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Audit Manager, Credit Risk Audit

Scotiabank

Toronto, ON

Audit Manager, Credit Risk Audit

Scotiabank

Toronto, ON
 
Salary: Information not available
 

 

 

 

Requisition ID: 248333

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

 

As the 3rd Line of Defence, 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 find solutions to address control weaknesses.

The Audit Manager contributes to the overall success of the Audit Function in support of the Audit Department executing its global mandate, ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives.

Ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures.

 

Is this role right for you? In this role you will:

    • 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 Officer-In-Charge (OIC) of low to medium complexity for assigned audits.
    • Works with other audit teams as required.
    • 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.
    • Champions a client focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
    • 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.
    • Meets Department training requirements.
    • Conducts work efficiently and works within engagement budget.

 

 Do you have the skills that will enable you to succeed? – We would love to work with you if you have:

    • University/Post secondary degree in Business, Finance, Economics, Accounting, or equivalent.
    • At least 2+ years relevant experience.
    • Working knowledge of the operations and regulatory environments for each unit as
    • applicable.
    • Ability to work in high levels of ambiguity and in a rapidly changing environment.
    • Proficient at applying Scotiabank methodology and using risk-based auditing standards
    • and practices.
    • Good analytical skills and proficiency in the use of data analytic or visualization tools.
    • Ability to execute multiple projects at any given time.
    • Developed interpersonal and communication skills (verbal and written).
    • Good people management and coaching/development skills.
    • Curiosity mindset.
    • Knowledge of Commercial & Corporate banking and/or credit adjudication is preferred.  

 

What's in it for you?

    • The opportunity to join a forward-thinking bank surrounded by a collaborative team of innovative thinkers.
    • A rewarding career path with diverse opportunities for professional development.
    • Internal development to support your growth and enhance your skills.
    • An organization committed to making a difference in our communities– for you and our customers.
    • We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!

 

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.

We are committed to hiring military and Veteran spouses and encourage you to identify your connection with the MSEN when reaching out to us or applying to any of our open roles.

 

Have questions or want to learn more about us? We would love to hear from you!

 

rochelle.mendonca@scotiabank.com

 

Whenever possible, reach out to a named contact rather than a general inbox  - it helps ensure a quicker, more personalized response. If you hit a bounce-back, let us know at

employment.Emploi@cfmws.com

About Scotiabank

The Scotiabank Veterans Network (SVN) is committed to supporting veterans, reservists, and military spouses by recognizing and valuing their unique skills and experiences. As a military-friendly employer, Scotiabank actively promotes the integration of veterans into civilian careers by offering a wide range of employment opportunities across the Bank.  SVN plays a key role in this effort, leading initiatives such as a mentorship program designed to support both current and transitioning veterans.

The team was instrumental in driving recent enhancements to Scotiabank’s reservist leave policy and organized the inaugural Valour and Vision Expo in Q4 2024, where industry leaders pledged to support veterans entering the civilian workforce.  In February 2025, Scotiabank proudly served as the lead Banking Sponsor of the Invictus Games, an international multi-sport event that aids in the rehabilitation of wounded, injured, and ill service members—both active and retired.

Additionally, SVN hosts a variety of events throughout the year, including leadership symposiums and annual Remembrance Day ceremonies, to honor and support the military community.