Internship Financial Risk Management Jobs in Ontario

Requisition ID: 266213 
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Scotiabank's International Banking division is a diverse and dynamic network that provides financial advice and solutions to more than 12 million retail, corporate, and commercial clients. With a presence in over 15 countries-including Mexico, Chile, Peru, Colombia, Brazil, Uruguay, and key markets across Central America and the Caribbean-our footprint offers unparalleled connectivity within the North American corridor. These regions feature favorable demographics and present significant opportunities to expand banking penetration and deliver innovative solutions.

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

Purpose
The Manager, Business Risk Management contributes to the overall success of the Business Risk Management function in International Banking by executing, embedding, and sustaining IB Non-Financial Risk (NFR) programs across assigned areas.They will support the Senior Managers and Director, Business Risk Management by operationalizing the IB NFR framework, monitoring control effectiveness, driving remediation, and escalating emerging risks and systemic issues. Ensures all activities conducted are following governing regulations, internal policies, and procedures.

What You'll Do:

• Execute IB Non-Financial Risk (NFR) programs including RCSA, NIRA, KRIs, Issues Management, Operational Risk Events, and Third-Party Risk Management.
• Support governance reporting, risk appetite monitoring, and escalation of emerging risks, including development of executive materials and metrics.
• Act as a partner to Business Lines and Regional/Country stakeholders to establish effective controls that support growth, productivity, and risk mitigation.
• Provide guidance to business units on control breakdowns, action plans, and escalation to appropriate executives.
• Share Business Risk Management review recommendations and lessons learned to drive consistency and improve risk performance indicators.
• Coordinate and support remediation of audit findings and risk issues, ensuring deficiencies are addressed and commitments delivered on time
• Provide oversight and monitoring of control effectiveness, including independent review support where required.
• Monitor industry, regulatory, and emerging risk trends and provide insights to leadership. 
• Support first line testing activities including testing plans, sampling, execution, and reporting. 
• Support risk culture initiatives, including coaching and training on NFR frameworks and tools. 
• Promote a risk-aware culture; ensure efficient and effective risk and compliance management practices.
• Remaining current on BRM policies, standards, and procedures across jurisdictions.

What You'll Bring:

• Bachelor degree or equivalent.
• +5 years of Business Line risk management work experience.
• Strong communication and stakeholder management skills
• Fluent in English and Spanish
• Expert knowledge in ability to communicate strategy and status of initiatives to executives by producing high quality presentations and materials to be used in meetings and committees.
• Previous experience in audit, testing, or risk & controls analysis is an asset
• Strong project management, analytical, and problem-solving skills
• Strong ability to balance competing/ conflicting goals of various stakeholders, requiring a mature, diplomatic approach and highly developed negotiation and influencing skills.
• Demonstrate flexibility and comfort in dealing with change/ambiguity. The individual must adapt to an environment of uncertainty and shifts in priority
• Highly developed cultural sensitivity to operate effectively across cultural and language differences is required.
• Ability to learn, and assimilate, learned information into recommendations and strategies quickly.

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

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.

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank's six guiding sales practice principles to ensure they act with honesty and integrity.

At Scotiabank, we value the unique skills and experiences everyone 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. 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.

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.