Job Summary:
Operating under professional guidance, this role utilizes a technically sound understanding of financial services risk management practices to develop, implement, execute, and administer the internal audits covering the risk processes at the Firm. This role collaborates across the Internal Audit department for comprehensive coverage across various subsidiaries, technology, and enterprise audit processes. This role operates with the support of the SVP and VP of the Canada, Finance, Risk and SOX (CFRS) IA Team and requires an awareness of industry and regulatory trends impacting risk, audit data analysis skills, and risk management perspectives.
Essential Duties and Responsibilities
• Manage the day-to-day audit engagements from the planning stages through the reporting stages.
• Produce quality deliverables in accordance with both department and professional standards.
• Execute testing as an individual contributor while also managing audit teams.
• Attract, develop, and retain talent within the Audit organization.
• Establish strong relationships with senior leaders including executive management, and related control groups.
• Use excellent communication skills to influence a wide range of internal audiences including respective product, function, or executive management partners.
• Finalize audit findings and provide an overall opinion on the control environment. Communicate audit findings to management and identify opportunities for improvement in the design and effectiveness of key controls.
• Implement and execute an effective program of continuous monitoring for assigned areas, including monitoring of key metrics to identify control issues and adverse trends.
• Stay up to date with evolving industry and regulatory changes impacting the business.
• Performs other duties and responsibilities as assigned.
Job Summary:
Operating under professional guidance, this role utilizes a technically sound understanding of financial services risk management practices to develop, implement, execute, and administer the internal audits covering the risk processes at the Firm. This role collaborates across the Internal Audit department for comprehensive coverage across various subsidiaries, technology, and enterprise audit processes. This role operates with the support of the SVP and VP of the Canada, Finance, Risk and SOX (CFRS) IA Team and requires an awareness of industry and regulatory trends impacting risk, audit data analysis skills, and risk management perspectives.
Essential Duties and Responsibilities
• Manage the day-to-day audit engagements from the planning stages through the reporting stages.
• Produce quality deliverables in accordance with both department and professional standards.
• Execute testing as an individual contributor while also managing audit teams.
• Attract, develop, and retain talent within the Audit organization.
• Establish strong relationships with senior leaders including executive management, and related control groups.
• Use excellent communication skills to influence a wide range of internal audiences including respective product, function, or executive management partners.
• Finalize audit findings and provide an overall opinion on the control environment. Communicate audit findings to management and identify opportunities for improvement in the design and effectiveness of key controls.
• Implement and execute an effective program of continuous monitoring for assigned areas, including monitoring of key metrics to identify control issues and adverse trends.
• Stay up to date with evolving industry and regulatory changes impacting the business.
• Performs other duties and responsibilities as assigned.
Knowledge, Skills, and Abilities
Knowledge of
• Audit practices and methodologies, including risk assessment internal control concepts.
• Awareness of financial institution risk management concepts, particularly as it pertains to model risk, liquidity / interest rate risk, enterprise risk, supplier risk, business continuity, and operational risk.
• Regulatory expectations for Large Financial Institutions (LFI), including Enhanced Prudential Standards (EPS) as well as SR 16-11, SR 23-4, and SR 11-7.
Skill in
• Project management, including executing audit planning, fieldwork, and reporting.
• Managing audit teams while developing talent.
• Interacting with and influencing senior leadership, including executive management.
• Managing against deadlines associated with an annual audit plan.
• Written and verbal communication.
Ability to
• Make sound decisions and exhibit initiative and intuitive thinking. Recognized as a role model.
• Demonstrate enthusiasm, self-motivation, and effectiveness under pressure and willingness to take personal risk and accountability.
• Multitask as well as assess and change priorities.
• Work well individually and in teams to share information, support colleagues, and encourage participation.
Educational/Previous Experience Requirements
Education/Previous Experience
• Bachelor’s Degree in Business Administration, Economics, Finance, Accounting or a related field and a minimum of five (5) years of experience in the financial services industry.
• OR ~
• Any equivalent combination of experience, education, and/or training approved by Human Resources.
Licenses/Certifications
• CIA, CRMA, or FRM Certification(s) preferred.
Knowledge, Skills, and Abilities
Knowledge of
• Audit practices and methodologies, including risk assessment internal control concepts.
• Awareness of financial institution risk management concepts, particularly as it pertains to model risk, liquidity / interest rate risk, enterprise risk, supplier risk, business continuity, and operational risk.
• Regulatory expectations for Large Financial Institutions (LFI), including Enhanced Prudential Standards (EPS) as well as SR 16-11, SR 23-4, and SR 11-7.
Skill in
• Project management, including executing audit planning, fieldwork, and reporting.
• Managing audit teams while developing talent.
• Interacting with and influencing senior leadership, including executive management.
• Managing against deadlines associated with an annual audit plan.
• Written and verbal communication.
Ability to
• Make sound decisions and exhibit initiative and intuitive thinking. Recognized as a role model.
• Demonstrate enthusiasm, self-motivation, and effectiveness under pressure and willingness to take personal risk and accountability.
• Multitask as well as assess and change priorities.
• Work well individually and in teams to share information, support colleagues, and encourage participation.
Educational/Previous Experience Requirements
Education/Previous Experience
• Bachelor’s Degree in Business Administration, Economics, Finance, Accounting or a related field and a minimum of five (5) years of experience in the financial services industry.
• OR ~
• Any equivalent combination of experience, education, and/or training approved by Human Resources.
Licenses/Certifications
• CIA, CRMA, or FRM Certification(s) preferred.
We expect our associates at all levels to:• Grow professionally and inspire others to do the same• Work with and through others to achieve desired outcomes• Make prompt, pragmatic choices and act with the client in mind• Take ownership and hold themselves and others accountable for delivering results that matter• Contribute to the continuous evolution of the firmAt Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:• Grow professionally and inspire others to do the same• Work with and through others to achieve desired outcomes• Make prompt, pragmatic choices and act with the client in mind• Take ownership and hold themselves and others accountable for delivering results that matter• Contribute to the continuous evolution of the firmAt Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.