Job Title or Location

Director, Data & AI Risk (6 Month Contract)

Scotiabank - 862 Jobs
Toronto, ON
Posted 5 days ago

Requisition ID: 199412
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Are you passionate about data and analytics, but also risk management? Are you looking for a ambitious role in an emerging and exciting field? Join a purpose driven team, acted to results, in an inclusive and high-performing culture.

The Data and Artificial Intelligence Risk (DAIR) team is looking for a highly driven change agent who demonstrates integrity, drive and courage to lead the design and execution of the DAIR management program—ie. be a change agent for data driven decision making!

As a member of the team, you will be directly contributing the operationalization of data and AI risk at the organization, while working with a collaborative team of inspiring professionals to help deliver the Enterprise DAIR Program objectives across our footprint.

What you'll do in this role?
Leads and oversees a team within the Data & AI Risk (DAIR), GRM group ensuring the Enterprise Data and Artificial Intelligence (AI) Risk strategies, implementation program and mandated activities are executed / delivered in compliance with governing regulations, internal policies and procedures.

Job Requirements:

  • Lead and drive a customer focused, data driven culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

  • Help VP, Data & AI Risk to shape the Enterprise Data and AI Risk strategies

  • Lead the design and operationalization of the DAIR program related to 1) metrics, 2) training, change management and communications; 3) project management (coordination and reporting) for OSFI, Audit, and Judicious Projects. Scope of work includes but is not limited to the following:


  • Provide leadership and strategy for the development and maintenance of comprehensive data and AI risk metrics to cover the full data risk and AI risk taxonomies

  • Be up to date with industry best practices and standards for measuring data and ai risk-be well versed in KRI methodology and practice

  • Ensure metrics (and therefore associated data) is meaningful and accurate, and provides leadership with insights

Training, Change Management, Communications:

  • Create the strategy and roadmaps for communications (both internal and external), education, change management, and training

  • Lead the development and execution of change management and communication campaigns to drive understanding and adoption of Data and AI

  • Identify priority businesses and areas for change management, training and education opportunities

Project Management

  • Responsible for project plan, risk and issue tracking of key deliverables for operationalizing program (including managing/tracking Regulator and Audit deliverables)

  • Help assist judicious projects, as required

  • Proactive and consistent relationship and stakeholder management to ensure timely delivery of commitments

  • Develop strong partnership with other risk functions and business partners to collaborate on best practices and ensure a strong reliance model

  • Ensure that own and his/her team's day-to-day activities are conducted in a manner consistent with the Bank's risk culture and the relevant risk appetite statement and limits. Socialize the Bank's risk culture and risk appetite statement throughout his/her team.

  • Create an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct, and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

  • Exercise sound judgment in identifying, reporting, and escalating risks or issues to senior management

  • Lead a high-performance team-this is a people manager role

  • Build a high-performance environment and implement a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; informing vison/values/business strategy; and, managing succession and development planning for the team.

  • Foster an inclusive and collaborative team environment, and prioritize team's goals

  • Champion a high-performance environment and contribute to an inclusive work environment

  • Assist with data risk management activities and participate in data risk management oversight where required

Job Responsibilities:

  • 10+ years of experience in business/financial/consulting services; experience in risk or audit would be an asset, but not required

  • Practical experience with: metrics, reporting, project/program management, change management, communication and/or training

  • Curious and proactive learner able to solve complex problems, multi-task and manage changing priorities

  • Strong social skills, able to effectively build relationships and collaborate with partners

  • Strong organization, stakeholder management, relationship management skills and adaptability to manage ambiguity

  • Excellent written and verbal communication skills with the ability to engage large and diverse audiences

  • Experience in creating and developing presentation materials and informing with Senior Management

  • Outstanding presentation skills with the ability to develop engaging decks and graphics

  • Strong Microsoft Suite experience (Excel, PowerPoint)

  • Spanish language fluency, (written & verbal) is an asset

Location(s): Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

Competition Number: 199412
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