Audit Manager, Global Compliance Audit

Scotiabank; Toronto; Hybrid; CAD 110,000 - 150,000; Full time

Job summary

Scotiabank is seeking an Audit Manager for Global Compliance Audit to provide independent assessment of the Global Compliance Function and internal controls. You will help design the annual audit strategy and lead audits across Regulatory Compliance, Conduct, Privacy, and related areas.

Collaboration with Country and Business Line audit teams is essential for comprehensive coverage. The role requires deep regulatory knowledge, strong analytical and communication skills, and experience leading

Qualifications

• 5+ years of compliance or related field experience.
• Working knowledge of the Bank's Compliance framework, structure, programs, key regulations/regulators, and systems.
• Accounting designations / professional qualifications (CPA, CFA, CIM, etc.) will be an asset.
• University degree in business, finance, economics, accountancy or related area.

Responsibilities

• Assist in designing and executing the Annual Audit Strategy / Plan and audit programs covering Compliance Functions and Enterprise Compliance.
• Execute audits of the Compliance function to assess effectiveness and report findings.
• Coordinate with Country / Business Audit teams to ensure adequate coverage.
• Assist with planning, reporting and updating the Risk Assessment Database.

Skills

Regulatory compliance

Audit experience

Data analytics

Communication skills

Regulatory knowledge

Education

University degree in business/finance/economics/accountancy

Tools

MS Access

Excel

Visio

Word

Tableau

Job description

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Title: Audit Manager, Global Compliance Audit

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.

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 our 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. 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.