07/12/2023

Address:

VIRTUAL(R)59 - HomeRes - ON - BMO

Audit, Risk & Compliance

The AIR MILES Reward Program is one of Canada’s most recognized loyalty programs, with over 10 million active collector accounts, representing more than half of all Canadian households. AIR MILES collectors earn Reward Miles at more than 300 leading Canadian, global and online brands and at thousands of retail and service locations across the country. AIR MILES is a wholly owned subsidiary of the Bank of Montreal (BMO). BMO is Canada’s oldest bank and the 8th largest in North America with more than 12 million customers globally.

Are you inquisitive – want to know how something works and why it works that way? In this interactive role you can obtain insights and perspectives from various departments of Air Miles.

Your team and responsibilities

As an Air Miles senior audit manager based in Toronto, you will have the opportunity to interact with business associates within the Air Miles business to learn about business strategy, operations, and how/why they do what they do. You will also impact the way the business thinks and operates, driving improvements and growth by identifying areas where the business can take on more risk.

• Be the face of Internal Audit in front of management. Build and maintain relationships with management and business associates through periodic touchbases
• Manage and Execute complex audit activities to analyze and evaluate the performance of the organization’s financial, operational, and managerial process systems to identify risks, areas for improvement, and to ensure that the organization complies with all relevant regulations, laws, and standards
• Collect, examine, analyze, and verify information about the organization’s systems and processes by reviewing manuals, policies, reports, financial statements, and other written materials, and by interviewing organizational members where required
• Prepare and Review audit work papers in compliance with Internal Audit policies and standards (Standards for the Professional Practice of Internal Auditing as prescribed by the Institute of Internal Auditors)
• Develop recommendations for changes to processes and systems that will minimize risk, improve performance and productivity, and communicate results directly to management
• Manage formal reporting process in order to communicate results of audits to management
• Manage tracking and reporting the status of audit projects to Internal Audit team leadership and management. Work to hold management accountable for remediation.
• Draft risk-based observations based on results of audit evidence analysis and defined criteria
• Prepare audit reports that accurately document the audit process and its findings
• Follow up on prior audit results and discuss progress to monitor and verify management’s remediation of observations
• Assess the risk and controls based on understanding of the operations/data analytics to define the scope of the audit and its impact on business effectiveness, efficiency, and reliability.
• Learn, obtain training, and develop skills to improve self and grow into other opportunities within Internal Audit or the business. May lead or co-lead a department committee to review and suggest continued enhancement to audit processes, training,
• Support the timely completion of audit plan and support Internal Audit objectives and targets
• Management - Train and develop seniors to plan, scope, and perform internal audits and risk assessments within established business process controls. Select, develop, and evaluate personnel to ensure the efficient operation of the function.
• Collaboration - Work with management in all areas to define the audit function as it relates to overall business activities. Manages the annual audit risk assessment and planning process. Review audit plan with key stakeholders annually and each quarter.

Requirements

What qualities do you bring?

• Bachelor's Degree (or higher) in Accounting, Finance OR Management Information Systems, Computer Science or related field
• 8+ years of audit experience in Finance OR Technology or 3+ years’ work experience in relevant business operations
• Proficiency with Microsoft Office (Word, Excel, Visio, PowerPoint) required
• Experience with Data Analytics tools (ACL, WinSQL, etc.) a plus
• Knowledge of accounting principles (IFRS, US GAAP) OR of Information Technology Frameworks (COBIT, ISO) and cloud services (AWS, Azure, etc.) experience a plus
• CA/CPA OR CISA/CISM/CISSP required, CIA preferred.
• Fluency in English (written and verbal) required;

Diversity, Equity and Inclusion

AIR MILES is for everyone. We are committed to our zero barriers to inclusion strategy – supporting equity, equal access to opportunities and growth for our colleagues, customers and communities facing systemic barriers. We believe inclusion is not only a strength but a competitive advantage for AIR MILES, and we focus on building a culture of inclusion that enables us to perform, innovate and be ourselves. If you are excited about the role, but don’t meet every single requirement outlined in the job description, we encourage you to apply anyway. You never know, you might just be the right candidate for this role, or others!

In your application, please feel free to advise if you require accommodation for the interview process. We also welcome you to note which pronouns you use. Please know interviews are conducted remotely, via phone or video call. We look forward to ‘virtually’ meeting you!

We’re here to help

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en .

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.