Director, Global Wealth

Director, Global Wealth & Insurance Audit Join to apply for the Director, Global Wealth & Insurance Audit role at Scotiabank Requisition ID: 240895 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Purpose As the 3rd Line of Defense, Internal Audit provides enterprise-wide, independent, and objective assurance over the design and operations of the Bank’s internal controls, risk management and governance processes. We are professionals who thrive in a challenging environment and work with management to find solutions to address control weaknesses. Accountabilities Acts primarily as Audit Principal (AP) or Officer in Charge (OIC) for assigned audits. May also be a participant on audits. Works with other audit teams as required. Carries out specific projects or investigations of a complex and/or confidential nature. As an OIC/AP, oversees the execution, planning, and reporting. Obtains a thorough understanding of the end-to-end business/unit/process and associated risks, develops an appropriate risk-based audit approach and schedules timing and resources. Ensures audit results are gathered and determines the root cause of the problem. Prepares and/or reviews audit review findings for presentation to management. Monitors and follows-up for corrective action/progress against any reported issues. Ensures relevant information that impacts other audit function areas is shared. Leads and drives a client focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge. Understands how the business line risk appetite and risk culture should be considered in day-to-day activities and decisions. Plans, documents, and seeks agreement in advance to the project approach and confirms conclusions upon completion in writing. Assists in the due diligence of potential acquisitions. Ensures Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments. Builds and maintains strong relationships with internal and external stakeholders and regulators as required. Interacts and coordinates with other groups involved. Completes timely review of workpapers, ensuring internal control weaknesses are clearly documented with recommendations addressing the root cause and are communicated timely to management. Conducts ongoing monitoring activities to stay abreast of changes (business/industry/regulatory) / emerging risks / themes or systemic issues that may impact the risk assessment of the audit universe and the audit plan. Builds a high-performance environment and implements a people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and managing succession and development planning for the team. Meets Department training requirements. Education & Experience University/Post secondary degree in Business or equivalent. Relevant Audit, accounting or business certifications (CIA, CPA, CFA, CFP, etc.) At least 8+ years of relevant experience in internal/external audit and/or Wealth Management. A thorough knowledge of Wealth Management products and services, processes and controls (e.g., asset management, advisory/brokerage, insurance, finance/accounting, AML, and regulatory compliance). Proven ability to work in high levels of ambiguity and in a rapidly changing environment. Highly proficient at applying Scotiabank methodology and using risk-based auditing standards and practices. Strong analytical skills in the use of data analytics or visualization tools. Ability to supervise multiple projects at any given time. Highly developed interpersonal and communication skills (verbal and written). Strong people management and coaching/development skills. Curiosity mindset. Location(s): Canada : Ontario : Toronto 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. 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. Additional Information Seniority level: Director Employment type: Full-time Job function: Sales and Business Development Industries: Banking #J-18808-Ljbffr