Auditor

Job title:

Auditor

Company

ProViso Consulting

Job description

Story Behind the Need

• Business group: Audit, Retail Lending Operations – Domestic 2 – As the 3rd Line of Defence, Internal Audit provides enterprise-wide, independent, and objective assurance over the design and operations of the Bank’s internal controls, risk management and governance processes.
• Project: The Senior Audit Manager assists in executing audit activities for Canadian Banking in support of the Audit Department in executing on its global mandate, ensuring business strategies, plans and initiatives and all audit activities are conducted / executed / delivered in compliance with governing regulations, internal policies, and procedures.
• Assist with audits relating to automotive finance, deposits, and SOX. Potential to also assist on fraud audit.

Candidate Value Proposition:

• The successful candidate will have the opportunity to work on a high visibility project in audit space, working closely with multiple Client departments and executive members of Client.

Typical Day in Role:

• Auditing and Execution:

o Execute assigned audit activities independently as a team member.
o Works with other audit teams as required.
o Carry out specific projects.
o Assess controls across the First Line of Defense, including financial controls, regulatory obligations, policies and procedures, underwriting, systems, and fraud management.
o Determine the efficiency, effectiveness, integrity, and reliability of internal controls in relation to defined control requirements, employing data analytics to support conclusions, where applicable.
o Ensures audit results are gathered and determines the root cause of the problem.
o Prepares audit results and findings for presentation to management. Follows-up for corrective action/progress against any reported issues.
o Ensures relevant information that impacts other audit function areas is shared.
o Execute and manage assigned activities independently in accordance with the Department Standards ensuring audit testing is sufficient and appropriate to support the audit opinion.
o Document all audit work performed to ensure appropriate working papers are maintained and conform to department standards.
o Ensure Client standards and the Institute of Internal Auditors (IIA) Code of Ethics are maintained in completion of all assignments. Builds and maintains strong relationships with internal stakeholders as required.

• Problem Identification:

o Identify and assess materiality of control weaknesses ensuring facts are gathered and determine the root cause of the problem impact, prepare / review audit findings, as applicable.

• Reporting/Communication:

o Draft audit findings and correspondence to management. Ensure writing is clear, concise, and accurate.
o Present and discuss findings and progress with management, as required.
o Perform and document audit issue tracking and testing.
o Develop and maintain good relationships with key auditee and business line management.Candidate Requirements/Must Have Skills:

• 10+ years in Retail Banking, Audit, Regulatory body, or related experience
• Experience with at least one of these: lending (automotive in particular); deposit products; key regulations/regulatory, including SOX
• 2+ years’ experience with data analytics or visualization tools (e.g., Alteryx, PowerBI, Python) with larger data sets

Nice-To-Have Skills:

• Accounting designations / technical / professional qualifications, university/post-secondary degree in business, finance, economics, accountancy, or any other relevant experience (e.g., First Line testing, QAR, Audit, Compliance) would be an asset.
• Knowledge of audit processes and methodologies is preferable.
• Hands-on experience with underwriting, funding for reviews of files and applications to ensure policies and procedures are adhered to

Soft Skills Required:

• Proven history of presenting to large stakeholder groups.
• Excellent communication skills
• Strong strategic, analytical, problem-solving, and critical thinking skills.
• A self-starter / takes initiative, deals well with ambiguity, is detail oriented.
• Highly organized, ability to work in a dynamic and fast paced environment.
• Strong people skills, including relationship building with clients.
• Curiosity mindset.
• Ability to write clearly and concisely.

Education:

• Accounting designations / technical / professional qualifications, university/post-secondary degree in business, finance, economics, accountancy an asset though will accept relevant working experience instead

Best VS. Average Candidate:

• The ideal candidate will have 10+ years of experience in retail products (lending and deposits) and/or retail operations, knowledge of regulatory obligations (e.g., FCAC and the Bank Act) and financial controls (SOX), and be proficient in data analytics.
• The incumbent should also have good presentation and writing skills, and display a good balance between technical knowledge (technology) and soft skills.
• Should be able to hit the ground running on the audits.
• Hands-on experience with underwriting, funding for reviews of files and applications to ensure policies and procedures are adhered to would be an asset; Ability to check that regulatory obligations are mapped in the library and whether they are being satisfied, they should be able to find gaps in policies and procedures and regulations

Candidate Review & Selection:

• 1 round – MS Teams Video Interviews (potential that this is changed to in person at 44 King) – 1 hour – with HM and VP, potentially another Director – going through experience, situational questions, providing examples, if they have technical skills will probe further on that to gage comfort level

Job Details13069Contract8.5 monthsToronto

Expected salary

Location

Toronto, ON

Job date

Sat, 15 Mar 2025 23:11:01 GMT

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