Audit Manager
1 month ago
BMO is seeking a highly skilled and experienced Audit Manager to join our team. As a key member of our audit team, you will be responsible for conducting audit engagements to critically assess management and internal control processes.
Key Responsibilities- Conduct audit engagements to critically assess management and internal control processes.
- Approve the nature, extent, and timing of the audit, its execution, and the formulation of insightful audit reports.
- Report on audits to provide clear, concise, and memorable insights on issues and potential issues to assist management in fulfilling mandates.
- Provide independent assurance on the quality and effectiveness of internal control, risk management, and governance systems and processes.
- Act as a trusted advisor to assigned business/group.
- Influence and negotiate to achieve business objectives.
- Identify emerging issues and trends to inform decision-making.
- Provide critical input to Chief Auditor/Assistant Chief Auditor on the practical aspects of the audit and its execution.
- Help to develop annual audit plan.
- Provide input into Corporate Audit processes identifying opportunities to simplify.
- Execute audits in full recognition of the risks of the group that encompass the inherent risks, control risks, and internal/external environment and regulatory risks.
- Conduct advisory engagements and other engagements as required.
- Determine the impact of changing strategies, tactics, risks, and initiatives on audit, advisory, and investigative services.
- Identify and evaluate the impact of new and emerging technology and technology risk on the organization's processes and control environment.
- Utilize data analytics in advisory engagements to improve quality and efficiencies.
- Develop an awareness of business strategies, policies, and standards providing meaningful insights based upon knowledge and research which will continue to improve the Enterprise management and control processes.
- Maintain the independence of the audit practice and its personnel.
- Develop insightful discussion points contributing to audit reports that provide fair and balanced assessments of governance, risk, and control processes based on audit work performed.
- Identify control deficiencies and provide a fair and balanced assessment of their magnitude.
- Maintain working knowledge of the industry, regulatory, broad economic environment, and internal environment, as to the development of new strategies and plans, opportunities, and risk, to obtain an understanding of the control environment.
- Ensure that all audit procedures executed are conducted in accordance with Corporate Audit Methodology as confirmed by its Quality Assurance program and/or regulatory examination results.
- Apply sound judgment in the execution of the assigned work and ensure open lines of communication.
- Develop and maintain good working relations with key stakeholders.
- Actively monitor change management initiatives and identify potential risks.
- Actively participate and support Corporate Audit change initiatives.
- Maintain and enhance professional audit qualifications in line with industry standards.
- Typically between 5+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
- Professional designations or business designation such as CIA, CPA-Audit.
- Deep knowledge and technical proficiency gained through extensive education and business experience.
- Verbal & written communication skills - In-depth.
- Collaboration & team skills - In-depth.
- Analytical and problem-solving skills - In-depth.
- Influence skills - In-depth.
- Data-driven decision-making - In-depth.
The salary range for this role is $74,800.00 - $138,600.00, with a pay type of Salaried. BMO offers a comprehensive total compensation package, including performance-based incentives, discretionary bonuses, and other perks and rewards. We also offer health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.
BMO is committed to an inclusive, equitable, and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process.
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