Scotiabank

Manager, Global Finance Testing

Scotiabank • $90K — $120K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Business/Accounting degree/designation and/or 3+ years of experience in large financial institutions (Audit, Testing, Internal Controls, Financial Reporting or FI Regulatory Reporting)
  • Professional Accounting designation is preferred
  • Strong analytical, organizational, and problem-solving skills, with proficiency in data visualization tools
  • Advanced knowledge of accounting (including IFRS) and financial reporting principles
  • Solid understanding of risk and internal controls related to finance and accounting
  • Excellent written and verbal communication skills
  • Highly organized and capable of managing multiple projects efficiently

Responsibilities

  • Execute internal controls testing engagements and ongoing monitoring of risk indicators
  • Manage end-to-end test execution of designated programs with high-quality results
  • Identify and analyze control issues and document links to underlying risks
  • Document and articulate control testing activities and results for stakeholders
  • Perform oversight of issues management and support issue resolution
  • Monitor status of open issues and remediation plans with reporting to management
  • Conduct ongoing monitoring activities to identify control weaknesses

Benefits

  • Opportunity to contribute to a high-performance and inclusive work environment
  • Join a forward-thinking organization surrounded by collaborative teams
  • Competitive compensation and comprehensive benefits plan
  • Commitment to community impact for employees and customers
  • Recognition and rewards for high performance with support for professional growth
Full Job Description
Requisition ID: 262854

Purpose

The Manager contributes to the overall success of Global Finance, Regulatory Risk and Governance (1B), Internal Control Testing, monitoring and quality control team, ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted comply with governing regulations, internal policies and procedures. The position requires understanding of controls testing and frameworks, financial and regulatory reporting environment, and knowledge of finance and banking. The incumbent will support the execution of independent first line testing, and ongoing monitoring activities across Global Finance to assess whether key controls supporting financial and regulatory reporting are designed and operating effectively. The incumbent will also support the ongoing management of issues, ensuring effective tracking, reporting, and timely resolution of issues.

Is this role right for you? In this role you will:
  • Execute internal controls testing engagements, issue validation, and ongoing monitoring of risk indicators across Global Finance, in line with the 1-B mandate.
  • Manage the end-to-end test execution of designated programs/engagements using standardized methodologies, ensuring accurate, high-quality, and well-documented results.
  • Identify and analyze control issues by analyzing root causes, clearly documenting links to underlying risks and providing input to assessments of control effectiveness to support risk-based prioritization.
  • Clearly and concisely document and articulate control testing activities, results and conclusions through high-quality written communications for Management and key stakeholders
  • Perform issues management oversight activities, and provide effective challenge, to support Issue owners throughout the issues lifecycle. Including issue review, validating issue closure, advice and counsel.
  • Monitor the status of open issues and remediation plans to support timely closure, maintaining KPIs and metrics, and reporting to senior management on remediation plan effectiveness and timeliness.
  • Perform ongoing monitoring activities to support early identification of control weaknesses or emerging risks. Including maintenance of monitoring trackers, dashboards, and status summaries
  • Take accountability for assigned responsibilities and remain flexible to support broader or ad hoc accountabilities aligned to RRG team.
  • Collaborate with stakeholders across Compliance, Internal Audit, and other Global Finance Teams.
  • Champion a customer 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.
  • Actively pursue effective and efficient operations of their respective areas in accordance with Scotiabank's Values, and its Code of Conduct, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, and conduct risk.
  • Champion a high-performance environment and contribute to an inclusive work environment.


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
  • Business/Accounting degree/designation and/or +3 years of relevant experience within a large financial institution in one or more of the following areas: Audit, Testing, Internal Controls, Financial Reporting and/or FI Regulatory Reporting.
  • Professional Accounting designation is preferred.
  • Strong analytical, organizational and problem-solving skills, with proficiency in data visualization tools (e.g. Excel, PowerPoint, Power BI etc.).
  • Advanced knowledge of accounting (including IFRS), solid understanding of financial, management and regulatory reporting principles; knowledgeable of the Bank's products, operations, and procedures.
  • Strong understanding of risk and internal controls affecting finance, accounting, and regulatory matters, particularly controls testing methodology and related tools
  • Excellent analytical skills-able to review, interpret, and synthesize data to investigate potential exceptions
  • Strong written and verbal communication skills, with the ability to engage effectively across all levels of an organization.
  • Highly organized and adept at managing multiple projects concurrently, remaining calm and focused amid competing priorities.
  • Flexible and adaptable, able to collaborate across diverse stakeholder groups and business units.


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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