Audit Manager, Credit Model Risk

2 days ago

Toronto, Canada Scotiabank Full time

Requisition ID: 168664 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose** Conduct audits as Team Participate or sometimes as Office in Charge (OIC) (for less complex projects) to assess the design and operating effectiveness of model risk management and controls, and ensure business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures. **Accountabilities** - Champion a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge. - Executes assigned audit activities independently as a team member under the direction of the OIC on assignments. This includes a thorough understanding of the business/unit/process and associated risks, completion of audit procedures and testing, discussions with management and documentation of work performed. - Delivers end-to-end audit execution process within scheduled timeline and ensures nature and extent of testing is appropriate to support the objective, scope and overall opinion. - Ensures audit findings and results are gathered and timely communicated with identified root cause, associated impact, audit recommendations and management actions that address the root cause. Ensures audit issues/reports are written with a consistent high standard, audit steps/results are clearly documented, and corrective action/progress against any reported issues are tracked and updated. - Manage self-development by confirming/communicating job expectations, identifying mentors/coaches and enquiring about training needs, ensuring timely completion of performance appraisals and manages assigned staff. - Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, credit, fraud, model, compliance, AML/ATF/sanctions, cyber security and conduct risk. **Qualifications** - Degree in a STEM area such as Math, Engineering, Science, Industrial Engineering, Statistics, Economics, Business, etc. - 1+ years of relevant experience in Data Analytics, Optimization, Automation, Advanced Analytics and AI/ML. - 1+ years of work experience in Credit and Fraud Risk Management. Experience in risk strategy and model development. - Strong knowledge of data preparation, modelling techniques, statistical tests and tools (SQL, SAS, R, Python, etc.) - Developed interpersonal and communication skills (verbal and written) to work with staff and management at various levels. Ability to work on multiple projects at any given time. - Collaborative approach and ability to work in a team environment. - Spanish Proficiency is preferred. auditjobs 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.

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