Director, Internal Audit

WHO WE ARE HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio.
As the only bank solely dedicated to serving homeowners 55 and up, we're passionate about helping Canadian homeowners live retirement on their terms.
We live that commitment every day, with a range of reverse mortgage solutions that include our flagship CHIP Reverse Mortgage™ product.
OUR VALUES, OUR PASSION At HomeEquity Bank, our values drive and inspire our actions with our customers, our partners and each other.
Customer-Focused.
Passionate Advocates Courage to Act.
Do the Right Thing One Team.
One Vision Think Long-Term.
Ever-Evolving Be Exceptional.
Inspire Greatness

POSITION SUMMARYReporting to the Vice President, Chief Internal Auditor, the Director, Internal Audit will be responsible for overseeing audit engagements to provide assurance over the governance and control environment of the Bank.
This leader plays a critical part in achieving Internal Audit's objectives as well as to drive value across the organization including developing and executing Audit strategic changes, ensuring audit activities meet Internal Audit standards and regulatory requirements, developing of the annual plan, developing and supporting Audit level reporting to the Audit Committee of the Board and managing relationships with stakeholders across the Bank.
The candidate should have demonstrated the ability to influence management, build strong trusted relationships and drive change designed to mitigate risk.
MAJOR ELEMENTS OF THE ROLEKey accountabilities of this position include:
Leading/managing a team internal audit professionals for timely execution of the annual Internal Audit plan while dynamically adapting to a changing environment.
Review and challenge audit documentation to ensure it meets the objectives and compliance with Internal Audit methodology.
Partner with management to identify and anticipate the impact of a changing environment and effectively develop audit strategies to address risks.
Evaluate current audit approached and practices for continuous improvement to drive efficiency, effectiveness and the audit experience.
Develop relationships with management and be a Trusted Advisor and provide timely and relevant advice.
Support with regulatory requests.
Support the preparation of Audit Committee reporting and annual plan.
Keep abreast of regulatory and industry developments as well as emerging risks.
Work collaboratively with and assesses the effectiveness of key risk management strategies with 1st and 2nd Lines of Defense.SKILLS AND EXPERIENCE REQUIREDDemonstrated progressive experience in Audit or Risk Management.
A professional designation or certification (CPA, CIA, MBA) is considered an asset.
Strong understanding of the financial services industry and Canadian Personal Banking.
Retail credit experience is considered an asset.
Knowledge of the Canadian regulatory system, specifically knowledge of FCAC, OSFI and FINTRAC laws and regulations applicable to the Bank.
Excellent communication and stakeholder management skills, with a demonstrated ability to build consensus and drive collaboration across diverse stakeholder groups.Strategic thinker with a deep understanding of Internal Audit capable of delivering meaningful insights to the business in a dynamically changing environment.Results driven, highly organized and comfortable working in a fast-paced environment.
High degree of curiosity to challenge assumptions and draw conclusions or make recommendations that may involve significant risk or ambiguity.Previous experience working with executive teams.
Ability to work effectively in a team environment across all levels.
Working Conditions Unique to Job:
Hybrid office environment WHY WORK AT HOMEEQUITY BANK? Great Environment HomeEquity Bank offers a hybrid working environment supported with a culture of flexibility - an approach that is unique to each person, and that enables both business and individual needs to be met in a mutually beneficial way.
We pride ourselves in recognizing and celebrating performance, community service, teamwork, and diversity among our employees.
A Dynamic Culture - With People at the Centre We believe our people make all the difference; our tireless commitment to inclusivity, professional development, and employee experience has been recognized through awards including the Greater Toronto's Top Employers 2024,Waterstone Canada's Most Admired Corporate Cultures 2022-2023, the Globe and Mail's Report on Business:
Canada's Top Growing Companies 2022 (third year since 2019), Canadian's Mortgage Professional (CMP) Top Mortgage Employer 2023 for the third year in a row and Achievers Top 50 Most Engaged Workplaces 2023.
Growth and OpportunitiesWe provide challenging and rewarding careers in a wide variety of fields.
We continuously develop and train our employees through professional growth opportunities and on-the-job training.
We also encourage our employees to develop professionally and personally though a series of career developing programs including our Educational Assistance Program, designed to reimburse costs related to professional learning and development.
Celebrating Great Work and People We believe in an environment that celebrates success, knowledge, leadership, and work that is inspired by our core values.
For these reasons, we have created several programs that make it easy for our employees to say 'great job' to their colleagues and leaders.
From our Appreciate! Program to the High Five Award Program and President's Award Program, we recognize professional achievement with a variety of rewards including points towards gift cards, merchandise, and travel experiences, as well as group RRSP/DPSP contributions and more.
Our Community Leadership Program recognizes employees who make a positive impact in their communities through volunteer work with a grant for their charity of choice.
Additionally, we provide employees with one paid day off each year to volunteer at their favourite local charity.
The Perks HomeEquity Bank offers a competitive total rewards package that includes:
Extended health and dental benefits Employee & Family Assistance Program Employer-Matched Group Retirement Savings Plan Employee Share Investment Plan Well-being initiatives including:
a wellness account; virtual self-care programs and extended mental health benefits Employee corporate discount for GoodLife Fitness HomeEquity Bank is committed to an inclusive, equitable and accessible workplace.
Accommodations are available on request for candidates taking part in all aspects of the selection process.
To request accommodation, please contact your recruiter.
Please note that our successful candidate is required to complete a background check.Stay in the Know Find out what we're up to online, and learn more about what makes HomeEquity Bank a great place to work:
LinkedIn Youtube Facebook Twitter Instagram Chip.ca Join Us! If you're ready to build the future of reverse mortgages, we want to hear from you.Other details

Job Family Non-sales

Pay Type Salary