Senior Manager Operational Risk

Job Summary: Scotiabank, a leading global financial institution committed to empowering its clients and communities, is seeking a Senior Manager Operational Risk to join its Enterprise Risk Management in the Caribbean South and East Region. This role offers an opportunity to join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

Supports the local Chief Risk Officer and Global Operational Risk, in defining and executing the Bank's Operational Risk programs to ensure both embedment of sound risk management practice, and measurement and mitigation of risk across the Bank in Business Lines, Corporate Functions and subsidiariesAccountabilities:

Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge 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 local obligations with respect to Operational Risk (including Third Party, New Initiatives, and Fraud Risk). Maintain and update Operational Risk policies, tailoring as needed to ensure evolving industry standards and local regulatory requirements are met and arranging relevant management and Board approvals.

Prepare Caribbean South and East operational risk reporting for management and Board, including identification and escalation of issues and emerging trends. Maintain and update the Non-Financial Risks and Internal Controls meeting mandate for English Caribbean, and act as co-ordinator and Secretary for these meetings. Support the Chief Risk Officer and the Global Operational Risk management team in the development and implementation of training programs and/or courses for operational risk management. Lead second-line responses related to Compliance and Audit testing of local Operational Risks, including development and resolution of any required action plans coming out of testing engagements.

Prepare regulatory reporting and regulatory information submissions (scheduled and/or ad-hoc as applicable) related to Operational Risks. Maintain awareness of industry and regulatory developments related to Operational Risk, and represent the Bank on external industry committees and/or events in this area. Lead the Operational Risk responses on regulatory gap assessments (whether for draft, new, updated or existing regulations) together with related second-line regulatory compliance activities including those related to gap closures. Build effective working relationships across the team and with various business line and corporate function contacts;Ad-hoc tasks as required.

These adhoc tasks may include supporting other projects or activities, preparing analyses, memos, minutes, business cases, presentations and other formal reports for management, and/or supporting second-line activities for other non-financial risks such as IT and Cyber Security Risk, Reputational Risk, Insurance Risk and Environmental Social and Governance Risks. Education/ Experience• Bachelor’s degree in a related discipline. Master’s degree in a related discipline is an asset • Knowledge of Operational Risk regulatory issues / requirements in assigned market area • Must be proficient in the use of Excel, Power Point and Word.

• A breadth of experience in risk management, audit, operations or related areas. • Possess excellent interpersonal and relationship-building skills to deal with senior levels of management. • Ability to suggest appropriate recommendations to senior/executive management and effectively support those recommendations • Excellent time management skills, including ability to work well under pressure and constantly adjust priorities for self and the team • Excellent interpersonal, communication (verbal and written), and influencing skills in order to build consensus and collaboration with regional stakeholders• Demonstrated ability to complete and analyze quantitative and qualitative information• Ability to effectively manage teams.

Thank you for interest, but please note only the most suitable candidates will be short-listed for an interview. Meeting minimum requirements for the role does not guarantee an interview.