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TT
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Manager, Business Risk Management
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Hybrid working environment with a minimum of four (4) days per week in office
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Scotiabank

Manager, Business Risk Management

Toronto, ON, M5H 0B4, Canada

Apply on jobs.scotiabank.com About employer

Applications open in a new tab.

Job details

Apply by: Nov 27, 2026
Work location: Hybrid working environment with a minimum of four (4) days per week in office
Posting language: English
Posted: Nov 13, 2026

Original job description

Requisition ID: 279221

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

Purpose:

The Manager, Business Risk Management (BRM), will play a critical role in strengthening risk management practices and supporting business units across Global Wealth Management (GWM). This role will lead GWM’s first-line testing and monitoring activities, manage Audit and management self-identified issues, and support the governance and oversight of program initiatives.

Is this role right for you? In this role, you will:

Build strong working relationships across Global Wealth Management by partnering with business units, Compliance, Audit, Operations, Technology, Data and other control functions to understand requirements, resolve barriers and align testing activities.
Oversea testing engagements from planning and scoping through execution, quality review, reporting and closure, reviewing workpapers, evidence, findings and reports to ensure conclusions are accurate, complete, consistent and supported before they are shared with stakeholders or management.
Supports GWM BRM’s Electronic Communications monitoring program. The role supports regulatory and industry requirements while performing data analysis and testing across GWM.
Assess results across engagements to identify recurring issues, emerging risks, trends, and opportunities to strengthen the control environment.
Lead stakeholder discussions on findings, risk impacts and required corrective actions, ensuring concerns are clearly understood and supported by evidence.
Partner with issue owners to develop practical remediation plans, monitor progress, assess closure evidence, and support sustainable issue resolution.
Maintain clear and timely reporting on progress, findings, remediation status and escalations
Maintain expert knowledge of Wealth Management processes, policies, products and regulations related to non-financial risk (incl. AML/ATF & Sanctions).
Contribute to the development, and continuous improvement of handbooks, standard operating procedures, test plans, methodology, and schedules.
Deliver or coordinate training, knowledge-sharing and practical guidance for testers and business partners.
Lead or support ad hoc, special and focused reviews and other BRM initiatives as required.

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

5+ years of experience in financial services, with relevant experience in business risk management, monitoring and testing, compliance, audit, quality assurance, or issue management.
Post-secondary education, preferably in Business Administration, Accounting, Finance, Risk Management, or related fields.
Thorough knowledge of Anti-Money Laundering (AML) policies and procedures, system applications, operations and support functions.
A thorough knowledge of Wealth Management delivery channels, products, benefits, services, operations and regulatory requirements is an asset.
Practical experience developing or applying testing methodologies, procedures, test plans, sampling approaches, workpapers and reporting standards.
Experience overseeing testing or assurance engagements and reviewing work for quality, consistency and evidence-based conclusions.
Knowledge of Global Wealth Management businesses, products, delivery channels, operations, systems and regulatory obligations is an asset.
Working knowledge of applicable regulatory expectations governing bodies including AML/ATF, OSFI, OSC, and CIRO.
Experience working with business and control partners to define corrective actions, assess remediation evidence and support issue closure process.
Strong analytical and critical-thinking skills, with the ability to connect individual findings to broader risks, trends and business impacts.
Excellent written and verbal communication skills, including the ability to prepare concise reports and present complex information clearly to different audiences.
Strong planning and organizational skills, with the ability to manage multiple engagements, priorities and dependencies in a changing environment.
Experience with data, workflow, testing, or reporting tools is an asset.

Behavioral Competencies

Critical Thinking - Ability to assess information objectively, evaluate evidence, identify risks and issues, and draw sound conclusions.
Attention to Detail - Ability to review documentation, data, and evidence thoroughly and accurately while maintaining a high standard of quality and consistency.
Stakeholder Management - Ability to build and maintain effective working relationships with business partners, management, and control functions across the organization.
Influence and Collaboration - Ability to communicate concerns, facilitate productive discussions, provide constructive challenge and influence positive outcomes while working collaboratively with stakeholders.

Work Arrangement:

Hybrid working environment with a minimum of four (4) days per week in office
Location: Toronto, Ontario, Canada.

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 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.

Apply on jobs.scotiabank.com About employer

More about this job

Responsibilities

The Manager of Business Risk Management will lead first-line testing and monitoring activities while strengthening risk management practices across Global Wealth Management. They will also partner with business units to resolve issues, assess emerging risks, and ensure regulatory requirements are met.

Requirements

Candidates must have 5+ years of experience in financial services, specifically in risk management, compliance, or audit. A post-secondary education in a relevant field such as Business, Accounting, or Finance is required.

Skills

Business Risk Management
Compliance
Audit
Testing And Monitoring
Data Analysis
Anti-Money Laundering
Wealth Management
Risk Assessment
Stakeholder Management
Critical Thinking
Issue Management
Quality Assurance
Regulatory Compliance
Reporting
Project Governance

Visa sponsorship

Not detected in the job text

Keywords

Business Risk Management
Global Wealth Management
Compliance
Audit
Testing
Monitoring
Anti-Money Laundering
AML
ATF
Sanctions
OSFI
OSC
CIRO
Risk Assessment
Quality Assurance
Issue Management
Data Analysis
Regulatory Requirements
Stakeholder Management
Critical Thinking
Financial Services
Governance
Reporting
Remediation
Control Environment

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Work requirements

Jobs in Canada