Analyst, Business Risk Management
Role Overview
Supports Global Wealth Management Business Risk Management and its non-financial risk programs, ensuring activities comply with regulations, internal policies, and procedures.
Key Skills for This Role
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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