AVP - Internal Audit & Data Analytics - BFS/Financial Firm - CA

Roles & Responsibilities

The Internal Audit Data & Analytics Lead within Internal Audit and Advisory will perform complex data research and analysis to support internal audits by designing and executing on data and analytic regarding audit procedures including creating processes, reporting, and data analysis methodologies to identify trends in large data sets. The Lead prepares analytics to summarize audit results to inform decision making and evaluation of audit conclusions. In addition, the position focuses on providing thought leadership and technical expertise across multiple disciplines to internal audit stakeholders and is recognized internally as "the go-to person" for the most complex data & analytics assignments. Lastly, the Lead executes day to day tasks from drafting data requests, designing code and analytics outputs and visualizations, and drafting internal audit reports. Additionally, this position includes ownership of the following activities.

- Actively networks and manages critical relationships with our business stakeholders to identify opportunities that would drive audit coverage and value by enhancing the control environment through the use of automation.

- Plans, or assists in planning, the scope of the audit and the audit program.

- Leads walkthrough meetings and data and analytics test-work execution.

- Establishes and drives innovative analytical audit processes leveraging technology to maximize benefits from traditional audits and replace manually intensive control testing

- Documents process steps for audit traceability.

- Analyzes large complex data sets, identify anomalies/trends/risks, and provide usable business insights.

- Serves as a starting point of escalation for issues requiring a higher degree of expertise or discretion to resolve and ensure timely resolution.

- Assists in the development of the annual audit plan and preparation and support Concurrent Audit Strategy and Framework of the corporation for the purpose of evaluating the design and operating effectiveness over established policies and procedures.

- Identify critical areas for continuous monitoring, both from a Concurrent Audit perspective, and develop the necessary reports for monitoring.

- Prepares other ad-hoc reports and assists in special projects as required or requested by supervisor

- Prior to and during each audit, become familiar with the business processes and be able to articulate the audit objectives and purpose of work performed. Based on established audit scope and objectives, identify and document the key control objectives and develop the necessary audit test procedures at the direction of IAA management. Lead opening meetings with process owners over routine audits.

- Possess excellent time management skills; plan workload appropriately and demonstrate the ability to manage multiple assessments simultaneously

- Confidently lead meetings to discuss audit issues with finance management, ensuring their understanding of associated risks, root causes, and the actions needed to remediate

- Review written draft audit reports for routine audits on the adequacy and effectiveness of controls evaluated; clearly articulate and provide context on any issues identified during closing meetings with management

- Take ownership of the assigned tasks and interact with other IAA members in working towards Departmental goals

CA Final Mandatory