SENIOR ADVISOR, INTERNAL AUDIT

BDC • Montreal, QC

11d • Hybrid

About The Position

Choosing BDC as an employer means working in a healthy, inclusive, and skilled workplace that fosters conditions for unique teams where employees are empowered to act. It involves being at the center of ambitious economic and financial projects to drive the success of Canadian entrepreneurs. The Advisor, Internal Audit supports the execution of internal audit and consulting activities to provide BDC Management and the Board of Directors with an independent and objective assessment of risks and assurance of adequacy and effectiveness of internal controls and processes. This role involves conducting audit engagements across various business units to assess governance, risk management, and control processes in alignment with BDC’s audit methodology, requiring in-depth business process understanding, data analysis, control evaluation, monitoring activities, and stakeholder engagement. The audit team directly contributes to BDC's organizational objectives by maintaining an effective control environment, ensuring practices mitigate potential risks, and upholding the highest ethical standards. Internal Audit’s scope broadly covers all functions and activities across all lines of defense.

Requirements

• Bachelor's degree in accounting, finance, business administration, economy, or related field.
• 7-10 years of financial service experience in internal audit or risk management.
• Capacity to demonstrate strong commercial acumen.
• Proven skills and experience related to adaptability, detail-oriented, internal control, interpersonal relationship management, organization and planning, results-oriented.
• Strong interpersonal skills, capacity to build and retain relationships and ability to work with and as part of a team.
• Excellent communication skills, in both official languages, and ability to produce clear, concise and effective written reports.
• Strong analytical, auditing and problem-solving abilities to evaluate areas of risks and to develop appropriate solutions.
• Excellent organizational skills and attention to detail yet, capable of quickly grasping the big picture, addressing concerns and problems, and proposing practical and novel solutions adapted to the environment of the Bank.
• Excellent knowledge of risk management frameworks, including governance within the three line of defense model.

Nice To Haves

• Credit acumen an asset.
• A professional designation (CIA, CPA, CFA, CISA, etc.), an asset.

Responsibilities

• Provide independent, objective risk assessment and evaluation of the effectiveness of 1st line and corporate function practices, internal controls and governance processes.
• Provide independent, objective assurance over the design and execution of the Bank's risk management practices established through 2nd line oversight/challenge processes, risk infrastructure activities, frameworks, policies, management reporting, and board reporting.
• Support the execution of audit engagements, in alignment with BDC’s risk-based approach, to enhance and protect organizational operations.
• Execute assurance, advice and insight engagements to assess and improve Governance, Risk Management and Controls.
• Perform design and operating effectiveness reviews of controls and business processes.
• Effectively document all the phases of the audit, including the documentation of process, risks, controls, and deficiencies.
• Support identification of valuable recommendations to management in order to facilitate appropriate mitigation of identified risks.
• Support execution of review of Financial Statement Internal Control Certification (ICC) and the assessment of Process Level Controls, IT General Controls (ITGC), Entity Level Controls (ELC) and Disclosure Controls (DC).
• Develop an understanding of IT risks and use acquired knowledge to identify key risks and controls.
• Perform follow-up reviews to validate that process improvement results have been achieved following the previously identified control and process weaknesses.
• Participate in quality assessment of the Internal Audit function and methodology continuous improvement initiatives.
• Maintain corporate audit independence and objectivity in all assignments while developing and maintaining effective, value-added partnerships (with colleagues, stakeholders, and audit clients).
• Assist with defining, developing, and documenting continuous monitoring processes to identify existing and emerging risks to operating effectiveness.
• Support the development and execution of data analytics testing for audits and application of Artificial Intelligence agents to facilitate Audit execution.
• Keep abreast of current developments in auditing and new auditing techniques.
• Support skills development and activity improvement initiatives impacting the broader audit team, including providing coaching and mentoring to junior staff.
• Build internal relationships and networks across BDC.

Benefits

• Flexible and competitive benefits, including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions
• a Defined Benefit Pension Plan
• a $750 wellness and health care spending account
• paid vacation each year
• five personal days
• sick days as necessary
• our offices are closed from December 25 to January 1
• A hybrid work model that truly balances work and personal life
• Opportunities for learning, training and development

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 501-1,000 employees