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Scotiabank

Audit Manager, Model, Data and AI Audit

Toronto, ON, M5H 1H1, Canada

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Job details

Apply by: Nov 1, 2026
Posting language: English
Posted: Oct 5, 2026

Original job description

Requisition ID: 275458

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

Internal Audit is hiring an Audit Manager within Model, Data and AI Audit Team. This role will provide an independent and objective assurance over the design and operating effectiveness of the Bank’s Model, Data and AI risk management, governance, and control processes within the first and second line of defense, their compliance with regulations, internal policies, and procedures.

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

Support the Officer in Charge (OIC) with the execution of assigned audits. This includes completion of audit testing, discussions with management and effective documentation of work performed. May act as OIC for low to medium complexity audits.
Plan, execute and report 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.
Ensure 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, Data and AI risk audit Centre of Excellence activities, support in preparation of audit strategy, annual planning, standardized detailed audit procedures, and training program.
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Ensure Scotiabank standards and the Institute of Internal Auditors Code of Ethics are maintained in completion of all assignments.
Stay informed on emerging risks, regulatory changes, and industry trends. Conveys risk-related information to Officer-in-Charge or Audit Principal and senior management in a timely manner.
Maintain stakeholder relationships to successfully carry out audit activities.
Champions a high-performance environment and contributes to an inclusive work environment.

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

Two or more years of relevant experience in in one or more of the following: audit, model, data and AI governance and risk management, or related risk and control functions.

Working knowledge of model, data, or AI-related regulatory expectations.
Developed interpersonal and communication skills (verbal and written) to work with the key stakeholders at various levels.
Experience managing multiple priorities and working effectively in an evolving environment.
Self-motivated and able to work and learn independently.
Bachelor’s or Master’s degree in computer science, engineering, accounting, mathematics, statistics, economics, or a related field.

Preferred

Experience in banking, financial services, or another regulated industry.
Experience using analytics, automation, or AI-enabled tools.
Relevant professional designation, such as CIA, CISA, DCAM, CRISC or an equivalent credential.

What's in it for you?

Champion a high-performance environment and contribute to an inclusive work environment.

The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
A competitive compensation and comprehensive benefits plan.
An organization committed to making a difference in our communities - for you and our customers.
You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

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.

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More about this job

Responsibilities

The Audit Manager will provide independent assurance over the design and effectiveness of the bank's model, data, and AI risk management processes. Responsibilities include planning and executing audits, identifying root causes of issues, and reporting findings to management.

Requirements

Candidates must have at least two years of experience in audit, risk management, or control functions, along with a bachelor's or master's degree in a relevant field. A working knowledge of regulatory expectations for models, data, or AI is required, and professional designations like CIA or CISA are preferred.

Skills

Audit
Model risk management
Data governance
AI governance
Risk assessment
Regulatory compliance
Internal controls
Audit reporting
Stakeholder management
Data analytics
Automation
Risk appetite
Project management
Communication skills
Critical thinking

Benefits

Competitive compensation
Comprehensive benefits plan
Internal training
Professional development

Visa sponsorship

Not detected in the job text

Keywords

Audit
Model Risk
Data Governance
AI Governance
Risk Management
Internal Audit
Regulatory Compliance
CIA
CISA
DCAM
CRISC
Banking
Financial Services
Analytics
Automation
AI-enabled tools
Risk Appetite
Governance
Control Processes
Audit Strategy
Stakeholder Management
Computer Science
Engineering
Accounting
Mathematics
Statistics
Economics

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