Senior Manager Governance and Control - support Finance governance and control initiatives, including risk assessments, controls testing, design and operat

Position Title: Senior Manager (L8)

6 months

Hybrid: 2-3 days

Office Location: 81 Bay Street

What does the LOB do:

The Governance and Control team within Finance is responsible for establishing, maintaining, and assessing the effectiveness of the bank’s governance framework, including risk assessments, internal controls, and compliance with regulatory and audit requirements. The team supports Finance and Treasury by ensuring controls are properly designed, implemented, tested, and remediated where required.

The contractor will support Finance governance and control initiatives, including risk assessments, controls testing, design and operating effectiveness reviews, and remediation tracking. They will act as a primary contact for stakeholders across Finance, Treasury, Internal Audit, Risk Management, Compliance, and External Audit.

Job Description:

The Senior Manager, Governance and Control will play a critical role in supporting Finance Governance initiatives during a period of increased regulatory-driven control reviews. This is a hands-on, senior-level individual contributor role requiring minimal onboarding and the ability to operate independently from day one.

The successful candidate will be responsible for reviewing and assessing finance and business controls, with a strong emphasis on design and operating effectiveness, and providing oversight of control testing performed by third-party providers. This role is not suitable for someone learning controls for the first time-deep, practical governance and audit experience is required.

The incumbent will act as a key liaison between Finance, Treasury, Risk Management, Internal Audit, and External Audit, ensuring that control issues are clearly articulated, appropriately challenged, and remediated in a timely manner.

Core Responsibilities

• Lead and support finance and business control reviews, including assessment of control design and operating effectiveness

• Review, challenge, and provide detailed feedback on control testing performed by third-party testing providers

• Identify control deficiencies and weaknesses, assess their impact, and monitor remediation activities

• Perform and support risk assessments across Finance-related processes and portfolios

• Act as a subject matter expert for governance, controls, and audit-related matters, advising stakeholders with confidence and credibility

• Partner closely with Finance and Treasury stakeholders, ensuring controls appropriately reflect business and regulatory requirements

• Engage with Internal Audit, External Audit, Risk Management, and Compliance to support audit requests, inquiries, and issue resolution

• Operate independently in a fast-paced environment with limited ramp-up time

• Provide guidance to managers and team members on control issues, testing quality, and governance practices

Must Have Requirement:

10+ years of hands-on experience in governance, risk, and controls

Direct experience performing or overseeing control design reviews and operating effectiveness testing

Strong understanding of finance and business controls

CPA or CA designation is required

Prior experience at an external audit firm (e.g., public accounting / Big 4 or equivalent) is strongly preferred

Internal Audit experience within a financial institution is highly relevant

Experience with banking or large, complex financial institutions is highly relevant

Nice to Have:

Experience supporting regulatory-driven reviews or heightened testing cycles

Soft Skills:

Strong stakeholder management and communication skills

Ability to influence and collaborate across senior leaders and cross-functional teams

Confident decision-maker with strong judgment

Hands-on leader who can provide guidance, coaching, and issue resolution support

Detail-oriented with strong analytical and problem-solving skills