Requisition ID: 226417
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Director will contribute to the overall success of Global Third-Party Risk Management (TPRM) for Scotiabank's global enterprise by managing program governance and leading end to end process efficiency efforts through continuous improvement. The Director, Governance & Process Optimization is responsible for leadership and execution of initiatives to examine, design, and implement governance controls design and operational process efficiency changes for the global TPRM program, working collaboratively with stakeholders and partners across the global footprint to identify these opportunities.

Is this role right for you? In this role, you will:

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Oversees all regulatory and audit reviews and requests of TPRM domestically and globally. Governs compliance and risk activities and reviews including: CRCA, Regulation Library, Resolution and Recovery Plan, CDIC remediation, among others.
• Leads, directs, and influences process improvement initiatives across the TPRM process lifecycle. Prioritizes team efforts to balance the need for biggest enterprise impact and ease of implementation. Helps to overcome challenges that may impede buy-in and implementation of efficiencies.
• Upholds strong risk management principles; ensures enhancements to governance resources and processes adhere to risk appetite, audit expectations, and global regulatory obligations. Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Develops short and long term strategies to create efficiencies in today's model and to drive towards an optimized future model in the evolution of Enterprise TPRM. Ensures strategies are delivered with a sense of urgency, converting them into real outcomes through leadership and execution.
• • Leads and drives partnership with Global Procurement to integrate TPRM and Procurement activities to ensure third party risk management can be operationally executed seamlessly from end-to-end; promotes and demonstrates a client-centric mindset to bring the best user experience to employees, support functions and vendors.
• Anchors governance, design, and optimization directions on critical thinking, ensuring changes are validated with sound data and analysis. Brings business and technical experience to drive high quality outputs for drafting of policy and standards, managing regulatory, audit or compliance requests, and process mapping or procedures.
• Jointly with his/her team, act as both leader and contributor to identify opportunities for TPRM process improvement, workflow streamlining, or remediation, and works collaboratively with partners in head office Corporate/Control Functions, local TPRM 2nd line in countries, TPRM Operations, Governance, and Product Ownership, first line and Internal Controls and other stakeholders to design and successfully implement scalable solutions, enterprise-wide.
• Acts as a subject matter expert regarding operational enhancements, process streamlining initiatives, and operating model modifications, and participates as, required, to support Audit and regulatory reviews, system and reporting enhancements, and other requests as appropriate.
• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
• Champions a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment, communicating vison/values/business strategy and managing succession and development planning for the team

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

10+ years proven governance, risk management, process engineering and/or vendor management experience in Financial Services industry • Undergraduate degree in Business, Finance, Engineering; MBA, CRM certification or other Graduate Program in related discipline would be an asset. • Advanced understanding of the regulatory landscape with respect to third party risk. • Experience in leading dynamic and multifaceted projects. • Strategic thinking and strategic influencing skills. • Knowledgeable on regulation regarding operational risk, comfortable driving conclusions/insights from numerical indicators • Sound judgment, learning agility, and a high level of professional and personal integrity • Excellent communication (written and verbal) and interpersonal skills; a

What's in it for you?

• We have an inclusive and collaborative work environment that values curiosity & ownership, encourages pragmatic creativity (i.e. true innovation), and celebrates success!
• An inclusive working environment that encourages creativity, curiosity, and celebrates success!
• A rewarding career path with diverse opportunities for professional development
• Internal training to support your growth and enhance your skills
• Hybrid Work Environment
• A competitive rewards package that includes a base salary, a performance bonus, company matching programs on pension and profit sharing, paid vacation, personal & sick days, medical, vision and dental benefits that start from day one and much more!

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.