Audit Manager Credit

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Under the direction of the U.S. Audit Director the Audit Manager is accountable to support the Enterprise in maintaining effective management processes and system of internal control through the independent of audits covering designated U.S. P&C and North American commercial and/or retail lending segments and Corporate Support Areas. Audits will broadly include the risk review of individual loans or credit portfolios and assessment of the effectiveness of the design and of credit and governance processes and their related compliance with governing Bank policy and regulatory guidelines. The ideal candidate will be credit qualified have 5 years audit experience or related credit experience.

Conducts audit engagements to critically assess management and internal control processes approving the nature extent and timing of the audit its and the formulation of insightful audit reports. Reports on audits to provide clear concise and memorable insights on issues and potential issues to assist management in fulfilling mandates. This work provides vital assurance to the Board of Directors and senior management on the quality of internal control systems and reduces the risk of loss and reputational damage to the Company. This work is instrumental in identifying unacceptable/high risk circumstances that could lead to material impact on profitability or reputation. Provides independent assurance on the quality and effectiveness of internal control risk management and governance systems and processes to support senior management and the Board in protecting BMO and its reputation.

• Acts as a trusted advisor to assigned business/group.
• Influences and negotiates to achieve business objectives.
• Identifies emerging issues and trends to inform decisionmaking.
• Provides critical input to Chief Auditor/Assistant Chief Auditor on the practical aspects of the audit and its .
• Helps to develop annual audit plan.
• Provides input into Corporate Audit processes identifying opportunities to simplify.
• Executes audits in full recognition of the risks of the group that encompass the inherent risks control risks and internal/external environment and regulatory risks. This may encompass individual audits and broader capstone audits of Enterprise level functions/processes.
• Conducts advisory engagements and other engagements as required.
• Determines impact of changing strategies tactics risks and initiatives on audit advisory and investigative services.
• Identifies and evaluates the impact of new and emerging technology and technology risk on the organizations processes and control environment.
• Utilizes data analytics in advisory engagements to improve quality and efficiencies.
• Develops an awareness of business strategies policies and standards providing meaningful insights based upon knowledge and research which will continue to improve the Enterprise management and control processes.
• Maintains the independence of the audit practice and its personnel.
• Develops insightful discussion points contributing to audit reports that provides fair and balanced assessment of governance risk and control processes based on audit work performed. Deliverables must be objective clear concise and timely.
• Identifies control deficiencies and provides a fair and balanced assessment of their magnitude.
• Maintains working knowledge of the industry regulatory broad economic environment and internal environment as to the development of new strategies and plans opportunities and risk to obtain an understanding of the control environment.
• Ensures that all audit procedures executed are conducted in accordance to Corporate Audit Methodology as confirmed by its Quality Assurance program and/or regulatory examination results.
• Applies sound judgement in the of the assigned work and ensures open lines of communication.
• Develops and maintains good working relations with key stakeholders.
• Actively monitors change management initiatives and identifies potential risks.
• Actively participates and supports Corporate Audit change initiatives.
• Maintains and enhances professional audit qualifications in line with industry standards.
• Focus is primarily on business/group within BMO; may have broader enterprisewide focus.
• Provides specialized consulting analytical and technical support.
• Exercises judgment to identify diagnose and solve problems within given rules.
• Works independently and regularly handles nonroutine situations.
• Broader work or accountabilities may be assigned as needed.

  Qualifications:

• Credit Qualification for personal loans (commercial loans is desirable but not required).

• Typically between 5 years of relevant personal loan experience and postsecondary degree in related field of study or an equivalent combination of education and experience. Commercial loan exprience would be a bonus.
• Professional designations or business designation such as CIA CPAAudit.
• Deep knowledge and technical proficiency gained through extensive education and business experience.
• Verbal & written communication skills Indepth.
• Collaboration & team skills Indepth.
• Analytical and problem solving skills Indepth.
• Influence skills Indepth.
• Data driven decision making Indepth.

Salary:

Pay Type:

The above represents BMO Financial Groups pay range and type.

Salaries will vary based on factors such as location skills experience education and qualifications for the role and may include a commission structure. Salaries for parttime roles will be prorated based on number of hours regularly worked. For commission roles the salary listed above represents BMO Financial Groups expected target for the first year in this position.

BMO Financial Groups total compensation package will vary based on the pay type of the position and may include performancebased incentives discretionary bonuses as well as other perks and rewards. BMO also offers health insurance tuition reimbursement accident and life insurance and retirement savings plans. To view more details of our benefits please visit: Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting positive change for our customers our communities and our people. By working together innovating and pushing boundaries we transform lives and businesses and power economic growth around the world.

As a member of the BMO team you are valued respected and heard and you have more ways to grow and make an impact. We strive to help you make an impact from day one for yourself and our customers. Well support you with the tools and resources you need to reach new milestones as you help our customers reach theirs. From indepth training and coaching to manager support and networkbuilding opportunities well help you gain valuable experience and broaden your skillset.

To find out more visit us at is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race religion color national origin sex (including pregnancy childbirth or related medical conditions) sexual orientation gender identity gender expression transgender status sexual stereotypes age status as a protected veteran status as an individual with a disability or any other legally protected characteristics. We also consider applicants with criminal histories consistent with applicable federal state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process please send an email to and let us know the nature of your request and your contact information.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO directly or indirectly will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid written and fully executed agency agreement contract for service to submit resumes.