Sr. Audit Manager, Internal Audit Quality Control

TD•Toronto, ON

23h•CA$115,600 - CA$163,200•Onsite

About The Position

The Internal Audit Division Quality Control (QC) team is responsible for the development and execution of the QC annual plan as well as providing real time feedback on the alignment of audit delivery team audit work with TD Audit Methodology, regulatory expectations, industry best practices, and the Institute of Internal Auditors requirements. As a Quality Control Senior Audit Manager, you’ll plan and perform complex quality control reviews for the Wealth, Insurance and TD Securities team. You will be managing associated working relationships with internal audit teams. You’re already well-seasoned for delivering quality assurance reviews analysis and reporting to the internal audit teams. You’re coming to the table fully knowledgeable about the Institute of Internal Auditors Standards, financial industry and regulatory landscape, and current market trends, and, here at TD, you’d be putting that insight into action.

Requirements

Undergraduate degree required
10+ years of relevant experience
Advanced knowledge of the Standards of the Institute of Internal Auditors, Risk Management, and Compliance
Deep knowledge of auditing, quality assurance, and integration of cross functional processes to undertake and complete a variety of QC projects and initiatives
Expertise in using software tools, windows applications, data analysis and reporting techniques
A strong team leader who can negotiate and influence key partners including employees
Aptitude in exercising sound judgment while making decisions and handling confidential information with discretion
Ability to work collaboratively and communicate effectively in both oral and written form
A deep understanding of inherent risks and the ability to translate these risks into business language.
Advanced knowledge of business processes and operations, risk, change and project methodologies, organizational practices and business transformation
Experience in leading audit with a focus on the Wealth, Insurance or Capital Markets.

Nice To Haves

Over 10 years of experience in auditing and/or quality assurance with an undergraduate degree
Relevant professional certifications or designations (CPA, CIA)

Responsibilities

Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
Oversees and leads a large, significant and/or highly complex, and diverse audit team for an area of significant risk, complexity or scope
People Manager role that generally manages a team of Audit professionals / specialists
Strategic advisor to leadership team on the management of the portfolio and financials, with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends and identifying operational efficiencies and opportunities with other business management / enterprise areas
Facilitates key strategic audit discussions and provide thought leadership to executives
Sets operational team direction and collaborate with others to execute on common goals
Focuses on long term planning for functional area
Ability to process and handle confidential information with discretion
Develops, communicates and implements a holistic strategy for audit area of expertise in support of and integrated with the overall audit strategy
Oversees / leads / manages and plans audit engagement work activities to ensure adequate risk coverage which may require alignment across multiple areas
Review of Audit Planning Memorandum (APM), Process Risk and Control Matrix (pRCM), Findings Grid and Audit Report
Completes L2 reviews / sign off on all audit activities (i.e. walkthroughs, test scripts, test results, grid, evidence uploads)
Acts as lead audit advisor to management and respective teams for area of specialization.
Reports on emerging trends, identifying issues and opportunities and recommending action to senior management
Acts as a strategic audit advisor by providing counsel and guidance on audit issues.
Leads relationships with key enterprise partners and interface with respective leadership team to effectively manage own audit area and clarify scope of accountabilities while influencing and aligning others as needed
Ensures an integrated and aggregated view of all related activities across the overall function providing escalations, recommendations, and decision support to leadership
Forecasts initiatives and demand, and coordinates prioritization of the portfolio / initiatives with key stakeholders
Provides functional / business level communications to ensure messages to stakeholders and/and or leaders are consistent, appropriate and aligned to business strategies and executive management direction
Leads the team in the development and/or integrated implementation of policies / processes / procedures / changes across multiple audit areas
Ensures team adheres to internal policies / procedures, enterprise frameworks and methodologies and applicable regulatory guidelines, contributes to the review of internal processes and activities and assists in identifying potential opportunities to improve operational efficiencies for their business area
Leads relationships with business lines / corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirements
Supports team in staying knowledgeable on emerging issues, trends, and evolving regulatory requirements and assesses potential impacts to the Bank
Assesses / identifies key issues and escalates to appropriate levels and relevant stakeholders and audit management where required
Maintains a culture of risk management and control, supported by effective processes and sound infrastructure in alignment with risk appetite
Identifies, mitigates and reports on risk issues per enterprise policy / guidelines and ensures appropriate escalation processes are followed
Leads or contributes to cross-functional / enterprise initiatives as an organizational or subject matter expert helping to identify risk / provide guidance for complex situations
Oversees or leads the facilitation and/or implementation of own internal audit action/remediation plans to address performance / risk / governance issues
Responsible for providing both leadership and guidance.
Sets targets and objectives for the team, and deliver results
Grows team expertise to align with enterprise demand and the Bank's direction; assess team skills and capabilities and continually look for ways to provide and enhance the value delivered
Fosters an environment / culture that encourages productivity, innovation, process improvement, teamwork and a high level of professionalism
Co-ordinates necessary resources to ensure completion of Audit assignment by deadlines
Provides coaching, development, succession, recruitment, resource management and overall team leadership for team members and provide regular input into team members’ assessment of performance and development plans
Prioritizes and manages own workload in order to deliver quality results and meet timelines
Supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues / points of interest
Identifies and recommends opportunities to enhance productivity, effectiveness and operational efficiency
Establishes effective relationships across multiple business areas
Participates in knowledge transfer within the team and business units
Supports and manages teams through change
Is a brand ambassador for Internal Audit both internally to the bank and externally