Audit Manager, Global Compliance Audit

Scotiabank; Toronto; On-site; CAD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive benefits plan

Inclusive work environment

Development opportunities

Job summary

Scotiabank in Toronto is seeking a senior Compliance Auditor to provide independent assessment of the Global Compliance Function and internal controls, supporting the VP and Director in designing the Annual Audit Strategy and audit programs across Compliance Functions and Enterprise Compliance. This role includes coordinating audits with Country audit teams to ensure coverage and timely reporting.

You will execute audit engagements, maintain awareness of regulatory changes, and contribute to the

Qualifications

• 5+ years' experience in Compliance or related field covering Compliance functions e.g., internal audit, consulting regulatory experience, data analytics.
• Working knowledge of the Bank's Compliance framework, structure, programs, key regulations/regulators, and systems.
• Internal or external audit background. Accounting designations / professional qualifications (CPA, CFA, CIM, etc.) will be an asset

Responsibilities

• Contributes to the Global Compliance Centre of Excellence
• Assists in developing the CoE program across regulatory compliance areas
• Executes audits of the Compliance function to form opinions
• Collaborates with Country / Business Audit teams for coverage
• Assists with Compliance Audit Plan development and management
• Supports representation of Audit at Compliance or Conduct Risk committees

Skills

Compliance experience

Regulatory knowledge

Audit background

Data analytics

Communication skills

Education

Bachelor's degree in business, finance, economics, accountancy or equivalent

Accounting designations / professional qualifications (CPA, CFA, CIM, etc.)

Tools

MS Access

Excel

Visio

Word

Tableau

Job description

Requisition ID: 260359

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

Provide independent, objective assessment and evaluation of the effectiveness of the Global Compliance Function and of internal controls in place to mitigate regulatory risk. Accountable for assisting the VP and Director in the design and execution of the Annual Audit Strategy / Plan and audit programs covering Compliance Functions and Enterprise Compliance, including supporting the VP in developing and executing strategy for the Compliance Centre of Excellence (CoE). This includes participating in and coordinating audits with Business Line and Country audit teams to ensure appropriate coverage. The incumbent will execute audit engagements and is responsible for assisting with planning and reporting of assigned audits in accordance with department standards.

Is this role right for you? In this role you will:

• Contributing member of the Global Compliance Centre of Excellence
• Assists in the development of the CoE Program (including Regulatory Compliance Management, Conduct, Sales Practices, Privacy and Consumer Protection) through the roll-out of a global audit program that ensures a consistent approach to audits of regulatory compliance risk across Audit Division
• Executes audits of the Compliance function (including as it relates to Regulatory Compliance Management, Conduct, Sales Practices, Privacy and Consumer Protection) to formulate a periodic opinion on the effectiveness of the function in managing regulatory compliance obligations across Scotiabank
• Liaises with Country / Business Audit teams to ensure consistency in audit coverage and execution
• Incorporates the results of audits executed by Business Line / Country audit teams to ensure adequate coverage across the Regulatory Compliance Management pillars of Compliance.
• Assists the Senior Manager in the development and management of the Compliance Audit Plan
• Executes the annual Compliance Plan and updates the Risk Assessment Database
• Maintains a thorough understanding of risks and processes within regulatory compliance related functions of the Bank. This includes keeping abreast of key industry developments, regulatory changes, and identifying key systemic issues (arising from audits globally) and internal changes that will impact the annual audit plan and / or quarterly Audit Committee reporting.
• Assists with the coverage, execution, and assessment of audits related to regulatory compliance, Conduct, Sales Practices, Privacy and Consumer Protection
• Executes the quarterly continuous monitoring program
• Maintains relationships with Global Compliance and audit teams (Country / Business Line audit teams)
• Executes audits of the Global Compliance Function, Enterprise Compliance, and special investigations and / or assignments. This includes ensuring the audit planning, execution, and reporting are completed in accordance to agreed timelines and department standards
• Executes testing team for certain regulatory requirements where centralized testing is a preferred approach
• Supports the Senior Manager in representing Audit at Compliance and/or Conduct Risk committees
• Pursues effective and efficient operations of the 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.

Skills

Do you have the skills that will enable you to succeed? – We would love to work with you if you have:

• 5+ years' experience in Compliance or related field covering Compliance functions e.g., internal audit, consulting regulatory experience, data analytics.
• Working knowledge of the Bank's Compliance framework, structure, programs, key regulations/regulators, and systems.
• Internal or external audit background. Accounting designations / technical / professional qualifications (CPA, CFA, CIM, etc.) will be an asset
• University degree in business, finance, economics, accountancy or any other relevant area
• Expert knowledge of MS Access, Excel, Visio, Word and Tableau
• Proven track record of training / presenting to large stakeholder groups
• Ability to write clearly and concisely
• Strong strategic, analytical, problem-solving and critical thinking skills
• Thrives in a dynamic team-oriented environment
• Fluency (writing and speaking) in Spanish language would be an asset

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

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.