Requisition ID: 226868
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

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

This is a 12-month contract position!

The Senior Manager – Climate Risk Oversight will be part of the ESG Risk team in Global Risk Management, reporting to the Director – ESG Risk Policy. The Senior Manager will work with the Director and the team to ensure that the Bank's exposure to climate risk is consistent with its risk appetite. This will be achieved by taking responsibility for the development, implementation and ongoing maintenance of the climate risk frameworks encompassing risk oversight & challenge, execution, communication, engagement and education. The Senior Manager is expected to be knowledgeable on climate change risk methodologies and standards insofar as they are relevant for the financial services industry. They will also be expected to be familiar with regulatory expectations including disclosure requirements and developing industry standards.

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

• Serve as the primary point of contact for team members on topics related to climate data needs and reporting for climate risk metrics.
• Develop and maintain the Bank's climate risk management program following regulatory requirements and connect outputs to the Bank's climate transition plan. This includes but is not limited to the development of frameworks and methodologies to identify, assess and measure the impacts of climate change risk across the bank's exposures.
• Maintain and expand the climate risk due diligence program within credit and connect outputs to the Bank's climate transition plan and enterprise stress testing program.
• Integrate the impacts of climate change risk into the risk management processes of other risk types.
• Expand 2nd line climate risk oversight across all business lines and corporate functions, as required.
• Enhance the governance, monitoring, and internal reporting of climate risk within Enterprise Risk (e.g., Climate Risk Dashboard).
• Inform executives on new and pending climate risk issues, regulations, and legislation.
• Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions. 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 contributes to an inclusive work environment.

Do you have the skills that will enable you to succeed in this role?

• Has an undergraduate and/or graduate degree.
• At least 5 years of relevant climate change/net zero experience.
• Experience in a risk or audit role at a financial institution would be considered an asset.
• Knowledge of climate change risks and their potential impact on financial institutions.
• Familiarity with climate risk management and reporting regulations, standards, and guidelines for the financial sector.
• Strong communication and relationship skills with a proven track record of engaging and presenting to stakeholders.
• Spanish language fluency would be considered an asset.

What's in it for you?

• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employee to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - 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. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
• Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
• Competitive Rewards program including bonus, flexible vacation, personal, sick days and benefits will start on day one.
• Dynamic Office - Fully equipped gym, showers, games room, bowling alley, micro market, free tea & coffee, universal washrooms, wellness rooms, and lots of space for team collaboration.
• Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, cooking with friends, Humans of Digital 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.