United States Job Openings

Scotiabank

Manager, U.S. Operational Resilience

New York

October 16, 2024


Requisition ID: 207215
Salary Range: 85,700.00 - 159,100.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.


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


Operational resilience has increasingly become a critical component of day-to-day operations for financial institutions. The ability to operate during disruptive events helps sustain business, minimize disruption, enhance client confidence, and ensure regulatory compliance. Being operationally resilient will ultimately drive the overall success for Scotiabank U.S.


This role will report directly to the Head of U.S. Operational Resilience and facilitate and support the implementation of Operational Resilience self-assessment activities by partnering with stakeholders across businesses, functions, and regions to drive program initiatives.


What You’ll Do



Primary Responsibilities:

  • Coordinate workshops with business stakeholders to facilitate annual self-assessments including:
    • Identification of critical business services
    • Mapping of critical service dependencies
    • Identification of impact tolerance thresholds
    • Identification of Minimal Viable Operations (MVOs)
  • Coordinate Testing of critical business services as required including:
    • Test Planning
    • Test Execution
    • Post-Test reporting including lessons learned, risk and gap identification and remediation coordination
  • Assist in developing Risk Reporting that highlight key risks and steps that will be taken to address risks
  • Partner with stakeholders from other areas to ensure cohesiveness and consistency across pillars, including but not limited to, IT, Cyber, Business Continuity, Third Party Risk Management (TPRM), Operational Risk
  • Work closely with GBM Operational Resilience as well as Enterprise to ensure consistency in strategy and approach
  • Support compliance with evolving internal and external guidelines, standards, policies, and regulations; prepare and submit reports to regulatory bodies as required
  • Collaborate with the Incident Response Coordinator to manage the bank's response to incidents; proactively understand and drive an Operational Resilience lens within specific events
  • Participate in post-incident reviews to improve future response efforts


Other Responsibilities:

  • Support the controls framework within U.S. Operational Resilience; ensure timely and adequate closure relating to regulatory findings, audits, and/or first line testing; proactively identify areas for improvement, taking initiative to remediate
  • Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
  • Actively pursue 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 obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
  • Champion a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment, communicating vision/values/business strategy and managing succession and development planning for the team.

What You’ll Bring


  • Experience in supporting a large, complex program, engaging with stakeholders across lines of defense and regions
  • Ability to identify, articulate, and mitigate key risks within the program as well as the Operational Resilience framework more broadly
  • Ability to manage competing priorities within a program
  • Understanding of principles and best practices in Operational Resilience, business continuity; and disaster recovery
  • Understanding of risk assessment/TPRM strategies, mitigation strategies, and incident response processes
  • Basic understanding of technology and cyber landscape, including associated risks
  • Ability to develop senior level presentations in Power Point and leverage MS Excel to perform data analytics and develop reports that will provide insights to senior leaders
  • Financial services industry experience a must; direct Capital Markets experience preferred

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.

Location(s): United States : New York : New York City
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. 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.
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