Internal Auditor

North York, ON

Job Purpose & Summary

The Internal Auditor supports the Audit team in conducting all types of audits across the organization in accordance with Internal Audit polices, standards, and practices to identify areas of risk. Under direction from the Senior Internal Auditor, 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 may also independently conduct less complex internal audits depending on business needs.

Key Accountabilities & Duties

  •  Under guidance from the Senior Internal Auditor, execute assigned fieldwork and testing, or conduct audit as needed, in accordance with established polices and standards and within the prescribed time and budget
  • Contribute to the completion of the overall audit process, including identification of risks and controls, scoping, development and application of appropriate audit programs, reporting, and post-audit procedures
  • Support the preparation of draft reports for the review of the Manager, Internal Audit on the audit findings and recommendations to mitigate risks detected during the audit
  • Present objective and independent conclusions regarding the adequacy of internal controls in accordance with audit standards
  • Maintain awareness of emerging risks, issues, and regulatory requirements and assess potential impacts on the business
  • Conduct research as required to identify benchmarks and/or industry best practices for the management of risk across the business
  • Build and maintain positive working relationships by effectively communicating and regularly sharing information, issues, and points of interest with the team, as well as internal and external business partner

Occupational Experience & Education Requirements

  • 2 - 3 years' of internal or external audit experience
  • Bachelor's degree in Accounting or other business-related field required

Knowledge, Skills & Attributes

  • Knowledge of internal audit, including offering sound advice and recognizing opportunities to add value
  • Knowledge of risks faced by a financial institution in the areas of business processes, operational, credit, and legislative compliance
  • Excellent written and verbal communication skills
  • Sound analytical and problem-solving skills 
  • Demonstrated time-management and prioritization skills with the flexibility to adapt to meet tight deadlines and changing priorities 
  • Ability to manage several tasks concurrently
  • Proven ability to maintain independence of thought and action
  • Proficient in Microsoft Office (Word, Excel, Outlook)

Working Condition

  • May be required to work outside of normal working hours for specific projects


Employment Status: Full-time

Hours per Week: 38

Job Grade Level: Five (5)

Qualified applicants are encouraged to submit their application. Applications must include both a resume and cover letter.

We thank all applicants but only those considered for an interview will be contacted.