Audit Manager, Gbm Internal Audit

Requisition ID: 189545

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

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Purpose_**

Contributes to the overall success of the Audit Department, GBM Audit Group in Canada and globally ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

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**_ Accountabilities _**:

- Supports a customer focused culture that deepens client relationships.
- Executes assigned areas in collaborative risk-based audits, ensuring scope and extent of work is in accordance with the approved plan; timing and budget are reasonable; procedures are efficient, and risks understood. Acts as team leader for assigned audits of low to moderate complexity.
- Holding walk-through meetings with audit clients to develop and document a thorough understanding of the business, key risks and processes for assigned projects.
- Identifying emerging issues that may impact the audit plan.
- Designing or updating audit procedures for assigned audits.
- Evaluates the design and operating effectiveness of internal controls over the Bank’s processes which support GBM and Treasury business lines and its support functions such as Risk Management, Global Wholesale Operations, Product Control, Internal Control / Finance. Works closely with other teams in integrated audits.
- Executes assigned audits in accordance with department standards ensuring that the nature and extent of testing are sufficient and appropriate to support the audit opinion. Adopts a continuous dialogue approach with the audit clients during the audit to build rapport and maintain a healthy working relationship with the audit clients. This includes:

- Evaluating the adequacy of system design and internal control framework in meeting business, operational and control objectives.
- Striving for efficient execution of assigned audits. The incumbent is expected to seek and obtain direction, perspective and resource support as required in order to complete the assigned audit on time and on budget.
- Identifies control weaknesses during assigned audits and develops audit findings to determine the root cause and associated impact/risk including developing practical and cost-effective recommendations as to how risks can be mitigated. This includes:

- Validating the accuracy of the finding with the auditee and present issues to line management.
- Following up on assigned issues in the Issue Tracking Database for timely resolution.
- Prepares audit findings which clearly report the extent, cost and risk of error, including the impact of those issues on achievement of control objectives, operations processing, financial reporting and regulatory compliance. When in a supervisor capacity, reviews/edits reporting from team members and summarize issues in a draft audit report for review by the assignment supervisor/VP on a timely basis.
- Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively pursues effective and efficient operations of his/her assigned areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Code of Conduct.

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Education / Experience_**
- Undergraduate degree in Business, Finance, Accounting or equivalent as a minimum.
- Holding CFA, GARP, FRM, CPA, or CIA designation, or advanced progress toward these
would be an asset.
- 3-5 years’ experience in Product Control, Risk Management, Internal Controls or Audit related to Capital Markets and Treasury activities.
- Strong understanding of Capital Markets products and processes.
- Strong knowledge of Financial Instruments valuation methods and models applicable for securities and derivative financial instruments. Experience in P&L attribution, or Independent Price Verification (IPV) of financial instruments would be an asset.
- Working knowledge of standards, regulations, and best practices applicable to Capital Markets accounting and reporting.
- Good analytical skills and proficiency with Microsoft Word, Excel, PowerPoint, and Visio.
- Experience with trading / source systems, Bloomberg/Reuters terminals, emerging data analytics techniques, programming knowledge and Visio will be an asset.
- Strong written and oral communication and presentation skills with proven ability to formulate and communicate issues and ideas to all levels of management in a logical, structured and concise way.
- Proven ability to work independently and as part of a team of professionals.

Location(s