Scotiabank

Audit Manager, Compliance and Legal

Scotiabank$90K — $120K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • University/Post secondary degree in Business or equivalent.
  • At least 2+ years relevant experience in auditing or compliance.
  • Proficient in risk-based auditing standards and practices.
  • Good analytical skills and proficiency with data analytics tools (e.g., Power BI, Tableau).
  • Ability to work in ambiguous, fast-changing environments.

Responsibilities

  • Support the Officer-in-Charge with assigned audits including testing and documentation.
  • Act as Officer-In-Charge for audits of low to medium complexity.
  • Execute audit plans and report findings to management.
  • Analyze audit results and determine root causes of issues.
  • Maintain stakeholder relationships for effective audit execution.
  • Stay informed on emerging risks and regulatory changes.
  • Support the development of standardized audit programs across the organization.

Benefits

  • Contribution to a high-performance and inclusive work environment.
  • Opportunity to work in a collaborative, innovative team.
  • Comprehensive benefits plan.
  • Support for community engagement and initiatives.
  • Recognition and rewards for high performance and development opportunities.
Full Job Description
Requisition ID: 266307

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

Global Compliance & Legal audit portfolio includes: Global Compliance (2nd line), Legal Department, Corporate Secretary/Governance, and Corporate Security. The role will also support the Compliance & Legal/Governance Centres of Excellence (CoE) to help develop and maintain internal audit programs and standards, and advise on audits in these areas to support the global Audit Department.

Ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures.

Is this role right for you? In this role you will:
• Support the Officer in Charge (OIC) with the execution for assigned audits. This includes completion of audit testing, discussions with management and documentation of work performed.
• May act as Officer-In-Charge (OIC) of low to medium complexity for assigned audits.
• Works with other audit teams as required.
• Execute, plans and reports on the assigned audits. Obtains a thorough understanding of the business/unit/ process and associated risks, develops an appropriate risk-based audit approach, and schedules timing and resources.
• Ensures audit results are gathered, determining the root cause of the problem and the associated impact. Drafts reports and issues. Presents audit results and findings for presentation to management.
• Champion a client focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• 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.
• Stay informed on emerging risks, regulatory changes, and industry trends. Conveys risk-related information to Officer-in-Charge or Audit Principal and senior management.
• Maintain stakeholder relationships to successfully carry out audit activities.
• Champions a high-performance environment and contributes to an inclusive work environment.
• Meet Department training requirements.
• Maintain a thorough understanding of compliance risks and processes, including staying abreast of key industry and regulatory changes. Supports identifying key systemic issues (arising from audits globally) and internal changes that will impact the annual audit plan and/or quarterly Audit Committee reporting.
• Support the continued development of the CoE Program through the roll-out of a global audit program that ensures a consistent approach to audits and validation activities of regulatory compliance risk.

Do you have the skills that will enable you to succeed? - We would love to work with you if you have:
• University/Post secondary degree in Business or equivalent.
• At least 2+ years relevant experience.
• Working knowledge of the operations and regulatory environments for each unit as applicable.
• Ability to work in high levels of ambiguity and in a rapidly changing environment.
• Proficient at applying Scotiabank methodology and using risk-based auditing standards and practices.
• Good analytical capabilities with demonstrated proficiency in data analytics and visualization tools (e.g., Co-Pilot, Alteryx, Power BI, Tableau, Excel, etc.). Ability to use these tools to identify risks, trends, and control gaps, and to integrate data-driven insights into audit planning and execution.
• Pro-active mindset and drives continuous improvement by challenging the status quo and applying best practices to enhance current processes and overall quality.
• Ability to execute multiple projects at any given time.
• Developed interpersonal and communication skills (verbal and written).
• Good people management and coaching/development skills.
• Curiosity mindset.

What's in it for you?
• Champion a high-performance environment and contribute to an inclusive work environment.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• A competitive compensation and comprehensive benefits plan.
• An organization committed to making a difference in our communities - for you and our customers.
• You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

Location(s): Canada : Ontario : Toronto

Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
5 Year Trend
+7%
NASDAQ

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