Audit Manager, U.S. Credit

Final date to receive applications: 12/30/2025

Address: 320 S Canal Street

Job Family Group:
Audit, Risk & Compliance

Conducts audit engagements to critically assess management and internal control processes, approving the nature, extent and timing of the audit, its execution and the formulation of insightful audit reports. Reports on audits to provide clear, concise and memorable insights on issues and potential issues to assist management in fulfilling mandates. This work provides vital assurance to the Board of Directors and senior management on the quality of internal control systems and reduces the risk of loss and reputational damage to the Company.

This work is instrumental in identifying unacceptable/high risk circumstances that could lead to material impact on profitability or reputation. Provides independent assurance on the quality and effectiveness of internal control, risk management, and governance systems and processes to support senior management and the Board in protecting BMO and its reputation.

• Act as a trusted advisor to assigned business/group.
• Influence and negotiate to achieve business objectives.
• Identify emerging issues and trends to inform decision-making.
• Provide critical input to Chief Auditor/Assistant Chief Auditor on the practical aspects of the audit and its execution.
• Help develop annual audit plan.
• Provide input into Corporate Audit processes identifying opportunities to simplify.
• Execute audits with full recognition of the group risks that encompass inherent risks, control risks and internal/external environment and regulatory risks. This may encompass individual audits and broader capstone audits of Enterprise level functions/processes.
• Conduct advisory engagements and other engagements as required.
• Determine impact of changing strategies, tactics, risks and initiatives on audit, advisory and investigative services.
• Identify and evaluate the impact of new and emerging technology and technology risk on the organization’s processes and control environment.
• Utilize data analytics in advisory engagements to improve quality and efficiencies.
• Develop an awareness of business strategies, policies and standards providing meaningful insights based upon knowledge and research which will continue to improve the Enterprise management and control processes.
• Maintain the independence of the audit practice and its personnel.
• Develop insightful discussion points contributing to audit reports that provide fair and balanced assessment of governance, risk and control processes based on audit work performed. Deliverables must be objective, clear, concise and timely.
• Identify control deficiencies and provide a fair and balanced assessment of their magnitude.
• Maintain working knowledge of the industry, regulatory, broad economic environment, and internal environment, as to the development of new strategies and plans, opportunities and risk, to obtain an understanding of the control environment.
• Ensure that all audit procedures executed are conducted in accordance to Corporate Audit Methodology as confirmed by its Quality Assurance program and/or regulatory examination results.
• Apply sound judgement in the execution of the assigned work and ensure open lines of communication.
• Develop and maintain good working relations with key stakeholders.
• Actively monitor change management initiatives and identify potential risks.
• Actively participate and support Corporate Audit change initiatives.
• Maintain and enhance professional audit qualifications in line with industry standards.
• Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
• Provide specialized consulting, analytical and technical support.
• Exercise judgment to identify, diagnose and solve problems within given rules.
• Work independently and regularly handle non-routine situations.
• Broader work or accountabilities may be assigned as needed.

• Typically between 5+ years of relevant experience and post‑secondary degree in related field of study or an equivalent combination of education and experience.
• Professional designations or business designation such as CIA, CPA‑Audit.
• Deep knowledge and…