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Scotiabank Manager, U.S. Audit, AML in New York City , New York

Manager, U.S. Audit, AML

Requisition ID: 92299

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

The Audit Department is the 3rd Line of Defense and plays a key role in the internal control system of the Bank. Its mandate is to provide independent and objective assurance over the design and effectiveness of internal controls to mitigate risks and to provide advisory services designed to improve the Bank's operations.

In this role, you will be working as part of the US AML Audit Team and be responsible for executing AML and Sanctions-related audits. You will work with the Senior Manager and Director to execute AML and Sanctions audits to assess the design and operational effectiveness of internal controls, adherence to regulatory requirements and Bank policies, and the efficiency and effectiveness of operations of the AML/Sanctions Compliance function. You will assist in all aspects of the audit, including the planning, execution, and reporting phases. The Manager will also be involved in internal and external issue validation as well as audit continuous monitoring activities.

Is this role right for you?

  • Maintain a thorough understanding of the business, risks, and processes for assigned areas

  • Maintain a thorough understanding of AML and Sanctions laws, regulations, guidance, and regulatory expectations

  • Execute assigned activities in accordance with department methodology/standards

  • Provide input on the planning of audits or assigned areas to help ensure the scope and extent of work is in accordance with the approved plan, timing and budget are reasonable, procedures are efficient, appropriate resources are assigned, and the risk is understood

  • Performance of design and operating effectiveness testing of the internal control framework assoicated with the AML/Sanctions Compliance Programs

  • Maintain effective communication with stakeholders including appropriate handling of conflicts and issue resolution

  • Assist in the validation of internal and external issues

  • Presentation of findings to the Senior Manager and Director and assisting in the drafting of audit findings and reports

  • Ensure working paper files are documented timely and in accordance with established standards

  • Attend periodic meetings with AML/Sanctions Compliance/Operations management to understand changes and new business initiatives and review key performance indicators to assess potential impact to the audit plan

  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions

  • Manage the development of staff by providing direction and coaching; impart specialized skills to other auditors through peer discussions and cooperation on integrated audits

  • Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment

Do you have the skills you need to succeed? We'd love to work with you, if you have:

  • At least 5 years in AML/Sanctions Compliance, Audit, consulting, or Regulatory body

  • Excellent knowledge of AML and Sanctions laws, regulations, guidance, and regulatory expectations

  • Knowledge of auditing concepts and techniques

  • Well-developed judgment, management, decision-making and problem-solving skills

  • Strong written and verbal communication skills

  • Expert time management skills with the ability to take on multiple projects at one time

  • Excellent work paper documentation skills (i.e., thorough/detail-oriented)

  • The ability to work independently and within a team environment

  • Highly proficient in the use of Word, Excel, and Powerpoint

Location(s): United States : New York : New York City

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. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.

We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and their differences and similarities are embraced. Learn more here at .

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 at . 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.