Manager, Risk Policies & Governance

Employment type: Full-time
City: Toronto
Last visit: 2014-10-29
Author's ads: 1

Posted: 2014-10-29


Join the Global Community of Scotiabankers to help customers become financially better off.

A Best Workplace

Scotiabank is a premier financial institution and Canada's most international bank recognized as a Best Workplace®, in Canada, Mexico, El Salvador, Costa Rica, Puerto Rico, Dominican Republic, Panama, Peru, Chile and Latin America by the Great Place to Work® Institute.

A multinational winning team

Scotiabank is a leading multinational financial services provider and Canada's most international bank. Since welcoming our first customers in Halifax, Nova Scotia, in 1832, Scotiabank has continued to expand its global reach. Today, through our team of more than 86,000 employees, Scotiabank and its affiliates offer a broad range of products and services, including personal and commercial banking, wealth management, corporate and investment banking to over 21 million customers in more than 55 countries around the world.

Corporate Social Responsibility

Scotiabank helps to build bright futures worldwide through ethical banking practices, environmental awareness and a commitment to communities.

Global Risk Management (GRM) plays a leadership role in establishing the Bank´s risk appetite and strategies - and partners with the Business Lines, Finance, Group Treasury and others to operate within these parameters.

Scotiabank´s approach to risk management is a globally-recognized competitive advantage - which balances sound judgment, effective tools, considerable management input & prudent oversight.GRM´s greatest strength is the expertise and commitment of our people. We are committed to attracting, developing & rewarding a diverse group of high-performing employees.KEY ACCOUNTABILITIES:

*Liaise and maintain strong working relationships with Corporate, Commercial and International Banking and all Credit units.

*Address requests for information, including policy interpretation/clarification of existing policies.

*Assist in the annual Credit Risk Appetite and Risk Appetite Framework process, including the development and implementation of a Bank-wide awareness program to ensure that risk appetite is broadly understood and incorporated within the risk culture of the Bank.

*Review new requests pertaining to assigned subjects against existing policies and provide recommendations.

*Insure all new policies are provided to the required distribution points.

*Research industry best practices and regulatory requirements for the management of various risks, and communicate findings and recommendations to relevant management. Act as a change agent, implementing enhancements to ensure the Bank meets and exceeds best practices.

*Maintain a proper follow-up system so outstanding issues are dealt with in a timely manner.

*Provide analysis and executive summaries on legal and/or regulatory agency issues and discussion papers in order to keep management abreast of developing issues that may require change or consideration of change to current risk policies.

*Assist in the completion of industry best practice and regulatory risk surveys, and benchmarking the Bank against findings.

*Other duties and projects as assigned.


*A working knowledge of credit policies, practices, procedures and products/services, and the inherent risk in these products.

*An ability to work efficiently and effectively, under the guidance of the Director, and with other internal and external specialist, under demanding deadlines.

*An ability to think creatively and assist in the translation of related regulatory requirements into Bank policies and procedures.


*MBA or equivalent work experience.

*Previous Banking and/or Credit experience is desirable.

To apply for this position please CLICK HEREScotiabank is an equal opportunity employer and welcomes applications from all interested parties. We thank you for your interest, however, only those candidates selected for an interview will be contacted. No agencies please.

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Career Level: Experienced

Years of Relevant Experience: 5 Years

Industry: Financial Services and Banking

Job Function: Financial Services