- Complete audit and advisory assignments in accordance with department methodology and Institute of Internal Audit (IIA) standards.
- Manages assignments within time budgets and target dates, reporting any timing problems or budget over-runs to the Audit Manager.
- Communicates/conducts interviews with management regarding the risks being managed by business unit; and assists in developing control objectives, "what could go wrong" statements and audit programs to evaluate these risks.
- Documents controls to mitigate risks, writes and executes audit procedures to test the design and operating effectiveness of these controls.
- Assists in presenting audit findings and recommendations to business unit management; resolve issues and reach agreement on appropriate solutions to mitigate the risk/impact.
- Assists in preparing audit reports, including executive summary and rating of adequacy of control environments, making practical and value-added recommendations to improve controls and the efficiency & effectiveness of operations; audits reports are to be clear, concise and well-organized, and issued within departmental service standards.
- Follows up on open audit issues until resolved, as assigned.
- Provides on the job training and feedback to staff auditors assisting on assignments and contributing to their development.
- Assist business unit management by providing risk management consulting support, education and training.
- Complete assigned work required to support External Auditors.
- You obsess about customers, listen, engage and act for their benefit.
- You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
- You thrive in teams and enjoy getting things done together.
- You take ownership and build solutions, focusing on what matters.
- You do what is right, work with integrity and speak up.
- You share your humanity, helping us build a diverse and inclusive work environment for everyone.
- Experience and good knowledge of investments and asset management business risks and processes is required.
- Knowledge of investment areas such as credit risk, hedge accounting, complex derivative instruments, private equity investments and/or investment valuations would be desirable.
- University degree is required.
- A recognized public accounting (CPA), internal auditing (CIA, CFSA), or investment management (CFA) designation is desirable.
- 3 plus years of financial services experience within internal/external audit, risk, compliance or equivalent financial services business experience.
- Demonstrated understanding of business processes and their risk implications, analyze situations, reach appropriate conclusions, and make value-added and practical recommendations.
- Demonstrated knowledge of audit methodologies, project management and system development methodologies, control frameworks and risk management practices, and regulatory requirements.
- Ability to effectively communicate ideas and recommendations orally and in writing, and to listen and consider ideas of others.
- Customer focus and commitment to quality.
- Results oriented; ability to balance multiple priorities and projects.
- Ability to deal effectively with staff and audit management.
- Good data analytical skills and understanding of Power BI is an asset.
- Leadership skills in achieving departmental, project and individual objectives.
- A competitive salary and benefits packages.
- A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
- A focus on growing your career path with us.
- Flexible work policies and strong work-life balance.
- Professional development and leadership opportunities.
- Values-first culture
We lead with our Values every day and bring them to life together. - Boundless opportunity
We create opportunities to learn and grow at every stage of your career. - Continuous innovation
We invite you to help redefine the future of financial services. - Delivering the promise of Diversity, Equity and Inclusion
We foster an inclusive workplace where everyone thrives. - Championing Corporate Citizenship
We build a business that benefits all stakeholders and has a positive social and environmental impact.
Associate Manager, Audit and Advisory Services - Toronto, Canada - Company 1 - The Manufacturers Life Insurance Company
Description
Description
The primary focus of this position is to work on internal audits within the North America General Account Group and the Wealth and Asset Management Segment of Manulife Financial. The General Account Group manages investment portfolios related to the insurance business, and the Wealth and Asset Management segment manages third party assets (i.e. mutual funds, institutional client funds, separately managed accounts). Audits of these businesses cover a wide range of asset classes in both the public and private markets, including equity, fixed income, derivatives, commercial mortgages, timber and agriculture. The audits include portfolio management & trading (front office), investment operations, compliance and risk management.
The Associate Manager is accountable for completing assigned audit work of all types and the delivery of high quality, professional, cost-effective, value-added and risk-based audit services. The Associate Manager works under the direction of the Audit Managers and the Director. The Associate Manager will be assigned responsibility to complete specific components of the audit project.
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