Risk Management Strategist

1 week ago


Old Toronto, Canada Scotiabank Full time

Scotiabank, a leading bank in the Americas, is seeking an experienced Risk Management Strategist to join our team.

About 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.

Salary

The estimated annual salary for this position is $140,000-$200,000 CAD, depending on experience.

About the Role

This Senior Audit Manager role will 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 advanced data analytics to enable continuous auditing to detect potential issues on an ongoing basis.
  3. Develop and execute a comprehensive and strategic audit plan to ensure auditable entities remain within cycle.
  4. Manage and supervise end-to-end audit execution process to ensure nature and extent of testing is appropriate to support the objective, scope, and overall opinion.
  5. Ensure 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.

Requirements

  • Masters degree in Quant area such as Math, Statistics, Economics, Engineering, and Business etc.
  • 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.
  • Strong knowledge of risk management, model risk management, project management, model regulations and compliance.
  • Highly developed interpersonal and communication skills (verbal and written) to work with staff and management at various levels.

Location

Toronto, Ontario, Canada



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