Director, Internal Audit - IT Services and Corporate Services

Director, Internal Audit - IT Services and Corporate Services

The Bank of Canada has a vision to be a leading central bank—dynamic, engaged and trusted—committed to a better Canada. No other employer in the country offers you the unique opportunity to work at the very center of Canada’s economy, in an organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in our environment.

Building on the principles that have always guided us – excellence, integrity and respect – we strive to be forward-looking and innovative, to welcome people with diverse perspectives and talents, and to earn trust by living up to our commitments and by clearly explaining the intent of our policies and actions.

With our defined-benefit pension plan, benefits, and high flexibility for work life balance - find out more about why we are annually ranked as one of Canada's top employers.

What you will do:

• As a member of Audit’s leadership team, you will be a recognized expert in governance, risk, and controls for the Information Technology Services and Corporate Services portfolios.
• Develop and maintain relationships with business unit management to identify assurance and advisory needs for your clients, prioritize and resource engagements accordingly, and lead a team of auditors.
• Support the development of risk-based audit plans and manage the day-to-day execution of audit activities.
• Be accountable for all aspects of each audit, from planning to reporting.
• Nurture a positive organizational climate, collaboration across teams, and the advancement of work environment initiatives.
• Support training and development planning for the team.
• Allocate resources to advance Audit’s quality assurance and improvement program.
• Contribute to the strategic direction of the Audit function and lead tactical and operational plans.
• Manage client relationships with all levels of management.
• Lead the identification of issues requiring escalation for consultation/action.
• Represent Audit on initiatives or governance bodies related to assigned business units.
• Analyse themes, trends, and other patterns related to audit and advisory activity outcomes.

What you need to succeed:

• Broad knowledge of IT systems and infrastructures including cloud, on-premises, and hybrid models.
• Understanding of key IT concepts and architectures, as well as operating and supporting processes.
• Demonstrated strategic foresight and influencing skills.
• Leadership/management experience of a diverse range of professionals.
• Excellent communication skills – both verbal and written.
• Ability to lead initiatives from the idea stage through to implementation.
• Knowledge of governance, risk management and control frameworks.

Nice-to-have:

• Understanding of the Bank’s functions, governance and administrative framework.
• Knowledge of emerging areas such as third party risk management, cloud security, and data governance.
• In-depth knowledge of information systems and/or business control end-to-end auditing processes.
• Experience in presenting to and/or working with senior management.

Your education and experience:

This position requires a university degree in business, computer science or engineering with a minimum of seven years of direct work experience in auditing or providing advisory services. An equivalent combination of education and experience may be considered.

It also requires a professional accreditation in one or more of the following disciplines focused on IT/security auditing, risk management or controls.

What you need to know:

• Language requirement: English and French essential (bilingual).
• Priority will be given to Canadian citizens and permanent residents.
• Security level required: Be eligible to obtain Secret.
• Relocation assistance may be provided, if required.

Hybrid Work Model:

The Bank offers work arrangements that provide employees with flexibility. Most employees can telework from home for a substantial part of each month and are expected on site at the Bank location a minimum of eight days per month.

What you can expect from us:

• Competitive compensation and benefits package.
• Salaries typically range from $147,752 to $173,825 (job grade 19).
• Flexible and comprehensive benefits.
• Extra vacation days (up to five each year).

We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted.