Associate Manager, Audit & Advisory Services

Associate Manager Audit & Advisory Services

Location: Toronto, Ontario / Boston, Massachusetts

Time Type: Full time

Posted: 2 Days Ago

Job Requisition ID: JR24051700

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.

Working Arrangement

Hybrid

Job Description

The primary focus of this position is to work on internal audits within the North America General Account Group and the Wealth and Asset Management Segment of Manulife Financial. The General Account Group handles investment portfolios related to the insurance business, and the Wealth and Asset Management segment manages third party assets (i.e. mutual funds, institutional client funds, separately managed accounts). Audits of these businesses cover a wide range of asset classes in both the public and private markets, including equity, fixed income, derivatives, commercial mortgages, timber and agriculture. The audits include portfolio management & trading (front office), investment operations, compliance and risk management.

The Associate Manager is accountable for completing assigned audit work of all types and the delivery of high quality, professional, efficient, value-added risk-based audit services. The Associate Manager works under the direction of the Audit Managers and the Director. The Associate Manager will be assigned responsibility to complete specific components of the audit project.

Responsibilities:

• Complete audit and advisory assignments in accordance with department methodology and Institute of Internal Audit (IIA) standards.
• Manage assignments within time budgets and target dates, reporting any timing problems or budget over-runs to the Audit Manager.
• Communicate/conduct interviews with management regarding the risks being managed by the business unit; assist in developing control objectives, “what could go wrong” statements and audit programs to evaluate these risks.
• Document controls to mitigate risks, write and execute audit procedures to test the design and operating effectiveness of these controls.
• Assist in presenting audit findings and recommendations to business unit management; resolve issues and reach agreement on appropriate solutions to mitigate the risk/impact.
• Prepare audit reports, including executive summary and rating of adequacy of control environments, making practical and value-added recommendations to improve controls and the efficiency & effectiveness of operations; audit reports are to be clear, concise and well-organized, and issued within departmental service standards.
• Follow up on open audit issues until resolved, as assigned.
• Provide on-the-job training and feedback to staff auditors assisting on assignments and contributing to their development.
• Assist business unit management by providing risk management consulting support, education and training.
• Complete assigned work required to support External Auditors.

What motivates you?

• You obsess about customers, listen, engage and act for their benefit.
• You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
• You thrive in teams and enjoy getting things done together.
• You take ownership and build solutions, focusing on what matters.
• You do what is right, work with integrity and speak up.
• You share your humanity, helping us build a diverse and inclusive work environment for everyone.

What we are looking for:

• Experience and good knowledge of investments and asset management business risks and processes is required.
• Knowledge of investment areas such as credit risk, hedge accounting, complex derivative instruments, private equity investments and/or investment valuations would be desirable.
• University degree is required.
• A recognized public accounting (CPA), internal auditing (CIA, CFSA), or investment management (CFA) designation is desirable.
• 3 plus years of financial services experience within internal/external audit, risk, compliance or equivalent financial services business experience.
• Demonstrated understanding of business processes and their risk implications, analyze situations, reach appropriate conclusions, and make value-added and practical recommendations.
• Demonstrated knowledge of audit methodologies, project management and system development methodologies, control frameworks and risk management practices, and regulatory requirements.
• Ability to effectively communicate ideas and recommendations orally and in writing, and to listen and consider ideas of others.
• Customer focus and commitment to quality.
• Results oriented; ability to balance multiple priorities and projects.
• Ability to deal effectively with staff and audit management.
• Good data analytical skills and understanding of Power BI is an asset.
• Leadership skills in achieving departmental, project and individual objectives.

What can we offer you?

• A competitive salary and benefits packages.
• A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
• A focus on growing your career path with us.
• Flexible work policies and strong work-life balance.
• Professional development and leadership opportunities.

Our commitment to you:

• Values-first culture: We lead with our Values every day and bring them to life together.
• Boundless opportunity: We create opportunities to learn and grow at every stage of your career.
• Continuous innovation: We invite you to help redefine the future of financial services.
• Delivering the promise of Diversity, Equity and Inclusion: We foster an inclusive workplace where everyone thrives.
• Championing Corporate Citizenship: We build a business that benefits all stakeholders and has a positive social and environmental impact.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals.

Salary & Benefits

The annual base salary for this role is listed below.

Primary Location

Toronto, Ontario

Salary range is expected to be between

$70,350.00 CAD - $117,250.00 CAD