Internal audit Jobs in Markham, ON

About the Company

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

Why Work Here

• 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

About the Opportunity

• 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.

About You

• Minimum university degree or community college diploma in accounting, finance or business
• Professional designation e.g. CPA (CA, CGA, CMA), CIA or equivalent
• 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.

Salary Range

$150,000 - $190,000 / year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.

When referencing this job, quote #306012

This position for employment is for a current vacancy with Vaco/Highspring’s client. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com.

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

Representation Notice

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

For residents of Ontario, Canada: Based on Highspring’s discussions with its Client, Highspring’s understanding is that this position for employment is a current vacancy (either through Highspring as a contractor or with the client directly).

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
• Virginia residents may access our state specific policies here.
• Residents of all other states may access our policies here.
• Canadian residents may access our policies in English here and in French here.
• Residents of countries governed by GDPR may access our policies here.

Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring’s use of AI can be found here (https://www.highspring.com/ai-use-notices/). Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client’s use of AI products in hiring.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

• the individual’s skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.