Scotiabank · 3 weeks ago
Senior Manager, Operational Risk
New York, NY
Full-time
Onsite
Senior Level, Lead/Staff
$117K/yr - $225K/yr
10+ years expScotiabank is a leading bank in the Americas, committed to providing a broad range of financial services. They are seeking a Senior Manager for U.S. Operational Risk to oversee the execution of the Operational Risk Management Framework, focusing on risk assessments, operational risk events, and collaboration with senior management across business units.
BankingFinanceFinancial Services
Responsibilities
The candidate will be responsible for the ongoing execution of the U.S. Operational Risk Management Framework
The ideals candidate will have a strong background in RCSA as improving and managing the RCSA program will be a key focus initially
This role will also focus on managing operational risks associated with Mortgage Capital Markets, Cash Management, Fraud and Reputational Risk
The Operational Risk Senior Manager is accountable for management of complex and large disciplinary areas which requires comprehensive understanding of multiple businesses, processes, technology and how they interact
Applies in-depth understanding of business impacts to help manage operational risks
As a member of the second line of defense for Operational Risk in the U.S., the candidate will be responsible for providing strategic leadership and oversight of the bank’s operational risk management framework with special attention to RCSA program and developing risk management for new businesses such as Mortgage Capital Markets, Cash Management
The role involves collaborating with senior management to ensure effective risk management across all business units and corporate and support functions
The incumbent will be responsible for oversight of RCSA execution, support the Key Risk Indicators management, Issues Management, Operational Risk Events, New Initiatives, and providing support and guidance to the first line to manage operational risks
The senior manager will collaborate closely with the team's Director and Group Operational Risk team to identify and execute areas of improvement to strengthen the 2nd Line Operational Risk coverage
As the function evolves, the scope may expand to include other activities under Data Risk
Qualification
Required
A minimum of 10+ years' experience working in an enterprise risk role at a financial institution
Working knowledge of Capital Markets and current regulatory environment in the Financial Services industry
Expertise in RCSA, Control testing, Key Risk Indicators development and management
A university degree in business, related field, or equivalent experience
Strong communications, analytical, organizational, and project management skills
Ability to communicate clearly and effectively, both verbal and written with all levels including business units, Corporate Functions, Internal Auditors, management, and regulators
Strong team player who is open to listening, understanding, and collaborating with senior management when introducing new ideas and legislated policy recommendations for action or change
Ability to work independently within minimal supervision
Proven leadership and management skills with the ability to influence and collaborate with senior stakeholders
Excellent analytical, problem-solving, and decision-making skills
Strong communication and presentation skills. Able to distill complex concepts into clear, concise, and easily understandable communication for diverse audiences
Ability to work with large amount of data and use technical skills to build visualization and insights, such as PowerBI, Tableau, Excel charts, Pivot tables, SQL etc
Preferred
Advanced degree preferred
Benefits
Flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs
Company
Scotiabank
Scotiabank is a banking firm that provides banking and financial services.
10001+ employees
H1B Sponsorship
Scotiabank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (52)
2024 (55)
2023 (29)
2022 (38)
2021 (38)
2020 (15)
Funding
Current Stage
Public CompanyTotal Funding
$1.07B2024-04-17Post Ipo Debt· $1.07B
1972-03-01IPO
Leadership Team
Jabar Singh
President & CEO Scotiabank Colpatria (Colombia) & Head Central America & Caribbean
L.Scott Thomson
President and CEO
Recent News
Canada NewsWire
2025-12-24
Company data provided by crunchbase