Job Description

Requisition ID: 179836

We are committed to investing in our employees and helping you continue your career at Scotiabank.

Purpose

This Vice President will be responsible for leading and overseeing Treasury Technology globally ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies, and procedures.

Additionally, the Vice President, Global Treasury Technology is responsible for timely identification, development and implementation of new applications and technology solutions as well as the ongoing support of new and legacy applications. They work in a dynamic environment involving multiple dependencies and multiple business partners across Global Risk Management and Group Treasury. This includes managing numerous major multi-disciplinary global mission critical projects to meet business needs as well as regional and global compliance/regulatory requirements.

Accountabilities

• Lead a large globally distributed team of engineers, technical and business subject matter experts, business analysts, delivery managers and others to successfully develop, implement and support complex technology solutions for Group Treasury: Liquidity Risk, AML management and Money Market Trading, Cash Management and Balance Sheet management

• Build a high performance, winning culture and implements a talent strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment, communicating vison/values/business strategy and managing succession and development planning for the team.

• Act as a strategic advisor to executives in Treasury Technology & Liquidity Risk. Acquire and enhance knowledge of their business\'s strategies and policies, product offerings, regulatory requirements and rapidly evolving market environment to provide effective solutions and recommendations.

• Engineer best-in-class technology to support rapid pace of capital markets product lifecycle. Champion and early adopter within the bank of new technologies to improve velocity, scale and robustness.

• Direct operational support for business partners globally including new and existing product structuring, risk measurement and management, ad hoc queries and MIS, user training, and designing and implementing new systems or enhancements. This is made more challenging due to differences in time zones and the variation in the business lines.

• Drive technology advancement achieving operational efficiency and effectiveness across risk management and trading.

• Effectively manage and administer multiple large projects by preparing project budgets, plans, status reports and managing the personnel and staffing. This includes recruiting and maintaining top staff, keeping turnover low and ensuring staff maintain up to date knowledge on technological trends, business practices and the Division\'s business and technology strategies.

• Co-ordinate the preparation of the department budget including the identification of gaps in funding and skills to deliver on business line plans. Direct the on-going financial reporting of projects and operating budgets on a monthly basis.

• Directs day-to-day activities in a manner consistent with the Bank\'s risk culture and the relevant risk appetite statement and limits. Communicates the Bank\'s risk culture and risk appetite statement throughout their teams.

• Creates an environment in which the team pursues effective and efficient operations of respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.

• Overseeing and coordinating the IT aspects of their data domain to ensure integrity of source system data by ensuring existing IT processes and standards are maintained and followed.

• Acting as the domain\'s technology lead in working groups and councils for enterprise-level and cross-domain issues.

• Enables a culture that promotes, critical thinking, change leadership and includes sharing best practices at global scale.

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

• Effectively manage and administers units by preparing project budgets, project plans, status reports and reliably managing the personnel function. This includes recruiting and maintaining qualified staff, keeping turnover low and ensuring staff maintain up to date knowledge on technological trends, business practices and the Division\'s business and technology strategies.

• Communicates and incorporates the relevant risk appetite statement and risk appetite measures, in alignment with the Bank\'s risk culture, into activities that embed prudent risk taking into day-to-day management, planning and decision-making. Implements controls and processes to effectively identify, report and monitor risk. Ensures timely action is taken to effectively manage and mitigate risks, including prompt escalation of breaches of management limits or risk appetite measures as per established processes.

• Creates a responsive, outcome-oriented environment in which the team pursues effective and efficient operations of their respective areas, ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.

• Builds a high-performance environment and implements a people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vison/values/business strategy; and managing succession and development planning for the team.

• Accountable for proactively managing and providing oversight to Cyber and IT risks in accordance with the Technology Policies, including Cyber and IT Risk Policy, Cyber Security and Information Security Policy, Availability and Resiliency Policy (e.g., identification, assessment, and responses of IT risks).

• Proactively engages with Cyber and IT Risk Management functions to implement and apply enterprise Cyber and IT Risk management processes, methodologies, and proactively reduces risk and stay below appetite for establishes Cyber and IT Risk thresholds.

• Accountable for communicating key areas of risk to the businesses supported and actioning their resulting decisions.

Education / Experience

• Master\'s Degree is highly preferred in one of the following areas: Business Administration, Finance, Math, or Computer Science.

• knowledge of Regulatory, Compliance and Risk Management matters supporting large global organizations.

• Understanding of mathematical modelling approaches and techniques especially as related to Banking (credit scoring, derivative pricing and capital markets risk calculations).

• Specific knowledge of Wholesale Banking Including trading and lending businesses, and the regulatory environment in which they operate.

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.

Note: All postings in me@Scotiabank will remain live for a minimum of 5 days.

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