Requisition id:
234970
employee referral program – potential reward:
$0.00
we are committed to investing in our employees and helping you continue your career at scotiabank.
audit manager, model risk
purpose
internal audit is hiring an audit manager within model risk audit centre of excellence (coe) team. This role will provide an independent and objective assurance over the design and operating effectiveness of the bank's model risk management, governance, and control processes within the first and second line of defense, throughout the model lifecycle, and their compliance with regulations, internal policies, and procedures.
as an audit manager in the model risk audit coe team, you will cconduct audits as team participate or sometimes as office in charge (oic) (for less complex projects) to assess the design and operating effectiveness of model risk management and controls, and ensure business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.
accountabilities
* supports the officer in charge (oic) with the execution for assigned audits. This includes completion of audit testing, discussions with management and documentation of work performed. May act as oic of low to medium complexity for assigned audits.
* executes, plans and reports on the assigned audits. Obtains a thorough understanding of the business/unit/ process and associated risks, develops an appropriate risk-based audit approach, and schedules timing and resources.
* ensures audit results are gathered, determining the root cause of the problem and the associated impact. Drafts reports and issues. Presents audit results and findings for presentation to management.
* support model risk audit coe activities, including audit strategy, annual planning, standardized detailed audit procedures (daps), and training program.
* understands how the bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
* ensures scotiabank standards and the institute of internal auditors (iia) code of ethics are maintained in completion of all assignments.
* stays informed on emerging risks, regulatory changes, and industry trends. Conveys risk-related information to officer-in-charge or audit principal and senior management.
* maintains stakeholder relationships to successfully carry out audit activities.
* champions a high-performance environment and contributes to an inclusive work environment.
qualifications
* 2+ years of relevant experience in model development, model validation, or model audit functions.
* working knowledge of model governance, risk management, model regulations and compliance in global markets.
* preferred working knowledge of internal audit services practices, policies, procedures and systems with internal audit experience in banking.
* developed interpersonal and communication skills (verbal and written) to work with the key stakeholders at various levels.
* ability to work on multiple projects at any given time and work in high levels of ambiguity and changing environment.
* self-motivated and able to work and learn independently.
location(s): mexico : ciudad de méxico : miguel hidalgo
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.