Title:  Senior Analyst, U.S. Finance & Regulatory Reporting, New York Agency - Audit

Requisition ID: 205496

 Salary Range: 67,400.00 - 125,200.00 

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

Contributes to the overall success of US Finance and Regulatory Reporting audits. The senior analyst assists in ensuring successful audit coverage and initiatives, making sure all activities comply with governing regulations, internal policies, and procedures. The senior analyst is responsible for the audit's aspects, including the planning, execution, and reporting phases. They will also be involved in validating internal and external issues and conducting ongoing audit monitoring activities.

What You’ll Do 

• Champions a customer-focused culture to enhance client relationships and utilize broader Bank resources, systems, and knowledge.
• Leads and assists in designing and conducting effectiveness tests to ensure adequate controls over finance functions (e.g., banking & broker-dealer activities/reporting) and validate source documents.
• Maintain a thorough understanding of the business, risks, and processes for assigned areas.
• Assist in reviewing outstanding issues related to source validation, reporting, and controls. Perform analysis to identify themes, determine the root cause of weaknesses, and prepare reports to communicate the test findings as needed.
• Maintain effective communication with stakeholders, including appropriate handling of conflicts and issue resolution.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Responsible for assisting in the development of appropriate audit plans/activities for assigned areas (e.g., banking & broker-dealer regulatory reporting, financial reporting, product control, human resources, taxation).
• Actively assist OIC (Officer-in-Charge) in defining the scope of audits, including alignment with the title and coverage of in-scope processes sufficient to provide holistic assurance, including integration with global processes as applicable.
• Actively assist OIC in delivering well-crafted and impactful audit issues aligned with the client's understanding of their environment, clearly identifying the need for meaningful change, with recommendations and expected evidence of remediation that address the established root cause.
• Maintain a high-performance environment through self-assessment and continuous learning.
• Implement potential data analytics use cases (e.g., using Alteryx, PowerBI) and develop continuous auditing as required.
• Contribute to an inclusive work environment.

What You’ll Bring 

• 2+ years of banking/broker-dealer activities in audit and/or financial reporting
• 4+ years of relevant experience in auditing financial and reporting controls, specifically, financial close, financial and management reporting, booking model, financial projection & analysis, and product control, SOX controls, control activities (e.g., variance analysis, application of manual adjustments, and management review and approval). 
• Experience with analytical and problem-solving in the context of a finance department at a banking organization. 
• Understanding of a product mix, including securities, loans, and derivatives
• Understanding of internal audit methodology and principles
• Strong written communication and interpersonal skills
• Certification: CPA, CIA, CFA plus 
• Big 4 experience plus
• Banking/broker-dealer regulatory reporting plus

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 : 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.