Vice President, Internal Audit
3 weeks ago
The Core Responsibilities Of The Job:
Expert Support to the Chief Auditor for Execution of the Annual Audit Plan: Lead and direct high-complexity audits within established timeframes and budgets, focusing on pivotal topics such as Capital and Second-Line of Defense Effectiveness. Contribute to the quarterly reporting process for the Audit Committee of the Board. Oversee a portion of the audit universe, leveraging deep subject matter expertise. Drive follow-up testing of management actions to resolve audit findings. Assume a key role in overseeing effective audit coverage of the Bank’s Advanced Internal Risk-Based approach program. Strategic Risk Assessment: Collaborate closely with the Chief Auditor in developing risk-based 3-year horizon audit plans and Basel AIRB multi-year audit plans. Maintain an acute awareness of strategic direction, significant initiatives, emerging risks, and regulatory updates to ensure audit coverage remains pertinent and value-driven. Contribute actively to regular risk assessments of each auditable entity through comprehensive evaluation of the Bank’s core risks.Leadership in People Management: Provide authoritative review and guidance on the work of other staff members, offering constructive feedback for enhanced audit coverage. Support the chief auditor in updating and refining Internal Audit policies and procedures to steer the execution of the Bank’s internal audit activities effectively. Relationship Management: Cultivate and maintain robust communication channels with Senior Management across business lines. Foster positive working relationships with management of control functions to ensure seamless collaboration. Engage with the CEO, Audit Committee, External Auditor, Regulators, and pertinent third parties as needed, demonstrating adeptness in managing high-level interactions.Let's Talk About You
Possess a post-secondary degree in a relevant field, with an Internal Audit designation considered a significant asset. Bring forth a minimum of 15 years of demonstrated expertise in a senior leadership capacity within Financial Services audit, coupled with extensive people management experience. Exhibit deep exposure to auditing/assessment of Financial Services product lines and/or control functions. Including deep knowledge of Financial Risk Management Functions, including governance processes related to topics such as Capital and Model Risk Management Demonstrate a profound understanding of Basel Advanced Internal Risk-Based Approach internal control expectations. Display exceptional written and verbal communication skills, with a proven ability to communicate effectively across all organizational levels. Possess a remarkable capacity to influence and impact Senior Management, driving acceptance and implementation of recommendations pertaining to identified control issues. Exhibit outstanding organizational, time management, and project management abilities, adept at managing multiple priorities within stringent deadlines. Demonstrate a track record of successful people management and coaching. What we offer [For full-time permanent roles] Competitive discretionary bonus Market leading RRSP match program Medical, dental, vision, life, and disability benefits Employee Share Purchase Plan Maternity/Parental top-up while you care for your little one Generous vacation policy, personal days and even a moving day Virtual events to connect with your fellow colleagues Annual professional development allowance and a comprehensive Career Development program A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experienceThe incumbent will be working hybrid and in office time will be spent working from Equitable Bank’s additional office space located at 351 King Street East, Toronto, ON.-
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