Senior Director of Credit Audit in Commercial Banking

3 weeks ago


Toronto, Ontario, Canada Bank of Montreal Full time

Position Overview:

The Director of Credit Audit in the Commercial Banking sector plays a pivotal role in overseeing audit engagements, ensuring robust management and internal control processes are in place. This position is essential for delivering insightful audit reports that assist management in fulfilling their responsibilities effectively.

Key Responsibilities:

  • Lead and execute comprehensive audit engagements to evaluate the effectiveness of internal controls and risk management processes.
  • Provide expert guidance on credit audit matters, acting as a trusted advisor to senior leadership on governance and risk management.
  • Engage with stakeholders to understand evolving business strategies and assess their impact on risk environments.
  • Serve as the primary liaison for external stakeholder interactions, including regulatory bodies.
  • Ensure audits are conducted in alignment with corporate standards and quality assurance protocols.
  • Foster a high-performance culture by implementing a strategic people development plan within the audit team.
  • Utilize data analytics to enhance audit quality and operational efficiency.
  • Maintain a thorough understanding of industry trends, regulatory changes, and emerging risks to inform audit strategies.

Qualifications:

  • A minimum of 10 years of experience in audit leadership within the credit and commercial banking sectors.
  • Relevant professional designations such as CIA or CPA-Audit are preferred.
  • Demonstrated expertise in credit audit processes and a strong grasp of commercial banking operations.
  • Proven ability to lead innovative audit initiatives and drive strategic improvements.

Compensation and Benefits:

Competitive salary and comprehensive benefits package, including health insurance, retirement savings plans, and professional development opportunities.

Company Commitment:

At the Bank of Montreal, we are dedicated to fostering an inclusive and equitable workplace, valuing diverse perspectives and experiences to drive innovation and success.



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