Senior Internal Auditor (IT Security, Finance & Operations)

Senior Internal Auditor (IT Security, Finance & Operations)

Take a central role

The Bank of Canada has a vision to be a leading central bank—dynamic, engaged and trusted—committed to a better Canada. No other employer in the country offers you the unique opportunity to work at the very center of Canada’s economy, in an organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in our environment. 

Building on the principles that have always guided us – excellence, integrity and respect – we strive to be forward-looking and innovative, to welcome people with diverse perspectives and talents, and to earn trust by living up to our commitments and by clearly explaining the intent of our policies and actions.  

With our defined-benefit pension plan, benefits, and high flexibility for work life balance - find out more about why we are annually ranked as one of Canada's top employers:  Working Here - Bank of Canada

Find out more about the next steps in our Recruitment process. 

What you will do 
As a Senior Internal Auditor in the Audit Department, you are primarily responsible to provide assurance to management and the Board of Directors by performing independent and objective assessments of the appropriateness and effectiveness of the Bank’s risk-management, control and governance processes (systems of internal control), while promoting continuous improvement of these processes. 

As there are both Information Technology, Finance & Operations auditor roles available, you will carry out planning, fieldwork and reporting activities for financial, compliance, information technology, or operational audits based on your previous experience and in accordance with professional audit standards. Your engagements may be across any of the Bank’s business lines, operated internally or with external service providers.

In addition, you will:

• develop and maintain proactive and collaborative relationships with internal and external stakeholders (partners, clients), anticipating the needs of clients and risks to their business objectives
• develop engagement objectives, scopes and audit programs (based on an understanding of business conditions and a sound preliminary risk and control assessment) that are in line with direction provided by Audit management 
• apply a variety of audit practices to obtain sufficient and appropriate audit evidence to support observations, and use strong judgment and business knowledge to identify causes and formulate recommendations to improve risk-management, control and governance processes 
• use data analytics and /or visualization techniques to present the results of statistical analyses, where feasible
• plan and prepare audit communications with input from senior colleagues, including briefing decks and/or dashboards (where appropriate), audit reports and recommendations to strengthen internal controls as well as deliver audit results to various audiences
• proactively monitor and acquire knowledge of external trends such as emerging technologies, accounting and audit practices, communicating how they affect the Bank and identifying opportunities for continuous improvement of audit products and services

What you need to succeed
You have experience in internal control and risk analyses, including identifying control objectives and corresponding control procedures that reduce the likelihood and consequences of risk to strategic and operational objectives. You have experience leading audits, including the planning, conducting and reporting phase. You have knowledge of management practices pertaining to corporate governance and risk management.

You have good knowledge of auditing practices and standards, including control frameworks (COSO, COBIT, NIST, ISO, CIS, etc.). You also have experience in internal control practices for financial reporting, operational processes, IT/cybersecurity audit, IT general control testing and/or application controls testing.

You are driven to achieve results and ensure timely delivery of high-quality projects and services. You demonstrate excellence and critical thinking, and you look for ways to improve and increase efficiency. You have in depth analytical skills, being able to conceptualization and solve problems as they arise. You have good project management, communication and relationship management skills. You are comfortable with managing simultaneous deliverables and working on multiple assignments concurrently.

Nice-to-have 

• An internal auditing designation (CIA) or another recognized professional designation in accounting (e.g., CPA, CMA, CGA) risk management (CRM), project management (PMP), human resources (CHRP), information technology (CISA, CGEIT) or security (CISSP), would be considered an asset; 
• An understanding of the Bank’s functions, its governance and administrative framework, as well as its risk-management and control practices; or
• Experience in:
  • using computer-assisted audit techniques, data analytics, data visualisation (e.g Power BI, IDEA); 
  • assessing or managing risks and controls in a complex IT environment, including enterprise systems that are either managed on-prem or in the cloud (i.e., IaaS, PaaS, SaaS); 
  • conducting or auditing accounting functions, payroll, procurement, financial markets, and/or payment and settlement processes; or internal control, risk management and/or compliance functions

Your education and experience
The position requires a university degree and a minimum of three years of recent and relevant work experience in financial, compliance, audit role and/or Information Technology & Cyber Security. An equivalent combination of education and experience will be considered.
 

What you need to know

• Language requirement: English and French essential (bilingual) with a minimum starting level of functional (level 4) in second official language. Training may be provided to help reach the required level of fully functional (level 5) in second official language.
• Priority will be given to Canadian citizens and permanent residents
• Security level required: Be eligible to obtain Secret 
• There will be no relocation assistance provided
• Please save a copy of the job poster. Once the closing date has passed, it will no longer be available. 
• The official title for this position is “Senior Internal Auditor ” 

Hybrid Work Model #LI-Hybrid

The Bank offers work arrangements that provide employees with flexibility, enable high-performing teams, and support an excellent workplace culture. Most employees can telework from home for a substantial part of each month as part of the Bank`s hybrid work model, and they are expected on site at the Bank location a minimum of eight days per month to help build connections between colleagues. You must live in Canada, and within reasonable commuting distance of the office.

What you can expect from us
This is a great opportunity to join a leading organization and be part of a high-performing team. We offer a competitive compensation and benefits package designed to meet your needs at every stage of your life and career. For more information on key benefits please visit A great deal to consider. 

• Salaries are based on qualifications and experience and typically range from $85,170 to $100,200 (job grade 16)
• Depending on performance, you may be eligible for performance pay. The first tier of performance pay is for successfully meeting expectation, at  5 to 7% of your base salary. The Bank offers performance pay for those who exceed expectations (10% of your base salary).. Exceptional performers who far exceed expectations may be eligible for higher performance pay.
• Flexible and comprehensive benefits so you can choose the level of health and dental coverage that meets your needs
• Extra vacation days (up to five each year) that you can purchase to add to your vacation entitlement
• Option to join the indexed, defined-benefit pension plan after 24 consecutive months of service #LI-POS

We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted.T