Title:  Senior Analyst, Internal Controls

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Responsible for execution of strategies and testing plans to verify the adequacy of controls over regulatory reporting; validation to source documents; and ensuring compliance to regulatory reporting instructions, primarily relating to Federal Reserve Bank of New York (FRBNY).
• Responsible for execution of strategies and testing plans to verify the adequacy of internal controls over financial reporting.
• Responsible for reviewing outstanding issues relating to source validation, reporting and controls, performing analysis to identify themes, determining the root cause of the weakness and preparing reports to communicate the test findings.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Champions a high performance environment and contributes to an inclusive work environment.

Do you have the skills you need to succeed? We'd love to work with you, if you have:

Education/ Experience

• Bachelor’s degree in Accounting or Finance with good knowledge of technology
• Minimum 3 years of relevant experience in Internal Audit / Regulatory Reporting / Internal Controls testing of regulatory reporting of financial institutions.
• CPA or other relevant professional designations.
• Attention to detail and strong organization and analytical skills.
• Demonstrated ability to learn and succeed in a fast-paced environment.
• Ability to work both independently, with little supervision and within a team environment.
• The role requires knowledge of regulatory and financial reporting including an awareness of emerging regulatory requirements impacting changes to available data. Specific knowledge of Federal Reserve regulatory reporting for foreign banking organizations (such as FFIEC 002, FRY-15), bank holding companies banks.
• Solid understanding of overall banking business and products especially oriented to Capital Market sectors.

Skills

• This position is highly complex requiring a results-oriented individual who has a high degree of understanding of banking businesses, internal controls / audit disciplines, knowledge of regulatory and financial reporting, balanced by an intrinsic understanding of the business lines. Must be able to understand business processes, evaluate the system of internal controls and support the integrity of regulatory and financial reporting on target, on time, and on budget.
• Strong analytical and problem solving skills in the context of a finance department of a banking organization with a product mix of securities, loans and derivatives.
• Excellent people skills are required in order to influence department and external stakeholders and to deliver results under tight deadlines and multiple priorities.
• Strong written and verbal communications skills are essential to effectively drive change across culturally diverse workforce. Excellent English written and verbal communication skills are also necessary.

Functional competencies

• Strong understanding of internal controls.
• Sound understanding of computer applications, work flows, control design policies and procedures.
• Strong understanding of regulatory and compliance policies and procedures.
• Must have extremely strong interpersonal skills – collaboration across multiple business and technology functions, relationship building and consensus building.
• Effective listener and communicator, verbally and in writing.