Requisition ID: 225514
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose:
The Manager reports to the Senior Managers while operating in a team-based environment within Business Banking Credit Risk (BBCR). The role supports BBCR's strategic vision by ensuring its governance framework aligns with global regulatory requirements and risk management best practices. The Manager monitors regulatory developments, assesses their impact, and supports compliance strategies that enhance risk governance.

Accountabilities:

• Contributes to a risk-aware culture that prioritizes strong governance, regulatory compliance, and proactive risk management across Business Banking Credit Risk, fostering collaboration and leveraging broader Bank relationships, systems and knowledge.
• Participate in conducting a thorough regulatory review of policy governance in Business Banking Credit Risk across all business lines to identify gaps and potential gaps.
• Monitors and interprets evolving regulatory landscapes to ensure the bank is proactively aligned with local/global regulations.
• Partners with all relevant stakeholders, including risk management teams, legal, and compliance, to assess the impact of new regulations and ensure the timely implementation of necessary changes.
• Maintains in-depth knowledge and understanding of applicable regulations related to BBCR across relevant jurisdictions.
• Contribute to establishing a policy governance framework to ensure policies are reviewed, updated, and established with appropriate oversight and in adherence to the governance framework and schedule.
• Creates an environment in which their team pursues effective and efficient operations of their respective areas by 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 concerning operational, compliance, AML/ATF/sanctions and conduct risk.

What we're looking for:

• Post-Secondary Education completed, preferably in Finance, Business Administration, or related experience
• 2+ years of experience in regulatory affairs, compliance, and business banking credit risk.
• Understanding of regulatory requirements specific to Business Banking Credit Risk, including capital adequacy, risk governance, and credit risk management regulations issued by key regulatory bodies.
• Experience in governance, regulatory compliance, and policy oversight.
• Strong knowledge of the Bank's policies, procedures, and audit disciplines, as well as its business lines and operations.
• Exceptional verbal and written communication skills, with the ability to engage and influence stakeholders at various levels.
• Strong analytical and problem-solving skills, with keen attention to detail.
• Excellent teamwork, interpersonal and conflict resolution skills
• Proficiency in Microsoft Office Suite (PowerPoint, Excel, Word, SharePoint), data analysis tools (e.g. PowerBI), policy analysis tools (e.g. OpenPages, LexisNexis, ClauseMatch) and experience with workflow and project management tools
• Ability to manage shifting priorities in a fast-paced, agile environment, ensuring deadlines and regulatory expectations are met.

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.