Logo of Huzzle

Home

Matches

Explore

Manage

Chief Information Officer (CIO) Europe and APAC

image

Scotiabank

Nov 6

Applications are closed

  • Job
    Full-time
    Expert Level
  • IT & Cybersecurity
    Business, Operations & Strategy
  • London

Requirements

  • 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

Responsibilities

  • 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.
  • 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 on-going 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.
  • 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
  • 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.
  • 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.

FAQs

What is the primary responsibility of the Chief Information Officer (CIO) for Europe and APAC?

The primary responsibility of the CIO is to oversee regional technology for Scotiabank offices within Europe and APAC, manage local technology teams, and ensure operational resilience and compliance with regulations.

How many direct reports will the CIO have?

The CIO will have 6-12 direct reports.

What is the educational requirement for this role?

A Bachelor’s Degree in a related field is required for this role.

What experience is preferred for candidates applying for the CIO position?

Financial markets experience and experience working with European, APAC, and/or Canadian regulatory compliance environments are preferred.

What type of projects will the CIO be involved in?

The CIO will manage and deliver multiple, major, multi-disciplinary, and mission-critical projects to implement technology solutions that satisfy business needs.

What is the CIO's role in data governance?

The CIO partners with the Data Governance Office to ensure data standards are developed for all global source systems that feed Customer Data or Transactional Data.

Where is the location for this position?

The position is located in Greater London, London (UK).

What is the expected team size the CIO will oversee?

The CIO will oversee a team of up to 250 staff.

Does the role require compliance with local and international regulations?

Yes, the role requires understanding and adhering to Europe & APAC regulations and ensuring compliance with the Bank’s policies, standards, and processes.

What will the CIO's involvement be regarding regulatory technology requests?

The CIO will be the main point of contact for regulatory technology requests and will handle all technology-related Europe & APAC regulatory initiatives.

Is experience with specific regulatory agencies preferred for this position?

Yes, experience with regulatory agencies in the Asia Pacific region and Europe, such as the Monetary Authority of Singapore and the Financial Conduct Authority in the UK, is preferred.

image

Scotiabank

Finance
Industry
10,001+
Employees

Mission & Purpose

Welcome to Scotiabank. We serve thousands of customers, families, and communities across the globe, helping them achieve success through advice, products, and services. Follow for news, insights, thought leadership and more.

Culture & Values

  • Respect

    Everyone is always treated with dignity; diverse backgrounds and experiences are what make us better as a whole.

  • Integrity

    Acting honorably comes first – earning the trust of our customers (and each other) is what matters most.

  • Passion

    We’re enthusiastic about what we do, and want you to feel the same way. Imagine coming in to work, and actually feeling excited to learn!

  • Accountability

    We commit, we take action, and most importantly, we take responsibility for those actions. It’s just the right thing to do.

Get notified when Scotiabank posts a new role

Get Hired with Huzzle

Discover jobs with AI-powered precision. Autofill and track applications, create tailored resumes, and find the best opportunities across the web – all by simply chatting.

Already have an account?