Director, Cybersecurity Risk Management

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Requisition : 245907

Salary Range: -

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!

The Director, Cybersecurity Risk Management will lead the charge in strengthening Scotiabank’s second line of defense (2

LoD) Cybersecurity risk oversight of the first line implementation of cybersecurity programs, initiatives and delivery.

This role requires a visionary leader with a deep understanding of cybersecurity principles, risk management, and compliance frameworks. The ideal candidate will possess strong communication and leadership skills, the ability to navigate complex regulatory landscapes, and a commitment to continuous improvement in the face of a rapidly evolving cybersecurity environment.

• Partner with global Risk team to develop and maintain a comprehensive Cybersecurity and Technology Risk Management Framework.
• Serve as a subject matter expert and trusted risk oversight partner on cyber risks, regulatory reporting, and audit requirements, supporting requests and providing guidance across key cybersecurity domains, including Security Event Detection, Red Team, Cyber Incident Response, Cyber Threat Intelligence, Cyber Assurance, Exercise & Simulations, Technology Resilience, Scenario Analysis, Third Party Cyber and Application Security.
• Conduct effective challenge of high-risk items (e.g., new software, risk acceptances), ensuring actionable risk-based insights and solutions.
• Partner with stakeholders in CISO, business, technology, and all three lines of defense to drive security compliance and awareness.
• Lead risk oversight and challenge of first line risk management strategies and compliance activities, ensuring that the organization’s cybersecurity posture is robust and resilient against top and emerging threats.
• Provide insights and recommendations on cybersecurity trends, best practices, internal and external audit reports, and regulatory changes that may impact the organization.
• Identify risk scenarios using the MITRE ATT&CK Framework, calculate scoring, and present to executive leadership to drive risk-based action.
• Collaborate with the Cyber Security Incident Response Team (CSIRT) to ensure timely monitoring, detection, and response to threats.
• Ensure adherence to cyber risk management regulations, including FFIEC, OSFI, and other applicable laws.
• Build and mentor a high-performing team, providing training and development opportunities to ensure team members stay current in the field.
• Ensure alignment with the Bank’s risk appetite and culture in all activities and decisions.
• Create an environment in which the team pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s…