Manager, Business and Operations Internal Audit

CWB Financial Group - Edmonton, AB (30+ days ago)

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CWB Financial Group is a diversified financial services organization providing specialized service in business and personal banking, trust, and wealth management across Canada. Our approach to business is straightforward: we work hard and with integrity, we practice common-sense thinking, we’re accountable for our actions, and we care about our people. We’re incredibly proud of the work we do every day to help our clients grow their businesses, manage their money and realize their financial potential! Learn more at http://www.cwb.com .

CWB is not your typical bank – we take a deeply personalized approach to our business and values. We are obsessed with your success: taking the time to understand our client’s goals and aspirations allows us to use a full-picture view in the type of support, guidance and service needed to help them cultivate a successful financial future.

Our Audit Department is the 3rd Line of Defense and plays a key role in the internal control system of CWBFG. We are seeking a Manager, Business and Operations Internal Audit to plan, lead and manage the execution of the approved risk-based Audit Plan for all business and operational areas (including our branches and partner companies) to provide vital assurance on the quality of internal control systems to reduce the risk of loss and reputational damage to the Company. Additionally, the manager will contribute to the overall audit plan and strategy and provide input into Corporate Audit processes finding opportunities to simplify.

Are you passionate about internal audit and have experience working in the financial industry? If you are looking for a new challenge to embark on, come explore why CWB is the place to grow, prosper, and make an impact!

Embrace the New – with CWB Financial Group.

Here is a glimpse into what your career could look like with us!

What you will be responsible for:
Audit Planning and Execution

Lead and manage assigned internal audit engagements, by planning and scoping engagements; designing and executing appropriate procedures; evaluating the effectiveness and efficiency of key controls tested; assigning resources; communicating balanced and insightful observations, and actionable recommendations, and finalizing audit reports.
Develop and maintain a thorough understanding of the business, risks and processes for assigned areas.
Preparation of audit reports to management and senior executives.
Manage and provide guidance to staff assigned to each audit. Perform reviews of work performed by other staff members in accordance with the department’s quality assurance and improvement program, and provide guidance and coaching as necessary.
Make recommendations to management to mitigate risk by implementing preventative actions, policies, procedures, documentation, or capitalizing upon other opportunities where the Bank can improve upon its operations and internal control.
Assist in management, tracking, and reporting of outstanding action plans and perform timely follow up on closure of outstanding audit issues.
Assist in providing advisory services to management and assistance on ad-hoc projects and requests as needed, while maintaining objectivity and independence.
Actively look for opportunities to employ data analytics and other advanced tools and techniques as part of regular audits.
Collaborate and work with other Internal Audit functions, as needed including involvement on Corporate Audit or Regulatory Compliance audit activities, when called upon.

Client Relationship Management
Build and maintain effective working relationships with auditee management.
Attend meetings with key Internal Audit partners as part of audit planning, kick off and closures.
Maintain effective communication with partners including appropriate handling of conflicts and issue resolution.
Coordinate receipt of client feedback surveys and compile results on an engagement by engagement basis to support client satisfaction assessments.

Essential Education and Professional Experience:
Undergraduate degree, preferably in an accounting, business, finance or a related field.
Chartered Professional Accountant designation (i.e., CA, CPA) or equivalent, is preferred.
A professional audit certification such as CIA, CISA, or CFSA, is preferred.
Minimum 6-7 years of progressive experience in Internal Audit or Risk Management with financial institutions (preferably at a bank).
Broad experience of banking operations is preferred including:
In-depth experience within or auditing bank operations.
Experience, knowledge and training in a progressive audit department operations.
Previous experience with Retail Banking Operations or Commercial Banking Operations is preferred.
Good understanding of credit risk management practices, industry trends and lending processes and controls (end-to-end lending cycle).
Demonstrated experience managing internal audits and coaching and mentoring associated team members.
Good knowledge of Canadian banking regulations (e.g. OSFI, FINTRAC, CDIC etc.).
Strong knowledge of the Standards of the IIA, as well as internal audit processes and methodologies.
Proficient in using Microsoft Office Suite with high proficiency in Microsoft Excel.
Working knowledge of data analytics tools (e.g. SQL, Power BI) for reporting and data analysis.

Essential Personal Competencies:
Solid communication and influencing skills, particularly in report writing and verbal presentations.
Strong judgment and creativity; strong problem-solving and analytical skills; ability to effectively process a large volume of information and/or uncertainty, and draw meaningful and persuasive conclusions.
Proven ability to manage multiple complex engagements simultaneously, and to prioritize work and efforts of self and team effectively.
Ability to quickly understand the risks associated with business processes and products and ability to formulate practical audit procedures to adequately monitor new risk is essential.
Understanding of technology and its application in optimizing business process, including understanding of technology environments and governance frameworks.
Ability to create a positive and engaging team environment, embrace change, and learn quickly.
Willingness to travel (some travel is required – up to 20-25%).

We put our People First at CWB By offering:
Base salary plus additional bonus compensation .
Career growth. We are passionate about investing in our employees’ development and supporting them in reaching their professional goals.
An award-winning benefits packages that includes 100% company-funded health coverage (dental, vision and prescriptions), health care spending account, a flexible wellness program and cwbalance day (extra day off with pay).
Company ownership: Every employee has the opportunity to be an owner with our employee share purchase plan (ESPP) and we will match a portion of your contributions to help you build your share ownership faster.
Matching employer contributions to your retirement savings.

#discoverCWB #L1-AR

Closing Date:
  • P osition closes at 12:01am on indicated close date
08/10/2020

Inclusion & Diversity

CWB Financial Group is committed to being an equitable employer, providing an inclusive environment for a diverse workforce, including but not limited to, women, persons with visible and invisible disabilities, Indigenous persons, gender and sexual minorities, and ethnic visible minorities. We believe that inclusion has power. In fact, that’s one of our values. We know that diverse teams unleash new ideas and perspectives. We work to create an organization where people can be proud of who they are, and allies for those around them. We know that there is power in our differences and we are committed to providing equitable treatment to all employees, applicants and clients. And beyond that, we celebrate our people and those differences.

We're proud to have built a culture that thrives on idea-sharing and collaboration, and we're always finding ways to continue to create a warm, welcoming and inclusive work environment. We have a strong ethics program, a mandatory Respect in the Workplace eLearning program, comprehensive policies related to employment equity, and a strategy and an going strategy to ensure diversity and inclusion thrives at CWB.

Accessibility

CWB Financial Group is committed to providing all applicants with equal accessibility. Believing that inclusion has power, we strive to create an accessible environment for all, focused on the principles of independence, dignity, and equality. If you require adjustments as part of the recruitment and selection process (from application to offer) please submit your request here and one of our recruiters will reach out to you directly.