Title:  Director, Audit Operations

Requisition ID: 239264  

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

The Director leads and oversees a team responsible for internal audit strategy, planning, communication and training, people and financial resource management, and other internal audit activities for the Audit Professional Practice in support of the Audit department in executing its global mandate; ensuring business strategies, plans and initiatives and all audit activities are conducted/executed/delivered in compliance with governing regulations, internal policies, and procedures.

Is This Role Right for You? In this role, you will:
• Lead and drive a customer-focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Be accountable for annual planning strategy, development, communication and approval, risk assessment and objective setting, ensuring alignment with the Bank’s risk profile and businesses; ensure that the latest industry standards and regulatory requirements are incorporated to keep the Plan current and robust through on-going monitoring and research.
• Work with the Audit senior and executive leadership team to develop, execute, track and report on the department’s Strategy and strategic initiatives.
• Drive training and ongoing support of a consistent learning strategy and experience across all business units globally; provide training to support components of the audit cycle across the Audit function globally; involve close coordination with the Methodology team to ensure consistent methodology and training is developed, tested and communicated to support objectives being met; interact with HR and external vendors, as appropriate in the delivery of industry leading training materials and practices.
• Lead HR initiatives within Audit including support for onboarding, transfers and offboarding experience Main lead to facilitate effective resource utilization across Audit by understanding the skills, knowledge, experience and development needs of employees in each of the units; includes being responsible for the department-wide resources management tool and enablement of the resource-sharing operating model; supervise, manage and allocate work to a centralized pool of shared resources within the department.
• Lead the communications team and drive department-wide communication strategy and messages from the Global Chief Audit Executive and raise employee engagement and awareness through technology enabled platforms; also develop presentations and key messages for senior and executive leadership for internal and external events.
• Ensure Department financial budget expenses and financials are administered and prepared appropriately and tracked, and budget concerns are escalated as required; including expense and invoice review and administration for Audit operations for Canada, U.S., Asia, Europe and the coordination of budgets and expenses with Latin America Audit teams; the management of vendor relationships and third-party risk management.
• Be accountable for implementing internal controls (including Privacy), risk management and governance processes and ensuring these are adequately designed, implemented, and operating effectively for Internal Audit to fulfill its role as third line of defense; lead administrative support team for Audit team in Canada.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Create an environment in which their team pursues effective and efficient operations of their 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.
• Build a high-performance environment and implement a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vision/values/business strategy; and managing succession and development planning for the team.
• Manage a team of approximately five FTE.
• Works with the Senior Audit Management Team (VP+) in support of approximately 650 auditors globally.
• Support across 15 countries and other business units as required.
• Support internal audit strategy plans, communication and training, people and financial resource management across all locations.

Do You Have the Skills?
• University/Post secondary degree in Business or equivalent. CPA, CFA, CIA or similar designation preferred.
• 10 years of relevant experience in a leadership role.
• Strong understanding of the Institute of Internal Audit standards.
• Strong knowledge of the regulations and regulatory environment including OSFI and global regulatory bodies.
• Ability to supervise multiple projects at any given time.
• Highly developed interpersonal and communication skills (verbal and written).
• Strong people management and coaching/development skills.

What’s In It for You?
• Champion a high-performance environment and contribute to an inclusive work environment.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• A competitive compensation and comprehensive benefits plan.
• An organization committed to making a difference in our communities - for you and our customers.
• You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

Location(s):  Canada : Ontario : Toronto 

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.

Note: All postings in me@Scotiabank will remain live for a minimum of 5 days.