Typical Day in Role
• Auditing and Execution
– Execute assigned audit activities independently as a team member or Officer-in-Charge (OIC).
– Assess the overall effectiveness of governance and management oversight over Real Estate Secured Lending Program Enhancements.
– Assess controls across the First Line of Defense, including regulatory obligations, policies and procedures, underwriting, systems, and fraud management.
– Determine the efficiency, effectiveness, integrity and reliability of internal controls in relation to defined control requirements, employing data analytics to support conclusions, where applicable.
– Execute and manage assigned activities independently in accordance with the Department Standards ensuring audit testing is sufficient and appropriate to support the audit opinion.
– Document all audit work performed to ensure appropriate working papers are maintained and conform to department standards.
• Problem Identification
– Identify and assess materiality of control weaknesses ensuring facts are gathered and determine the root cause of the problem impact, prepare / review audit findings, as applicable.
• Reporting/Communication
– Draft audit findings, reports and correspondence to management. Ensure writing is clear, concise and accurate.
– Present and discuss findings and progress with management, as required.
– Follow up on open action items and/or new audit issues raised.
– Develop and maintain good relationships with key auditee and business line management.
Candidate Requirements/Must Have Skills:
1) 5+ years in Retail Banking, Audit, Regulatory body, or related experience with a deep understanding of Real Estate Secured Lending products and key regulations/regulatory.
2) Knowledge of analytical tools such as Python and experience using PowerBI
3) Knowledge of audit processes and methodologies and/or prior change management testing experience
Nice-To-Have Skills:
• Prior Financial Institution Experience
Soft Skills:
• Proven track record of training / presenting to large stakeholder groups.
• Ability to write clearly and concisely.
• Strong strategic, analytical, problem-solving, and critical thinking skills.
• A self-starter / takes initiative, deals well with ambiguity, is detail oriented.
• Highly organized, ability to work in a dynamic and fast paced environment.
• Strong people skills, including relationship building with clients.
Degrees or certifications:
• Accounting designations / technical / professional qualifications (CPA, CFA, CIM, etc.), post-graduate degree in business, finance, economics, accountancy, or any other relevant experience (e.g., First Line testing, QAR, Audit, Compliance) would be an asset.