Senior Audit Manager Job Toronto area,Ontario Canada,Finance & Banking

Is this role right for you?

In this role, you will:

Acts primarily as Officer in Charge (OIC) as a team member for assigned audits. May act as Audit Principal (AP) for low to medium complexity audits.

Provide support to the VP, AML/ATF & Sanctions and the Director (s), AML/ATF & Sanctions Audit with the management of the AML Audit Program which includes test scripts, training, annual planning, quarterly reporting, annual report to Board of Directors, Continuous Monitoring Activities, initiatives, projects (e.g regulatory remediation) and day to day operations of the AML Centre of Excellence. This includes supporting the Director, AML/ATF & Sanctions Audit in continuous monitoring to assess Financial Crime related controls in Transaction Monitoring, Sanctions and KYC areas.

As OIC/AP, oversees the execution, planning, and reporting. Obtains a thorough understanding of the end-to-end business/unit/process and associated risks, develops an appropriate risk-based audit approach, and schedules timing and resources.

Ensures audit results are gathered and determines the root cause of the problem. Prepares and/or reviews audit results and findings for presentation to management. Follows up for corrective action/progress against any reported issues. Ensures relevant information that impacts other audit function areas is shared.

Works with other audit teams as required and carries out specific projects.

Supports a client-focused culture throughout their team 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-today activities and decisions.

Plans, documents, and seeks agreement in advance to the project approach and confirms conclusions upon completion in writing.

Ensures Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments.

Builds and maintains strong relationships with internal and external stakeholders and regulators as required.

Interacts and coordinates with other groups involved. Completes timely review of workpapers, ensuring internal control weaknesses are clearly documented with recommendations addressing the root cause and are communicated timely to management.

Supports ongoing monitoring activities to stay abreast of changes (business/industry/regulatory), emerging risks, and themes or systemic issues that may impact the risk assessment of the audit universe and the audit plan.

Supports a high-performance environment and implements a people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vision/values/business strategy; and managing succession and development planning for the team.

Meets Department training requirements.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

University/Post secondary degree in Business or equivalent. Relevant Audit or business certifications.

At least 5+ years of relevant experience.

Demonstrates expertise in BSA/AML laws and regulations, as well as having experience with OSFI and FINTRAC requirements. Additionally, possesses an understanding of how to apply these requirements in a financial service environment.

Work individually or as part of a team to execute testing against AML laws and regulations, including assessing risks related to model design, data, output, and governance.

Leads the validation of AML issues identified during audits, ensuring that corrective actions are effectively implemented and sustainable. This includes reviewing management's action plans, conducting follow-up testing, and confirming that issues have been resolved in accordance with regulatory expectations and internal policies.

Engages in continuous learning and professional development to stay current with industry trends, regulatory changes, and best practices in AML and audit methodologies.

Proven ability to work in high levels of ambiguity and in a rapidly changing environment.

Highly proficient at applying Scotiabank methodology and using risk-based auditing standards and practices.

Strong analytical skills in the use of data analytics or visualization tools.

Ability to execute and supervise multiple projects at any given time.

Highly developed interpersonal and communication skills (verbal and written).

Strong people management and coaching/development skills.

Curiosity mindset.

Relevant professional qualifications/certifications such as CAMS, CPA, CFA, CISA will be beneficial.

What’s in it for you?

An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!

We offer a competitive rewards package:
Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!

Your career matters! You will have access to career development and progression…