Director, Project Audit
Director, Project Audit
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$ 115200 - 214200
1 Vacancy
Job Description
Application Deadline:
Address:
790 N Water StreetJob Family Group:
Audit Risk & ComplianceThe Project Audits team provides an assurance service to senior management providing an independent assessment of the internal project controls used to manage delivery. These controls include but not limited to Program/Project Management Life Cycle (PMLC) Software Development Life Cycle (SDLC) Change Management and Testing processes. These projects are typically strategic initiatives that are large complex and have significant organizational or regulatory risks. This team provides assurance that existing controls are satisfactory or report on control gaps that require corrective action. The recommendations will help management apply corrective actions to improve the outcome of the initiative; and help management achieve project objectives.
The ideal candidate has people management financial services and project audit experience. You will report on audits to provide clear concise and memorable insights on issues and potential issues to assist management in fulfilling mandates. The team 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.
- Fosters a culture aligned to BMO purpose values and strategy and role models BMO values and behaviors in all that they do.
- Ensures alignment between values and behavior that fosters diversity and inclusion.
- Regularly connects work to BMOs purpose sets inspirational goals defines clear expected outcomes and ensures clear accountability for follow through.
- Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
- Attracts retains and enables the career development of top talent.
- Improves team performance recognizes and rewards performance coaches employees supports their development and manages poor performance.
- Acts as trusted resource providing advice to executive leaders of business/group on risk governance and internal controls.
- Provides advice to executive leaders on risk governance and controls relating to strategy and new initiatives based on an indepth understanding of the business/group.
- Meets regularly with business/group stakeholders to identify changing strategies tactics and initiatives across the business/group and evaluate changes to the nature and extent of risk environment.
- Networks with industry contacts to share gather competitive insights and best practices.
- May advise or serve on various committees and task forces.
- Recommends business priorities advises on resource requirements and develops roadmap for strategic execution.
- Acts as the prime contact for external stakeholder relationships which may includes regulators.
- Monitors and tracks performance and resolves any issues.
- Collaborates across BMO to develop communications strategies and ensure consistency of messaging in order to positively influence or change behavior.
- Leads change management programs of varying scope and type including readiness assessments planning stakeholder management execution evaluation and sustainment of initiatives.
- Ensures that all audits for which the role is responsible are conducted effectively and efficiently to the high standards set out by the Corporate Audit outcomes of which are confirmed through the Audits Quality Assurance Program and/or regulatory examination results.
- Ensures Corporate Audit KPIs are met.
- Motivates continued high performance by enhancing and executing Corporate Audit People Strategy including skill transformation and career development.
- Enhances Competency SelfAssessment and Individual Development Plan view of skills and knowledge.
- Recommends modifications to division training to address real time and evolving needs identified through self assessments QA reviews emerging trends and regulatory expectations.
- Recommends changes as needed to team structure succession planning to enable effective completion of overall Corporate Audit mandate.
- 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 execution 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.
- Operates at a group/enterprisewide level and serves as a senior specialist resource across BMO.
- Influences how teams/groups work together.
- Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to multiple interdependent complex problems.
- Communicates abstract concepts in simple terms.
- Fosters strong internal and external networks and works with and across multiple teams to achieve business objectives.
- Anticipates trends and responds by implementing appropriate changes.
- Broader work or accountabilities may be assigned as needed.
Qualifications:
- Typically 9 years of relevant audit experience and postsecondary degree in related field of study or an equivalent combination of education and experience.
- Professional designations or business designation such as CIA PMP CISA.
- Seasoned expert with extensive banking or financial services industry knowledge.
- Technical leader viewed as a thought leader for innovation.
- Verbal & written communication skills Expert.
- Analytical and problem solving skills Expert.
- Influence skills Expert.
- Collaboration & team skills; with a focus on crossgroup collaboration Expert.
- Able to manage ambiguity.
- Data driven decision making Expert.
*This is a hybrid role requiring at least 2 days in the office.
*Salary is posted for primary location but will flex based on location.
* Project Audit Experience required
Salary:
$115200.00 $214200.00Pay Type:
SalariedThe 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.
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.
Required Experience:
Director
Employment Type
Full-Time
