Requisition ID: 216651
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Role

The Senior Manager, Third Party Risk Management is responsible for supporting the Enterprise Crisis & Business Continuity function with directing, implementing and overseeing the integration of effective end-to-end management and governance of Third Party Risk. The incumbent is responsible for providing independent oversight and challenge to first line procurement activities and for implementing the methodologies, policies, process, and tools in accordance with the global Third Party Risk Management Framework. The Third-Party Risk Management function works as part of the larger enterprise business continuity program, providing direction for overall third-party requirements. The Senior Manager, Third-Party Risk Management, will work closely with the Director, Enterprise Crisis, Business Intelligence and Business Continuity Risk on the management and sustainment of a comprehensive enterprise-wide global Third-Party Risk Management control function program.

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

• Develop, coordinate, and execute quality reviews and effective oversight processes. Execute risk-based engagement and monitoring consistent with the Third Party Risk Management Framework, regulatory guidelines, and other relevant enterprise-wide policies
• Implement new global risk assessment tools relevant to the identification of third party inherent risk and residual risk profiles.
• Create and continuously improve third party risk management standards
• Supporting the Director in managing regular meetings with key stakeholder groups to support program operation and development as appropriate
• Preparing and analyzing reports related to third party risk management metrics with the intent of improving the overall effectiveness of Third-Party Management
• Oversee the review of all applicable new and existing contract reviews to ensure key Business Continuity controls are being met by third-party suppliers.
• Coordinate and document end-to-end process flows and training material
• Supports the Global TPRM program deliverables as they relate to Business Continuity, including:
  • Active participant in Global TPRM meetings and deliverables
  • Executing risk-based engagement and monitoring consistent with the Program, regulatory guidelines, and other relevant enterprise-wide policies.
  • Providing subject matter expertise on scope and requirements of the project deliverables, while understanding current state gaps and pain points
• Develops communications and training materials to ensure effective implementation of new application and/or processes. Delivers training and education to business line and support function stakeholders to continuously improve TPRM program success.
• Provide leadership, guidance and HR related activities to direct reports
• Builds strong relationships with internal business partners and external peers to achieve goals.
• Understanding how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Championing a high-performance environment and contributing to an inclusive work environment.
  

Do you have the skills that will enable you to succeed in this role? – We'd love to work with you if you have:

• Undergraduate degree, preferably in a business-related course.
• 5 years' relevant experience in business continuity, risk management or third-party risk management
• Ability to prioritize against many competing interests in an environment of constant change
• Flexible and creative thinker with the ability to define business trade-offs, generate out-of-the-box solutions and manage uncertainty; proactively identify and solve complex problems impacting management and business direction
• Must be fluent with Microsoft tools, especially Excel
• Excellent communications – written and verbal
• Excellent collaboration and influencing skills

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.