Scotiabank

Manager, Finance Operational Risk Assurance

Scotiabank • $100K — $130K *
Dallas, TX 75217In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or finance with strong tech knowledge
  • Minimum 7 years experience in Internal Audit / Regulatory Reporting / Internal Controls
  • CPA designation or other relevant professional designations
  • Excellent attention to detail and strong organization skills
  • Ability to learn quickly in a fast-paced environment
  • Strong collaboration skills across multiple stakeholders
  • Knowledge of regulatory reporting and Federal Reserve reporting for foreign banks
  • Solid understanding of banking business and Capital Market sectors

Responsibilities

  • Design and execute testing plans for internal controls over financial reporting
  • Develop strategies for testing adequacy of internal controls over regulatory reporting
  • Update SOX documentation as needed
  • Perform issue closure reviews with stakeholders and conduct remediation assessments
  • Conduct walkthroughs and interviews to understand and test processes
  • Liaise with external auditors and manage regulatory requests
  • Facilitate updates of Policy and Procedure documentation
  • Participate in various projects as needed
  • Integrate the Bank's risk appetite and culture into daily operations
  • Promote a customer-focused and inclusive work culture

Benefits

  • Flexible benefit programs supporting family, financial, physical, mental, and social health needs
Full Job Description
Purpose

Contributes to the overall success of the Finance Department in United States of America ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted follow current governing regulations, internal policies, and guidelines.

The incumbent will have interactions with a broad range of professionals in U.S. Finance and stakeholders and will be expected to influence and educate them on source documentation requirements, process improvement, and internal controls.

What You'll Do

  • Responsible for design and execution testing plans to verify the adequacy of internal controls over financial reporting, including verifying controls at trade origination point, middle office, back office, and GL booking and reconciliations.
  • Responsible for design and execution of strategies and testing plans to verify the adequacy of internal controls over regulatory reporting; validation to source documents (transaction testing); and ensuring compliance with regulatory reporting instructions.
  • Perform SOX documentation updates.
  • Perform issue closure review by following up with issue owners, gathering closure supports, and conduct review of remediation actions.
  • Conduct effective walkthroughs/interviews with clients to understand the process and perform thorough field works for testing. Identify and determine the root cause of the weakness, make recommendations and present to stakeholders for remediations. Prepare finding reports on engagements performed for relevant stakeholders.
  • Assist in liaison with external auditors and regulator requests.
  • Maintain and facilitate update of group Policy and Procedure documentation.
  • Assist in other projects, as required.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
  • Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  • Champion a high-performance environment and contributes to an inclusive work environment.


What You'll Bring

  • Bachelor's degree in accounting or finance with good knowledge of technology.
  • Minimum 7 years of relevant experience in Internal Audit / Regulatory Reporting / Internal Controls testing of regulatory and financial reporting for financial institutions.
  • CPA designation or other relevant professional designations.
  • Attention to detail and strong organization and analytical skills.
  • Demonstrate an ability to learn and succeed in a fast-paced environment, exercise a high degree of initiative, independent judgement, and self-direction in a team working environment.
  • Collaborate effectively with multiple stakeholders across multiple functional areas of the Bank (Front office, Middle Office, Back Office, Credit Risk, Product Controls) to promote a robust control framework environment.
  • The role requires knowledge of regulatory and financial reporting including an awareness of emerging regulatory requirements impacting changes to available data. Specific knowledge of Federal Reserve regulatory reporting for foreign banking organizations.
  • Solid understanding of overall banking business and products especially oriented to Capital Market sectors.
  • Solid understanding of overall banking business and products.


Interested?

If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

What's in it for you?

Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

#GBM

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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