Audit Manager, Credit Risk Audit

Scotiabank; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

A leading Canadian bank is seeking an Audit Manager to support the Audit Department by providing independent assurance over internal controls and risk management processes. The ideal candidate will have strong analytical and communication skills, with a university degree in a related field and relevant experience in auditing or compliance. Join a high-performance team committed to inclusivity and professional growth.

Qualifications

• At least 2+ years relevant experience.
• Ability to work in high levels of ambiguity.
• Knowledge of Commercial & Corporate banking is preferred.

Responsibilities

• Supports the Officer in Charge with the execution of assigned audits.
• Draft reports and presents audit results to management.
• Ensures compliance with governing regulations and internal policies.

Skills

Good analytical skills

Communication skills

Curiosity mindset

Education

University/Post secondary degree in Business, Finance, Economics, Accounting

Tools

Data analytic or visualization tools

Job description

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Requisition ID: 227306

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose

As the 3rd Line of Defence, Internal Audit provides enterprise-wide, independent, and objective assurance over the design and operations of the Bank’s internal controls, risk management and governance processes. We are professionals who thrive in a challenging environment and work with management to find solutions to address control weaknesses.

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.

Accountabilities

• 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.

Education/Experience

• 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.

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.

Job Segment: Audit, Credit, Risk Management, Compliance, Internal Audit, Finance, Legal