AML Audit Manager

Scotiabank; Dallas (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Flexible benefit programs

Holistic well-being support

Job summary

Scotiabank is seeking an Audit Manager in Dallas, Texas. This role is central to executing AML audits to ensure adherence to regulations, focusing on the evaluation of internal controls. The ideal candidate should have 4-6 years of experience in capital markets, a strong understanding of risk management and auditing functions, and outstanding written and verbal communication skills. Scotiabank promotes a high-performance culture with a focus on holistic well-being, offering various benefits to its employees.

Qualifications

• 4-6 years of experience in capital markets AML control environment.
• Strong knowledge of AML and risk management functions.
• Prior auditing experience required.

Responsibilities

• Support execution of assigned audits and discussions with management.
• Execute, plan, and report on audits.
• Ensure internal control weaknesses are documented with recommendations.

Skills

AML knowledge

Audit functions

Analytical skills

Communication skills

Time management

Education

MBA

CFA

ACAMS/CAMS

CIA

Job description

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Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

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

Purpose

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, initiatives are executed / delivered in support of the team’s business strategies and objectives.

The successful candidate will have a thorough understanding of the AML and BSA requirements, including but not limited to the Bank Secrecy Act and OFAC regulations, guidance, and regulatory expectations. The candidate will perform AML audits to assess the design and operating effectiveness of internal controls relating to risk monitoring, challenge, and reporting activities within the U.S and are in compliance with governing regulations, internal policies, and procedures.

The incumbent will be required to work as part of the team and assist the Director, U.S. AML Audit to provide audit services over the U.S. AML program. The incumbent should be able to apply risk-based auditing standards, frameworks, practices, techniques, processes, and methodologies, and regulatory guidelines to the performance and review of audits, including providing high quality, value-added advisory services to Management as part of audits or special projects/assignments, while ensuring that audit methodology standards are met.

What You'll Do

• 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.
• Delivers end-to-end process of the execution of the audit and ensures nature and extent of testing is appropriate to support the objective, scope, and overall opinion. Completes timely review of workpapers, ensures internal control weaknesses are clearly documented with recommendations addressing the root cause and are communicated timely to management. 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.
• Manages self-development by confirming/communicating job expectations, identifying mentors/coaches and enquiring about training needs, ensuring timely completion of performance appraisals and manages assigned staff.

What You'll Bring

• Technical/Professional qualifications such as MBA, CFA, ACAMS / CAMS and/or CIA.
• 4-6 years of progressive experience in capital markets AML control environment.
• Strong knowledge of AML and risk management functions, and audit functions. Prior auditing experience in these areas. Exposure in working with AML management personnel would be an asset.
• Strong analytical skills necessary to assess risk exposures and understand risk quantification and valuation methodologies.
• Ability to quickly understand the risks associated with new products, processes, routines and formulate audit procedures to ensure that the controls are adequate.
• The incumbent must possess expert time management skills in order to manage multi-functional accountabilities through prioritization, delegation, motivation, conflict resolution and the promotion of ideas.
• Excellent written communication skills are essential, with superior issue and audit report writing skills. In addition, the incumbent should be skilled at verbal engagement and presentation, of a caliber suitable for direct exposure to executive management.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

We welcome applicants requiring accommodation during recruitment and selection. Please notify our Recruitment team if you need an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology.

Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.