Director, Transformation Lead, Credit Risk, Global Risk Management

Requisition ID: 211822

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

This role will significantly contribute to the success of Transformation Initiatives within Credit Risk.

The incumbent will support the EVP & Deputy CRO, occasionally acting as a designate, in developing and implementing strategies, and supporting cross-functional initiatives. This includes work directly related to the GRM Transformation Program, driven by the VP, Transformation Office (dotted-line reporting). The incumbent will be accountable for the delivery of the Transformation Initiatives for Credit Risk in accordance with the Transformation Management Office (TMO).

All responsibilities will include ensuring that all activities are conducted in compliance with governing regulations, internal policies, and procedures.

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

• In partnership with the EVP & Deputy CRO and SVPs and the GRM Transformation Management Office, support Credit Risk Leadership in fulfilling the strategic goals of the Transformation Program.
• Specifically,
  • Act as a trusted partner to the EVP & Deputy CRO, and Credit Risk leadership, to help define and review priorities, ensuring they are set up to achieve them.
  • Mandate supports the execution of outcomes from the external independent review (to strengthen 2nd line oversight), and the GRM Transformation Program.
  • Partner with appropriate stakeholders within Credit Risk to identify opportunities and provide thought leadership to drive efficiencies and consolidate disparate processes, in partnership with the GRM Transformation Office
  • Synthesize findings and presents clear recommendations and implementation plans to ensure impactful project outcomes.
  • Facilitate coordination between Credit Risk stakeholders to bridge silos and enable alignment across teams throughout all stages of development and execution; this includes identifying strategic communication opportunities.
  • Be accountable for defining the requirements/plans, and identifying SMEs for each Transformation Initiative for Credit Risk, ensuring appropriate reviews and approvals are in place, and with support from the SVP, accountable for the execution / completion of the specific projects within
  • Be accountable for project planning and execution activities (e.g. manages working group committees) for each Transformation Initiative for Credit Risk, providing sign off on business requirements and preparing submission of validation packages for QA and Internal Audit, etc.
  • Be accountable for communication of project plans, project status, etc. (including SteerCo materials) for each Transformation Initiative for Credit Risk and adheres to Transformation Office governance practices with support from Transformation Office PM
• Ensure timely engagement with relevant groups (e.g., within GRM, Finance, HR, Executive Support), as determined by implications of the change being introduced by transformation initiatives.

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

• Business degree required. Master's degree preferred.
• 10+ years of experience in the financial industry with particular emphasis in risk management
• The ability to demonstrate an enterprise mindset
• Strong analytical and problem-solving skills and ability to interpret results for the business/stakeholders and derive insight
• The ability to be proactive, self-directed, and able to work independently as well as collaboratively in a team
• Excellent oral and written communication skills and the ability to succinctly convey information to senior GRM audiences. Expected to facilitate/lead meetings.
• An intellectually curious mindset, with strong business judgment and strategic influencing/negotiating skills
• The ability to build and maintain collaborative networks of strategic contacts with the specific intent of fostering teamwork and future opportunities and partnerships

What's in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.

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.