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Analyst, Business Risk Management

Scotiabank
Toronto, CAN
Onsite
Discovered 3 weeks ago
Operational risk managementRisk assessmentsRisk indicatorsRisk and control documentationThird-party risk managementRegulatory compliance

Full Job Posting

Role purpose

Supports Global Wealth Management Business Risk Management and its non-financial risk programs, ensuring activities comply with regulations, internal policies, and procedures.

Responsibilities

  • Conduct or facilitate risk assessments, understand risk data, and monitor indicators under the Operational Risk Management Framework.
  • Support new initiative risk assessments, operational risk events, key risk indicators, and other operational risk workstreams.
  • Identify, document, and monitor initiatives, processes, procedures, risks, and controls.
  • Maintain and enhance the risk information system, catalogue risks and controls, track progress, and report on mitigation effectiveness.
  • Prepare periodic program updates for senior management and assist with committee and board reporting.
  • Support the Third-Party Risk Management Policy for Global Wealth Management, including outsourcing risk assessment, due diligence, systems support, oversight, and assurance.
  • Track operational risk issues, follow up with issue owners, and review closure packages.
  • Expand data analytics capabilities and support other projects while building internal stakeholder relationships.

Qualifications

  • Undergraduate degree and at least 3 years of relevant wealth management and/or banking experience.
  • Operational risk, compliance, regulatory reform, internal audit, or third-party risk experience is an asset.
  • Knowledge of Global Wealth Management business units and support functions across delivery channels is preferred.
  • Strong working knowledge of OSFI, OSC, and CIRO.
  • Proficiency in Excel, PowerPoint, Word, Visio, and Power BI.
  • Strong written and oral communication, analytical, problem-solving, negotiating, influencing, and relationship-building skills.
  • Effective time management and a record of meeting deliverables; willingness to contribute to additional team projects.

Location

  • The posting lists Toronto, Ontario, Canada.

About Scotiabank

Scotiabank provides banking, wealth management, and other financial services across the Americas.

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