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Title:  Senior Analyst - Testing (Business and Internal Controls) - Toronto or Ottawa




Requisition ID: 126447

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




The location of the individual can either be in Toronto or Ottawa.


NOTE: This role provides business controls testing and Issue Management support for Retail Products, Canadian Banking and is not an IT/QA tester role but more of an analyst/tester role for first line of defense.



Contributes to the overall success of the Retail Products and Regulatory Support team by taking lead on key testing initiatives.  The Senior Analyst is responsible to execute on testing plans and work hand in hand with the business to review findings and to help draft out achievable action plans to close gaps. To facilitate testing they will meet with key stakeholders including management, LOB, Business Unit Controls and other areas as necessary. The Senior Analyst is also responsible to provide support on Issue Management closure testing. In addition, they will be responsible for partnering with the Issue Management team to provide support on issues and to work closely with the action plan owners from action plan creation to closure. The Senior Analyst will schedule regular touch points with issue owners to stay up to date on progress and provide status updates to the Senior Manager. 

The Business Controls Team is a key component of Scotiabank’s Enterprise Risk Management Framework. Business Controls is responsible for fostering a robust control environment through partnership with the business units.


Key Accountabilities 


•    As a Senior Analyst, act as key tester in organizing testing initiatives such as end to end testing, which would include planning testing scope, timing as well as gathering testing results and summarizing in an executive summary format. This will also include meeting the business to review results and develop recommendations.

•    Support Issue Management on non-self-identified issues (i.e. Compliance, Audit, etc.) by following up on deliverables, completing quarterly updates and closure testing to attest to the issue resolution prior to submitting to Audit/Compliance for closure.

•    As a Senior Analyst, assist with reporting of testing standings and completion of quality assurance checks on completed testing and report findings to management. 

•    As a Senior Analyst, complete complex testing by producing detailed test scripts for any specific assigned project which could include control testing and pre-audit work.

•    Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

•    Perform control testing prior to Action Plan closure from Issue Management in order to validate issue resolution and root cause.

•    Perform remediation validation, when needed, of Action Plans from Issue Management to validate that remediation plans have been carried out as per defined plan.

•    Keep up to date with all procedural and policy changes within the business unit to ensure testing methodology is accurate and current.

•    Complete all required Bank related training.

•    Understand 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 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. 


Education and Other Requirements


•    Ability to prioritize, manage time well, and multitask

•    Data reporting, verification, and analysis skills

•    Strong interpersonal, communication, and customer service skills

•    Detail oriented

•    Effective written and communication skills

•    Problem solving skills

•    Self-directed with the ability to work independently

•    Previous quality and audit control would be considered an asset

•    Applies conceptual knowledge of theories, practices and procedures to support the testing framework

•    Understands professional standards, concepts, technologies used, and processes/ programs supported 

•    Has awareness of industry and professional area trends



Location(s):  Toronto || Canada : Ontario : Ottawa || 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.

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