Title:  Senior Audit Manager, Canadian Banking Audit

Requisition ID: 242401  

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

As the 3rd Line of Defense, Internal Audit provides enterprise-wide, independent, and objective assurance over the design and operations of the Bank’s internal controls, risk management and governance processes. We are professionals who thrive in a challenging environment and work with management to address control weaknesses.

Is This Role Right for You? In this role, you will:
• Act primarily as Officer in Charge (OIC) for assigned audits; may act as Audit Principal (AP) for low to medium complexity audits.
• As OIC/AP, oversee execution, planning, and reporting; obtain a thorough understanding of the end-to-end business unit process and associated risks, develop an appropriate risk-based audit approach and schedule timing and resources.
• Ensure audit results are gathered and determine the root cause of the problem; prepare and/or review audit results and findings for presentation to management; follows-up for corrective action/progress against any reported issues; ensure relevant information that impacts other audit function areas is shared.
• Support a client-focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Plan, document, and seek agreement in advance to the project approach and confirm conclusions upon completion in writing.
• Ensure Audit reports are written to a consistent high standard and are finalized within established department metrics.
• Ensure Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments.
• Build and maintain strong relationships with internal and external stakeholders and regulators as required.
• Interact and coordinate with other groups involved. Completes timely review of workpapers, ensuring internal control weaknesses are clearly documented with recommendations addressing the root cause and are communicated timely to management.
• Support ongoing continuous monitoring activities to stay abreast of changes (business/industry/regulatory), emerging risks, and themes or systemic issues that may impact the risk assessment of the audit universe and the audit plan.
• Support 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 vison/values/business strategy; and managing succession and development planning for the team.
• Champion a high-performance environment and contributes to an inclusive work environment.
• Lead projects assigned, including Continuous Monitoring, Subsidiary Board Reporting, Audit Issue Closure, Whistleblower Investigations, Strategic Initiatives, Employee Engagement Initiatives, etc.
• Support increased use of Data Analytics through collaboration with Internal Audit and Audit stakeholders; assist with peer-to-peer training and knowledge-sharing.
• Meet Department training requirements for continuous learning.
• Be accountable for specific work in assigned Audits.
• Assist in continuous monitoring and identifying emerging risks/themes within the audit universe and assessing impact on Audit plan.
• Audit projects vary in complexity and number.
• Make presentations to other staff to share information for areas of specialization or information obtained in training programs and external courses.

Do You Have the Skills?
• At least 5+ years in Retail Banking, Global Operations, Audit, Regulatory body or related experience. Current/prior work experience in First Line of Defense roles at Scotiabank or Tangerine, and/or current/prior Audit experience are preferred.
• Strong knowledge of Canadian Banking structure, programs, products, key regulations / regulators, and systems.
• Post-secondary education.
• Working knowledge of the operations and regulatory environments of Retail, Business Banking and Commercial Banking in Canada.
• Knowledge of auditing methodology, techniques, tools, and software is an asset.
• Proficient at applying risk-based auditing standards, practices, techniques, processes and methodologies to performance and review of Audits.
• Ability to contribute to multiple projects at any given time.
• Highly developed interpersonal and communication skills (verbal and written) to work with staff and management at various levels.
• Strong people management and coaching/development skills.
• Good analytical skills and proficiency in the use of data analytics or visualization tools.
• Proficient in the use of Excel and PowerPoint.
• Ability to work at high levels of ambiguity and in a rapidly changing environment.
• Curiosity Mindset



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.