Manager, Internal Audit

5 months ago


Mississauga, Canada SBI Canada Bank Full time

SBI Canada Bank (“SBIC”) is a Schedule II bank and is the subsidiary of India’s largest bank, State Bank of India. The Bank is operating in Canada since 1982 and provides retail and corporate banking services. SBIC has grown organically, spreading its retail and digital banking solutions across provinces of Ontario and British Columbia. We are focussed on growth by further expanding our digital offerings, branch footprint and partnerships.

**Job Title
- Manager, Internal Audit**

**Role summary**

In this role you will be actively contributing towards the third line of defense of the Bank by successfully completing internal audits. As part of your role you would be liaising with all internal stakeholders where you will be required to comprehend processes and procedures (SOP’S), review them and provide recommendations. You will be reporting to the Chief Internal Auditor

Our remuneration package includes an attractive base salary, a handsome variable component in the form of annual bonus, other key plans such as health and well-being benefits including medical, dental, vision & mental health coverage, paid time off, and concessional banking benefits.

Location: Mississauga Office -on site attendance 5 days per week

**You will focus on**
- Assist the Chief Internal Auditor (CIA) in the development and coordination of the bank’s internal audit activities, including an annual audit plan based on risk assessment.
- Conduct internal audits including establishing or enhancing audit program as necessary.
- Prepare audit reports with findings and recommendations.
- Communicate audit findings and recommendations to various parties, including auditees.
- Follow up with management remedial action plans.
- Report on audit activities and issues directly to CIA on a regular basis
- Conduct quality assessment of outsourced audit results
- Assist Outsourced Internal Auditors and Parent Bank auditors in conducting audits.
- Conduct annual internal QAIP.
- Manage the IA related membership and audit tools as required.
- Perform any other duties as assigned by the CIA.

**Qualifications and skill set**:
**Education**: University degree in business, finance, economics, accountancy or similar area required. Professional accounting designation (CPA, CA) or technical / professional designations (CFA, MBA, CIA) is required.

**Must be able to**
- Work effectively in a group environment.
- Work in an environment of ambiguity and rapid change.
- Write clearly and concisely with strong communication skills.
- Understand various operations and assess the effectiveness of controls and have strong analytical skills.
- Problem-solve and multi-task.
- The above statements are intended to describe the general nature and level of work to be performed, detailed KPI’s would be provided at the time on onboarding. They are not intended to be construed, as an exhaustive list of all responsibilities, duties and skills required of personnel so classified._

**Salary**: From $60,000.00 per year

**Benefits**:

- Dental care
- Life insurance
- Paid time off
- Vision care

Schedule:

- Monday to Friday

Ability to commute/relocate:

- Mississauga, ON: reliably commute or plan to relocate before starting work (required)

**Experience**:

- Auditing: 5 years (required)

Work Location: In person



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