Assistant Vice President Internal Audit

Our client is in the insurance industry. They are looking for a AVP, Internal Audit to join their team!

• Broad ownership: The role leads operations and enterprise audits, and covers subsidiaries, and helps shape the audit plan and processes.
• Senior-level exposure: The AVP reports to the Chief Internal Auditor and works with Senior Execs, while supporting materials for board reporting.
• Opportunity to grow and improve the function: The team is building dashboards and evolving its audit processes, giving the new hire a chance to bring ideas
• Development and international scope: offers a training budget, will support a CIA designation if needed, and the role typically includes travel to the UK

• Lead and oversee a broad portfolio of internal audit, risk, compliance, and operational review activities across multiple business areas and jurisdictions.
• Support the development and execution of the annual internal audit strategy and plan, aligned with organizational priorities, risks, and regulatory requirements.
• Provide oversight and quality assurance across audit engagements, including planning, risk assessment, data analytics, reporting, and follow-up activities.
• Partner with Senior Leadership and key stakeholders to identify emerging risks, strengthen internal controls, and provide practical recommendations that enhance business performance and governance.
• Prepare and present audit insights, trends, and recommendations to senior management and governance committees as appropriate.
• Lead, coach, and develop the Internal Audit team, fostering a culture of collaboration, continuous improvement, and professional development.
• Promote the use of data analytics, technology, and innovative audit practices to enhance the effectiveness and efficiency of the Internal Audit function.
• Maintain and enhance Internal Audit methodologies, frameworks, policies, and procedures in alignment with professional standards and leading practices.
• Develop strong working relationships across the organization and participate in strategic initiatives, projects, and committees where Internal Audit expertise is required.
• Support special reviews, investigations, advisory assignments, and other strategic initiatives as required.
• Perform other related responsibilities and special projects in support of the Internal Audit function.

• Minimum university degree or community college diploma in accounting, finance or business
• Minimum 10 years’ experience in external and/or internal auditing in the financial services industry (insurance and/or asset management preferred). This experience should include risk-based audit planning, execution, file completion, reporting and supervision/management of audit staff.
• Familiarity with the Institute of Internal Auditors (IIA) International Standards of Practice and must be considering or be in the process of pursuing a CIA designation
• Strong understanding of regulatory and risk environments across North America and the United Kingdom.
• Excellent written and verbal communication skills, with strong audit report writing capabilities.
• Strong risk assessment, analytical, negotiation, planning, and project management skills.
• Demonstrated leadership, coaching, interpersonal, and talent development capabilities.
• Experience with IT auditing, data analytics, and/or life insurance is an asset.
• Professional designations such as CISA, FLMI, or LOMA are considered an asset.
• Willingness and ability to travel internationally, including Canada, the US, and the UK, as required (up to approximately 30%).
• Valid passport and ability to travel to applicable jurisdictions.

$150,000 - $190,000 / year

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity.