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internal audit services manager
Title posted on CareerBeacon - Manager, Non-Financial Risk
Posted on November 06, 2024 by Employer details Scotiabank
Job details
Requisition ID: 210196Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Role Contributes to the overall success of the Global Regulatory Operations & Internal Controls ? Non-Financial Risk team ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Is this role right for you? In this role you will: Third Party Risk Management (TPRM) and Contract Management (ICERTIS): Identify risk from third party arrangements and assessed in an objective manner to consistently quantify and qualify the amount and types of risks posed by the arrangement and its impact to the Bank. Provide support to the business unit/corporate function units in the completion of third-party risk assessments (TPRM) and contract management (ICERTIS) requirements, in compliance with Global policies and procedures. Provide clarity on training and communication of risk management processes and technology enhancements. Provide guidance with respect to engagement with Control Function(s) to ensure compliance with regulatory standards. Provide support to the business in addressing second line challenge during risk (re)assessment and issues/incidents management Provide analysis and insights on third party supplier risk across Global Operations. New Initiative Risk Assessment (NIRA): work collaboratively with business units (1A) and its key internal partners to identify, assess, monitor and report significant operational risks and controls through the NIRA Methodology; which is one of the elements of the Operational Risk Management Framework and sets out the principles and high- level requirements related to managing risks in Initiatives, including those related to the identification, assessment, monitoring and reporting of risks, in line with the Bank's risk profile. NIRA related activities include: Act as 'gatekeepers' to ensure proper completion of the NIRA process from Screener to Initiative closure Provide guidance to Initiative Sponsors throughout the life of an Initiative Provide advice and counsel to the Initiative Sponsor on risk assessment and risk management activities Liaise with 2A Operational Risk, Control & Support Functions, and the New Initiative Risk Review Committee as required Risk and Control Self-Assessment (RCSA) Program: work collaboratively with Sr. Managers NFR and key internal partners to identify, document and assess significant operational risks and controls through the RCSA Program, which is conducted on business units and/or key processes. RCSA related activities include: Managing the RCSA preparation process by coordinating meetings and setting up and monitoring timelines. Coordinating the information gathering during the assessment phase. Collaborating with the business units and key internal partners in the identification of key operational risks and control gaps. Conducting due diligence and research to assess key risks raised by the business units. Preparation of the RCSA Report for Senior Management; and, Documenting the RCSA artifacts in Operational Risk Management System (ORMS). RCSA and Scenario Prioritization and Planning: Help the business units in the completion of the annual RCSA prioritization exercise and RCSA Plan for the upcoming fiscal year. Related activities include: Working with Global Operations units to complete the required prioritization templates Working with Global Operational Risk (GOR) in their review and challenge of the RCSA Scenario Prioritization templates and Plan Documenting rationale where required and the necessary approvals from Global Operations units for the RCSA Scenario Prioritization templates and Plan Action Plans Monitoring: track and monitor completion of action plans; providing guidance to business units on completion of action plans following guidelines given by Sr. Manager NFR. Non-Financial Risk Reporting: Related activities i- LocationToronto, ON
- Workplace information On site
- SalaryNot available
- Terms of employment Permanent employmentFull time
- Starts as soon as possible
- vacancies 1 vacancy
- Source CareerBeacon #2122483
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