Scotiabank · 1 day ago
Managing Director, GTB Business Risk Management
Dallas, TX
Full-time
Onsite
Director/Executive
$255K/yr - $423K/yr
15+ years expScotiabank is seeking a Managing Director for GTB Business Risk Management to provide strategic direction and oversight for non-financial risks in Global Banking and Markets. The role involves leading a customer-focused culture, ensuring compliance with regulations, and managing strategic initiatives to safeguard the Bank's assets and reputation.
BankingFinanceFinancial Services
Responsibilities
Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge
Provides oversight to the implementation of controls, systems and processes in the business line to enable the implementation of an effective non-financial risk program in the business line
Ensures the ongoing monitoring of the fulfilment of all internal control responsibilities by the business line, from both a process and systems perspective:
Providing oversight and direction to the Business Line leads and those functions executing controls on behalf of the business line
Ensuring that the business line programs cover all aspects of the Bank’s 1st line of defense for non-financial risk in three lines of defense oversight model
All in support of an effective and efficient program to ensure a compliant and prudent business and thus to safeguard the assets and reputation of the Bank
Maintains oversight of strategic roadmap for functional initiatives that impact Global Banking and Markets through:
Overseeing and managing interdependencies
Engaging / directing executive-level stakeholders to ensure effective execution of strategic initiatives
Acting as check-and-balance to the business and advising on the prioritization of competing strategic priorities (e.g., cost transformation vs. customer-focused investment)
Ensuring projects and related outcomes align to compliance requirements and the Bank’s values
Provides direction, guidance and oversight on the implementation of global compliance and AML policies, procedures, and infrastructure within the business line. Ensure the Bank’s procedures and controls related to such policies are:
Consistent with best practice and are adhered to by the business lines
Enable the identification, assessment and control of appropriate risks across the business line’s clients, products and services, countries and combinations thereof
Identifies and remediates business line internal control program deficiencies in a manner consistent with all-Bank remediation plans:
Developing risk based remediation plans
Overseeing the implementation of remediation plans and report to both Executive Management and the CAMLO on the same
Ensures all legal entities are supported by adequate resources to effectively execute on first line controls
Embeds all elements of the risk appetite statement and risk appetite measures into activities so as to:
Embed prudent risk taking into the risk culture and day-to-day management of risk and ensures alignment between the approved risk appetite, planning and decision making
Implement controls and processes to be able to effectively identify, monitor and report against allocated risk appetite measures; and
Act in a timely manner to ensure effective management, and where necessary mitigation, of material risk exposures, in particular those that are close to or exceed the approved risk appetite statement and/or risk appetite measures, and promptly escalate breaches in risk appetite to Global Risk Management
Creates an environment in which his/her team 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
Builds 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
Qualification
Required
Requires a bachelor's degree in a related discipline
The position requires 15 years of relevant experience at a senior level preferably in a global financial institution
Expert knowledge in regulatory compliance, securities & derivatives trading businesses, AML/ATF, Sanctions, OSFI guidelines
Preferred
Law Degree or CPA is an asset
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
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