Title:  Intern, Internal Control, APAC (3 months internship)

Requisition ID: 221490  

We are committed to investing in our employees and helping you continue your career at Scotiabank. 

Internal Control, Asia Pacific (IC APAC) is responsible for ensuring that the Global Banking & Markets (GBM) units of the Bank in Asia Pacific region has the appropriate controls to manage operational risks and adheres to regulatory requirements relevant to the business.

Responsibilities

1. Ensuring that GBM policies and procedures are consistently implemented to effectively manage the operational risks applicable to the business units.
2. Ensuring that applicable new business and technology initiatives emanating from or launched in the region and those initiated by other GBM groups but that have an impact on any or all of the APAC GBM units, are handled in accordance with the GBM New Initiative Risk Assessment process.
3. Ensuring that the processes and practices in the new and existing businesses meet the applicable regulatory requirements.

With the increased industry focus on operational risk management, IC APAC offers challenging and exciting career opportunities.

Overview
As an intern within IC APAC, you will be responsible for supporting various activities and gaining relevant exposures:

Risk reviews

• Participate in Business risk review e.g. Risk and Control Self-Assessment (RCSA) and Operational Risk Events review, including:
  • Assist in reviewing business end to end process and key controls documentation.
  • Assessing the design and operating effectiveness of business processes.
  • Connect end to end process between front office to support functions and identify enhancement opportunities.
• Assist in Key risk indicator monitoring and escalate threshold breaches.
• Support preparation of various local governance and management committee meetings.

Governance and supervision

• Support trade supervisory oversight and monitoring processes and tasks e.g., coordinate trading oversight reporting and Trade Floor Supervision related activities.
• Support monitoring business activities in accordance with the Trade Floor Supervision program.

Requirements

• Studying for a degree / major in Finance/Accounting/Business/Economics. Other disciplines will also be considered. 
• Preferably in Year 2 or final year of undergraduate studies
• Display strong appreciation of controls and non-financial risk concepts and be undertaking Business, Finance or Accounting degree.

Location(s):  Singapore : Singapore : Singapore 

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.

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