Senior Manager - Internal Audit (Bank)

The Senior manager- Internal Audit is a co lead position focused fulfilling the responsibilities of the internal audit function. This person reports to the Chief Internal auditor, which is to provide independent and objective assurance to the management of the bank on the effectiveness of risk assessment and management, controls, operation procedures and processes through carrying out review and audit examinations and to identify areas of weaknesses and make constructive recommendations that are intended to be value-added and to improve the bank’s risk management and processes operations.

·      Assist to Develop a work plan to Identify audit entities and confirm completeness of the audit universe.

·      Perform risk assessment of audit entities according to corporate policies and regulatory guidelines

·      Develop and enhance risk assessment methodology for scope, extent and determination of allocation of audit resources.

·      Plan audit activities, and monitor their progress dynamically

·      Lead and guide the audit team in performing audit assignments; and to provide ongoing training and education and mentorship 

·      Provide assistance in the recruitment of new auditors

·      Review the work of the audit team, determine their sufficiency to fulfill our internal audit mission, and give advice to the team for improvement.

·  Issue audit reports including audit findings and recommendations for rectification, responses from the auditees management senior management, and the audit committee of the board.

·      Review with auditee management that all recommendations are being followed up

·      Maintain constant dialogue with senior management and auditees to gain up-to-date information of the bank’s strategy, risk appetite, existing and imminent risk exposures, etc., that can help direct and expand our audit focus.

·      Participate in various management meetings, when needed.

·      Participate in quarterly audit committee meetings, when needed.

Requirements

·      University degree in business management and finance, CIA is preferred 

·      5+ years of experience in a senior position working in a bank internal audit department or equivalent.

·      Solid knowledge of Canadian banking operations.

·      Solid knowledge of Canadian regulatory requirements.

·      Excellent communication skills in reporting, writing and presentation.