Manager, U.S. Internal Control and Global Wholesale Operations - Audit

 

 

 

Requisition ID: 206124

 Salary Range: 85,700.00 - 159,100.00 

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

 

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

 

Global Banking and Markets 

 

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world. 

 

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.  

 

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!  We work together to drive ambition for every future! 

Purpose
 

Lead, execute, and manage Internal Control, COO, and Operations audits to assess the design and operating effectiveness of internal controls relating to wholesale bank and trading operations and internal control within the U.S. This Manager’s role will focus on Internal Control and COO areas coverage, requiring an individual with a good understanding of regulatory requirements and controls landscape within Global Banking & Markets (GBM). As a Manager, you will be required to work as part of the team and assist the Senior Managers and/or Director, US Internal Control & Global Wholesale Operations Audit to provide audit services to capital markets and/or treasury functions within the Bank. You will also support the providing of high quality, value added advisory services to Management as part of the audits or special projects/assignments, while ensuring that audit methodology standards are met.
 

Apart from knowledge of the design and effectiveness Internal control and COO areas supporting capital markets trading, investment banking, global transaction banking, and corporate bank activities, the incumbent should be proficient in applying risk-based auditing standards, practices, techniques, processes, and methodologies to the audit of the internal controls. Knowledge of Operational Risk, Operational Resilience requirements, and familiarity with Internal Control governance framework is preferred including understanding of Supervision, Surveillance & Monitoring, Trade Floor Supervision, Risk and Control Library etc.
 

What You’ll Do 

 

• Support a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Lead and assist in design and operating effectiveness testing to verify adequacy of controls for managing operations risks in trading supervision activities (1st line 1B, COO, and GWO) including transaction recording, booking framework, surveillance & monitoring, supervision framework, deal controls, operational resilience, and business continuity.
• Act as an Officer in Charge (OIC) for assigned projects. Execute on time and quality audit plan for primarily for Internal Control, and COO and be involved in coverage of Global Wholesale Operation.
• Define the scope of audits, including alignment with the title and coverage of in-scope processes sufficient to provide holistic assurance, including integration with global processes as applicable.
• Deliver well-crafted and impactful audit issues aligned with the client’s understanding of their environment, identifying clearly the need for meaningful change, with recommendations and expected evidence of remediation that address the es