Scotiabank · 3 days ago
Senior Audit Manager, Audit Department
New York, NY
Full-time
Onsite
Senior Level, Lead/Staff
$121K/yr - $231K/yr
8+ years expScotiabank is a leading Canadian Capital Markets and Investment Banking business with a strong U.S. presence. They are seeking a detail-oriented Senior Audit Manager who will lead compliance audits for trade surveillance to ensure adherence to regulatory standards and internal policies.
BankingFinanceFinancial Services
Responsibilities
Acts primarily as Officer in Charge (OIC) and leads the planning, execution and reporting of Global trade surveillance Compliance Audit by assessing the control effectiveness and Bank’s adherence to the regulatory requirements and standards. May also execute assigned audit activities independently as a team member under the direction of the OIC on other assignment
With a deep expertise in understanding and detection of market abuse scenarios along with prevalent regulations, laws, and industry best practices, assist in the development and execution of a comprehensive and strategic audit plan for Global Compliance Trade Surveillance, ensuring auditable entities remain within cycle
Exercises sound knowledge of products (such as Equities, Debt, derivatives, ETFs, FX, etc.), business, and technical expertise to effectively challenge management to improve the control environment
Assess the effectiveness of the bank's trade surveillance compliance program through an effective challenge of market abuse alert review and management process to detect possible manipulative and deceptive practices, insider trading and trading on material non-public information etc. and help identify areas of risk and provide actionable recommendations for enhancement
Develop tactical strategies for increasing the use of data analytics to drive effective annual planning / risk assessment, and engagement / project execution, specifically, analyze large datasets to detect anomalies or trends indicative of market abuse; utilize data visualization tools to present findings effectively
Conducts ongoing 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. Develops and analyzes strategies/audit procedures to ensure the organization stays ahead of the curve in response to internal and external changes
Maintains a thorough understanding of compliance risks and processes. This includes keeping abreast of key industry developments, regulatory changes, and identifies key systemic issues (arising from audits globally) and internal changes that will impact the annual audit plan and/or quarterly Audit Committee reporting
Ensures Scotiabank standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments
Develops risk-based audit planning documents/procedures, and schedules timing and resources. Prioritizes activities and exercises problem solving skills in audit projects based on risks and tasks assigned in a timely manner
Leads, manages, and supervises the end-to-end process of the execution of the audit and ensures the nature and extent of testing is appropriate to support the objective, scope, and overall opinion. Completes timely review of workpapers, ensuring internal control weaknesses are clearly documented with recommendations addressing the root cause and are communicated timely to management
Ensures audit results are gathered, determines the root cause of the problem and the associated impact and reports accordingly. Confirms the audit results with the auditee. Presents an overview of the audit results and findings to line management. Follows-up for corrective action/progress against any reported issues, escalating where necessary
Prepare comprehensive audit reports detailing findings, recommendations, and follow-up actions; ensure documentation is complete, accurate, and meets both internal and external expectations
Builds a high-performance environment and implements a people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vison/values/business strategy; and managing succession and development planning for the team
Qualification
Required
University degree in business, finance, economics, accountancy, or any other relevant area
At least 8+ years' experience in Compliance, Compliance Audit, Regulatory body, or related consulting experience
Internal or external audit background
Working knowledge of Capital Markets Products and Regulations including Compliance framework, structure, programs, and systems
Knowledge of regulatory frameworks related to market abuse and conduct (e.g. FINRA, CFTC, SEC, FCA)
Strong analytical skills with a proven ability to identify issues, evaluate risks, and provide actionable recommendations
Highly proficient at applying risk-based auditing standards, practices, techniques, processes and methodologies to performance and review of audits
Ability to execute and supervise multiple projects at any given time
Highly developed interpersonal and communication skills (verbal and written) to work with staff and management at various levels and communicates confidently
Adopts a risk-based approach to planning and execution, leveraging data analytics, technology, and innovation
Strong people management and coaching/development skills
Curious mindset that includes asking questions, challenging the status quo, and engaging with diverse points of view
Proven ability to work in high levels of ambiguity and in a rapidly changing environment
Preferred
Accounting designations / technical / professional qualifications (CPA, CFA, CSI etc.) will be an asset
Benefits
Flexible benefit programs
Company
Scotiabank
Scotiabank is a banking firm that provides banking and financial services.
10001+ employees
H1B Sponsorship
Scotiabank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (52)
2024 (55)
2023 (29)
2022 (38)
2021 (38)
2020 (15)
Funding
Current Stage
Public CompanyTotal Funding
$1.07B2024-04-17Post Ipo Debt· $1.07B
1972-03-01IPO
Leadership Team
Jabar Singh
President & CEO Scotiabank Colpatria (Colombia) & Head Central America & Caribbean
L.Scott Thomson
President and CEO
Recent News
Canada NewsWire
2026-01-16
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