Requisition ID: 254051

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

Senior Manager, Business Risk Management, Regulatory, Global Wealth Management

Purpose
Contributes to the overall success of the Business Risk Management, Global Wealth Management in Canada ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

What You’ll Do:

• Champions a client‑focused culture by understanding GWM product offerings, advisor practices, suitability requirements, and the broader Wealth ecosystem, allowing for deeper client relationships and stronger alignment with enterprise capabilities.
• Supports 1st Line Non-Financial Risk Management Programs across GWM, including Privacy, Anti‑Bribery & Anti‑Corruption, Conduct Risk, Conflicts of Interest, and Regulatory Compliance, while considering nuances specific to Wealth businesses such as advisor behaviour, client suitability, fiduciary expectations, and product distribution risks.
• Supports 2nd Line compliance programs, such as the Regulatory & Controls Library, Compliance Risk Control Assessments, Issues Management, and regulatory change management—ensuring Wealth business units can understand, prioritize, and operationalize regulatory requirements impacting advisory practices, product governance, operations, and client servicing.
• Provides ongoing support to GWM business units in identifying, assessing, escalating, and tracking regulatory issues, compliance testing results, audit findings, regulatory exams, and commitments—ensuring timely resolution and sustainable control improvements across platforms such as Wealth Management, Asset Management, Private Banking, and ScotiaMcLeod.
• Contributes to GWM projects and transformation initiatives, analyzing and optimizing internal control models, business processes, and operational structures to strengthen risk mitigation—particularly in areas such as client onboarding, KYC refresh, suitability, trading/supervision workflows, and regulatory reporting.
• Collaborates closely with GWM counterparts to share best practices, break down operational silos, and ensure consistency in risk approaches, policies, and frameworks across the diverse Wealth businesses in Canada.
• Maintains expert-level awareness of Wealth industry trends, regulatory developments (e.g., CIRO, OSC, AMF), market conduct expectations, client‑focused reforms, and evolving investor protection standards—integrating these into day‑to‑day risk practices.
• Applies the Bank’s Risk Appetite and Risk Culture to daily decisions, ensuring balanced consideration of client outcomes, regulatory obligations, operational integrity, and reputational impacts.
• Actively supports efficient and effective operations while ensuring adherence to Scotiabank’s Values, Code of Conduct, and Global Sales Principles, and ensuring strong controls are in place to meet obligations relating to operational risk, compliance risk, AML/ATF/sanctions, conduct risk, advisor supervision, and client suitability.
• Champions a high‑performance and inclusive culture, fostering collaboration, professional accountability, and continuous improvement within the Wealth risk environment

What You'll Bring:

• University degree and significant related experience in financial services.
• Strong understanding of wealth management businesses, including products, services, operations, systems and practices.
• Strong knowledge of regulations and policies & procedures impacting wealth management businesses.
• Ability to drive success in a high performing, flexible team environment.
• Ability to effectively work with and influence stakeholders to implement initiatives.
• Experience with providing insights to and interacting with the business.
• Excellent communication and writing skills

Work Arrangement:

• Work in a standard office-based environment; non-standard hours are a common occurrence. Limited travel globally.

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.

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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.