Director Technology Regulatory Management

Is this role right for you?

In this role you will:

• Provide global support for ensuring the Bank meets its technology obligations in all jurisdictions.
• Ensure OSFI regulations and Canadian Provincial regulations related to Technology and Cyber Security are met (e.g. OSFI B-13 compliance tracking)
• Ensure timely horizon scanning, analysis, assessments and implementation for new or amendments to regulations impacting technology (Canada/Global)
• Maintain ongoing awareness of new and emerging regulatory guidelines, publications, and requirements relating to all aspects of Cyber and IT Risk.
• Help address requests / coordinate responses / prepare regulatory reports and updates as required e.g., CROC, ROC report, Technology Regulatory Forum, Technology Risk Committee, Consultations and Advocacy Working Group, Corporate Functions Compliance, etc.
• Track and update regulatory issues, monitoring compliance issues, on-site reviews, and requests for information (RFIs)
• Ensure quarterly Regulatory Compliance and Risk and Control Assessments and all Canadian regulatory attestations are completed (e.g. SOX, RDARR, CFCPF)
• Assess, implement and lead remediation efforts required by technology regulatory changes that impact the Bank.
• Lead, assess, and implement all compliance initiatives including all pillars of the Regulatory Compliance Management (RCM) program and compliance transformation, and activities required for implementation of conduct risk, risk culture, privacy risk policies, records and information management and associated policies and frameworks.
• Track remediation of compliance gaps and report at appropriate committees and councils including Technology Risk Committee, Cyber & IT Risk Committee, and Control and Support Functions Core Risk Committees.
• Perform annual updates as needed on the Technology Regulatory Management Operating Procedures.
• Support the VP, Internal Controls & Regulatory Management and coordinate interactions with regulators in other jurisdictions on compliance risk related matters
• Set the structure through which the mandate of the Technology Regulations is met and secure the means of attaining the mandate.
• Lead and drive a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Ensure alignment of technology regulations, with Global Compliance policies and other enterprise policies and standards and the implementation of operational changes to align with policy amendments and regulatory changes, as required.
• Be responsible for the oversight and day to day management of all technology regulations; overseeing the interactions of the functions with senior management and other business line management.
• Represent Technology on senior committees related to Technology regulatory activities.
• Be responsible for providing oversight for Technology Regulations for the Bank, its key subsidiaries and affiliates by working closely with the 2nd Line of Defence (LOD), 3rd LOD, and Global Compliance Business Line Compliance teams.
• Direct 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 compliance and risk appetite statement throughout their teams.
• Create an environment in which their team pursues effective and efficient operations of their respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to Technology Regulatory Regimes, requirements, defined procedures and frameworks, handbooks, and the Guidelines for Business Conduct.
• Build a high-performance environment and implements a people 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.
• Maintain detail tracking and dashboards and reports for ensuring Regulatory Compliance Management functions.

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

• University certification
• Experience in Risk Management in Banking or Financial Services Industry
• Knowledge of the Technology regulations globally
• Knowledge of Compliance, Privacy, Conduct Risk, Culture Risk, SOX, AML and KYC policies
• Strong executive presence and ability to influence
• Excellent written and verbal communication skills
• Ability to manage multiple tasks under tight timelines

What's in it for you?

• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employee to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - 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. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
• Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
• Competitive Rewards program including bonus, flexible vacation, personal, sick days and benefits will start on day one.
• Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, Humans of Digital and much more!