Senior Audit Manager, Global Banking

4 weeks ago

Toronto, Ontario, Canada Scotiabank Full time
Job Title: Senior Audit Manager, Global Banking

Scotiabank is seeking a highly skilled Senior Audit Manager to join our Global Banking team. As a key member of our audit team, you will be responsible for leading audits of lower to higher complexity and risk, working closely with clients to develop and document a thorough understanding of key risks and processes.

Key Responsibilities:
  • Manage and execute assigned audits in accordance with department standards, ensuring the nature and extent of testing are sufficient and appropriate to support the audit opinion.
  • Design or update audit procedures for assigned audits, applying risk-based auditing standards and techniques.
  • Assess the effectiveness and reliability of internal controls in relation to defined control requirements through examination of evidence and execution of test procedures.
  • Document audit work performed using TeamMate software to ensure appropriate working papers are maintained and conform to department standards.
  • Identify control weaknesses and develop audit findings to determine the root cause and associated impact/risk, including developing practical recommendations as to how risks can be mitigated.
  • Validate the accuracy of the finding with the auditee and present issues to line management.
  • Write audit findings, reports, and correspondence to management, ensuring writing is clear, concise, and accurate.
  • Follow-up for corrective action/progress against reported issues on a quarterly basis and escalate when necessary.
Requirements:
  • 7+ years' experience in Capital Markets Audit and Capital Markets 1st & 2nd Line Testing.
  • Knowledge of Capital Markets Products and processes, and OTC derivative regulations.
  • Accounting designations / technical / professional qualifications (CPA, CFA, CIA etc.) will be an asset.
  • University degree in business, finance, economics, accounting or any other relevant area.
  • Proficient use of Excel to analyze large transaction data for independent testing and validation.
  • Knowledge of audit processes and methodologies.
  • Ability to write clearly and concisely.
  • Critical thinker and problem solver.
  • A self-starter who deals well with ambiguity and is detail-oriented.
  • Thrives in a dynamic team-oriented environment.
What's in it for you?
  • The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers.
  • A rewarding career path with diverse opportunities for professional development.
  • Internal training to support your growth and enhance your skills.
  • An inclusive working environment that encourages creativity, curiosity, and celebrates success.
  • Work in an Ecosystem; a bright, modern space where you'll have access to group seating, offices, collaboration spaces, a cafeteria with different options daily, a bistro, and more.
  • Hybrid Work Environment.

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