Audit Manager, Canadian Banking Audit

Scotiabank•Toronto, ON

2d•Onsite

About The Position

The Manager will work with Senior Managers and Directors in Canadian Banking Audit to assess the design and operating effectiveness of internal controls in the Canadian Banking business units and delivery channels. The Audit Manager will ensure business strategies, plans, products and services, and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures, and best practices. French Language skills are considered an asset to this role. As the Third Line of Defence, 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. The Audit Manager contributes to the overall success of the Audit Department to execute its global mandate, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.

Requirements

University/post-secondary degree or relevant experience.
At least 5+ years in Retail Banking (Branch), Global Operations, Audit, Regulatory body or related experience.
Current/prior work experience in First Line of Defence roles at Scotiabank or Tangerine, and/or current/prior Audit experience are preferred.
Strong interpersonal and communication skills (verbal and written) to work with staff and management at various levels.
Working knowledge of Canadian Banking business line structure, programs, products, key regulations / regulators, and systems.
Knowledge of the banking operations and regulatory environments of retail, small business and commercial banking in Canada.
Ability to work in high levels of ambiguity and in a rapidly changing environment.
Analytical skills and capabilities leveraging data analytics tools or visualization software.
Ability to contribute to multiple projects at any given time.
Be highly proficient in the use of Excel and PowerPoint.
French Language skills are an asset.

Nice To Haves

French Language skills are an asset.

Responsibilities

Champions a client focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
Supports the Officer in Charge (OIC) with the execution of assigned audits and works with other audit teams in the department as required. Stays informed of relevant business risks and controls. Effectively conveys risk-related information to Officer-in-Charge.
Ensure Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments.
Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Maintains stakeholder relationships to successfully carry out audit activities.
Champions a high-performance environment and contributes to an inclusive work environment. Contributes to special projects as assigned including investigations and other special projects that Audit may be requested to perform by management.
Executes, plans and reports on the assigned audit projects. Obtains a thorough understanding of the business/unit/process and associated risks, develops a risk-based audit plan/procedures, and schedules timing and resources.
Ensures audit results are gathered, determine the root cause of the problem and the associated impact and report accordingly. Review/edit reports and summarize issues. Present an overview of the audit results and findings to line management.
Ensures audit reports are written to a consistent high standard and are finalized within established department metrics.
Meets Department training requirements. Manage self-development expectations, identifying mentors/coaches and enquiring about training needs, ensuring timely completion of performance appraisals and manages assigned staff.
Actively pursues effective and efficient operations of 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, compliance, AML/ATF/sanctions, and conduct risk.