Overview
Senior Audit Manager, Canadian Banking Audit Jobs in Toronto, Canada at Scotiabank
Join a purpose driven winning team, committed to results, in an inclusive and high‑performing culture.
As the 3rd Line of Defence, Internal Audit provides enterprise‑wide, independent, and objective assurance over the design and operations of the Bank’s internal controls, risk management and governance processes. We are professionals who thrive in a challenging environment and work with management to find solutions to address control weaknesses.
The incumbent will be working directly with Directors in Canadian Banking Audit in a hybrid office environment (current in‑office expectations of office 3 times/week, subject to change) and be responsible for leading and executing audits over the Retail, Business Banking, and Commercial business lines and control/support functions, including Tangerine. The incumbent will act primarily as Officer‑in‑Charge (OIC) on related audit engagements and is responsible for managing the planning, execution, and reporting of assigned audits in accordance with department standards.
The Senior Audit Manager assists in leading and executing audit activities for Canadian Banking in support of the Audit Department in executing on its global mandate, ensuring business strategies, plans and initiatives and all audit activities are conducted / executed / delivered in compliance with governing regulations, internal policies, and procedures.
The Senior Audit Manager is a dynamic, innovative, and trusted advisor who uses data to deliver industry leading assurance and insights to keep the Bank and our customers safe.
The ideal candidate will have 8+ years of experience in retail products (lending and deposits) and/or retail operations, knowledge of regulatory obligations (e.g., FCAC and the Bank Act) and financial controls (SOX), and be proficient in data analytics (data acquisition and data analytics). The incumbent should also have good presentation and writing skills, and display a good balance between technical knowledge (technology) and soft skills.
Is
this role right for you? In this role you will:
- Act primarily as Officer in Charge (OIC) for assigned audits. May act as Audit Principal (AP) for low to medium complexity audits.
- As OIC/AP, oversee execution, planning, and reporting. Obtain a thorough understanding of the end‑to‑end business unit process and associated risks, develop an appropriate risk‑based audit approach and schedule timing and resources.
- Execute assigned audit activities independently as a team member.
- Work with other audit teams as required.
- Support a client‑focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
- Assess controls across the First Line of Defense, including financial controls, regulatory obligations, policies and procedures, underwriting, systems, and fraud management.
- Determine the efficiency, effectiveness, integrity, and reliability of internal controls in relation to defined control requirements, employing data analytics to support conclusions, where applicable.
- Ensure audit results are gathered and determine the root cause of the problem. Prepare audit results and findings for presentation to management. Follow‑up for corrective action/progress against any reported issues. Ensure relevant information that impacts other audit function areas is shared.
- Execute and manage assigned activities independently in accordance with the Department Standards ensuring audit testing is sufficient and appropriate to support the audit opinion.
- Document all audit work performed to ensure appropriate working papers are maintained and conform to department standards.
- Understand how the Bank’s risk appetite and risk culture should be considered in day‑to‑day activities and decisions.
- Ensure Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments. Build and maintain strong relationships with internal stakeholders as required.
- Support ongoing continuous monitoring activities to stay abreast of changes (business/industry/regulatory), emerging risks, and themes or systemic issues…
Title: Senior Audit Manager, Canadian Banking Audit
Company: Scotiabank
Location: Toronto, Canada
Category:
