Senior Audit Manager Trade Surveillance, Global Compliance Audit

Is This Role Right for You? In this role, you will:

• Act primarily as Officer in Charge (OIC) and lead the planning, execution and reporting of Global trade surveillance Compliance Audit by assessing the control effectiveness and Bank’s adherence to the regulatory requirements and standards; may also execute assigned audit activities independently as a team member under the direction of the OIC on other assignments.
• Have a deep expertise in understanding and detection of market abuse scenarios along with prevalent regulations, laws, and industry best practices, and assist in the development and execution of a comprehensive and strategic audit plan for Global Compliance Trade Surveillance, ensuring auditable entities remain within cycle.
• Exercise sound knowledge of products (such as Equities, Debt, derivatives, ETFs, FX, etc.), business, and technical expertise to effectively challenge management to improve the control environment.
• Assess the effectiveness of the bank's trade surveillance compliance program through an effective challenge of market abuse alert review and management process to detect possible manipulative and deceptive practices, insider trading and trading on material non-public information etc. and help identify areas of risk and provide actionable recommendations for enhancement.
• Develop tactical strategies for increasing the use of data analytics to drive effective annual planning/risk assessment, and engagement/project execution, specifically, analyzing large datasets to detect anomalies or trends indicative of market abuse; utilize data visualization tools to present findings effectively.
• Conduct ongoing monitoring activities to stay abreast of changes (business/industry/regulatory), emerging risks, and themes or systemic issues that may impact the risk assessment of the audit universe and the audit plan. Develops and analyzes strategies/audit procedures to ensure the organization stays ahead of the curve in response to internal and external changes.
• Maintaina thorough understanding of compliance risks and processes; this includes keeping abreast of key industry developments, regulatory changes, and identifying key systemic issues (arising from audits globally) and internal changes that will impact the annual audit plan and/or quarterly Audit Committee reporting.
• Ensure Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments.
• Develop risk-based audit planning documents/procedures, and schedule timing and resources; prioritize activities and exercises problem solving skills in audit projects based on risks and tasks assigned in a timely manner.
• Lead, manage, and supervise the end-to-end process of the execution of the audit and ensure the nature and extent of testing is appropriate to support the objective, scope, and overall opinion; complete timely review of work papers, ensuring internal control weaknesses are clearly documented with recommendations addressing the root cause and are communicated timely to management.
• Ensure audit results are gathered, determine the root cause of the problem and the associated impact and report; accordingly, confirm the audit results with the auditee; present an overview of the audit results and findings to line management; follow-up for corrective action/progress against any reported issues, escalating where necessary.
• Prepare comprehensive audit reports detailing findings, recommendations, and follow-up actions; ensure documentation is complete, accurate, and meets both internal and external expectations.
• Build a high-performance environment and implement a people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vision/values/business strategy; and managing succession and development planning for the team.

• University degree in business, finance, economics, accountancy, or any other relevant area.
• At least 8+ years’ experience in Compliance, Compliance Audit, Regulatory body, or related consulting experience.
• Internal or external audit…