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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
Apply by
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

Support the annual risk-based audit plan by planning and conducting assurance and advisory engagements, leading process walkthroughs, and testing the design and operational effectiveness of key controls. Identify risks and process improvements, communicate actionable findings, monitor management’s corrective actions, and contribute to internal audit initiatives and stakeholder relationships.

Requirements

Requires a relevant university degree, a CPA, CIA, or other relevant risk management designation, and at least four years of experience in internal audit or risk consulting. Candidates should demonstrate strong problem-solving, communication, interpersonal, ownership, and quality-delivery skills, with an interest in financial institutions and regulatory frameworks; financial-sector and audit-leadership experience are assets.

Skills

  • Internal Auditing
  • Risk Assessment
  • Audit Planning
  • Process Walkthroughs
  • Internal Controls
  • Audit Testing
  • Control Design And Effectiveness
  • Process Improvement
  • Audit Reporting
  • Corrective Action Monitoring
  • Advisory Engagements
  • Regulatory Compliance
  • Problem Solving
  • Communication
  • Operational Efficiency

Benefits

  • Competitive Compensation
  • Company-Matched Retirement Programs
  • Health Coverage
  • Dental Coverage
  • Flexible Work Options
  • Friendly, Inclusive, And Supportive Culture

Visa sponsorship

Not detected in the job text

Categories

  • Finance & Accounting
  • Management & Leadership

Keywords

  • Internal Audit
  • Risk-Based Auditing
  • IIA Global Internal Audit Standards
  • Assurance Engagements
  • Advisory Engagements
  • Audit Plan
  • Risk Assessment
  • Process Walkthroughs
  • Key Controls
  • Control Design Adequacy
  • Operational Effectiveness
  • Audit Testing
  • Audit Findings
  • Corrective Actions
  • Process Improvement
  • Regulatory Requirements
  • Financial Institutions
  • Mortgage Insurance
  • CPA
  • CIA
  • Risk Management
  • Management Reporting
  • Operational Efficiency

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