Manager, US GWO & Business Risk Management Audit

Title:

Manager, US GWO & Business Risk Management Audit

Requisition

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Purpose

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.

What You'll Do

• 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.

What You’ll Bring

• 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…