Did you know?
The role of internal audit at the Bank of Canada is to support management and the Board of Directors in the effective discharge of their responsibilities by bringing a systematic, disciplined approach to evaluating the effectiveness of the Bank’s risk management, control, and governance processes, and by promoting their continuous improvement.

What you will do
As a Senior Internal Auditor in the Audit Department, you are primarily responsible for 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. You will carry out planning, fieldwork and reporting activities for financial, compliance or operational audits 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 dahsboards (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 as well as 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 good knowledge of auditing practices and standards, control frameworks, internal control practices for financial reporting or operational processes, including computer application controls. 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 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 and relationship management skills. You are comfortable with managing simultaneous deliverables and working on multiple audits 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
• understanding of all the Bank’s functions, its governance and administrative framework, as well as its risk-management and control practices
• experience in:
  • using computer-assisted audit techniques, data analytics, data visualisation (e.g Power BI, IDEA)
  • auditing clients using complex enterprise resource planning (ERP) systems like SAP

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, and/or auditing role.. 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.

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 $83,500 to $98,235 (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