Title:  Manager, Fraud Governance and Internal Controls

Requisition ID: 238714

 Salary Range: 76,500.00 - 142,120.00 

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! 

Purpose

The Manager, Fraud Governance and Internal Controls will ensure integrated and comprehensive business controls are in place to reinforce a strong risk and control culture within Fraud Management.  Provide independent assessments of operational performance to develop a strong level of audit preparedness/operational readiness for Fraud Management. Oversee all testing programs (e.g. Audit, Compliance, Global Operations Risk) – from preparation to issue resolution. Provide support for the implementation of first line governance and oversight activities; support the first line in ensuring adherence to applicable policies, risk management frameworks and regulatory requirements in Fraud Management’s existing processes and throughout new initiatives.

What You'll Do

• Responsible for the development, implementation and management of a formal Internal Controls Framework and Fraud Control Repository in collaboration with Risk Owners and Compliance.
• Supervise and approve Operational readiness planning programs, sample testing and working papers for compliance with auditing standards and ensuring on time
• Act as the primary point of contact between the risk advisors and business unit partners with the Compliance team as it pertains to regulatory library and control updates.
• Assist Fraud Management across all sites during Internal Audits and 2nd   and 3rd line testing engagements to ensure smooth execution, high responsiveness and timely issue resolution.
• Actively pursue effective and efficient operations of their respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
• Administer an internal review program that provides Fraud Leadership Team with a reasonable assurance of compliance with regulatory and disclosure requirements and business controls.
• Supervise and review the annual control walkthroughs, attestation and testing of all in-scope controls.
• Identify emerging issues that may impact the annual review plan through discussions with key business stakeholders.
  
  
  

What You’ll Bring 

• Bachelor’s degree in business administration or a related discipline.
• 3+ years of experience in an operational risk management, compliance or audit function in the financial services industry or 5+ years of relevant Retail & Commercial Banking experience.
• Good understanding of regulations and compliance risks impacting the Bank and the importance of key mitigating controls.
• Experience with identifying, documenting and assessing risk and controls within the first line.
• Experience in delivering on regulatory compliance projects and/or programs.
• Excellent verbal and written skills with the ability to effectively communicate with business partners at all levels of the Bank.
• Excellent problem solving, critical thinking, analytical and negotiating skills.
• Expert knowledge of Microsoft Excel, PowerPoint, and Word.
• Expertise in Power BI and Python is an asset.

Interested? 

If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank! 

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture. 

What's in it for you? 

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

Location(s):  United States : Texas : Houston

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.