Senior Audit Manager, Global Wealth & Insurance Audit

Scotiabank; Canada; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading financial institution in Canada is seeking an Audit Manager to evaluate internal controls and manage audit projects. The ideal candidate has over 5 years of experience in insurance or finance and possesses strong communication and organizational skills. This role emphasizes a customer-focused culture and offers professional development opportunities.

Benefits

Diversity and inclusion initiatives

Accommodations available upon request

Qualifications

• 5+ years in insurance, finance, accounting, or asset management.
• Experience in the insurance industry preferred.
• Audit experience in relevant areas.

Responsibilities

• Evaluate internal controls on projects.
• Manage audit planning for moderate to high complexity areas.
• Document all audit work using TeamMate software.

Skills

Self-motivated

Results-oriented

Strong communication skills

Proficiency in MS Word

Excel

Visio

Data analysis tools

Spanish language skills

Education

University degree

Accounting designation (CPA)

Industry courses (CFA, CFP)

Tools

Audit software (e.g., TeamMate)

Tableau

Power BI

Job description

Requisition ID: #

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

Purpose

Reporting to the Director, GWI Audit, the incumbent will be responsible for:

• Evaluating the design and operation of internal controls on projects within the Global Wealth and Insurance audit universe, focusing on Scotia bank’s insurance businesses (Creditor and non-creditor).
• Acting as Officer-In-Charge for moderate to complex projects, processes, and units.
• Ensuring department standards are met in all assignments.

Accountabilities

Champion a customer-focused culture to deepen client relationships and leverage broader bank relationships, systems, and knowledge.

Audit Planning

• Manage audit planning for areas of moderate to high complexity, ensuring scope, timing, and resources are appropriate.
• Develop understanding of business risks and processes for assigned projects.
• Update Audit Project Outlines and Audit Programs as needed.
• Identify strategic changes impacting the Audit Plan and risk assessment.
• Contribute to the Annual Audit Plan.

Auditing and Execution

• Assess the effectiveness of internal controls through audits.
• Manage and execute audit activities independently, ensuring sufficient testing.
• Coordinate resources as Officer-In-Charge for risk coverage.
• Document all audit work using TeamMate software.

Problem Identification

• Identify and assess control weaknesses, determine causes, and recommend mitigations.
• Review audit findings and follow up on issues.

Reporting and Communication

• Draft clear and concise audit reports and correspondence.
• Review reports from team members when Officer-In-Charge.
• Maintain relationships with key stakeholders.
• Contribute to quarterly and annual audit reports.

HR Management

• Adhere to HR policies.
• Guide and coach staff, provide feedback, and support professional development.
• Prepare performance assessments and development plans.
• Engage in continuous self-development and knowledge sharing.

Education and Experience

The ideal candidate will have:

• Experience in the insurance industry and/or in-depth knowledge of insurance (preferred).
• 5+ years in insurance, finance, accounting, or asset management, with audit experience in these areas.
• University degree; accounting designation (CPA) and industry courses (CFA, CFP) are assets.
• Proficiency in MS Word, Excel, Visio, and data analysis tools (Tableau, Power BI, etc.).
• Knowledge of audit software (e.g., TeamMate).
• Self-motivated, results-oriented, highly organized, with strong communication skills.
• Spanish language skills are an asset.

Location

Canada, Ontario, Toronto

Scotiabank is committed to diversity and inclusion. Accommodations are available upon request during the recruitment process. Only selected candidates will be contacted.