Internal Audit Manager – Financial Services

Recrute Action•Toronto, ON

10d•CA$70 - CA$80•Hybrid

About The Position

Strategic audit opportunity in the insurance industry for professionals with experience in internal controls, risk management, and financial services. Hybrid role based in Waterloo or Toronto with exposure to complex audit engagements, business process evaluation, and cross-functional collaboration.

Requirements

Security Clearance: Enhanced Reliability Clearance (ERC) required.
4 to 6 years of audit, risk management, or related experience in the financial services industry.
Proven ability to manage multiple audits or projects simultaneously.
Strong analytical and problem-solving skills with the ability to assess business process risk and controls.
Effective written and verbal communication skills, with experience leading client-facing meetings.
Interpersonal skills with the ability to collaborate, influence, and build internal networks.
Sound business judgment with the ability to recommend value-added improvements.
Familiarity with control frameworks such as COSO or COBIT.
Knowledge of internal audit techniques including scoping, planning, and execution.
Understanding of risk management and operational risk frameworks.
Ability to adapt in a fast-paced, evolving environment.

Nice To Haves

Education in a related field is considered an asset, but equivalent experience will also be considered.
Recognized professional audit designation (e.g. CPA, CIA, CRMA, CISA) is an asset.
Exposure to IFRS, compliance requirements (AML, Privacy, Market Conduct), and IT controls is an advantage.
Experience with data analysis tools is considered an asset.

Responsibilities

Manage and execute complex audit engagements in line with internal methodology and Institute of Internal Audit (IIA) standards.
Lead audit preplanning, fieldwork, issue follow-up, and remediation testing.
Monitor the progress of audit projects and ensure alignment with resource budgets and target deadlines.
Conduct meetings with clients, present audit findings and recommendations, and facilitate opening and closing audit sessions.
Document business objectives, controls, and test strategies to support audit goals.
Assess the design and effectiveness of key controls, perform testing, and identify control gaps.
Prepare and review audit reports and ensure timely delivery to management.
Track audit findings and support resolution efforts.
Build strong working relationships with internal stakeholders and external regulators.
Identify opportunities for automation and apply data analytics using internal tools.
Provide consulting support, training, and education in risk management to business units.
Stay current with best practices in risk and control frameworks within financial services.