Audit Manager- Projects

BMO•San Ramon, CA

1d•Hybrid

About The Position

Project Audit is a specialty team within the Corporate Audit Division that assesses the quality and effectiveness of internal controls, governance, and risk management activities over select high-risk, multi-million-dollar initiatives. These projects/programs typically span multiple years and involve significant investments across BMO’s operating groups, providing a unique opportunity to gain enterprise-wide exposure and engage with senior management. In addition to delivering audit opinions, the Project Audit team adds value by identifying and communicating opportunities for process efficiencies and enhanced risk management practices.

Requirements

Typically, between 5+ years of internal audit experience with a focus on Project Auditing and/or exposure to strategic initiatives
Post-secondary degree in related field of study or an equivalent combination of education and experience.
Strong communication and client relationship management skills.
Strong critical thinking and adaptability.
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.

Nice To Haves

Exposure to, or experience in, auditing strategic or regulatory initiatives delivered through diverse planning and delivery approaches—including software development life cycles such as Waterfall, Agile, or Hybrid—is considered an asset, with adaptability and learning capacity highly valued.
Professional designations or business designations such as CIA, CISA, CRISC, CISM, and/or PMP highly valued.
Deep knowledge and technical proficiency gained through extensive education and business experience.

Responsibilities

Testing key internal controls and governance and risk management processes in alignment with Corporate Audit Methodology.
Identify and communicate with Project Audit leadership changes in project risks, processes, and/or desired outcomes observed through audit work, along with recommended responses.
Contribute to team efficiency by identifying opportunities for simplification, automation, and data-driven insights.
Engage with senior leaders across BMO.
Act as a trusted advisor to assigned business groups, influencing and negotiating to achieve objectives.
Identify emerging risks, trends, and technology impacts to inform audit planning and execution.
Provide critical input to audit leadership on practical aspects of audit execution and contribute to annual audit planning and process improvement initiatives.
Provide input into annual audit planning and Corporate Audit process improvements.
Execute audits with full recognition of inherent, control, regulatory, and environmental risks. This may encompass individual audits and capstone audits of enterprise-level functions and processes.
Conduct advisory engagements and other specialized reviews as required.
Determines impact of changing strategies, tactics, risks and initiatives on audit, advisory and investigative services.
Identifies and evaluates the impact of new and emerging technology and technology risk on the organization’s processes and control environment.
Apply data analytics to enhance audit quality and efficiency.
Develops an awareness of business strategies, policies and standards providing meaningful insights based upon knowledge and research which will continue to improve Enterprise management and control processes.
Maintains the independence of the audit practice and its personnel.
Develops insightful discussion points contributing to audit reports that provide fair and balanced assessment of governance, risk and control processes based on audit work performed. Deliverables must be objective, clear, concise and timely.
Identifies control deficiencies and provides a fair and balanced assessment of their magnitude.
Maintains 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 judgement in the execution of the assigned work and ensure open lines of communication.
Develops and maintains good working relations with key stakeholders.
Actively monitors change management initiatives and identifies potential risks.
Actively participates and supports Corporate Audit change initiatives.
Maintains and enhances professional audit qualifications in line with industry standards.
Provides specialized consulting, analytical and technical support.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Works independently and regularly handles non-routine situations.
Broader work or accountabilities may be assigned as needed.