Internship Financial Risk Management Jobs (NOW HIRING)

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 candidate will be responsible for implementing and ongoing execution of the U.S. Operational Risk Management Framework. The framework encompasses the key components of Enterprise Risk Management, including, but not limited to, Risk and Control Self Assessments ("RCSAs"), Risk identification, Operational Risk Events, Key Risk Indicators ("KRIs") and ongoing reporting and monitoring. 

What You'll Do 

• As a member of the second line of defense for Non-Financial Risk in the U.S., the candidate will be responsible for Reporting Operational Risk and covering second line of defense responsibilities in collaboration with the team's Senior Managers and Director. 
• Monthly Non-Financial Risk Reporting.
• Automation of manual reporting where possible, e.g., KRI management.
• Provide support for the timely escalation of review findings and reporting on status of remediation. This includes accountability of reporting to senior management, committees on Operational and Data Risks.
• Support the team in executing ORM activities such as New Initiatives assessment, KRIs, Issue and Action plan management, Risk Assessments, Scenario Analysis, and Operational Risk Events and reporting key outcomes. 
• Support the team with Divisional and Functional coverage, including operational risk activities over Business Lines and Corporate and Support Functions. 
• Support the Director with special projects, continuous improvement initiatives and adhoc reporting.
• As the function evolves, the scope may expand to include other activities under the Operational Risk department. 

What You'll Bring

• 2+ years of experience working in an enterprise risk, reporting or risk role at a financial institution.
• Working knowledge of Capital Markets and current regulatory environment in the Financial Services industry.
• Experience working with Corporate and Investment Banking, Global Transaction Banking, Global Banking and Markets products, and associated Corporate and Support Functions.
• Bachelors degree in business, related field, or equivalent experience. Advanced degree preferred.
• Strong communications, analytical, organizational, and project management skills.
• Strong knowledge in MSOffice (Word, Excel, PowerPoint) and other related productivity tools; ability to code/script is a plus.
• Ability to communicate clearly and effectively, both verbal and written with all levels including business units, Corporate Functions, Internal Auditors, management, and regulators.
• A strong team player who is open to listening and learning, demonstrating a growth mindset.
• Ability to work independently within minimal supervision.

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. 

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