Requisition ID: 233240 Salary Range:  180,000.00 - 301,500.00 Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

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

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!  We work together to drive ambition for every future!

Purpose

Responsible for the oversight and execution of the U.S. Risk and Control Self-Assessment (RCSA) Program, ensuring effective identification, assessment, and mitigation of operational risks across relevant business lines and support functions. This role plays a critical part in strengthening the firm’s risk management framework by driving consistency, regulatory alignment, and continuous improvement in control effectiveness.

What You'll Do

We are hiring a seasoned leader with deep expertise in Global Capital Markets and Corporate Investment Banking, offering strong business acumen and a comprehensive understanding of financial products and end-to-end processes. Demonstrated success in building and enhancing risk and control frameworks from the ground up, with a proven track record in executing Risk and Control Self-Assessments (RCSAs) and managing complex regulatory engagements.  In addition, this role will be expected to collaborate across the Global Internal Control team, especially the US Internal Control leadership team.

People Leadership Proven ability to lead and develop high-performing teams across in-person, remote, and hybrid environments. Fostered a culture of accountability, collaboration, and continuous improvement by aligning team goals with broader organizational objectives. Skilled in coaching and mentoring team members to strengthen capabilities in risk management, control execution, and stakeholder engagement. Effectively managed team dynamics during high-pressure regulatory reviews and audits, ensuring role clarity and timely delivery. Promoted diversity of thought and inclusive leadership, encouraging open dialogue and constructive challenge to enhance decision-making.

RCSA Execution & Oversight Led the design, development, and implementation of the RCSA framework across all SBUS business lines, technology, and support functions (Legal, HR, Finance, Operations). Provided hands-on oversight of RCSA activities, ensuring alignment with operational risk policies and regulatory expectations. Partnered with senior leadership to enhance RCSA methodologies, incorporating scenario analysis, internal/external loss events, and emerging risk themes. Collaborated across the three lines of defense to ensure comprehensive and consistent execution of risk assessments. Developed and maintained a centralized risk and control library, with governance over change management and policy updates. Supported regulatory and audit examinations by coordinating timely and accurate responses to information requests. Worked closely with technology teams to assess IT and data-related risks, including third-party dependencies and business continuity planning.

Leadership & Communication Demonstrated strong leadership across both in-person and hybrid teams, fostering accountability and high performance. Skilled in tailoring communication for diverse audiences, including senior leadership and regulators, with a focus on clarity and impact. Known for driving accountability through thoughtful challenge and strategic influence.

Collaboration & Influence Proven ability to collaborate across the three lines of defense, ensuring alignment and consistency in risk practices. Influences key stakeholders by applying industry best practices and developing compelling business cases for risk and control initiatives.

Additional Highlights Hands-on expertise in executing RCSAs within the First Line of Defense, including direct oversight responsibilities. Deep understanding of non-financial risk, control, and regulatory requirements specific to Capital Markets business lines. Extensive experience in operational, compliance, and business matters across SBUS Capital Markets, ensuring high-quality execution of risk assessments. Proactively identifies opportunities to improve controls and streamline processes, while managing ad-hoc requests and special projects.

What You’ll Bring

Bachelor Degree or Master Degree, preferably in Finance or Business related fields Minimum of 15 years of experience in financial services, with a focus on Global Capital Markets and Corporate Investment Banking. Strong understanding of financial products, front-to-back processes, and business operations. Proven leadership in executing Risk and Control Self-Assessments (RCSAs) and building risk and control programs from the ground up. Deep knowledge of operational risk frameworks, including scenario analysis, issue management, and operational risk events. Demonstrated experience working with regulators and internal audit, particularly in remediation and oversight contexts. Skilled in managing technology and vendor risk, including IT systems, third-party oversight, and business continuity planning. Experience developing and maintaining risk governance tools, such as control libraries, policies, and procedures.

Interested?

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs. Location(s):  United States : New York : New York City 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.