Senior Manager, Data and AI Risk Job at Scotiabank, Toronto, ON

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Job Description

Requisition ID: 173171

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


Are you passionate about data and risk management? Are you looking for a ambitious role in an emerging and exciting field? Join a driven team that focus on results, in an inclusive and high-performing culture.


The Data and Artificial Intelligence Risk (DAIR) team is looking for a highly driven change agent who demonstrates integrity, drive and courage to lead the design and execution of the DAIR management program plan.


As a member of the team, you will be responsible for driving data and AI risk related oversight activities and have opportunity to work with a collaborative team of inspiring professionals to help deliver the Enterprise DAIR Program objectives.


What you'll do in this role?


  • Assist the development and implementation of the Data & AI Risk Program Plan and associated activities in the assigned North American and/or International Scotiabank business unit(s), and/or subsidiaries
  • Provide expertise and advice to the first line of defense on the design and best practices of effective Data & AI Risk controls, metrics, compliance, and risk mitigation
  • Identify opportunities and execute enhancements to the data risk oversight practice
  • Drive the development and delivery of communication strategies for new processes and procedures
  • Develop strong partnership with other risk functions and business partners to provide professional advice and guidelines for data and AI risk mitigation
  • Assess the effectiveness of data controls developed and implemented by the first line of defense
  • Lead the implementation of Risk Control Self-Assessments for data risk, initiative assessments or risk ratings
  • Lead effective challenge of assessments, review findings and conduct analysis of the remediation plans in a timely manner
  • Develop and maintain Data & AI Risk governance documentation (procedures, assessments, examining and reporting)
  • Assist in execution of the periodical and ad-hoc reporting to the Board, CRO, Risk Committees, including collection of metrics and creation of dashboards and reports
  • Exercise sound judgment in identifying, reporting, and escalating risks or issues to senior management
  • Foster an inclusive and collaborative team environment, and prioritize team’s goals
  • Champion a high-performance environment and contribute to an inclusive work environment


What we're looking for?

  • Post-Secondary education completed. Advanced degree preferred but not mandatory
  • 5+ years experience in data management, data governance, internal control, risk management, compliance, audit and/or related areas
  • Excellent communication (verbal and written), presentation and facilitation skills
  • Experience working within the financial services industry preferred
  • Strong analytical and pragmatic problem-solving skills
  • Adaptability and ability to manage ambiguity
  • Curious and proactive learner able to solve complex problems, multi-task and manage changing priorities
  • Knowledge of Data Management best practices and concepts (e.g., maturity models, data quality, metadata, financial data reconciliation, data lineage, data glossaries, etc.)


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. 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.

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