IT Audit Manager

BMO • Chicago, IL

2d • $75,000 - $160,000 • Hybrid

About The Position

The IT Audit Manager conducts audit engagements to critically assess management and internal control processes. The role approves the nature, extent, and timing of audits, oversees execution, and formulates insightful audit reports that provide management with clear, concise perspectives on issues and potential issues. The work provides assurance to the Board of Directors and senior management on the quality of internal controls and helps reduce the risk of financial loss and reputational damage. It also independently assesses the quality and effectiveness of internal control, risk management, and governance systems and processes.

The role serves as a trusted advisor to assigned business groups, contributes to the annual audit plan, and executes audits with consideration of inherent, control, environmental, and regulatory risks. Assignments may include individual audits and enterprise-level capstone audits, advisory engagements, and other work. The manager evaluates changing strategies, initiatives, emerging technologies, and technology risks; uses data analytics in advisory engagements; and develops informed insights to improve enterprise management and control processes.

The IT Audit Manager maintains the independence of the audit practice, identifies and evaluates control deficiencies, and prepares objective, fair, balanced, clear, concise, and timely audit reporting. The role ensures audit procedures follow Corporate Audit Methodology, maintains stakeholder relationships and professional qualifications, monitors change initiatives and risks, and provides specialized consulting, analytical, and technical support. The position primarily focuses on a BMO business or group, with possible enterprise-wide scope. It follows a hybrid work model, with three days per week in the Chicago or Milwaukee office.

Requirements

• Typically 5–7 years of relevant IT Audit experience.
• Post-secondary degree in a related field of study, or an equivalent combination of education and experience.
• Deep knowledge and technical proficiency gained through extensive education and business experience.
• In-depth verbal and written communication skills.
• In-depth collaboration and team skills.
• In-depth analytical and problem-solving skills.
• In-depth influence skills.
• In-depth data-driven decision-making skills.

Nice To Haves

• Professional IT or audit designation such as CISA, CIA, or CISSP.
• Experience with AWS Cloud environments.

Responsibilities

• Conduct audit engagements to assess management and internal control processes, including approving the nature, extent, and timing of audits and overseeing their execution and reporting.
• Provide independent assurance on internal control, risk management, and governance systems and processes.
• Act as a trusted advisor to assigned business groups and influence or negotiate to achieve business objectives.
• Identify emerging issues and trends and provide practical audit input to the Chief Auditor or Assistant Chief Auditor.
• Help develop the annual audit plan and identify opportunities to simplify Corporate Audit processes.
• Execute individual and enterprise-level audits, considering inherent, control, environmental, and regulatory risks.
• Conduct advisory and other engagements as required, including use of data analytics to improve quality and efficiency.
• Assess the effects of changing strategies, tactics, risks, initiatives, and emerging technologies on audit, advisory, and investigative services.
• Develop business and industry awareness to provide insights that improve enterprise management and control processes.
• Maintain the independence of the audit practice and its personnel.
• Develop objective, fair, and balanced audit discussion points and reports, and identify control deficiencies and assess their magnitude.
• Maintain working knowledge of industry, regulatory, economic, and internal developments relevant to the control environment.
• Ensure audit procedures comply with Corporate Audit Methodology and quality assurance or regulatory examination expectations.
• Use sound judgment, maintain open communication, and develop good working relationships with key stakeholders.
• Monitor change management initiatives and identify potential risks.
• Participate in and support Corporate Audit change initiatives.
• Maintain and enhance professional audit qualifications in line with industry standards.
• Provide specialized consulting, analytical, and technical support; diagnose and solve problems independently, including non-routine situations.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• Performance-based incentives and discretionary bonuses may be included, depending on the position's pay type.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager