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Title:  Audit Manager, US AML Audit




Requisition ID: 153435

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


The Audit Department is the 3rd Line of Defense and plays a key role in the internal control system of the Bank. Its mandate is to provide independent and objective assurance over the design and effectiveness of internal controls to mitigate risks and to provide advisory services designed to improve the Bank's operations.


The Manager will be working as part of the US AML Audit Team and be responsible for executing AML and Sanctions-related audits. The Manager will work with the Senior Manager and Director to execute AML and Sanctions audits to assess the design and operational effectiveness of internal controls, adherence to regulatory requirements and Bank policies, and the efficiency and effectiveness of operations of the AML/Sanctions Compliance function. The Manager will assist in all aspects of the audit, including the planning, execution, and reporting phases. The Manager will also be involved in internal and external issue validation as well as audit continuous monitoring activities.




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



  • Maintain a thorough understanding of the business, risks, and processes for assigned areas;
  • Maintain a thorough understanding of AML and Sanctions laws, regulations, guidance, and regulatory expectations;
  • Execute assigned activities in accordance with department methodology/standards;
  • Provide input on the planning of audits or assigned areas to help ensure the scope and extent of work is in accordance with the approved plan, timing and budget are reasonable, procedures are efficient, appropriate resources are assigned, and the risk is understood;
  • Performance of design and operating effectiveness testing of the internal control framework assoicated with the AML/Sanctions Compliance Programs;
  • Maintain effective communication with stakeholders including appropriate handling of conflicts and issue resolution;
  • Assist in the validation of internal and external issues;
  • Presentation of findings to the Senior Manager and Director and assisting in the drafting of audit findings and reports;
  • Ensure working paper files are documented timely and in accordance with established standards;
  • Attend periodic meetings with AML/Sanctions Compliance/Operations management to understand changes and new business initiatives and review key performance indicators to assess potential impact to the audit plan;
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions;
  • Manage the development of staff by providing direction and coaching; impart specialized skills to other auditors through peer discussions and cooperation on integrated audits;
  • Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment.



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



  • At least 5 years in AML/Sanctions Compliance, Audit, consulting, or Regulatory body;
  • Excellent knowledge of AML and Sanctions laws, regulations, guidance, and regulatory expectations (ACAMS certification preferred);
  • Knowledge of auditing concepts and techniques;
  • Well-developed judgment, management, decision-making and problem-solving skills;
  • Strong written and verbal communication skills;
  • Expert time management skills with the ability to take on multiple projects at one time;
  • Excellent work paper documentation skills (i.e., thorough/detail-oriented);
  • Ability to work independently and within a team environment;
  • Highly proficient in the use of Word, Excel, and Powerpoint


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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