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Senior Internal Auditor

  • Toronto, ON, Canada

$85,000 to $100,000 CAD / year · Full-time

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Job details

Pay
$85,000 to $100,000 CAD / year
Job type
Full-time
Experience
At least 4 years of work experience specifically in areas of internal audit or risk consulting related domains.
Posting language
English
Posted

Original job description

Who We Are

Canada Guaranty is a privately held Canadian mortgage insurer, established in 2010 following the acquisition of AIG United Guaranty Mortgage Insurance Company Canada by the Ontario Teachers’ Pension Plan and National Mortgage Guaranty Holdings Inc.

As a proudly Canadian company, we are committed to service excellence and helping Canadians achieve successful, long-term homeownership. Our mortgage solutions help protect lenders and investors from losses related to borrower default and foreclosure while ensuring Canadians are provided with greater access to affordable and sustainable homeownership.

Canada Guaranty’s performance-driven culture thrives on accountability, collaboration, and supportive teamwork. If you’re a dedicated team player with a strong track record of excellence, we can’t wait to hear from you!

About The Opportunity

The Internal Audit team has the overall responsibility to strengthen Canada Guaranty’s ability to create, protect and sustain value through independent, risk-based, and objective assurance, advice, insight, and foresight. The position of Senior Internal Auditor offers a hybrid work structure with time spent in the Toronto office and in remote work environments.

The successful candidate will be responsible for supporting the execution of the annual audit plan in accordance with Institute of Internal Audit (IIA) Global Internal Audit Standards. This will include identifying, analyzing and assessing risk throughout Canada Guaranty to provide meaningful observations and recommendations.

In this role, you will:

  • Lead process walkthroughs to identify key controls and testing criteria.
  • Execute audit testing to assess the design adequacy and operational effectiveness of key controls under scope.
  • Identify observations and process improvements that address risks while improving the efficiency and effectiveness of business processes.
  • Support the Manager, Internal Audit in: 
    • Scoping and planning relevant audit and advisory engagements.
    • Presenting clear and actionable audit findings, offering solutions to address identified risks.
  • Monitoring corrective actions being implemented by Management.
  • Assist in the execution of internal strategic initiatives to increase operational efficiency in the internal audit function.
  • Support assurance and advisory engagements in accordance with the IIA Global Internal Audit Standards.
  • Build a strong working relationship with Canada Guaranty’s management team through providing useful, creditable, timely, business-relevant, and independent insights.
  • Stay updated on industry best practices and regulatory requirements to ensure engagements are relevant, comprehensive and timely.

Essential Qualifications

  • University degree in business administration, accounting, mathematics, or other relevant fields of study.
  • A CPA, CIA or other relevant risk management designations.
  • At least 4 years of work experience specifically in areas of internal audit or risk consulting related domains.
  • Interest in financial institutions and learning about regulatory frameworks and requirements.
  • Problem-solving skills with the ability to synthesize complex issues into simple terms while capturing the key components and tone.
  • A strong sense of personal ownership and commitment to quality delivery.
  • Strong interpersonal skills with a sense of humour.
  • An obsession about customer and stakeholder experience.

Preferred Qualifications

  • Work experience within financial institutions (e.g. bank, insurance, etc.) would be considered an asset.
  • Work experience leading execution of internal audits would be considered an asset.

What We Offer You

Canada Guaranty is proudly recognized by the Great Place to Work® Institute as one of the Best Workplaces™ in Canada – 100-999 Employees (2025, 2026). We are also honoured to be recognized as among the Best Workplaces™ in Financial Services & Insurance (2024, 2025, 2026), Best Workplaces™ in Ontario (2024, 2025), Best Workplaces™ for Mental Wellness (2025, 2026), Best Workplaces™ for Inclusion (2025, 2026), Best Workplaces™ for Women (2025, 2026), and Best Workplaces™ with the Most Trusted Executive Teams (2025, 2026). Join us and see why!

We offer a comprehensive total rewards package, including competitive compensation, company-matched retirement programs, health and dental coverage, flexible work options, and a friendly, inclusive, and supportive culture.

The salary range for this position ranges from $85,000 to $100,000. Offers are determined by a variety of factors, including job-related knowledge, skills, and experience, along with internal equity.

Accommodation Notice

Canada Guaranty is committed to fostering an equitable, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we serve and work alongside. Candidates may request accommodation at any point during the interview process.

We may leverage AI tools to assist us through our recruitment process. This posting is for an existing vacancy.

More about this job

Responsibilities

The Senior Internal Auditor will execute the annual audit plan by identifying and assessing risks while evaluating the effectiveness of key internal controls. They will also provide actionable recommendations to management and support strategic initiatives to improve operational efficiency within the audit function.

Requirements

Candidates must hold a university degree in a relevant field and possess a professional designation such as CPA or CIA. A minimum of 4 years of experience in internal audit or risk consulting is required, along with strong problem-solving and interpersonal skills.

Skills

  • Internal audit
  • Risk assessment
  • Control testing
  • Process improvement
  • Financial reporting
  • Regulatory compliance
  • Problem-solving
  • Stakeholder management
  • Audit planning
  • Data analysis
  • Communication
  • Financial services knowledge
  • Risk management
  • Strategic planning
  • Quality assurance

Benefits

  • Competitive compensation
  • Company-matched retirement programs
  • Health coverage
  • Dental coverage
  • Flexible work options

Visa sponsorship

Not detected in the job text

Categories

  • Finance & Accounting
  • Consulting
  • Management & Leadership

Keywords

  • Internal Audit
  • Risk Management
  • CPA
  • CIA
  • IIA Standards
  • Financial Services
  • Insurance
  • Regulatory Frameworks
  • Audit Testing
  • Process Walkthroughs
  • Compliance
  • Internal Controls
  • Operational Efficiency
  • Advisory Engagements
  • Stakeholder Experience
  • Mortgage Insurance
  • Strategic Initiatives
  • Audit Planning
  • Risk-based Auditing
  • Reporting

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