Scotiabank

Audit Manager, Non-Retail Credit Risk Audit

Scotiabank • $90K — $120K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
2 weeks ago
Job Overview by Ladders

Qualifications

  • University or post-secondary degree in Business, Finance, Economics, Accounting, or equivalent.
  • Minimum of 2+ years of relevant auditing experience.
  • Knowledge of operations and regulatory environments applicable to the audit units.
  • Ability to thrive in ambiguity and rapidly changing contexts.
  • Proficient in Scotiabank's risk-based auditing standards and practices.
  • Good analytical skills with proficiency in data analytics or visualization tools.
  • Strong interpersonal, communication, and people management skills.

Responsibilities

  • Support the Officer in Charge (OIC) with executing assigned audits, including testing and documentation.
  • Act as OIC for low to medium complexity audits as necessary.
  • Collaborate with other audit teams on various projects.
  • Plan and execute audits, developing risk-based approaches and resource schedules.
  • Gather audit results, determine root causes of issues, and draft reports for management presentation.
  • Promote a client-focused culture to enhance client relationships and leverage Bank knowledge.
  • Stay informed about emerging risks and regulatory changes, conveying relevant information appropriately.

Benefits

  • Contribute to a high-performance, inclusive work environment.
  • Be part of a forward-thinking organization with a collaborative team.
  • Comprehensive benefits plan and competitive compensation.
  • Commitment to making a positive impact on communities.
  • Opportunities for recognition, performance rewards, and development conversations.
Full Job Description
Requisition ID: 265005

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, and 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.

Is this role right for you? In this role you will:
• Supports 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.
• Executes, 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.
• Champions a client focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Ensures Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments.
• Stays informed on emerging risks, regulatory changes, and industry trends. Conveys risk-related information to Officer-in-Charge or Audit Principal and senior management.
• Maintains stakeholder relationships to successfully carry out audit activities.
• Champions a high-performance environment and contributes to an inclusive work environment.
• Meets Department training requirements.
• Conducts work efficiently and works within engagement budget.

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, Finance, Economics, Accounting, 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 skills and proficiency in the use of data analytic or visualization tools.
• 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.
• Knowledge of Commercial & Corporate banking and/or credit adjudication is preferred.

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

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
Finance & Insurance
5 Year Trend
+7%
NASDAQ
BNS
* Ladders Estimates

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