Job Description

Requisition ID: 244569


Salary Range: 102,800.00 - 196,800.00 


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

The Senior Manager, Recovery & Resolution Planning (RRP) plays a key role in advancing the Bank’s global recovery and resolution planning capabilities. Acting as Deputy to the Director, this role supports the design, maintenance, and execution of Scotiabank’s enterprise-wide recovery and resolution program in alignment with OSFI, Federal Reserve, and FDIC expectations, as well as internal governance and risk standards. This position is a key role in ensuring that Scotiabank meets its obligations under both Federal Reserve and FDIC Resolution Planning rules and guidance, along with any other applicable U.S. prudential standards, while maintaining alignment with the Bank’s broader risk and capital frameworks.

The incumbent will partner closely across Finance, Treasury, Risk, and Business Lines to develop and refine recovery options, resolution playbooks, and data aggregation capabilities that demonstrate the Bank’s ability to recover from severe stress or be resolved in an orderly manner.

This role requires a dynamic Senior Manager who brings regulatory expertise, strong banking and commercial judgment, and exceptional communication and relationship-building skills—a professional who thrives in a collaborative, purpose-driven environment grounded in Scotiabank’s values of Integrity, Respect, Accountability, and Passion.

Key responsibilities

Program Development & Governance

  • Support the design and continuous improvement of the global RRP framework, ensuring consistency with regulatory guidance (e.g., U.S. Resolution Plan Rule 12 CFR Part 243, Sections 165(d) of the Dodd-Frank Act, TLAC Requirements, FDIC IDI resolution Plan Rule, etc).

  • Act as deputy to the Resolution Planning Director in coordinating inquires from internal stakeholders, managing project plans, and maintaining documentation for regulatory submission.

  • Contribute to the development of recovery triggers, governance protocols, and testing approaches.

    • Regulatory Engagement & Submissions

  • Support the preparation of regulatory deliverables, including recovery plans, resolution submissions, self-assessments, and responses to supervisory requests.

  • Participate in reviews, examinations, and industry dialogues on recovery and resolution matters.

    • Scenario Analysis & Testing

  • Coordinate recovery and resolution scenario development, testing exercises, and contingency playbook reviews.

  • Analyze the financial and operational feasibility of recovery options and interdependencies across entities and jurisdictions.

  • Oversee analytical workstreams, including liquidity and funding in resolution, capital and other point of non-viability triggers, capital positioning, identification of material legal entities, critical operations and shared services mapping, and other legal/financial rationalization.

    • Stakeholder Management

  • Work collaboratively with partners in Treasury, Finance, Legal, GRM, and the business lines to ensure alignment of recovery and resolution strategies with broader risk and capital frameworks.

  • Partner closely with all key senior management across the bank’s leadership platform to help ensure the seamless integration of U.S. resolution planning into strategic and operational decision-making.

  • Present findings and updates to senior management committees and working groups.

    • Continuous Enhancement & Benchmarking

  • Monitor evolving regulatory expectations and peer practices across US FBOs, US G-SIBs, and other Canadian peers (i.e., Canadian D-SIBs).

  • Support enhancements to internal governance, metrics, and documentation to ensure ongoing readiness.

  • Provide support in advancing Scotiabank’s enterprise-wide resolution and recovery capabilities, embedding best practices into policies, playbooks, and testing protocols.

    • What You'll Bring

  • 7–10 years of experience in risk management, finance, treasury, regulatory affairs, or related banking functions.

  • Experience in U.S. regulatory policy, resolution planning, recovery planning, or financial risk management, preferably within a global bank or regulatory authority.

  • Strong understanding of OSFI, Federal Reserve, and FDIC frameworks, particularly as they relate to recovery and resolution planning, liquidity, capital, and operational continuity.

  • Exceptional analytical, written, and verbal communication skills, with proven ability to synthesize complex regulatory concepts into actionable insights.

  • Experience preparing regulatory deliverables, policy frameworks, or risk documentation for senior management or board committees.

  • Strong project management and stakeholder engagement skills; able to coordinate across multiple teams and jurisdictions.

  • Demonstrated ability to work independently while maintaining strong partnership and collaboration with internal teams.

  • Exhibits comprehensive knowledge of bank structure, funding mechanisms, and balance sheet management, coupled with the capability to effectively interpret regulatory requirements into actionable strategies for business operations.

  • Bachelor’s degree in Finance, Economics, Business, Risk Management, or a related discipline (advanced degree or professional designation such as CFA, CPA, FRM preferred).

  • Experience in large financial institutions (Category I–III, FBO, or D-SIB environments) is strongly preferred.

  • Familiarity with enterprise risk management, recovery and resolution frameworks and cross-border coordination processes is an asset (also generally conversant with other global regulatory standards)

  • Track record of success in matrixed environments, effectively aligning global and regional priorities.


    • 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. 

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