Senior Audit Manager, Compliance & Legal Audit

Senior Audit Manager, Compliance & Legal Audit

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 Senior Audit Manager assists in leading internal audit activities for the Global Compliance & Legal audit portfolio 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.

Global Compliance & Legal audit portfolio includes:
Global Compliance (2nd line), Legal Department, Corporate Secretary/Governance, and Corporate Security. The role will also lead and/or support the Compliance & Legal/Governance Centres of Excellence (CoE), responsible for developing and maintaining internal audit programs and standards, and advising on audits in these areas to support the global Audit Department.

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.
• 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.
• 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-to-day 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 work papers, ensuring internal control weaknesses are clearly documented with recommendations addressing the root cause and are communicated timely to management. Works with other audit teams as required.
• 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 behaviours; 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? – We would love to work with you if you have:

• University/Post secondary degree in Business or equivalent. Relevant Audit or business certifications (e.g. CIA, CPA, etc.).
• At least 5+ years of relevant experience.
• Working knowledge of the operations and regulatory environments for each unit as applicable.
• 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…