Associate, Business Risk Management in Belfast

Associate, Business Risk Management in Belfast

Belfast Full-Time 72000 - 88000 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Identify and mitigate risks while supporting business growth in a global banking environment.
  • Company: Join Scotiabank, a leading bank committed to inclusivity and high performance.
  • Benefits: Gain hands-on experience, exposure to global markets, and opportunities for professional growth.
  • Other info: Dynamic work culture with opportunities for continuous learning and career advancement.
  • Why this job: Make a real impact in risk management while collaborating with international teams.
  • Qualifications: Experience in operational or regulatory risk management; strong analytical and communication skills.

The predicted salary is between 72000 - 88000 £ per year.

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. We’re seeking a proactive and commercially minded Associate, Business Risk Management to join the Global Banking & Markets Business Risk Management team at Scotiabank (Ireland) DAC in Dublin. As part of this high-impact first line of defence team, you’ll help identify, assess and mitigate non-financial risks across complex businesses spanning Capital Markets, Corporate Banking, Treasury and Global Wholesale Operations.

You’ll support key operational risk programmes and control initiatives while helping ensure that business activities are conducted in accordance with applicable regulations, internal policies and procedures. Working closely with business leaders, control functions and subject-matter experts, you’ll contribute to initiatives covering third-party risk management, regulatory change, risk assessments, supervision frameworks and control effectiveness.

This is an exciting opportunity for a risk professional who enjoys solving complex problems, strengthening controls and working with senior stakeholders in a fast-paced, highly regulated environment.

What You’ll Be Doing

  • Support the regional Third Party Risk Management lead with the implementation of regulatory and global TPRM change.
  • Perform and enhance third-party risk oversight, reporting, challenge and escalation.
  • Provide day-to-day guidance to contract owners and support register maintenance, regulatory notifications, submissions and recurring monitoring activities.
  • Support the coordination and delivery of business regulatory change initiatives.
  • Deliver risk assessments, including Risk and Control Self-Assessments, operational risk-event investigations, scenario analyses and control evaluations.
  • Support new business initiatives, including post-implementation reviews.
  • Drive governance and reporting activities to help ensure that risks are managed within the Bank’s established risk appetite.
  • Partner with business leaders, control functions and subject-matter experts to assess potential threats, business impacts and appropriate mitigation strategies.
  • Provide insights that support informed decision-making and strengthen the control environment.
  • Support the implementation of first line supervision frameworks, including Written Supervisory Procedures, trader and sales authorization letters, remote-booking controls and communication surveillance.
  • Escalate identified breaches and support regulatory engagement when required.
  • Collaborate with global Business Risk Management teams, regional offices and centralized oversight functions to promote consistent and effective execution of the BRM mandate.
  • Identify control gaps and support the development and implementation of remediation actions.
  • Respond to internal audit and compliance findings.
  • Evaluate the operational-risk implications of system and process changes.
  • Prepare reports and contribute relevant risk insights to committee discussions and decision-making.
  • Support a customer-focused culture that strengthens client relationships and leverages the Bank’s broader relationships, systems and knowledge.
  • Consider the Bank’s risk appetite and risk culture in day-to-day activities and decisions.
  • Support effective and efficient operations while maintaining appropriate business controls.
  • Help the team meet its obligations relating to operational risk, regulatory compliance, AML/ATF, sanctions and conduct risk.
  • Contribute to a high-performance environment and foster an inclusive workplace that supports the team’s values and business strategy.

Why This Role?

This role offers the opportunity to combine practical risk-management experience, regulatory exposure and international collaboration within a global banking and markets platform.

What We’re Looking For

  • Demonstrated financial-services experience in operational or regulatory risk management.
  • Experience within Capital Markets, Treasury and liquidity management, or Corporate Lending.
  • Good knowledge of Capital Markets, risk-management practices and relevant regulatory frameworks.
  • A strong working knowledge of internal controls, business processes and key regulations.
  • Solid analytical, organisational and planning capabilities.
  • Strong communication and presentation skills.
  • High standards of ethics and professional conduct.
  • The ability to work effectively in a fast-paced and evolving environment.
  • A proactive, team-first attitude and a passion for continuous improvement.

The position is based in a standard office environment in Dublin. Non-standard working hours are a common requirement, and limited international travel may be required.

This is an opportunity to join a global Business Risk Management team where you’ll help protect the Bank, strengthen controls and enable Global Banking & Markets businesses to grow safely.

If you require accommodation during the recruitment and selection process, please let our Recruitment team know.

Associate, Business Risk Management in Belfast employer: Scotiabank

Scotiabank is an exceptional employer that fosters a purpose-driven and inclusive culture, making it an ideal place for professionals in the financial sector. Located in the vibrant city of London, employees benefit from competitive salaries, comprehensive growth opportunities, and a collaborative environment that encourages innovation and client-focused solutions. Join a high-performing team where your contributions directly impact the success of the Prime Services business and where you can thrive in a dynamic global market.

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Contact Details:

Scotiabank Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Associate, Business Risk Management in Belfast

✨Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

✨Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

✨Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

✨Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Scotiabank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Associate, Business Risk Management in Belfast

Operational Risk Management
Regulatory Knowledge
Stakeholder Engagement
Third Party Risk Management
Risk Assessments
Control Evaluations
Analytical Skills

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Scotiabank.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Scotiabank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Scotiabank

✨Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Scotiabank.

✨Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

✨Show Your Passion for Finance

Since this is a full-time position, employers at Scotiabank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

✨Network with Industry Professionals

Before your interview, reach out to current or former Scotiabank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.