Senior Manager, Regulatory Risk Governance, Global Finance - Testing and Monitoring (227504)
Senior Manager, Regulatory Risk Governance, Global Finance - Testing and Monitoring (227504)
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Job Description
Requisition ID: 227504
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
The Senior Manager working with the Director leads and oversees Global Finance - Internal Control Testing monitoring and quality control in Canada and across all of Finance ensuring business strategies plans and initiatives are executed / delivered in compliance with governing regulations internal policies and procedures.
Is this role right for you In this role you will:
- Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships systems and knowledge.
- Plans and executes testing of internal controls and monitoring of risk indicators in Global Finance (GF) for the GF Risk Universe in line with the 1-B mandate and formulated test plans developed and refined in line with emerging risks and controls.
- Participates in the development of the annual plan in coordination with other testing plans with intertwined corporate functions (like Compliance IT and Risk) and 1-B teams including tracking and reporting of testing completion results against the annual plan. Works closely with Director Testing and with other GF 1-B teams in countries outside of Canada to support testing through or with them.
- Keep abreast of changes to Global Finance processes and programs regulatory risks and identified issues which may have an impact on control testing priorities. Concurrently maintain current knowledge of applicable regulatory and operational requirements.
- Develop appropriate testing procedures to evaluate the design and operational effectiveness of key controls in managing regulatory compliance and/or operational risks. Completes timely review of documentation to support testing results and conclusions. Present issues and control weaknesses inclusive of recommended solutions to Global Finance management.
- Maintains relationships and works closely with Business Line management to understand compliance risk in the business and build/adjust our testing approach / issue recommendations accordingly.
- Identifies defines and builds a risk effective and cost-efficient testing program by providing feedback on enhancements to the testing methodology (which includes risk prioritized assessments testing cycles reporting results and more) looking for opportunities to automate testing procedures use data analytics tools like Power BI Alteryx etc.
- Conducts a thematic analysis and root cause problem solving on issues identified by GF by linking them with the overall risks and prioritizing the effectiveness of the controls.
- Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Creates an environment in which their team pursues effective and efficient operations in their respective areas in accordance with Scotiabanks 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.
- Builds a high-performance environment and implements a people strategy that attracts retains develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vision/values/business strategy; and managing succession and development planning for the team.
Do you have the skills that will enable you to succeed in this role - Wed love to work with you if you have:
- University degree or higher in finance accounting or related discipline
- Professional accounting designation (CPA/CA) with strong expertise in auditing of internal controls at public accounting firms or similar experience in financial accounting and reporting within a large financial institution.
- Minimum 8 years of relevant experience in more than one of the following areas: Audit Testing Internal Controls Financial Reporting and/or FI Regulatory Reporting.
- Advanced knowledge of accounting regulatory compliance (including IFRS) and financial laws and regulations impacting banks/financial institutions
- Strong understanding of risk and internal controls affecting finance accounting and regulatory matters particularly controls testing methodology and related tools
- Excellent analytical skillsable 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
- Demonstrated leadership and people management capabilities including strong coaching skills
- Highly organized and adept at managing multiple complex projects concurrently remaining calm and focused amid competing priorities
- Flexible and adaptable able to collaborate across diverse stakeholder groups and business units
- Proven ability to drive success in a high-performing dynamic small/medium team environment
Whats in it for you
- An inclusive & collaborative working environment that encourages creativity curiosity and celebrates success!
- We offer a competitive rewards package: Performance bonus Employee Share Ownership Program and Pension Plan Matching Health Benefits from day one!
- Your career matters! You will have access to career development and progression opportunities.
#scotiafinancejobs
Location(s): Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose: for every future we help our customers their families and their communities achieve success through a broad range of advice products and services including personal and commercial banking wealth management and private banking corporate and investment banking and capital markets.
At Scotiabank we value the unique skills and experiences each individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including but not limited to an accessible interview site alternate format documents ASL Interpreter or Assistive Technology) during the recruitment and selection process please let our Recruitment team know. If you require technical assistance please click here. 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.
Required Experience:
Exec
Employment Type
Full Time
