Manager, U.S. Operational Resilience

Manager, U.S. Operational Resilience

Requisition

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.

GBM 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!

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, minimise 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.

• 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 highlights key risks and steps that will be taken to address them
• 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), and 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

• 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 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 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 implement a people strategy that attracts, retains, develops and motivates their team by…