Manager, U.S. Loan Review, U.S. Audit

Manager, U.S. Loan Review, U.S. Audit

Requisition : 241472

Salary Range: 76,.00

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.

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

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 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.

Ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures.

• Support 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.
• Work with other audit teams as required.
• Execute, plan and report on the assigned audits. Obtain a thorough understanding of the business/unit/ process and associated risks, develops an appropriate risk-based audit approach, and schedules timing and resources.
• Ensure audit results are gathered, determining the root cause of the problem and the associated impact. Draft reports and issues. Present audit results and findings for presentation to management.
• Champion a client focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• 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.
• Stay informed on emerging risks, regulatory changes, and industry trends. Convey risk-related information to Officer-in-Charge or Audit Principal and senior management.
• Maintain stakeholder relationships to successfully carry out audit activities.
• Champion a high-performance environment and contributes to an inclusive work environment.
• Meet Department training requirements.
• Conduct work efficiently and works within engagement budget.

• University/Post secondary degree in Business, Finance, Economics, Accounting, or equivalent. Relevant Audit or business certifications.
• At least 5+ years of progressive experience in credit risk review/audit, corporate, commercial or specialized lending, credit adjudication and U.S. regulatory functions.
• Ability to work in high…