Audit Manager

Audit Manager

Requirements

• Typically, between 5-7 years of relevant experience, which includes 2-3 years of public accounting, Big 4 or consulting experience, and 3-4 years of internal audit experience.
• Post-secondary degree in related field of accounting and/or finance or an equivalent combination of education and experience.
• Professional designations or business designations such as CIA or CPA.
• Verbal & written communication skills – In-depth.
• Collaboration & team skills – In-depth.
• Analytical and problem-solving skills – In-depth.
• Influence skills – In-depth.
• Data driven decision making – In-depth.

Responsibilities

• Conducts audit engagements to critically assess management and internal control processes, approving the nature, extent and timing of the audit, its execution and the formulation of insightful audit reports.
• Executes audits in full recognition of the risks of the group that encompass the inherent risks, control risks and internal/external environment and regulatory risks.
• Identifies emerging issues and trends to inform decision-making.
• Maintains working knowledge of the industry, regulatory, broad economic environment, and internal environment, as to the development of new strategies and plans, opportunities and risk, to obtain an understanding of the control environment.
• Identifies control deficiencies and provides a fair and balanced assessment of their magnitude.
• Ensures that all audit procedures executed are conducted in accordance with Corporate Audit Methodology as confirmed by its Quality Assurance program and/or regulatory examination results.
• Applies sound judgement in the execution of the assigned work and ensures open lines of communication.
• Develops and maintains good working relations with key stakeholders.
• Reports on audits to provide clear, concise and memorable insights on issues and potential issues to assist management in fulfilling mandates.
• Conducts advisory engagements and other engagements as required.
• Utilizes data analytics in audit and advisory engagements to improve quality and efficiencies.
• Maintains the independence of the audit practice and its personnel.
• Develops insightful discussion points contributing to audit reports that provides fair and balanced assessment of governance, risk and control processes based on audit work performed. Deliverables must be objective, clear, concise and timely.
• Maintains and enhances professional audit qualifications in line with industry standards.
• Works independently and regularly handles non-routine situations.
• Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.

Preferred Qualifications

• Working knowledge and experience relating to stress testing, capital plan, resolution and recovery planning, financial planning and analysis, current expected credit losses (CECL), or accounting operations is preferred.