Head of Risk and Audit
2 weeks ago
IO’s Finance, Technology, and Lending Enterprise Team ensures that IO is a financially efficient and effectively managed organization and that the agency’s finances are monitored, reported, and managed appropriately. The team also manages the infrastructure lending program, which has supported more than $18 billion in local infrastructure development, and IO’s Information Technology and Business Services, providing tools and systems to ensure secure, effective, and efficient operations.
Infrastructure Ontario (IO), an Ontario crown corporation, provides a wide range of services to support the Ontario government’s initiative to modernize and maximize the values of public infrastructure and realty. It upholds Ontario’s commitment to renew public service, often in cooperation with the private sector. IO delivers results directly to clients and stakeholders through various services, including major projects, real estate services, infrastructure lending, commercial projects, and development.
IO has been recognized domestically and internationally for the way it does business and the success it has had with its many infrastructure and realty projects. Infrastructure Ontario delivers some of the most complex, ambitious commercial and land development solutions for the Province - through partnerships with multiple levels of government and an expanding array of private sector partners. The agency continues to evolve and expand its capabilities to maximize its public impact and deliver on its vision of Creating a Connected, Modern and Competitive Ontario.
**What You Will Do**:
- We are currently seeking a seasoned Head of Risk and Audit (EVP level) to effectively lead our internal audit, enterprise risk, and credit risk functions, providing objective assessment to the Board of Directors and leadership team that will add value and support the improvement of overall corporate effectiveness.
- The individual will gain a deep and broad understanding of the business and culture quickly.
- They will develop and maintain effective working relationships with the leadership team, the Board, and cross functional leaders, establishing a high level of credibility, trust and respect of the organization and be viewed as a key business partner and leader.
- Keeping abreast of best practices the Head of Risk and Audit instils a culture of excellence, continuous improvement, and acts in accordance with all relevant regulations.
**Who We're Looking For**:
- Professional designation in accounting, risk or audit as well as significant internal auditing or enterprise risk management experience within organizations of comparable scale and scope and within at least a sector in which IO operates.
- Managed the full remit of internal audit or risk management.
- Strong understanding of methodologies, process, engagement risks, and enterprise-level risk assessments supporting annual audit planning.
- Balancing a progressive and objective approach, you demonstrate a deep analytical ability and sound judgement to support IO in accomplishing its strategic objectives.
- A superb communicator, you coach, mentor, and support your team to success.
- Previous experience working closely with executive teams and Boards.
**What's in It For You**:
- ** In joining IO, you have a unique opportunity to create a lasting impact in communities across Ontario. To support IO colleagues in thriving both professionally and personally, we offer comprehensive benefits that include**:
- Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging and represents and reflects the needs of the communities we serve.
- A flexible, hybrid work approach that allows colleagues to find balance between their professional and personal lives and making the most of the benefits of working remotely and purpose-driven in-person collaboration opportunities.
- A defined contribution pension plan, where IO contributes the equivalent of 5% of a full-time employee’s annual salary, with an option for IO to match an additional 2.5% contribution made by the employee. IO also offers a Group Retirement Savings Plan and Group Tax Free Savings Account, designed to help IO colleagues plan and save for their future.
- A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more.
- A pregnancy and parental leave program that offers expecting, eligible employees a top-up to 93% of their annual base salary for 31 weeks, and our parental leave program offers eligible employees a top-up to 93% of their annual base salary for 15 weeks.
- Access to our Healthcare Spending Account to top up expenses not covered in the benefits program and a Lifestyle Account that expands the eligibility of health and wellness options and can include coverage for gym memberships and fitness equipment, nutrition counselling or financial planning.
- Executive roles qualify for a $7,500 annual Healthcare Spending A
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