Assistant Risk Manager Jobs in Texas (NOW HIRING)

Requisition ID: 262227 
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Global Banking and Markets 
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank's strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world. 
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group. 
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future! 

Purpose

The objective of this position is to ensure that the U.S. operations of The Bank of Nova Scotia have appropriate governance in place to effectively challenge operational risk and related governance activities that align with the Enterprise Framework and meets local supervisory expectations.

• Owning and implementing SBUS' operational risk management framework.
• Effectively challenging the businesses, and control and support functions, providing senior management with an independent assessment of businesses' operational risk and divisional risk profile, and
• Identifying new and emerging operational risk themes based on internal and external data.

The incumbent, acting as the second line function, will challenge the effectiveness of the design of first line operated controls and monitoring methods, identify control deficiencies, if any, and assist the Office of the U.S. Chief Data Officer and other 1LOD owners with developing appropriate corrective action plans.

The Senior Manager will also be expected to lead the evolution of the operational framework as part of Scotiabank U.S.'s broader efforts to enhance its risk management capabilities.

What You'll Do 

• Maintain and enhance SBUS's operational risk management framework, supporting standards and procedures covering identification, measurement, monitoring and management of operational risk. Key parts of the framework include incident reports, Risk Control Self Assessments (RCSAs), operational risk deep dives, scenario analyses, identification and monitoring of Key Risk Indicators (KRIs), and the development and refinement of risk taxonomies.
• Integral member responsible for the execution of day-to-day responsibilities owned by the operational risk team including, but not limited, to the following:
  • Effective challenge of businesses' operational risk oversight activities including, but not limited to, completed internal operational risk reports, RCSAs, and scenario analyses

• Partner with the broader U.S. Enterprise Risk team and the Global Operational and Data Risk Team to ensure that U.S. Operational and Data Risk is aligned with global standards and harmonized with other risk disciplines in the U.S.
• Lead efforts (e.g., training, communications) to enhance the profile of operational risk within SBUS and reinforce the company's broader risk culture.
• Provide support for the timely and accurate escalation of review findings and facilitate analysis for remediation.
• Alignment of Operational and Data Risk activities as applicable.

What You'll Bring 

• Education:

• • Bachelor's degree or international equivalent required.
  • Advanced degree preferred.

• Experience:

• • A minimum of 15 years of experience working at a financial institution, with at least 10 years' experience in Operational Risk Management, or related Compliance, Risk Management or Audit experience
  • Experience with Risk Identification and Assessment and/or RCSA process a must.
  • Deep understanding of the regulatory expectation for U.S. Operational Risk Management
  • Hands-on experience developing and producing management reports.

• Capabilities

• • Strong interpersonal and presentation skills with multiple stakeholders both internal and external
  • Excellent organizational and communication skills
  • Ability to work independently.
  • Demonstrated ability to operate at a strategic level.
  • Ability to solve problems, multi-task and manage changing priorities.

Interested? 

If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank! 

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That's why we work to grow and diversify talent and engage employees in a performance-oriented culture. 

What's in it for you? 

 
Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs. 

#GBM 

Location(s):  United States : Texas : Dallas 
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.