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Title:  Analyst, U.S. Capital Markets Audit




Requisition ID: 160258

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.


Contributes to the overall success of the Audit Department in the US ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.  Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.


The successful candidate will perform / manage audits to assess the design and operating effectiveness of internal controls relating to capital markets activities within the U.S.  The incumbent will be required to work as part of the team and assist the Managers and Senior Managers, US Capital Markets Audit to provide audit services to capital markets, investment banking and/or treasury functions within the Bank. The incumbent will also support the providing of high quality, value added advisory services to Management as part of the audits or special projects/assignments, while ensuring that audit methodology standards are met.


Apart from possessing knowledge in capital market products and related risk management techniques, the incumbent should be able to apply risk-based auditing standards, practices, techniques, processes and methodologies to the audit of the internal controls.




Is this role right for you? You will be responsible for:



  • Supports a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Review the control effectiveness for managing risks in trading activities. Assess the trading and sales practices controls within Front Office units and overall trading management oversight.
  • Review effectiveness of risk management controls and measurement technique, limit design and monitoring, risk reporting and traded products valuations based on an understanding of the trading strategies and products.
  • Assess the effectiveness of transaction recording and deal controls.
  • Work with auditors within the audit department to perform end-to-end business line reviews.
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Maintain knowledge of capital markets practices, policies and procedures and local regulations.
  • Provide support to stakeholders on capital markets issues and/or changes.
  • Engagement and coordination with Stakeholders for audit issue resolution.
  • Support the unit’s continuous monitoring program so as to understand and identify changing conditions within business, risk and corporate functions, keep abreast of changing risk profiles, guide assessment of emerging risks, identify systemic issues and determine current and future audit requirements.




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



  • An undergraduate degree, with a concentration in Finance/Business Management.
  • 0-2 years of relevant experience in audit and capital markets environment, with broad knowledge of capital markets products and/or prior auditing experience with respect to trading, investment banking or treasury activities, is a significant advantage.
  • Strong analytical skills necessary to assess risk exposures and understand risk quantification and valuation methodologies.
  • Ability to understand the risks associated with new products, processes, routines and execute on audit procedures to ensure that the controls are adequate.
  • Strong written communication skills which would include audit issue writing. In addition, the incumbent should be able to maintain effective verbal engagement and presentation, of a caliber suitable for direct exposure to business stakeholders of varying seniority.
  • Working knowledge in risk based audit methodologies. 


Location(s):  United States : New York : New York City 

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.

Nearest Major Market: New York City

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