Senior Audit Manager, AML Audit

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

Job summary

Join a purpose-driven team at a leading financial institution, where you will lead internal audits focused on Financial Crimes and AML. This role is pivotal in ensuring compliance with regulations and enhancing the Bank's internal controls. You will manage audit planning, execution, and reporting, while fostering an inclusive environment that supports professional development. Your expertise in BSA/AML laws and risk-based auditing will be essential in delivering insights that keep the Bank and its customers safe. If you thrive in a dynamic environment and are passionate about making a difference, this opportunity is perfect for you.

Qualifications

• Minimum 5+ years of relevant experience in audit.
• Expertise in BSA/AML laws and compliance requirements.

Responsibilities

• Lead audits related to Financial Crimes and AML.
• Collaborate with audit teams and maintain stakeholder relationships.

Skills

BSA/AML laws expertise

Risk-based auditing

Data analytics

Leadership skills

Communication skills

Education

Degree in Business or related field

Professional qualifications (CAMS, CPA, CFA, CISA)

Tools

Visualization tools

Job description

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Requisition ID: 221723

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

Purpose

As the 3rd Line of Defense, Internal Audit provides independent assurance over the Bank’s internal controls, risk management, and governance. We work with management to address control weaknesses and ensure compliance.

The Senior Audit Manager leads internal audit activities related to Financial Crimes and AML, supporting the Audit Department's global mandate. They ensure audits are conducted in accordance with regulations, policies, and procedures, delivering insights to keep the Bank and customers safe.

Accountabilities

• Act as Officer in Charge (OIC) or Audit Principal (AP) for audits, managing planning, execution, and reporting.
• Support the AML Audit Program, including test scripts, training, reporting, and monitoring activities.
• Understand end-to-end processes, develop risk-based audit approaches, and allocate resources accordingly.
• Gather audit results, identify root causes, and communicate findings with recommendations for corrective actions.
• Collaborate with other audit teams and support ongoing monitoring of industry and regulatory changes.
• Maintain strong relationships with stakeholders and regulators as needed.
• Ensure compliance with the IIA Code of Ethics and internal standards.
• Lead and motivate the audit team, fostering an inclusive environment and supporting professional development.

Education/Experience

• Degree in Business or related field; relevant certifications preferred.
• Minimum 5+ years of relevant experience.
• Expertise in BSA/AML laws, OSFI, and FINTRAC requirements.
• Experience with AML testing, risk assessment, and issue validation.
• Continuous learner with industry knowledge.
• Ability to work in ambiguity and adapt to change.
• Proficient in risk-based auditing, data analytics, and visualization tools.
• Strong communication, leadership, and coaching skills.
• Professional qualifications like CAMS, CPA, CFA, CISA are beneficial.

Location: Toronto, Ontario, Canada

Scotiabank is committed to diversity and inclusion. Accommodations are available upon request during the recruitment process. Candidates must apply online. Only shortlisted candidates will be contacted.