Requisition ID: 229470
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Manager, Fraud Governance and Internal Controls will ensure integrated and comprehensive business controls are in place to reinforce a strong risk and control culture within Fraud Management. Provide independent assessments of operational performance to develop a strong level of audit preparedness/operational readiness for Fraud Management. Oversee all testing programs (e.g. Audit, Compliance, Global Operations Risk) – from preparation to issue resolution. Provide support for the implementation of first line governance and oversight activities; support the first line in ensuring adherence to applicable policies, risk management frameworks and regulatory requirements in Fraud Management's existing processes and throughout new initiatives.

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

• Responsible for the development, implementation and management of a formal Internal Controls Framework and Fraud Control Repository in collaboration with Risk Owners and Compliance.
• Supervise and approve Operational readiness planning programs, sample testing and working papers for compliance with auditing standards and ensuring on time
• Act as the primary point of contact between the risk advisors and business unit partners with the Compliance team as it pertains to regulatory library and control updates.
• Assist Fraud Management across all sites during Internal Audits and 2nd and 3rd line testing engagements to ensure smooth execution, high responsiveness and timely issue resolution.
• Actively pursue effective and efficient operations of their respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
• Administer an internal review program that provides Fraud Leadership Team with a reasonable assurance of compliance with regulatory and disclosure requirements and business controls.
• Supervise and review the annual control walkthroughs, attestation and testing of all in-scope controls.
• Identify emerging issues that may impact the annual review plan through discussions with key business stakeholders.

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

• Bachelor's degree in business administration or a related discipline.
• 3+ years of experience in an operational risk management, compliance or audit function in the financial services industry or 5+ years of relevant Retail & Commercial Banking experience.
• Good understanding of regulations and compliance risks impacting the Bank and the requirements of the risk management policies and frameworks.
• Experience with identifying, documenting and assessing risk and controls within the first line.
• Experience in delivering on regulatory compliance projects and/or programs.
• Excellent verbal and written skills with the ability to effectively communicate with business partners at all levels of the Bank.
• Excellent problem solving, critical thinking, analytical and negotiating skills.
• Expert knowledge of Microsoft Excel, PowerPoint, and Word.
• Expertise in Power BI and Python is an asset.

What's in it for you?

• Lead strategic projects with a significant impact on business line growth.
• A culture that promotes teamwork and cross-functional collaboration to achieve business goals. Inclusive workplace that values diversity of thought, background, and experience.
• Opportunity to work with a very enthusiastic team that helps our clients by ensuring the Bank is able to continue to operate to deliver key business services.
• Potential to further evolve the function and take on more responsibility based on emerging risks.
• Hybrid working environment allowing for work/life balance.

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.