Audit Manager, Canadian Banking - Scotiabank, Toronto

AI Summary

This Audit Manager position at Scotiabank in Toronto, Ontario, focuses on Canadian Banking Audit. The role involves assessing the design and operating effectiveness of internal controls within Canadian Banking business units and delivery channels. Key duties include ensuring compliance with regulations and best practices, supporting audit execution, and maintaining Scotiabank standards. Top requirements include a university degree or relevant experience, at least five years in retail banking or audit, strong communication skills, and a solid understanding of the Canadian banking business and regulatory environment.

About the Role

As an Audit Manager within Scotiabank's Canadian Banking Audit team in Toronto, you will play a crucial role in the Bank's Third Line of Defence. This position involves collaborating closely with Senior Managers and Directors to evaluate the robustness of internal controls across various Canadian Banking business units and delivery channels. A core responsibility is to ensure that all business strategies, plans, products, and services are executed in strict compliance with governing regulations, internal policies, and industry best practices. This dedicated audit professional contributes significantly to the overall success of the Audit Department, helping to execute its global mandate by ensuring individual goals and initiatives align with team and business objectives. The Audit Manager is expected to stay informed of relevant business risks and controls, effectively conveying risk-related information to the Officer in Charge. This role also involves maintaining strong stakeholder relationships to facilitate successful audit activities and contributing to special projects, including investigations, as assigned by management. The successful candidate will champion a client-focused culture and contribute to a high-performance, inclusive work environment, upholding Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics in all assignments.

Skills and Experience for Success

To thrive in this Audit Manager role, candidates should possess a university or post-secondary degree, or equivalent relevant experience, demonstrating a strong foundation in finance or a related field. A minimum of five years of experience in retail banking, global operations, audit, or a regulatory body is essential, with prior experience in First Line of Defence roles at Scotiabank or Tangerine, or current audit experience, being highly preferred. The ideal candidate will exhibit strong interpersonal and communication skills, both verbal and written, enabling effective collaboration with staff and management at various levels across the banking environment. A comprehensive working knowledge of the Canadian Banking business line structure, its programs, products, key regulations, and regulatory environment is critical. Furthermore, an understanding of banking operations and the regulatory landscape of retail, small business, and commercial banking in Canada is required. The ability to navigate high levels of ambiguity and adapt to a rapidly changing environment is also important. Analytical skills, including capabilities leveraging data analytics tools or visualization software, are highly valued. Proficiency in Excel and PowerPoint is expected, and French language skills are considered a valuable asset for this management position.

Why Join Scotiabank?

Joining Scotiabank means becoming part of a purpose-driven, winning team committed to results within an inclusive and high-performing culture. This opportunity allows you to contribute to a forward-thinking organization where collaboration and innovative thinking are highly valued. Scotiabank offers a competitive compensation package and a comprehensive benefits plan, recognizing the importance of employee well-being. Furthermore, you will be part of an organization deeply committed to making a positive difference in our communities, both for its employees and its customers. This role provides a dynamic environment where an Audit Manager can truly make an impact on the internal control framework of Canadian banking.