About the Company
Our client is in the insurance industry. They are looking for a AVP, Internal Audit to join their team!
Why Work Here
- Broad ownership: The role leads operations and enterprise audits, and covers subsidiaries, and helps shape the audit plan and processes.
- Senior-level exposure: The AVP reports to the Chief Internal Auditor and works with Senior Execs, while supporting materials for board reporting.
- Opportunity to grow and improve the function: The team is building dashboards and evolving its audit processes, giving the new hire a chance to bring ideas
- Development and international scope: offers a training budget, will support a CIA designation if needed, and the role typically includes travel to the UK
About the Opportunity
- Lead and oversee a broad portfolio of internal audit, risk, compliance, and operational review activities across multiple business areas and jurisdictions.
- Support the development and execution of the annual internal audit strategy and plan, aligned with organizational priorities, risks, and regulatory requirements.
- Provide oversight and quality assurance across audit engagements, including planning, risk assessment, data analytics, reporting, and follow-up activities.
- Partner with Senior Leadership and key stakeholders to identify emerging risks, strengthen internal controls, and provide practical recommendations that enhance business performance and governance.
- Prepare and present audit insights, trends, and recommendations to senior management and governance committees as appropriate.
- Lead, coach, and develop the Internal Audit team, fostering a culture of collaboration, continuous improvement, and professional development.
- Promote the use of data analytics, technology, and innovative audit practices to enhance the effectiveness and efficiency of the Internal Audit function.
- Maintain and enhance Internal Audit methodologies, frameworks, policies, and procedures in alignment with professional standards and leading practices.
- Develop strong working relationships across the organization and participate in strategic initiatives, projects, and committees where Internal Audit expertise is required.
- Support special reviews, investigations, advisory assignments, and other strategic initiatives as required.
- Perform other related responsibilities and special projects in support of the Internal Audit function.
About You
- Minimum university degree or community college diploma in accounting, finance or business
- Professional designation e.g. CPA (CA, CGA, CMA), CIA or equivalent
- Minimum 10 years’ experience in external and/or internal auditing in the financial services industry (insurance and/or asset management preferred). This experience should include risk-based audit planning, execution, file completion, reporting and supervision/management of audit staff.
- Familiarity with the Institute of Internal Auditors (IIA) International Standards of Practice and must be considering or be in the process of pursuing a CIA designation
- Strong understanding of regulatory and risk environments across North America and the United Kingdom.
- Excellent written and verbal communication skills, with strong audit report writing capabilities.
- Strong risk assessment, analytical, negotiation, planning, and project management skills.
- Demonstrated leadership, coaching, interpersonal, and talent development capabilities.
- Experience with IT auditing, data analytics, and/or life insurance is an asset.
- Professional designations such as CISA, FLMI, or LOMA are considered an asset.
- Willingness and ability to travel internationally, including Canada, the US, and the UK, as required (up to approximately 30%).
- Valid passport and ability to travel to applicable jurisdictions.
Salary Range
$150,000 - $190,000 / year
How to Apply
When referencing this job, quote #306012
This position for employment is for a current vacancy with Vaco/Highspring’s client. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.
Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.
