Requisition ID: 210831
Salary Range: 117,400.00 - 224,700.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!
Purpose
Develops and leads the end-to-end lifecycle of U.S. and global regulatory and business driven projects. The role contributes to the overall execution of strategic projects and involves strong leadership qualities to partner and influence senior leaders to improve controls and increase operating efficiencies. The role also entails reporting and administrative responsibilities (e.g., supporting the creation of board and steering committee materials, providing guidance to project managers and ensuring overall quality of the program).
Specifically, you will manage projects from inception through implementation including, scoping, and identifying key stakeholders, performing business analysis, establishing clear and achievable objectives, drafting project plans, managing the daily execution, reporting and controlling of project related activities, balancing competing demands for quality, scope, time and cost, and ensuring alignment with Head Office. Sample projects include Resolution Planning, Operational Resiliency, OTC Remediation/ CFTC initiatives, FRTB, and Security based Swap Dealer in support of regulatory findings.
What You’ll Do
- Customer Focus: Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
- Relationship Management: Builds strong relationships with Business Issue Owners and their respective teams to ensure messaging on projects reflects the true "state of the state", provide transparency on project status, and regularly post on issues that may impact their teams.
- Strategy Development: Define project and program management strategies and practices that support efficient and effective project delivery, while maintaining adherence to internal project management standards. Responsible for continuous improvement in project management practices.
- Program/Project Planning: Develops program plans and project plans. Establishes clear and achievable objectives, balances competing demands for quality, scope, time, and cost, and adapts specifications, plans and approaches to the different concerns and expectations of the various stakeholders.
- Project Lifecycle Management: Applies knowledge, skills, tools and techniques to program and project activities to meet business objectives through the application and integration of project management processes of initiating, planning, executing, monitoring, and controlling, and closing. Works with technical resources and subject matter experts and collaborates with stakeholders to ensure the program and project deliverable meets the objectives for which it was undertaken through effective demonstration of key project management knowledge areas through all phases of the project.
- Risk and Dependency Management: Conducts program and project risk management processes and establishes a program / project risk, issue, dependencies, and actions management plan. Implements risk mitigation processes to avoid Issues and perform ongoing planning, identification, risk and dependency analysis, risk response planning and risk monitoring and control procedures.
- Budget Management: If and when relevant, plans, estimates, budgets and controls costs to ensure assigned programs and projects are completed within the approved budget with minimal variance, using tools and reports to monitor and manage the program/project financial health.
- Resource Management: Organizes and manages project teams, functional leads, and where relevant, direct report resources, ensuring mentorship, coaching, and career planning. Proactively plan in order to estimate and acquire project resources, assign tasks and manage and hold accountable each resource on the team to the level of participation required.
- Drive Performance Culture: Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vision/values/business strategy and managing succession and development planning for the team.
- Continual Process improvement: Identify ways to continually improve the way the U.S. RBI team operates from an efficiency and effectiveness perspective as well as the firm at large
- Accountable for adopting Risk Culture and enforcing it within Team: Directs day-to-day activities in a manner consistent with the Bank's risk culture. Communicates the Bank's risk culture throughout their teams, inclusive of upholding the Bank's Code of Conduct. Actively pursues effective and efficient operations of his/her 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.
What You’ll Bring
- At least five years of relevant experience in management consulting and/or financial services and/or internal consulting functions within a complex financial institution, with a demonstrated history of executing the role's key accountabilities and evidencing subject matter expertise in business strategy, finance, risk and compliance, and technology.
- Minimum of a bachelor's degree in business, finance, or related field.
- Professional certifications, such as a Project Management Professional (PMP) certification or Six Sigma certification, a plus.
- Interpersonal leadership and influencing skills - ability to manage projects and to interact with colleagues at all levels to achieve goals without direct control over resources including a strong ability to prioritize issues and manage team capacity.
- Strong oral and written communication skills, with ability to effectively communicate with both technical and non-technical audiences at various levels within the organization.
- An outstanding ability to define and deconstruct problems, structure, and build quantitative and qualitative analytical problem-solving approaches, apply strong business judgment to surface implications and practical high impact options, and create concise communication materials and present findings to senior management.
- Experience in managing complex projects and initiatives across barriers.
- Understanding of banking products, services, operations, systems, practices, policies, organization, and infrastructure.
Work Arrangement
- Work in a standard office-based environment; non-standard hours are a common occurrence.
- The workload is demanding, subject to frequent lime pressure with a steady flow of project delivery commitments, both internal and external, which carry specific deadlines. Workload is subject to continual prioritization due to changes of incoming requests from regulators, internal departments.
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.
Location(s): United States : New York : New York City
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.
