support from the Transformation Office PM. Identify improvement opportunities within Canadian Commercial Banking Risk and design and implement sustainable solutions. Support the implementation of technology to modernise commercial credit risk management, including new tools and systems to improve efficiency and accuracy. Track and manage strategic initiatives within Canadian Commercial Banking Risk and communicate the strategy and results. Engage relevant groups (e.g., GRM, Finance, HR, Executive Support) as determined by implications of changes introduced by transformation initiatives. Ensure effective and efficient operations of the respective areas in accordance with Scotiabank’s values, its Code of Conduct and the Global Sales Principles, while ensuring day‑to‑day business controls meet operational, compliance, AML/ATF/sanctions and conduct risk obligations. Qualifications Post‑graduate or graduate education in business and/or related fields. Experience in credit risk management, portfolio management, corporate banking or knowledge of credit assessments, financial projections and familiarity with credit documentation. Strong understanding of commercial banking processes, products and services, including working knowledge of systems, routines and operating procedures. Analytical, negotiation, problem‑solving skills and sound judgment. Understanding of AML, higher‑risk client and KYC requirements. Demonstrated ability to implement strategies, roadmaps and business cases; superior risk assessment and analytical skills. Superior accounting and financial analysis skills. Good understanding of commercial management systems. Superior communication skills, both written and verbal. Ability to manage multiple priorities in a fast‑paced environment. Location Canada : Ontario : Toronto About Scotiabank 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 we 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. Application 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. #J-18808-Ljbffr