Job Description

Requisition ID: 99411

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

Capital Markets Audit Analyst

The successful candidate will perform / manage audits to assess the design and operating effectiveness of internal controls relating to capital markets activities within the U.S. The incumbent will be required to work as part of the team and assist the Managers and Senior Managers, US Capital Markets Audit to provide audit services to capital markets and/or treasury functions within the Bank. The incumbent will also support the providing of high quality, value added advisory services to Management as part of the audits or special projects/assignments, while ensuring that audit methodology standards are met.

Apart from possessing knowledge in capital market products and related risk management techniques, the incumbent should be able to apply risk-based auditing standards, practices, techniques, processes and methodologies to the audit of the internal controls.

Is this role right for you?

* Supports a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

* Review the control effectiveness for managing risks in trading activities. Assess the trading and sales practices controls within Front Office units and overall trading management oversight.

* Review effectiveness of risk management controls and measurement technique, limit design and monitoring, risk reporting and traded products valuations based on an understanding of the trading strategies and products.

* Assess the effectiveness of transaction recording and deal controls.

* Work with auditors within the audit department to perform end-to-end business line reviews.

* Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions.

* Maintain knowledge of capital markets practices, policies and procedures and local regulations.

* Provide support to stakeholders on capital markets issues and/or changes.

* Engagement and coordination with Stakeholders for audit issue resolution.

* Support the units continuous monitoring program so as to understand and identify changing conditions within business, risk and corporate functions, keep abreast of changing risk profiles, guide assessment of emerging risks, identify systemic issues and determine current and future audit requirements.

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

* An undergraduate degree, with a concentration in Finance/Business Management.
* 1+ year of relevant experience in audit and capital markets environment, with broad knowledge of capital markets products and/or prior auditing experience with respect to trading or treasury activities, is a significant advantage.
* Strong analytical skills necessary to assess risk exposures and understand risk quantification and valuation methodologies.
* Ability to understand the risks associated with new products, processes, routines and execute on audit procedures to ensure that the controls are adequate.
* The incumbent should be resourceful, a self-starter, possessing a high degree of flexibility, creative thinking and confidence to carry out effective solutions. Well-developed judgment, management, decision-making and problem-solving skills are required in order to effectively deal with changing, and complex business environments.
* The incumbent must possess sound time management skills in order to manage multi-functional accountabilities.
* Strong written communication skills which would include audit issue writing. In addition, the incumbent should be able to maintain effective verbal engagement and presentation, of a caliber suitable for direct exposure to business stakeholders of varying seniority.
* Working knowledge in risk based audit methodologies.