The Role
Reporting to the Director, this position is responsible for the planning, fieldwork and reporting of audits and the delivery of high quality, professional and cost-effective audit services.
This function adds value by providing independent assessments of internal control systems that safeguard the company’s assets using a risk-based approach.
This role is also responsible for evaluating the effectiveness of the organization’s risk management, control & governance processes in order to identify risk exposures and internal control deficiencies.
In addition, the Internal Auditor will assist the Director as well as the Internal Audit team as a whole, by providing value-added advice and support to the business on policies, procedures, processes or services to ensure an appropriate level of internal control and compliance is maintained.
Plan and Execute Assigned Audits
- Participate in opening meetings with client to explain the scope and objectives of the audit and provide an overview of all steps in the audit process.
- Develop a thorough understanding of business processes in scope for assigned audits and document the processes.
- Establish scope of audit projects through communication and meetings with auditee.
- Responsible for preparing written communication and conduct meetings with auditee management.
- Carry out engagement plan to deliver quality results on time and within budget.
Evaluate the Risks being Managed by Business Units
- Conduct meetings with management to discuss and understand the key controls within the business process(es) being audited.
- Document the processes through a narrative and / or flow chart.
- Identify and document risks and controls for the processes within the audit scope.
- Develop and assess tests of controls, evaluate and document the results of testing.
Prepare Audit Reports and Make Recommendations for Improvement
Assist in the preparation of concise and informative audit reports to effectively communicate the findings and recommendations to the department to improve risk management practices.
Continuous Professional Development & Expansion of Business Knowledge
- Maintain ongoing communication with management in the business areas around key business changes or significant issues faced by management, especially regarding their impact on the control environment.
- Keep abreast, through reading / participation / attendance at industry events regarding legislative requirements, industry guidelines or trends that impact MCAP businesses.
- Present and communicate to management regarding the role of Internal Audit and the positive impact on MCAP businesses.
- Develops and maintains effective and professional working relationships with all levels of staff within the organization.
What You Bring To The Team
- Minimum of 1-2 years’ experience in audit, finance or accounting
- Knowledge of financial institutions, mortgage servicing and lending industry.
- Some knowledge / awareness of risk-based auditing, control frameworks, and risk management techniques.
- Understanding of operational and financial controls within the MCAP businesses.
- Ability to understand business processes and their risk implications, analyze business situations, reach appropriate conclusions, and make value-added and practical recommendations.
- Good interpersonal skills with a proven ability to communicate effectively (both written and verbal) with all levels within the organization.
- Results oriented with the ability to balance multiple priorities and projects in a fast-paced environment.
- Proficient with Outlook, Word, Excel, PowerPoint and Visio.
- Well-developed organizational skills with the ability to prioritize multiple assignments.
- Strong analytical and problem-solving skills.
- Strong customer service skills with the proven ability to foster and build relationships.
- Ability to stand firm on difficult issues when required.
- Logical approach to identifying and evaluating issues and problem solving.
- Self-driven, motivated with the ability to work independently and in a team environment.
- Promotes and applies professional ethics, acts with integrity and takes responsibility for actions.
- Embraces change and drives improvement & innovation.
- University Degree or College Diploma
- Desirable to have, or be working towards, an auditing designation (CIA, CISA
Senior Auditor, Internal Audit
Senior Auditor, Internal Audit. Under the direction of the Senior Manager, Internal Audit, plan and conduct internal audits in strategic areas of the business, in accordance with IIA standards and IA requirements, including:. Contribute to internal audit’s risk assessment as needed, and how they imp...
Senior Internal Auditor, Capital Projects
Reporting to the Associate Director, Internal Audit, this role will assist the Internal Audit function in support the organization achieve its objectives by independently evaluating and improving the efficiency of risk management, control and governance processes. As Senior Internal Auditor, Capital...
Senior Internal Auditor
This position supports the internal audit mission and its activities to provide an independent and objective evaluation of SE Health's financial, technological, and operational activities relating to internal controls, governance, and risks. Maintain departmental standards and quality of audit engag...
Junior Internal Auditor - Co-op (Fall Term 2024)
Magellan Aerospace, Corporate has an exciting new opportunity for a Junior Internal Auditor (Co-op Student) for the Fall Term! (September 2024 to December 2024). Evaluate the adequacy and effectiveness of internal controls in business processes and other related areas. Provide assistance to external...
Internal Auditor Coop
Reporting to the Internal Audit Manager, the ideal candidate will have extensive experience in assessments of operational and financial risk and control environments, development of internal audit procedures, evaluation of complex issues and associated root causes and the development of risk mitigat...
Internal Auditor
The Internal Auditor will perform operational, compliance and financial audits across key areas for CI Financial. Knowledge of internal auditing standards, procedures, techniques and internal controls. The primary objective of this role is to enhance the overall control environment at CI Financial t...
Internal Auditor
Under direction from the Manager, Internal Audit, and guided by established test scripts, the Internal Auditor will conduct fieldwork and testing to ensure appropriate internal controls exist and regulatory requirements are met. The Internal Auditor supports the Audit team in conducting all types of...
Senior Internal Auditor
Our client is sourcing for a Senior Internal auditor to assist with 52-109 SOX compliance. Support the quarterly and annual internal control evaluation requirements of the Internal Controls over Financial Reporting (ICFR) and Disclosure Controls & Procedures (DC&P) Programs for NI 52-109 Certificati...
Senior IT Internal Auditor
Reporting to the Director, Internal Audit, the Senior IT Internal Auditor performs independent assignments to assist the audit committees and management in drawing conclusions on the adequacy of design and operating effectiveness of the organization’s internal controls systems. Lead and execute enga...
Senior Internal Auditor
This position supports the internal audit mission and its activities to provide an independent and objective evaluation of SE Health's financial, technological, and operational activities relating to internal controls, governance, and risks. Maintain departmental standards and quality of audit engag...