Location
Greater Toronto Area, Canada
Salary
Not specified
Type
fulltime
Posted
Today
Job Description
SBI Canada Bank (“SBIC”) is a Schedule II bank and is the subsidiary of India’s largest bank, State Bank of India. The Bank is operating in Canada since 1982 and provides retail and corporate banking services. SBIC has grown organically, spreading its retail and digital banking solutions across provinces of Ontario and British Columbia. We are focused on growth by further expanding our digital offerings, branch footprint and partnerships.
Job Tittle- Assistant Manager, Internal Audit-Maternity Coverage (Contract Period One Year)
Role summary
In this role you will be actively contributing towards the third line of defense of the Bank by successfully completing internal audits. As part of your role, you would be liaising with all internal stakeholders where you will be required to comprehend processes and procedures (SOP’S), review them and provide recommendations. You will be reporting to the Chief Internal Auditor
Location: Mississauga Office -on site attendance 5 days per week
This position reports to the Chief Internal Auditor (CIA) and is primarily responsible for performing the following functions:
- Assist the Chief Internal Auditor (CIA) in the development and coordination of the bank’s internal audit activities, including an annual audit plan based on risk assessment
- Conduct internal audits including establishing or enhancing audit program as necessary
- Prepare audit reports with findings and recommendations
- Communicate audit findings and recommendations to various parties, including auditees
- Follow up with management remedial action plans
- Report on audit activities and issues directly to CIA on a regular basis
- Conduct quality assessment of outsourced audit results
- Assist Outsourced Internal Auditors and Parent Bank auditors in conducting audits
- Conduct annual internal QAIP
- Manage the IA related membership and audit tools as required
- Assess and provide assurance over credit risk management, underwriting, loan administration and portfolio monitoring processes
- Perform any other duties as assigned by the CIA
Job Requirements
- University degree in business, finance, economics, accountancy or similar area required.
- Professional accounting designation (CPA, CA) or technical / professional designations (CFA, MBA, CIA) required.
- Internal or external audit experience required with Audit experience in commercial and syndicate lending
- Strong communication skills with ability to write clearly and concisely.
- Strong analytical skills with ability to understand various operations and assess the effectiveness of controls.
- Knowledge of the financial sector including perspective on the regulatory and competitive landscape.
- Ability to problem-solve and multi-task.
- Role related travel to BC and Alberta SBIC branches as required
- Work effectively in a group environment.
- Ability to work in an environment of ambiguity and rapid change.
- Experience using data analytics and visualization tools would be an asset.
Compensation ranges, base salary from-CAD 50,000 to CAD 85,000 Annually based on experience
** The above statements are intended to describe the general nature and level of work to be performed, detailed KPI’s would be provided at the time on onboarding. They are not intended to be construed, as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.*
While we thank all applicants, only those under consideration for the position will be contacted. If you require accommodation during any stage of the recruitment process, please notify Human Resources at [email protected]. We encourage applicants from diverse backgrounds that enhances our commitment towards inclusivity and diversity in the workplace. We dedicate ourselves to employment equity and providing accessible employment practices. Any information obtained during the course of recruitment will be used for employment purposes only.
We thank all applicants for their interest in this opportunity. Only those selected for an interview will be contacted. SBI Canada Bank is an equal opportunity employer.
Schedule:
- Monday to Friday
Work remotely:
- No
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