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Title:  Director, Professional Practice




Requisition ID: 69277


Join the Global Community of Scotiabankers to help customers become better off.


Job purpose


Contributes to the overall success of the Audit Department through management of the global risk-based audit methodology, the global audit training strategy; the Audit Plan process; the Audit Risk Assessment methodology and process;  ensuring the department methodology  and standards remain line with industry best practice, regulatory guidance, and International Standards for the Professional Practice of Internal Auditing.  Leadership role in the global Audit Professional Practice team in support of the team’s business strategies and objectives. 


Key Accountabilities


  • Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Develops, maintains and enhances the global risk-based audit methodology and global training strategy to meet leading industry practice, standards, regulatory guidance and, builds on feedback from:
  •  Quality Assurance
  •  Global Audit Professional Practice (in-country and in EO)
  •  Approval comments from EVP & Chief Auditor, SVPs Internal Audit
  • Ensures the systems functionality to support methodology and data integrity for reporting, by collaborating to develop appropriate systems requirements.
  • Communicates new / revised standards and train all global audit staff and to provide guidance and understanding of the application of the methodology.  This includes maintaining the Audit Methodology Manual and all Circulars. 
  • Develops and coordinates the Annual Audit Plan and Human Capital Report process, including approval by the Audit and Conduct Review Committee of the Board.  This includes developing audit universe and risk assessment process, guidance and quality assurance checks.
  • Develops, monitors and evaluates the global audit training strategy to ensure that training standards are met. The strategy must support the skills and knowledge required to effectively execute the Audit Plan through methodology and soft skill training.
  • Supports development, documentation, collection and analysis of key performance indicators, including balanced scorecard and recommend initiatives to improve performance.
  • Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
  • Champions a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.


Education/Work experience/Designations


  • Person needs to have worked in a professional practice capacity at another audit firm/function
  • Formal training/certification in IIA standards
  • Spanish language knowledge an asset
  • Knowledge of  applicable regulations and industry best practices in Internal Audit methodology
  • Undergraduate degree with advanced degree in business or finance an asset/or comparable experience
  • Accounting or audit experience an asset
  • 5 to 10 years financial services experience
  • Training or coaching experience
  • Flexible, analytical, focused on results and efficiency and able to work independently.
  • Ability to communicate, written and oral, effectively to senior levels of management and external regulators.
  • Working knowledge of Word, Excel, and audit software tools (such as TeamMate)


Location(s):  Canada : Ontario : Toronto 

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. 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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