Audit Director, Commercial Banking
5 days ago
As a seasoned professional in the banking sector, you will lead credit audit engagements to critically assess management and internal control processes. Your expertise will be instrumental in providing assurance to the Board of Directors and senior management on the quality of internal control systems.
Key Responsibilities:
- Provide expertise in Credit Audit on the Commercial Banking side.
- Act as a trusted resource providing advice to executive leaders of business/group on risk, governance and internal controls.
- Meet regularly with business/group stakeholders to identify changing strategies, tactics, and initiatives across the business/group and evaluate changes to the nature, and extent of risk environments.
- Ensure that all audits for which the role is responsible are conducted effectively and efficiently to the high standards set out by the Corporate Audit.
- Motivate continued high performance by enhancing and executing Corporate Audit People Strategy including skill transformation and career development.
- 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.
- Identify control deficiencies and provide a fair and balanced assessment of their magnitude.
- Develop and maintain good working relations with key stakeholders.
- Actively monitor change management initiatives and identify potential risks.
Requirements:
- Typically 10+ years of relevant experience in Audit Leadership for Credit and Commercial Banking and post-secondary degree in related field of study or an equivalent combination of education and experience.
- Professional designations such as CIA, CPA-Audit.
- Experience with Credit Audit (must have).
Compensation and Benefits: $113, $211,800.00
Pay Type: Salaried
BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards.
About BMO:
BMO is committed to an inclusive, equitable and accessible workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process.
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