Audit Manager, Global Compliance Audit

Requisition : 246216

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Seeking a detail-oriented Audit Manager with significant experience in either of the three lines of defense, experience in Compliance and Audit would be preferred. As the 3rd Line of Defence, Internal Audit provides enterprise-wide, independent, and objective assurance over the design and operations of the Bank’s internal controls, risk management and governance processes. We are professionals who thrive in a challenging environment and work with management to find solutions to address control weaknesses.

The Auditor contributes to the overall success of the Audit Function in support of the Audit Department executing its global mandate, ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives.

The successful candidate will perform / manage audits to assess the design and operating effectiveness of internal controls relating to Global Banking Markets and Treasury Compliance activities globally. The incumbent will be required to work as part of the team and assist the Senior Managers and/or Director, GBM&T Compliance Audit, to provide audit services to capital markets, and/or treasury 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.

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

• Champion a client-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Manage and/or support the Officer in Charge (OIC) with the execution of assigned audits; work with other audit teams as required.
• Have working knowledge of Trade Surveillance Compliance Audit as an asset.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Ensure Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments.
• Execute, plan and report on the assigned audit projects; obtain a thorough understanding of the business/unit/process and associated risks, develop a risk-based audit plan/procedure, and schedule timing and resources.
• Ensure audit results are gathered and assess the impact of the findings on the internal control framework; this would include confirmation of the findings with the auditee and a discussion of the root cause with the OIC.
• 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.
• Actively engage and coordinate with Stakeholders for audit issue resolution.
• Review the control effectiveness for managing risks in compliance activities.
• Ensure audit reports are written to a consistent high standard and are finalized within established department metrics.
• Manage self-development by confirming/communicating job expectations, identifying mentors/coaches and enquiring about training needs, ensuring timely completion of performance appraisals and manages assigned staff.
• Maintain a thorough understanding of compliance risks and processes; including keeping abreast of key industry developments, and regulatory changes.
• Ensure timely completion of audit assignments with adherence to internal audit methodology standards.
• Maintain stakeholder relationships to successfully carry out audit activities.
• Meet Department training requirements.
• Be accountable for specific work in assigned audits.
• Be expected to work independently and within a team environment; the management of audits will be guided by the Senior Managers, though the incumbent is expected to exercise initiative, judgment, and self-direction in meeting objectives and solving problems.
• Support the Global Compliance Audit team in a risk-based execution of the audit plan,…