Director, U.S. RCSA Program, 1LOD
: Job Details :

Overview

Director, U.S. RCSA Program, 1LOD role at Scotiabank

Requisition ID: 233240

Salary Range: 180,000.00 - 301,500.00

Salary shown is a guideline; the offer may vary based on factors including the candidate's relevant knowledge, skills, and experience.

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

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 with access to a key global market for trade and investment across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services for financing and strategic development needs. 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.

Purpose

Responsible for the oversight and execution of the U.S. Risk and Control Self-Assessment (RCSA) Program, ensuring effective identification, assessment, and mitigation of operational risks across relevant business lines and support functions. This role strengthens the firm's risk management framework by driving consistency, regulatory alignment, and continuous improvement in control effectiveness.

What You'll Do

We are hiring a seasoned leader with deep expertise in Global Capital Markets and Corporate Investment Banking, strong business acumen, and a comprehensive understanding of financial products and end-to-end processes. Demonstrated success in building and enhancing risk and control frameworks, with a proven track record in executing Risk and Control Self-Assessments (RCSAs) and managing complex regulatory engagements. The role requires collaboration across the Global Internal Control team, especially the US Internal Control leadership team.

Responsibilities

• People Leadership: lead and develop high-performing teams across in-person, remote, and hybrid environments; foster accountability, collaboration, and continuous improvement; coach and mentor in risk management, control execution, and stakeholder engagement; manage team dynamics during regulatory reviews and audits; promote diversity of thought and inclusive leadership.
• RCSA Execution & Oversight: design, development, and implementation of the RCSA framework across SBUS business lines, technology, and support functions; oversee RCSA activities ensuring alignment with policies and regulatory expectations; enhance methodologies with scenario analysis, loss events, and emerging risk themes; coordinate with three lines of defense and maintain a centralized risk and control library; support regulatory and audit examinations; collaborate with technology teams on IT and data-related risks.
• Leadership & Communication: lead across in-person and hybrid teams; tailor communications for diverse audiences including senior leadership and regulators; drive accountability through thoughtful challenge and strategic influence.
• Collaboration & Influence: collaborate across the three lines of defense to ensure alignment in risk practices; influence stakeholders with industry best practices and compelling business cases for risk initiatives.
• Additional Highlights: hands-on RCSA experience within the First Line of Defense; deep understanding of non-financial risk, control, and regulatory requirements for Capital Markets; ability to manage ad-hoc requests and special projects.

What You'll Bring

• Bachelor or Master degree, preferably in Finance or Business-related fields
• Minimum of 15 years of experience in financial services, with focus on Global Capital Markets and Corporate Investment Banking
• Strong understanding of financial products, front-to-back processes, and business operations
• Proven leadership in executing RCSAs and building risk and control programs
• Deep knowledge of operational risk frameworks, including scenario analysis, issue management, and risk events
• Experience working with regulators and internal audit, particularly in remediation and oversight
• Skilled in managing technology and vendor risk, including IT systems, third-party oversight, and business continuity planning
• Experience developing and maintaining risk governance tools, such as control libraries, policies, and procedures

Location

United States: New York, New York City

Employment type

• Full-time

Seniority level

• Director

Job function

• Business Development and Sales
• Industries: Banking

We value an inclusive and accessible environment; candidates requiring accommodation during recruitment should contact the Recruitment team. Candidates must apply online to be considered. Only those selected for an interview will be contacted.

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