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About Enterprise Risk Management
Enterprise Risk Management (ERM) ensures key organization-level risks are identified and are mitigated through the development, implementation, and management of enterprise risk frameworks, appetites, key policies, controls, and risk reporting. In addition, ERM provides independent challenge and advice and counsel to business lines and subsidiaries on these enterprise risks.
Purpose The Recovery & Resolution team is responsible for the continuing enhancement of the Bank's Recovery and Resolution Plans, undertaking testing programs and providing advice & counsel to subsidiaries to ensure cross-jurisdictional consistency.
The Director, Recovery & Resolution Plan Editor is accountable for developing and maintaining the Plans with a focus on strengthening capabilities and enhancing our resilience to possible financial crises.
Provides advanced analyses and content development related to the submission of the Bank's Plans
Development of related Recovery and Resolution Playbooks as well as executive summaries for Senior Management and regulatory review
Liaise with, and provide an enterprise perspective to all Business/legal entity/functional areas across the Bank involved in the development of the Plans
Reviews and finalizes the Plans in close collaboration with the VP RRP, Director Recovery Planning and the Director Resolution Planning
Ensures accuracy, alignment and cohesion within and across the Resolution and Recovery Plans
Development of summary reports/presentations for Senior Management review and approval.
Oversees a change management process to ensure that relevant organizational and operational changes, as well as the results of recovery and resolution testing activities are reflected in the Plans in a timely and effective manner.
Ownership/oversight of the process related to the aggregation/annual updating and submission of the Plans
Ongoing understanding of current as well as emerging trends across the industry/regulatory environment.
Strong problem-solving ability, including implementing solutions in response to regulatory changes and guidance
Strong knowledge of the Bank's organizational structure and operations
Thorough knowledge of Canadian Financial sector regulation
Knowledge of CDIC guidance on Resolution Planning and OSFI requirements on Recovery Planning considered a strong asset
Undergraduate degree in Business or Communications
Postgraduate degree in Business or Communications is preferred
7+ years of experience in financial services, investor relations, and/or similar regulatory reporting responsibilities
Previous experience in large scale/multi-stakeholder projects including the ability to , educate, coach and or persuade a wide variety of constituents is considered an asset.
Previous experience in recovery and resolution planning is considered an asset.
Previous involvement in the preparation of high-profile regulatory documents and/or interaction with regulators is an asset
Location(s): Canada : Ontario : Toronto As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. 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.