TPRM, Control Function Manager

Requisition ID: 224053

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


The role


Contributes to the overall success of the Business Continuity Management function globally, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.


The Third-Party Risk Management (TPRM) team works as part of the larger Business Continuity Management program, providing direction for BCM TPRM activities. Provides subject matter expertise (SME) and Control Function oversight for Vendors within Global Third-Party Risk Management Program. The Manager, TPRM Control Function, Business Continuity Management will work closely with the Senior Manager, TPRM on the creation, management, and sustainment of a comprehensive enterprise wide BCM Third Party Risk Management program, ranging from program enhancement to incident management response.


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


Champion a customer focused culture to deepen client relationships and leverage on broader stakeholder relationships, systems, and knowledge.

Complete Third Party Risk Management contract reviews that fall within the agreed scope for the program.

Provide support and recommendations to Contract Owners, 1Bs and (occasionally) Vendors based on the TPRM and BCM Policies, BCMU Mandate and industry best practices.

Create monthly dashboards/reports for senior management to track the progress of the reviews and generate trend analysis.

Partner with relevant stakeholders across the Bank on the implementation of a governance structure that spans the third-party risk management lifecycle, including the creation and enhancement of third-party risk management programs and systems.

Support the Senior Manager of TPRM as a Subject Matter Expert (SME) with focus on the ongoing maintenance and continuous improvement of the Third-Party Risk Management function.

Lead and collaborates with internal and external stakeholders on processes focused on Third Party Risk Management, with the objective to create an improved end state.

Contribute to and/or review communication material and TPRM documents, ensuring content is applicable to target audiences and aligns with overall program objectives.

Provide TPRM training to Contract Owners, share best practices, policies and mandate.

Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

Help create Standard Operating Procedures (SOP), User guides to support stakeholders in understanding of the TPRM BCM risk domain.

Support in ad-hoc activities to represent the TPRM team to wider audience in the Bank.

Actively pursue 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 business continuity regulations and best practices, operational risk, regulatory compliance risk, and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework and the Guidelines for Business Conduct.

Champion a high-performance environment and contributes to an inclusive work environment.


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


3+ years working in a Due Diligence/Compliance/Regulatory management function.

Demonstrated capabilities in managing and planning activities related to Third-Party Risk Management.

Hands on reporting experience (MS Office, Power BI).

CBCP certification preferred.

Relationship building with Senior Executives/ stakeholders.

Strong background and experience in projects/stakeholder management.

Flexible and creative thinker with the ability to define business trade offs, generate out-of-the-box solutions and manage uncertainty; proactively identify and solve complex problems impacting management and business direction.

Ability to prioritize against many competing interests in an environment of constant change.

Have experience and participated in internal and external audits, specifically with regulators.


What’s in it for you?


A rewarding career path with diverse opportunities for professional development.

A culture that promotes teamwork and cross-functional collaboration to achieve business goals. Inclusive workplace that values diversity of thought, background, and experience.

An organization committed to making a difference in our communities – for you and our customers.

Opportunity to work with a very enthusiastic team that helps our clients by ensuring the Bank is able to continue to operate to deliver key business services.

Hybrid working environment allowing for work/life balance.


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. Read more