Senior Analyst, US GWO & Business Risk Management Audit

Scotiabank Global Site • Dallas, TX

2d

About The Position

The Senior Audit Analyst 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. As a Senior Analyst, you will ensure all activities conducted are in compliance with governing regulations, internal policies and procedures. The successful candidate will perform within audits to assess the design and operating effectiveness of internal controls relating to Wholesale Bank and Trading Operations and Business Risk Management activities within the U.S., and will be required to work independently or as part of the team and assist the Manager and Senior Manager, US Global Wholesale Operations (GWO) and Business Risk management (BRM) Audit to provide audit services to GWO and BRM 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 possessing knowledge in Operations and Business Risk Management supporting Capital Markets Trading, Investment Banking, and Global Transaction Banking environments, the incumbent should be able to apply risk-based auditing standards, practices, techniques, processes, and methodologies to the audit of the internal controls.

Requirements

• An undergraduate degree, with a concentration in Finance/Business Management/ Economics/ Technical areas.
• 2-3 years of relevant experience in Audit or Capital Markets environments, including broad knowledge of Wholesale Bank Operations, Business Risk Management, Operational Resilience and/or Global Transaction Banking, would be an important asset.
• Strong analytical skills necessary to assess risk exposures and understand risk quantification.
• Ability to understand the risks associated with new products, processes, routines and execute on 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.
• Attentive to the details.
• The incumbent must possess sound time management skills in order to manage multi-functional accountabilities.
• Strong written communication skills which would include audit issue writing. In addition, the incumbent should be able to maintain effective verbal engagement and presentation, of a caliber suitable for direct exposure to business stakeholders of varying seniority.
• Working knowledge in risk-based audit methodologies.

Responsibilities

• Support a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Support the Officer in Charge (OIC) with the execution of assigned audits.
• Execute on time and quality audit plan for Operations and Business Risk Management.
• Performs control effectiveness testing for managing risks in capital markets environments related to GWO, BRM, Operational Resiliency and/or Global Transaction Banking (GTB).
• Independently execute testing of assigned section/business processes within an audit review.
• Maintain knowledge of business, non-financial, and regulatory risks for assigned areas.
• Provide support where required to both audit and internal stakeholders for audit issue resolution.
• Support the unit’s continuous monitoring program 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.

What This Job Offers

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