Senior Manager, Controls Testing, Canadian Banking Internal Controls Requisition ID: 224673 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Senior Manager, Controls Testing, Canadian Banking Internal Controls Manages and oversees First Line Testing (FLT) Program for Retail Credit controls in Canadian Banking (CB) ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures. This role is critical in overseeing the integrity and effectiveness of the organization's internal control environment. The primary responsibility of this position is to oversee the Internal Control testing engagements for Retail Credit business lines including Real Estate Secured Lending, Credit Card, Lines of Credit etc. The CB FLT Program covers Canadian regulations applicable to all the retail lending activities, particularly OSFI B-20 requirements. **Is This Role Right for You? In this role, you will:** + Accountable for overseeing and executing First Line Internal Controls Testing for CB Retail Credit Business, which includes assessing the design and operating effectiveness of controls, and adherence to Regulatory requirements as well as Bank’s internal standards, policies and procedures. + Works closely with the Director – First Line Testing, along with other 1st and 2nd line partners to develop, support and execute the testing program. + Maintains relationship with the Business Line (1A), GRM, Compliance and Internal Audit to ensure alignment and smooth execution of test plans, to minimize the impact on business. + Understands the applicable regulatory requirements to ensure testing is adequately designed to identify potential control gaps and non-compliance with regulatory requirements, best practices and internal policies and procedures. + Pro-actively identifies potential violations /risk of non-compliance with regulatory requirements, internal policies, and procedures, in a timely manner and makes recommendations to mitigate the associated risk. + Assists in building a risk effective and cost-efficient testing program by providing feedback on enhancements to the testing methodology, looking for opportunities to automate testing procedures, etc. + Validates actions taken by management to remediate, and to assess the sustainability of these actions to close, reported testing issues. + Provides guidance and training to the testing team members on best practices and methodology. + Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge. + Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. + Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk. + 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 vision/values/business strategy; and, managing succession and development planning for the team. **Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have:** **_Functional Competencies_** + Education: Bachelor's degree in finance, accounting, business administration, or a related field. A professional certification such as CPA, CIA, or CISA is preferred. + A minimum of 5+ years of compliance, audit or regulatory exam support experience with at least 3+ years of which should involve control testing or audit. + Experience/background in internal controls testing for retail credit business lines is preferred. + Familiarity with applicable OSFI requirements (Bank Act, B-20), FCAC, Privacy, AML/ATF etc. + Strong attention to detail, Strong written and verbal communication skills, Ability to communicate well across all levels of an organization. + Excellent analytical skills with the ability to review, interpret and synthesize data to drive investigations on potential exceptions + Demonstrated leadership and people management skills and strong coaching skills + Good relationship management skills + Highly organized and capable of dealing with multiple complex projects. **_Behavioral Competencies:_** + Clear and confident communicator – verbal & written; given interactions with Senior Executives + Strategic Thinker and good negotiation skills + Demonstrated ability to remain calm and focused when faced with competing issues of importance. + Change manager – able to demonstrate agility, resilience, and resourcefulness in executing plans even in changing environments and within available resources and timeframes. + Ability to demonstrate multi-tasking and flexibility in working with diverse group of stakeholders/business units. 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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.