Manager, Fraud Governance and Internal Controls

Scotiabank Global Site • Dallas, TX

7d

About The Position

The Manager, Fraud Governance and Internal Controls will ensure integrated and comprehensive business controls are in place to reinforce a strong risk and control culture within Fraud Management. Provide independent assessments of operational performance to develop a strong level of audit preparedness/operational readiness for Fraud Management. Oversee all testing programs (e.g. Audit, Compliance, Global Operations Risk) – from preparation to issue resolution. Provide support for the implementation of first line governance and oversight activities; support the first line in ensuring adherence to applicable policies, risk management frameworks and regulatory requirements in Fraud Management’s existing processes and throughout new initiatives.

Requirements

• Bachelor’s degree in business administration or a related discipline.
• 3+ years of experience in an operational risk management, compliance or audit function in the financial services industry or 5+ years of relevant Retail & Commercial Banking experience.
• Good understanding of regulations and compliance risks impacting the Bank and the importance of key mitigating controls.
• Experience with identifying, documenting and assessing risk and controls within the first line.
• Experience in delivering on regulatory compliance projects and/or programs.
• Excellent verbal and written skills with the ability to effectively communicate with business partners at all levels of the Bank.
• Excellent problem solving, critical thinking, analytical and negotiating skills.
• Expert knowledge of Microsoft Excel, PowerPoint, and Word.

Nice To Haves

• Expertise in Power BI and Python is an asset.

Responsibilities

• Responsible for the development, implementation and management of a formal Internal Controls Framework and Fraud Control Repository in collaboration with Risk Owners and Compliance.
• Supervise and approve Operational readiness planning programs, sample testing and working papers for compliance with auditing standards and ensuring on time
• Act as the primary point of contact between the risk advisors and business unit partners with the Compliance team as it pertains to regulatory library and control updates.
• Assist Fraud Management across all sites during Internal Audits and 2nd and 3rd line testing engagements to ensure smooth execution, high responsiveness and timely issue resolution.
• Actively pursue effective and efficient operations of their respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
• Administer an internal review program that provides Fraud Leadership Team with a reasonable assurance of compliance with regulatory and disclosure requirements and business controls.
• Supervise and review the annual control walkthroughs, attestation and testing of all in-scope controls.
• Identify emerging issues that may impact the annual review plan through discussions with key business stakeholders.

Benefits

• Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees