Internal Audit Manager - 5653

Duration: 6 months (possibility of extension)

Location: Waterloo or Toronto -Hybrid currently two days in office Tuesday and Wednesday

*Must be eligible for Reliability Clearance (should have been in Canada for past 5 years)

This role is focused on overseeing and executing audits by assessing risks, evaluating internal controls, making recommendations regarding control deficiencies, and identifying areas of opportunity for improvement. Through audit work, you will have the opportunity to develop competencies around leading discussions with senior management, influencing various levels of management, project management, and building client relationships across the organization.

Responsibilities

• Preplanning audit activities, Executing audit fieldwork, audit issue follow up and closure remediation testing

• Manage and execute multiple complex audit engagements, in accordance with department methodology and Institute of Internal Audit (IIA) standards, within resource budgets and target dates

• Monitor the progress of audit projects and provide appropriate leadership in completing the project according to department objectives

• Support the documentation of business understanding, business objectives /performance/metrics, key controls, and test strategy to ensure that audit objectives and approach meet broader business needs

• Lead meetings with clients to drive the audit process, presenting audit findings and recommendations; conduct audit opening and closing meetings with client

• Support the assessment of key control design and execute testing of key controls and identify gaps

• Prepare and review internal audit reports of findings and recommendations for delivery to management

• Monitor audit findings to ensure effective resolution

• Actively build and manage relationships with business partners and corporate contacts

• Identify opportunities to automate testing using Data Analytics and toolsets deployed internally (CAAT and analytical tools) or through the assessment of other monitoring/analytic tools available

• Monitor key projects and strategic initiatives

• Assist business unit management by providing risk management consulting support, education and training

• Stay up-to-date on current best practices in risk management and control assessment; acquiring and sharing information related to industry thought leadership and best practices

Must Have Skills:

• 2 - 5 years of audit, risk management or equivalent business or advisory/consulting experience in the financial services industry

• MS applications, Archer, Tableau exp

• Proven ability to manage multiple projects

• Excellent interpersonal skills; ability to collaborate, influence and network effectively

• Strong analytical and problem-solving abilities, and ability to understand complex business processes, their risks and identify key controls

• Sound business judgment in assessing significance of issues and developing value added recommendations

• Strong written and oral communication skills, ability to effectively communicate ideas and recommendations, and to listen and consider ideas of others.

• Ability to operate in an environment experiencing rapid change

• Knowledge of control frameworks (e.g. COSO, COBIT, etc.)

• Knowledge of audit techniques, including planning, scoping, project management, evaluation and testing of internal controls

• Knowledge of Risk Management and Operational Risk frameworks

• Knowledge of or exposure to IFRS and Compliance (Anti-Money Laundering, Privacy, Market Conduct, ABAC) would be an advantage

• Knowledge of or exposure to IT Risk and IT General Controls would be an advantage

Preferred Skills:

• Recognized professional audit designation (e.g. CPA, CIA, CRMA, CISA) will be an asset

• Excellent written and communication skills, with ability to influence and lead meetings

• Knowledge and application of IT processes, risk and controls (ITGC, Automated Controls, Report Testing)

• Professional IT Applications Audit experience (in the financial services preferred)

• Pro-active, dedicated, flexible, demonstrating good practical judgement and taking initiative

• Team player, ability to multi-task, detail oriented, strong commitment to quality, analytical, strong problem solving and consultative skills

• Knowledge of the data analysis tools will be an asset