Manager, US GWO & Business Risk Management Audit

Scotiabank Global Site • Dallas, TX

1d

About The Position

The Audit Manager contributes to the overall success of the Audit Department in the US ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures. The successful candidate will perform / manage audits to assess the design and operating effectiveness of internal controls relating to Wholesale Bank and Trading Operations and Business Risk Management within the U.S. The incumbent will be required to work as part of the team and assist the Senior Manager and/or Director, Global Wholesale Operations & Business Risk Management Audit to provide audit services to Global Banking & Markets (GBM) functions within the Bank. The incumbent will also support the providing of high quality, value added advisory services to Management as part of the audits or special projects/assignments, while ensuring that audit methodology standards are met. Apart from knowledge of the design and effectiveness of Operations and Business Risk Management supporting Capital Markets Trading, Investment Banking, and Global Transaction Banking, areas of focus would in include Operational Risk activities including Operational Resiliency and Business Continuity Management, the incumbent should be proficient in applying risk-based auditing standards, practices, techniques, processes, and methodologies to the audit of the internal controls.

Requirements

• Technical/Professional qualifications such as CIA and/or CFA.
• 5+ years of progressive experience in audit and capital markets environments.
• Knowledge of Capital Markets environments including Wholesale Bank Operations, Business Risk Management, Operational Resilience, Global Transaction Banking, and/or prior auditing experience within this area.
• Strong analytical skills necessary to assess risk exposures and understand risk quantification.
• Ability to quickly understand the risks associated with new products, processes, routines and formulate audit procedures to ensure that the controls are adequate.
• The incumbent should be resourceful, a self-starter, possessing a high degree of flexibility, creative thinking and confidence to carry out effective solutions.
• Well-developed judgment, management, decision-making and problem-solving skills are required in order to effectively deal with changing, and complex business environments.
• The incumbent must possess expert time management skills in order to manage multi-functional accountabilities through prioritization, conflict resolution and the promotion of ideas.
• Excellent written communication skills are essential, with strong issue and audit report writing skills.
• In addition, the incumbent should be skilled at verbal engagement and presentation, of a caliber suitable for direct exposure to Senior management.
• Working knowledge in risk-based audit methodologies.

Nice To Haves

• Exposure in working with traders and/or risk management personnel would be an asset, in addition to an understanding of the US regulatory environment around these areas.

Responsibilities

• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Manage and/or supports the Officer in Charge (OIC) with the execution of assigned audits.
• Execute on time and quality audit plan for Operations and Business Risk Management.
• Review the control effectiveness for managing operations risks in Bank activities.
• Assess the effectiveness of transaction recording and deal controls.
• Work with auditors within the audit department to perform end-to-end business line reviews
• Maintain knowledge of the business, regulatory risks and processes for assigned areas.
• Provide support to stakeholders on Wholesale Bank Operations and Business Risk Management issues and/or changes.
• Active engagement and coordination with Stakeholders for audit issue resolution.
• Support the unit’s continuous monitoring program so as to understand and identify changing conditions within business, risk and corporate functions, keep abreast of changing risk profiles, guide assessment of emerging risks, identify systemic issues and determine current and future audit requirements.

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: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees