Senior Internal Audit Manager

Audit Toronto, Ontario


Senior Internal Audit Manager

Toronto, Canada

About Citco

Citco is a global leader in fund services, corporate governance and related asset services with staff across 50 office locations worldwide. With more than $1.8 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.

For more information about Citco, please visit

About the Team & Business Line:

Citco Group provides services to our Citco Group of Companies and helps business to succeed in client service excellence.

As a valuable member of our Global Internal Audit (GIA) team, you will assist in managing the risk based audit plan so that (1) audit work fulfills its purposes; (2) resources are efficiently and effectively employed; and (3) audit work con­forms with internal standards and the Standards for the Professional Practice of Internal Auditing. On top of that, you will work with business Management to further improve the control environment and to engage with the Management team in a collaborative manner. You will develop, manage and direct the GIA staff members of your  team to achieve the tasks and objectives set out as part of the audit plan , and work with the other Senior managers, Assistant Business Partners and Business Partners within GIA to cover the Citco Group audit universe in an effective and efficient manner.

Your Role:

  • You will oversee the North American based audits (USA, Canada and Caribbean);
  • You will report directly to GIA Business Partner and keeps the BP up-to-date with emerging issues, audit progress and resourcing information;
  • You will foster risk and control awareness across the organization by working with management and second line of defense functions;  
  • You will drive a risk focused approach to the audit process and related reporting and will be able to integrate data analytics into the audit approach;
  • You will coordinates communication of risk themes through the quarterly reporting process and management meetings;
  • You will makes sure local audit plans adhere to regulatory requirements/expectations;
  • You will be primarily responsible for execution of the annual risk based audit plan including ongoing evaluation of plan based on emerging risks;
  • You will be responsible for dynamic assessment of risks for business/function and proposing updates to the plan;
  • You will set involvement and responsibilities of auditors within the team and takes ownership of the reporting process;
  • You will work with clients and second line of defense functions to identify, risk assess and formulate plans of action driven by changes in business, risk profile and regulatory environments. Escalates relevant information within GIA and with divisional/functional/local stakeholders;
  • You will manage audits including responsibility for workpaper review, identification of risks/audit issues, report preparation, and escalation of relevant matters identified in the audit process to management and GIA management;
  • You will be responsible for escalation of high risk issues and Level 3 reports to BPs and the Head of GIA;
  • You will act as a GIA relationship manager and secondary point of contact for senior business/functional management. Results of relationship management meetings, committee meetings, management information to be shared promptly with relevant BPs;
  • You will maintain expertise and pursue training to keep abreast of new and proposed developments in the Auditing field and consider the impact on the company through various industry organizations including the IIA;
  • You will provide direction, guidance and motivation to staff including goal setting and appraisals. 

About You:

  • You are degree qualified and have relevant auditor qualification (e.g. CPA, CIA, or CA);
  • You have at least 7-10 years of relevant Audit experience, with at least 5 of them being spent in a similar internal audit position, preferably in a financial institution / Big 4;
  • You have some work experience / knowledge of hedge fund administration;
  • You have proven track record in managing a team in a global setting;
  • Hands-on experience of automated internal audit applications/tools is an advantage (TeamMate, ACL, Power BI). In addition to automated internal audit applications, proficiency with Word, Excel, PowerPoint and Visio is expected;
  • You display knowledge of modern internal audit best practice and methods, and are capable of understanding the applications of a range of audit techniques;
  • You pride yourself in being a ‘team player’ who can work well within the GIA function and also collaborate successfully with other GIA managers and risk/control support functions to deliver a quality service;
  • You are a pro-active person with good project management and organisational skills;
  • You are an excellent communicator with strong interpersonal skills;
  • You are reliable and prepared to undertake domestic and international travel.

Our Benefits

Your well being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.

We recognize diversity as a source of organizational pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.