Job Description

Requisition ID: 162274

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

Purpose

Contributes to the overall success of the Vendor Management team within the Retail Product Controls & Regulatory Support Internal Controls Organization in Canada ensuring business strategies, plans and 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 third-party management policies and procedures.

Key Accountabilities

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

• Relationship manager for assigned vendor relationships that support Retail Banking objectives. Includes regular liaison with vendors, internal business and corporate functions to maximize vendor relationships to meet strategic objectives.

• Manage to and ensure adherence against Scotiabank Third Party Risk Management policy and procedures ensuring all due diligence requirements are met for assigned vendors.

• Manage all aspects of the vendor relationship which includes vendor onboarding/ offboarding, regular contract lifecycle management, project management, issue and SLA management.

• Ensure appropriate financial oversight for assigned vendors that includes forecasting, actual reporting, trend analysis, financial opportunity sizing to support business case development.

• Effectively prioritize multiple initiatives and work with business stakeholders and/ or external partners to drive structural cost transformation initiatives or identify opportunities for innovation to improve customer experience or processes.

• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.

• Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

• Champions a high performance environment and contributes to an inclusive work environment.

Education and Other Requirements

• Post-secondary degree in Finance, Economics or related field
• Previous experience in Vendor Relationship Management (min. 3-5 years)
• Previous experience in Third Party Risk Management ideal (3-5 years)

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 . 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.