Director, Information Technology Risk Transformation

Requisition ID : 218760

Salary Range :  180,000.00 - 301,500.00

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

The Director of Information Technology Risk Transformation establishes and manages the strategic direction and oversight of the IT Risk Management programs globally, collaborating with Information Security and Cybersecurity partners for effective risk management protocols, framework, processes, procedures and monitoring and ensuring end to end 360 understanding of controls, KPI’s and KRI’s in place that are monitored for effectiveness, and reported. The function is evolving as the Bank seeks to improve IT risk management understanding, documentation, and practices.

What You’ll Do

Act as primary liaison with Functions in respect of intersections and impacts between their respective policies and programs and EDP / ITRT mandate responsibilities and policies.

Provide leadership support to the VP by conducting thorough analysis and drafting recommendations or position papers on strategic and operational issues impacting Enterprise Data Protection / Information Technology Risk Transformation. Promotes a consistent approach to EDP / ITRT’s management programs across all Scotiabank businesses globally.

Develop and sustain key strategic alliances, partnerships, and third-party relationships to effectively meet stakeholders’ needs by working collaboratively with peers and Risk heads, participating in meetings that will enhance EDP / ITRT strategic initiatives and project(s) completion.  Effectively liaise with cross-functional and cross-jurisdictional business partners to ensure the timely execution and completion of the initiatives or specific deliverables; and provide advice and counsel to partners and stakeholders on processes, risks, controls and emerging considerations.

Play a key role in the ongoing business strategy planning and execution processes of Enterprise Data Protection / Information Technology Risk Transformation. Creates, reviews and revises, as necessary, policies and frameworks, while promoting and developing consistency within enterprise and operational risk programs, as appropriate.  Prepare executive presentations for executives and partners, as required.

Participate in working groups and forums, which will include various other key stakeholders, ensuring that coverage is comprehensive and consistent with established standards and that ITRT issues are appropriately addressed on a timely basis. Leads or provides project management support and expertise to the VP and their management team, including leading strategic projects that are multi-jurisdictional in scope and / or involve multi-disciplinary project team.

Provide issue management oversight and support for high priority Regulatory, Internal Audit and GIMS Issues.

Provide critical decision-making information about the state of the program and ongoing progress of key regulatory deliverables.

Establish and own EDP / ITRT frameworks, standards, directives, and taxonomies to effectively manage related risks enabling flexibility and adaptation for changes in systems, technologies, applications, and emerging risks.

Establish and monitor end to end business and operations key performance and risk indicators and execute appropriate management reporting to partners and stakeholders. Provide analysis and insights to the business.

Support T&O’s ongoing management of operational, regulatory and compliance risks under the Enterprise-Wide Risk Management Framework, Operational Risk Management Policy and the Risk Culture and Conduct Risk Management Framework and other enterprise frameworks and policies as applicable.

Facilitate and contribute to the preparation of management reporting relating to the responsibilities within the role

Develop and maintain standardized processes, templates and guidance documentation related to the activities of the role as needed, striving for streamlining and efficiency

Provide advice and guidance and, develop and deliver training as needed to educate staff that are engaged in supporting or executing on aspects of the role.

Drive effective stakeholder management and alignment through interactions with internal T&O management and team.

Build and maintain strong relationships with key contacts within T&O and the Business Units to support effective management and delivery of goals for the role.

Ensure unresolved issues or risks are escalated to the appropriate Executive Sponsors in a timely manner.

Maintain awareness of regulatory developments, expectations and industry standards related to Information Technology risks globally.

Ensure that the team maintains record keeping of key documentation.

Lead and drive a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.

Create an environment in which his / her team pursues effective and efficient operations of his / her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, regulatory and conduct risk.

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.

Additional accountabilities as required.

What You’ll Bring

Bachelor’s Degree in business administration or related fields.

Solid understanding of technology and processes

Strong familiarity and experience with bank regulatory compliance programs and / or enterprise / operational risk programs

Prior exposure to a control environment in risk management, compliance, or audit

Working knowledge of business environment supported by a strong understanding of policy and regulations

Exceptional written and verbal communication skills

Strong analytical and process design skills

People management experience and leadership skills

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. 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.