Audit Manager - Wealth Management; CNB

Job Description

WHAT IS THE OPPORTUNITY?

The Audit Manager II position is a leadership role as an auditor-in-charge to guide a team of auditors to assess risks, develop detail audit programs, identify data analytic opportunities, execute audit programs, analyze results of testing performed, and effectively communicate audit results to the Senior Audit Manager/Director and senior management in meetings, presentations, and/or written reports and memorandums. The position will be based out of Toronto/Halifax and will support City National Bank's Internal Audit in providing independent, objective assurance over the design and operating effectiveness of the Bank's risk management practices, governance processes, system of internal controls for the Wealth Management platform:
Personal and Employee Benefit Trust Administration, Retirement and Custody Services, Specialty Wealth Assets, Investment Advisory, Broker/Dealer, Investment Banking activities for CNB's Capital Markets, Registered and Unregistered Fund Vehicles, Support Functions (Operations, Compliance, Risk). Additionally, the position is responsible for maintaining and executing continuous monitoring program in accordance with audit methodology and taking into consideration industry development, emerging risks, and regulatory changes and expectations.

WHAT WILL YOU DO?

• Audit and Assurance General Requirements:
  Plans, executes and evaluates audit test plans for projects of medium to high complexity with a risk-based audit approach. Assesses risks and controls, designs comprehensive audit programs, executes audit procedures, supervises and reviews the work of others, analyzes and synthesizes results of testing performed, effectively communicates results to senior management to affect change, and delivers well written audit reports and other forms of communication.
  
  Manages staff assigned to engagements, and collaborates with other audit groups to effectively plan, integrate and execute audits. Understands operational and wealth management specific risks in order to identify and assess key control activities in business processes. Assesses information security and privacy policies and procedures to identify weaknesses within the business process or activity being audited. Leads and executes continuous monitoring activities periodically for the area assigned.
  
  Gathers and evaluates information received from business units and other external/regulatory sources. Ability to multi-task and work in a dynamically changing environment. Complies fully with all Bank policies, procedures, audit methodologies, training and regulatory requirements.
• Data Analytics and Technology:
  Discover patterns, insights, trends and anomalies from straightforward analyses, data sets and visualization tools. Execute basic analyses (e.g. descriptive) and create simple visualization using standard tools. Develop requests for advanced analytics by providing detailed and clear questions to the Data Analytics Lead or Data Scientist. Applies advanced analytical techniques to test hypotheses and add insights into audit findings. Understands concepts of data lineage and data stewardship in order to develop effective data analytics that provide the insights.
• Relationship Building and Client
  
  Experience:
  
  Supports the Audit Director proactively in their ongoing monitoring and discussions with business management. Continuously builds trusting relationships with Internal Audit peers and business management. Acts as the key contact and responds to inquiries from business throughout the audit process. Challenges others’ thinking or approaches in a constructive manner. Advises stakeholders on internal control and governance matters and conducts proactive and ongoing risk management discussions with business leaders.
  
  Influences key stakeholders to gain buy-in, overcomes challenges and delivers on high priority initiatives, and draws conclusions or makes recommendations based on audit evidence that may involve ambiguity.
• Staff Performance and Mentoring:
  Acts as a role model/mentor to more junior auditors and provides constructive feedback. Enhances and maintains staff morale. Prepares and conducts…