Senior Manager, Group Audit & Conduct

Wellington-Altus•Toronto, ON

11d•Onsite

About The Position

Reporting to the Vice-President, Group Audit and Conduct, the Senior Manager, Group Audit & Conduct will provide functional oversight of audit deliverables, leading a portfolio of audits across the wealth businesses. The role will own risk assessment and plan delivery, elevate audit quality and insights, coach a high-performing team and influence senior stakeholders to strengthen control environments, conduct risk management and regulatory compliance.

Requirements

Bachelor’s degree or diploma in business administration, finance, accounting or similar field of study, or equivalent combination of education and experience.
Completion of CSC or CPH preferred.
5 – 8 years of internal or external audit, or first-line controls in Wealth and Risk Management.
Strong knowledge of wealth products and processes: advisory/discretionary, funds, managed solutions, fee billing, trading/ops, custody, vendor/third-party risk.
Solid grasp of Canadian wealth regulatory environment (e.g. CIRO, OSC, CSA) and conduct risk.
Proven people leadership: building, coaching and performance-managing a team.
Strong written and oral communication skills, ability to effectively communicate ideas and recommendations.
Advanced testing skills (design & operating effectiveness), root cause analysis, and issue development with sustainable remediation.
Proficiency with the MS Office (ie. Word, Excel, PowerPoint, Teams), and knowledge of advanced Excel functions (ie. VLOOKUP, pivot tables, etc.).
Risk & Control Acumen: Converts complex regulations and processes into clear control objectives and effective testing strategies.
Sound Judgment: Balances control rigor with business practicality; escalates the right issues at the right time.
Ownership & Delivery: Plans well, executes to timelines, and raises early warnings proactively.
Leadership & Coaching: Grows others; sets clear expectations and recognizes great work.
Data-Driven Mindset: Uses analytics and evidence to challenge and form insights.
Communication: Writes tight, persuasive reports; tailors messaging for executive audiences.
Must be legally eligible to work in Canada.
A background check, satisfactory to the employer, may be required of the successful applicant prior to commencing employment.
Must be able to travel for business trips up to 5% of the time.

Nice To Haves

Completion of CSC or CPH preferred.

Responsibilities

Lead the line of business risk assessment and develop a risk-based annual audit plan covering core lines of business, products, and key risk themes (e.g., suitability, KYC/AML, sales practices, conflicts, best execution, portfolio oversight, model risk, third-party risk, cyber & data, privacy).
Continuously update the plan based on emerging risks, regulatory changes, incidents, complaints, and business growth initiatives (e.g., new products, platforms, or outsourcing).
Incorporate data-driven scoping, thematic reviews, and continuous monitoring.
Oversee end-to-end audits: planning, fieldwork, testing, issue development, reporting, and follow-up—on time, on budget, and internal methodology.
Ensure robust testing of design and operating effectiveness for key controls over advice, client onboarding, account maintenance, trading, suitability, fee billing, disclosure, privacy, and safeguarding of client assets.
Drive the use of data analytics (population testing, stratified sampling, trend analysis, and control monitoring).
Review workpapers and reports to ensure clarity, factual accuracy, proportionality of findings, and actionable recommendations.
Assess compliance with applicable regulations and guidance (e.g., CIRO/IIROC Dealer Rules, OSC/CSA, FINTRAC, privacy laws) and internal policies/standards.
Evaluate conduct risk and client outcomes: suitability and KYC, conflicts management, compensation and incentives, complaints handling, vulnerable clients, and disclosure transparency.
Prepare for and support regulatory exams; track and validate remediation actions.
Build trusted, constructive relationships with senior leaders in Wealth (front office, compliance, operations, risk, technology).
Communicate insights succinctly, distinguishing between control gaps, design opportunities, and operational improvements that strengthen client outcomes and business resilience.
Escalate significant issues promptly, frame risk clearly, and align pragmatic remediation plans with measurable outcomes and accountable owners.
Lead and coach a team of managers/senior auditors; set goals, allocate work, review deliverables, and provide timely feedback.
Develop team capabilities in wealth products, conduct risk, regulatory interpretation, testing discipline, analytics, and storytelling.
Foster a high-performance, inclusive culture rooted in curiosity, accountability, and continuous improvement.
Champion audit methodology enhancements, automation, and analytics use cases (e.g., exception monitoring, outlier detection, fee/expense testing).
Contribute to audit committee materials, thematic insights, and quarterly risk reporting.
Share best practices across Group Audit & Conduct; mentor peers; lead training.