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Job Snapshot

Base Pay - 90,000 CAD - 115,000 CAD /YearEmployee Type - Full-Time EmployeeEducation - 4 Year DegreeExperience - At least 5 year(s)Travel - NegligibleIndustries - Banking, FinanceOther Pay - bonus, excellent benefits


Duties and Responsibilities
  • The Senior Manager, Internal Audit, provides independent, objective assessments of governance, risk management and the design and operation of internal controls for assigned projects in order to add value and improve Company's operations.
  • This position is part of the internal audit team which is responsible for helping the Company to accomplish its objectives by providing independent assessments of the effectiveness and adequacy of governance, risk management and internal controls for the Audit Committee, Board of Directors and management.
  • The incumbent is accountable for leading a variety of end-to-end audit projects, including large complex audits, either independently or by overseeing other internal audit staff or consultants. The role requires the ability to envision the overall audit engagement including the strategy to execute and to manage the team members. As well, this position involves maintenance of in-depth audit and business knowledge to act as a leader in promoting continuous improvement and compliance with external expectations.
  • More specifically, this role will require an in-depth audit knowledge to lead key engagements of most specialized areas of Company, including Finance, Treasury, Enterprise Risk Management, Residential and/or Commercial Mortgage Lending, in order to assess the risk and control environment, continuous improvement and ensuring alignment with Company policy, guidelines and processes to industry standards and regulatory requirements.
  • 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.


  • 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 Description

  • Contact : Phil Dubois
  • Phone : 905-470-7011
  • Fax : 905-470-0259
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