Director, Cybersecurity and IT Risk Management, Regulatory, Compliance, Audit & Issue Management
Requisition ID: 214337
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Leads and oversees the execution of the bank's second line of defense (2LoD) Cybersecurity and IT strategy and roadmap within Operational Risk / Global Risk Management (GRM) globally ensuring business strategies, plans and initiatives are executed/delivered in compliance with governing regulations, internal policies and procedures.
This role leads Cyber & IT Risk transformation activities, manages regulatory change management, and supports audit and regulatory activities. A deep understanding of cybersecurity frameworks, regulatory standards, and best practices is a requirement in the role to ensure the bank's Cybersecurity and IT posture is robust and resilient.
Is this role right for you? In this role, you will:
- Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Lead the implementation of a comprehensive Second Line of Defense (2LoD) cybersecurity and IT strategy, governance framework and IT maturity roadmap, ensuring alignment with the bank's security posture and resilience and regulatory requirements.
- Effectively partnering in Global Cyber and Technology Risk, Internal Audit and Regulatory Relations teams to ensure that regulatory examination requirements across second lines of defense are met. Collaborate with senior leaders in Global Cybersecurity and Technology to ensure integrated activities across regulatory remediation. Foster relationships with internal and external stakeholders, ensuring timely and effective communication with management.
- Oversee and support internal and external audits, including documentation preparation, auditor coordination, and addressing audit findings.
- Develop and uphold 2LoD cybersecurity and IT policies, procedures, and standards to ensure compliance and best practices.
- Ensure that remediation activities are traceable to root causes and regulatory responses in partnership with senior leaders.
- Review and challenge all regulatory submissions to ensure accuracy, validity, completeness, and alignment with internal Scotiabank policies, standards, and regulatory requirements.
- Identify areas for improvement through regulatory submission reviews, communicating issues, risks, and control gaps to the broader Second Line of Defense team and subject matter experts for targeted deep dives.
- Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Creates an environment in which their team pursues effective and efficient operations of their respective areas in accordance with 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 with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
- Builds a high-performance environment and implements a people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vison/values/business strategy; and managing succession and development planning for the team.
Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have experience with:
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What's in it for you?
- We have an inclusive and collaborative work environment that values curiosity & ownership, encourages pragmatic creativity (i.e. true innovation), and celebrates success!
- You'll get to work with and learn from an incredibly friendly and diverse group of accomplished leaders
- Access to thousands of online and in person courses so you can brush up on skills, or learn new ones
- Multiple career paths and innumerable progression opportunities. We hire you for your talent and not just for the job. We want to see you succeed not just in your role but in your career as a whole
- A competitive rewards package that includes a base salary, a performance bonus, company matching programs on pension and profit sharing, paid vacation, personal & sick days, medical, vision and dental benefits that start from day one and much more!
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.