Audit Manager
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Job Location:
Monthly Salary:
Posted on:
5 hours ago
Vacancies:
1 Vacancy
Job Summary
Requisition ID: 243749
We are committed to investing in our employees and helping you continue your career at Scotiabank.
Purpose
The Banks Internal Audit Department plays a key role in the risk management process of the Bank. Its mandate is to provide independent and objective assurance over the design and operation of the Banks controls and operational processes and to provide advisory services designed to improve the Banks operations.
The role of this position is to perform and (in some cases) manage audits to assess the design and operational effectiveness of internal controls relating to trading and treasury activities in Toronto and international locations. The incumbent will be required to work as part of a team that audit major business lines (Global Banking and Markets and Group Treasury) and assist the Director/Senior Managers GBM/GT Audit in assessing controls relating to front middle and back offices in different locations that relate to the business lines. The incumbent will ensure that department standards are met on all assignments.
Good knowledge of treasury and capital market products and market risk management techniques will be required to perform treasury/trading related audits covering structural market and liquidity management risks. The incumbent should be able to assess applicability of regulations and apply risk-based auditing standards in review and testing of processes and controls around data management and methodologies.
Accountabilities
Reviewing effectiveness of risk management controls measurement techniques limits and reporting based on a detailed understanding of the treasury strategies and products involving interest rate risk liquidity and funding management.
Assessing the trading and sales practices controls within Front Office units and overall effectiveness of trading management oversight
Reviewing adequacy of various methodologies including structural interest rate risks and liquidity measurement.
Work with audit team members in the group in order to perform end to end business line reviews as directed by the Director & VP Global Banking Markets/Group Treasury Audit.
Skills Experience and Functional Competencies
Good knowledge of risk management and basic understanding of capital marketproducts.
Over 3 years of experience in internal audit.
Strong analytical skills necessary to assess risk exposure in complex products and understand risk quantification.
Self-starter and detail oriented; good written and oral communication skills.
Good data analytical skills (i.e. Python Alteryx).
Understanding of regulatory requirements for liquidity risk management and interest rate risk management would be an asset.
Education and Other Requirements
Requires an undergraduate degree in Business Finance Accounting or equivalent at a minimum.
Designation in CPA FRM or CFA will be an asset.
Emphasis will be given to candidates with relevant technical qualifications/professional training in risk management regulations Internal Audit and data analytics.
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:
Manager
Key Skills
- Auditing
- GAAP
- Accounting
- Research Experience
- SOX
- Project Management
- Customer relationship management
- Financial Report Interpretation
- Internal Audits
- Mentoring
- Supervising Experience
- GAAS
About Company
Scotiabank is one of the leading foreign banks serving large national and multinational corporations in the U.S. through its Global Banking and Markets, Global Transaction Banking and Wealth Management business lines.
