Senior Manager, Internal Audit
Job Description

Position Responsibilities

Risk Management & Compliance, in adhering to applicable compliance obligations, including Privacy, Anti-Money Laundering/Anti-Terrorist Financing and internal Anti-Fraud Policy requirements, must remain the over-arching focus in carrying out one’s responsibilities as outlined below:


Audit Project Planning and Execution (65%)


Perform or oversee the following:

  • Development of risk control matrices (RCM’s) to summarize and assess the key risks, control objectives, control activities, and related test procedures.
  • Design and execution of walkthroughs to assess the design and operating effectiveness of key control processes.
  • Design and guide the execution of test plans to assess operating effectiveness of control processes.
  • Understand current risk management and control activities through review of documented internal policies and procedures, and performance and documentation of end-to-end process walkthroughs.
  • Identify, assess and document the root causes of material risk management and control weaknesses.
  • Validate audit findings and observations with the Businesses.
  • Prepare and review working paper documentation in compliance with the internal audit methodology.
  • Document clear, concise and objective audit findings and observations on the results of audits, including recommendations that add value to the business.
  • Follow-up on outstanding findings to assess timeliness and appropriateness of actions taken by management.


Reporting (10%)

  • Prepare clear, concise and objective reports on the results of audit project activities to be provided to line management, senior management and the Audit Committee.


Teamwork (15%)

  • Provide assistance to the Internal Audit management team in supporting group activities and quarterly and annual reporting processes.
  • Develop and maintain effective working relationships with Internal Audit team members, other control and corporate functions, senior management and other stakeholders.
  • Manage the development of assigned internal audit staff.


Training (5%) (minimum of 50 hours annually)

  • Maintain knowledge of emerging issues in the regulatory and external environments to support internal audit advice and recommendations and share with the internal audit team.
  • Maintain current knowledge of audit standards, tools and techniques.
  • Maintain current knowledge of business developments for areas of audit responsibility.
  • Lead team development activities, including the acquisition and sharing of information with other internal audit staff.


Special Projects (5%)

  • Lead advisory reviews, special investigations or due diligence reviews as assigned.

Job Requirements

Formal Education

  • Bachelor's degree required in Business, Economics or equivalent
  • Certification(s)/Designation(s) preferred in related area (CA, CGA, CMA or equivalent)

Related Experience

  • Minimum of 8-10 years’ of experience in auditing Finance, Treasury, or ERM functions within a regulated Canadian Financial Institution;
  • Strong preference will be given to candidates with audit experience with Financial Institutions in the residential or commercial mortgage lending business.
  • Knowledge of the regulatory environment and expectations within the Canadian financial services industry (ie. OSFI, FINTRAC, AML, FCAC)

Company Overview

Pride in Personnel's experienced and credible consultants are well-versed in the fields of employee search, interviewing and evaluation providing complete consultation throughout the entire process. Our commitment to detail and professionalism provide a superior quality control process ensuring maximum results and efficiency.

Our dedication and expertise in networking and professional recruitment offer an extensive database of superior, qualified candidates.

Pride in Personnel takes great pride in the high level of standards set and adhered to by our consultants. Please take a moment to view our Standards of Excellence.