Job Information
Scotiabank Senior Manager, Risk Controls, UK GRM - 12mth Contract in London, United Kingdom
Senior Manager, Risk Controls, UK GRM - 12mth Contract
Requisition ID: 202299
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose
Contributes to the overall success of the UK GRM ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.
Undertake and coordinate quality assurance (QA) reviews within the UK GRM, ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.
Accountabilities
Responsible for the quality assurance (QA) testing program for UK Risk team
Responsible for developing quality control policies and standards
Responsible for establishing, maintaining and monitoring KRIs/KPIs for UK Risk team
Manage the resolution of control weaknesses and implementation of improvements to ensure quality delivery, maintenance of the issues and improvements log
Responsible for the UK Risk RCSA
Ongoing assessment of department compliance to the applicable Bank policies and procedures
Responsible for the local Regulatory Compliance Programme:
Responsible for regulatory horizon scanning to capture all relevant publications of PRA, FCA,
Basel or other relevant bodies.
Coordinate continued maintenance and update of the enterprise repository for regulatory requirements and controls for the Risk Management Function.
Complete the quarterly Compliance Risk Control Assessment (CRCA) for the function and submit for review.
Other Control Activities – Development and administration of key control activities:
Preparing and updating SMF Living will.
Coordinate continued maintenance and update of Master Service Level Agreement and monitor as well as report KPIs, Service Level Agreements inventory.
Maintaining and updating UK Risk Charter.
Maintaining an inventory of all policies, framework, procedures and guidelines,
EUC framework compliance.
Maintaining all job descriptions.
Preparation of quality management information, including risk and controls assessment metric-based
dashboard for senior management review and resolution.
Advice the UK Operational Risk team with best industry practices.
Any other work efforts assigned by management.
Dimensions
Need to maintain a current awareness of regulatory requirements and industry best practices in risk management
Operate in a professional manner at all times.
Required to manage, prioritise and execute diverse activities and projects concurrently. Schedules are often influenced by changing priorities. The individual may adjust plans and schedules at short notice to meet changing conditions and deliver on priorities on a timely basis.
Due to the diverse and multi-disciplined nature of the position, the incumbent is required to maintain a very high degree of flexibility and co-operation as well as accepting responsibilities outside of the defined accountabilities.
Education / Experience
Extensive experience working in Operational Risk areas.
Good knowledge and experiences in conducting 2nd line reviews.
Organisational skills and attention to detail
Proven ability to multi-task and as a self-starter
Financial Services experience essential.
Skills
Good knowledge of Microsoft Excel, Word, PowerPoint and Visio
Excellent interpersonal and relationship-building skills to deal with all levels of staff
Strong communication skills both written and verbal
Ability to work independently
Location(s): England : Greater London : London
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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.