Senior Audit Manager

3 days ago

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

Scotiabank is seeking a highly skilled Senior Audit Manager to lead and manage audits as Office in Charge (OIC) to assess the design and operating effectiveness of model risk management and controls.

Key Responsibilities:
  1. Lead strategic transformation of Audit through innovation, adoption of generative AI and best in class technologies.
  2. Leverage advance data analytics to enable continuous auditing to detect potential issues on an ongoing basis.
  3. Lead and drive a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  4. Lead planning, execution, and reporting on the assigned audit projects within scheduled timeline and resource through a thorough understanding of the business/unit/process/associated risks and respected risk-based procedures.
  5. Manage and supervise end-to-end audit execution process and ensures nature and extent of testing is appropriate to support the objective, scope, and overall opinion.
  6. Ensures audit findings and results are gathered and timely communicated to management with identified root cause, associated impact, audit recommendations and management actions that address the root cause.
  7. Assists in the development and execution of a comprehensive and strategic audit plan.
  8. Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates the team.
Requirements:
  1. Master's degree in Quant area such as Math, Statistics, Economics, Engineering, and Business etc.
  2. 5+ years of relevant experience in development or validation of predictive models, including linear regressions, forecasting, time series, ARIMA, and artificial intelligence and machine learning techniques etc.
  3. 3+ years of working knowledge in Credit and Fraud risk management. Experience in risk strategy an asset.
  4. Strong knowledge of risk management, model risk management, project management, model regulations and compliance.
  5. Highly developed interpersonal and communication skills (verbal and written) to work with staff and management at various levels.

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.

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