Senior Manager, Risk Initiatives, Monitoring and Testing
Job Description
Description
Senior Manager, Risk Initiatives, Monitoring and Testing
Join to apply for the Senior Manager, Risk Initiatives, Monitoring and Testing role at Scotiabank
Senior Manager, Risk Initiatives, Monitoring and Testing
Join to apply for the Senior Manager, Risk Initiatives, Monitoring and Testing role at Scotiabank
Requisition ID:
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
As the Senior Manager, Risk Initiatives, Monitoring and Testing, you will be responsible to lead first-line risk assessments across Global Wealth Management (GWM) businesses and functional units, including end-to-end execution of testing and monitoring related to operational, regulatory, and compliance risks within Global Wealth Management (GWM).
Is this role right for you? In this role you will:
- Identify, benchmark, and establish best practices, operational efficiencies, and effectiveness, in the risk management program of GWM’s business units in the context of complex regulatory environments
- Conduct risk assessments to ensure the adequacy of controls, processes, and protocols to mitigate regulatory and operational risks (including legal, securities, tax) and risks of financial loss, regulatory fines, penalties or sanctions, litigation and reputational damage to wealth units and identify areas of opportunity to strengthen the control environment and control activities
- Sustain an expert understanding of Global Wealth business units (brokerages, asset management, estates and trust, private banking, mutual fund dealers, and International Wealth Management), including operational processes, regulatory obligations, and risk governance
- Design control and operational policies, procedures, and frameworks to manage risks of new wealth management initiatives, including new products and service offerings, technology platforms, investment tools, digital offerings, and applications
- Establish global standards in the core Wealth business units (asset management, brokerages, investment funds, private banking, trusts and pensions) to manage non-financial risks (including operational risk, AML) in multiple jurisdictions, including Canada, Caribbean, Central and Latin America
- Analyze data, alerts and results of monitoring, assessments, and inventories to identify potential gaps, patterns, and trends
- Develop and foster relationships with stakeholders/control functions and business partners for the purposes of creating an integration risk framework and enhancing business line effectiveness
- Champion a client-focused culture and leverage broader
Company
Scotiabank
Location
Toronto
Country
Canada
Salary
100.000
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