Manager – Governance, Risk and Compliance Services (Insurance)

KPMG•Toronto, ON

About The Position

Our Governance, Risk and Compliance Services (GRCS) professionals provide a range of assurance and advisory services to enhance the efficiency and effectiveness of internal audit functions, enterprise risk management programs, third-party relationships, regulatory compliance, governance and sustainability initiatives. We analyze and assess an organization’s business strategies and related business processes and systems to help management understand and address business objectives, requirements, risks, controls, and improvement opportunities. Our professionals bring both deep technical and industry experience, allowing clients to strengthen their key governance, risk management and compliance efforts while optimizing business performance. The successful candidate will be responsible for managing the planning, execution and reporting for risk management internal control and internal audit and identifying and executing on market and brand development opportunities for clients in the Insurance space of our Financial Services (FS) sector. This role will also support the growth of our insurance practice within GRCS by identifying client opportunities, contributing to market and brand development initiatives, and leading high-quality engagement delivery.

Requirements

5+ years of experience in internal audit, internal controls, SOX, NI 52-109, ICOFR, finance, risk management and/or regulatory compliance, preferably within Insurance or with an audit or consulting firm serving Financial Services clients
Strong knowledge of internal audit, risk management, controls and regulatory compliance across operational, compliance and reporting domains
Strong understanding of the Canadian Financial Services regulatory landscape, including awareness of insurance-related regulators and expectations such as OSFI and FSRA; familiarity with FINTRAC and CIRO is also considered an asset
Financial, commercial and insurance risk technical knowledge, with the ability to apply leading practices to client-specific circumstances
Experience leveraging AI-enabled tools, automation or data-driven approaches to enhance internal audit, risk management, controls testing and client service delivery
Experience leading internal audit or advisory projects, managing small to medium-sized teams and reviewing the work of junior team members
Excellent verbal and written communication skills, including the ability to prepare high-quality client deliverables and reports
Able to lead cross functional teams comprised of diverse backgrounds and skill sets
Self-motivated and is willing to ask probing questions to uncover client opportunities

Nice To Haves

Chartered Professional Accountant/Student (CPA), Certified Internal Auditor/Student (CIA), Certified Information Systems Auditor (CISA), Certified Risk Management Assurance (CRMA) or other relevant professional designation is considered an asset

Responsibilities

Lead a portfolio of internal audit / SOX / 52-109, risk and control engagements for Insurance clients within the Financial Services sector, ensuring quality, consistency and timely delivery
Manage the planning, execution and reporting of internal audit / SOX / 52-109 reviews, including risk assessments, scoping, fieldwork, issue validation and final reporting
Assist organizations with the development, implementation and execution of internal audit / SOX / 52-109 plans and projects in an internal audit / SOX outsourcing or co-sourcing arrangement
Lead complex regulatory compliance internal audit / SOX / 52-109 reviews and advisory projects to help clients improve their control frameworks, including the design and evaluation of controls and operating effectiveness
Execute internal audits / SOX / 52-109 audits and manage engagement teams responsible for completing audit procedures, documenting results and developing practical recommendations
Embed AI-enabled approaches across the internal audit, risk and controls lifecycle, helping develop practical products and solutions that enhance how we serve clients in an AI-enabled environment
Participate in the development and delivery of engagement presentations and deliverables to clients
Present findings and recommendations to senior leadership and audit committees
Provide technical and industry expertise to support integrated engagement teams, including collaboration with technology, regulatory and other specialist teams where required
Develop, lead and manage client engagement plans, deliverables and expectations as well as review the quality of the fieldwork and deliverables prepared by more junior team members
Simultaneously lead and manage multiple client engagements of varying size, scope and complexity
Assist in development of go-to market strategy and thought leadership material for insurance industry