Senior Audit Manager, Global Transaction Banking Audit

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Requisition : 250980

Salary Range: -

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 (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!

The Senior Audit Manager leads and oversees the internal audit activities in support of the Global Transaction Banking (GTB) 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.

• Leads and drives a client focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Leads and manages end-to-end audits for GTB business, including planning, execution, and reporting.
• Develops and maintains a thorough understanding of GTB products, services and regulatory requirements.
• Provide strategic insights and recommendations to enhance the effectiveness and efficiency of GTB processes.
• Acts primarily as Officer in Charge (OIC) for assigned projects, processes, and units or participates as a team member under the direction of the OIC. May act as Audit Principal in some low to medium complexity assignments.
• Ensures Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments.
• Assists in the development and execution of a comprehensive and strategic audit plan, ensuring auditable entities remain within cycle. May also execute assigned audit activities independently as a team member under the direction of the OIC on assignment.
• Conducts ongoing monitoring activities to stay abreast of changes (best practices/business/industry trends/regulatory), emerging risks, and themes or systemic issues that may impact the risk assessment of the audit universe and the audit plan.
• Leads the execution, planning, and reporting on assigned audit projects. Obtains a thorough understanding of the business/unit/process and associated risks, develops risk-based audit planning documents/procedures, and schedules timing and resources. Prioritizes activities and exercises problem solving skills in audit projects based on risks and tasks assigned in a timely manner.
• Manages and supervises the end-to-end process of the execution of the audit and ensures the nature and extent of testing is appropriate to support the objective, scope, and overall opinion. Completes timely review of work papers, ensuring internal control weaknesses are clearly documented with recommendations addressing the root cause and are communicated timely to management.
• Ensures audit results are gathered, determines the root cause of the problem and the associated impact and…