Requisition ID: 209941
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Position:Chief Information Officer (CIO) Europe and APAC
Overview:
There are two dimensions to this role, covered in this specification, and described below:
- Regional CIO Accountability for Technology in Europe & APAC
- Global Accountability for IT readiness for DORA, Operational Resilience & Service Management between Head Office and affiliates
As CIO, the incumbent is responsible for the regional technology oversight of Scotiabank offices within Europe, and APAC including being the main point of contact for regulatory technology requests.
This includes overseeing a local technology team to service the needs of Scotiabank's Business lines, GBM - Global Banking and Markets, in UK and Ireland and APAC (Singapore, Japan, Australia, China and Hong Kong). This is achieved by building local delivery capabilities and engaging enterprise technology partners to manage and deliver multiple, major, multi-disciplinary, and mission critical projects to implement solutions which satisfy the business needs and developing strategic plans and policies to support the business units. The incumbent is also required to direct the management of the technology team to ensure effective solutions and support are delivered to each line of business.
The role requires management of the full breadth of Technology Services, with accountability for Infrastructure, Application Support and Development, and Security. Locally the UK and Ireland CISOs report into the CIO.
As CIO for Europe, the incumbent supports the COOs in Ireland and the UK in representing IT and Cyber Security Risk to the SIDAC Board and the BNSL Executive Committee respectively.
Additionally, as a Data Custodian:
The Data Custodian is the technology owner of the data for each domain and is a lead member of the domain working group, overseeing the technology-focused roles supporting the domain. The Data Custodian works closely and coordinates with members of each Domain Working Group to comply with the Bank's Enterprise Data Management Policy Framework which consists of:
- Data Custodian
- Data Architect
- IT Application Owners
- Process Owners
- Data Users
What You'll Do:
Strategic Leadership
• Partner with the Business leaders in the regions and develop the IT strategy that enables the Business growth, leveraging where possible our global frameworks, solutions and services.
• Champion our customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Ensuring the local business and IT requirements are included in any strategic global solution.
Operational and Project Execution
• Chair the Regional Technology Oversight Committee and ensure appropriate matters are escalated to relevant boards and committees.
• Be the focal point for all technology-related Europe & APAC regulatory initiatives.
• Responsibility for the operational stability of technology in Europe & APAC. This includes day-to-day operation, application support (in conjunction with business line IT staff), personnel moves, IT Services such as desktop & data centres support, Operational Resilience, Application BCP readiness and execution, regulatory compliance, and management reporting.
• Aligned to Information Technology & Solution (IT&S) and Global Banking and Markets Engineering (GBME) strategy and department goals, direct the development, approval and execution of strategic plans, policies and standards surrounding systems development, business analysis, project management, project implementation and production application support for GBM in Europe and APAC.
• Direct the management of the Project Management and Business Analysis function, which involves planning and scheduling resources, defining business requirements and systems processes, developing business case proposals, securing user and management approval, developing testing, conversion and implementation strategies, budgeting and cost tracking, ensuring solutions implemented meet user requirements, provide user training, and providing ongoing user support. The incumbent is also required to directly manage multidisciplinary, complex, mission critical projects.
• Direct the management of the group by ensuring that cost effective application systems are being developed to meet the business line objectives by analyzing user requirements; providing detailed technical designs: investigating and recommending new technology; developing and delivering prototypes using rapid application development methodology according to departmental standards. The incumbent is required to ensure all applications developed have a high degree of integrity, reliability and availability to meet the user requirements. Additionally, ensure that local business technology priorities are being met, by liaising with the various business users, MET staff and enterprise technology groups.
• Direct the local support functions including Trading Floor application support, infrastructure and desktop support, functional and technical support to middle and back office. This support processes will be robust and auditable and, where possible, conform to global MET standards.
Leading a Risk Management Culture
• Understand and adhere to Europe & APAC Regulations, understanding how they are addressed in our global and local policies, standards, processes and key controls. Identify and address any gaps.
• Direct the regional 1B function, as applicable regions, to ensure the 1st line of defense is focused on the effectiveness of all IT key controls and leverage a risk-based approach to prioritize improvements.
• Support the regional business in overseeing and addressing any key IT Risk or Cyber - Information Security risk and concerns within their business.
Building an effective Operating Model, team and Network
• Design and build an effective operating model to satisfy the local regional needs, while creating economies of scale and favorable lower-cost resource rates to maximize efficiency & effectiveness of all IT services.
• Establish the necessary global relationships to ensure the success of the regional CIO role.
• Manage local technology capability to satisfy GBM's needs by building Europe Technology teams and leveraging enterprise technology functions.
• Run IT as a business, focused on performance metrics, KPI's and KRI's. Operate within a controlled budget, while maximizing the value of every dollar spent.
• Establish relationships with the Global Trading business to enable Technology to define a strategy to deliver against the Business strategy. Leverage the global resource pool to deliver in the most cost-effective way.
Data and Reporting
• Partner with the Data Governance Office (DGO) to ensure data standards are developed for all global source systems feeding Customer Data or Transactional Data for monitoring or screening.
• Manage the analysis, data, and follow-through on risks identified through Risk Assessments, Compliance Testing results, internal and external audits, regulatory findings, and management control assessments. Develop and monitor action plans to address the global or local technology risks identified.
What You'll Have:
- Bachelor's Degree in a related field required.
- 6-12 Direct Reports. Oversees team of up to 250 staff.
- Financial markets experience preferred.
- Experience working with European, APAC and/or Canadian regulatory compliance environments preferred.
- Experience with the following regulatory agencies preferred, including but not limited to:
- Asia Pacific Agencies; Malaysia - Bank Negara Malaysia; Singapore - Monetary Authority of Singapore (MAS); Korea - Federal Government; Financial Supervisory Services (FSS) / Financial Services Commission (FSC); Japan - Financial Services Agency; India - Reserve Bank of India; Hong Kong - Hong Kong Monetary Authority; China - China Banking Regulatory Commission; Australia - Australian Prudential Regulation Authority (ARPA)
- European Agencies: UK - Financial Conduct Authority; Ireland - Central Bank of Ireland; Basel Committee on Banking Supervision
Location(s): England : Greater London : London (UK)
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.#J-18808-Ljbffr
