Job Description

At , we strive to build value for the people who choose us every day: our people, our clients and our investors. We do this by holding true to the values that guide us. We put people first and build relationships with intention. We seek out and embrace new ideas, knowing that better is always possible. We believe that how we do things is as important as what we do. And we harness the power of inclusion. Our culture is who we are and how we show up - as individuals and as a team - to accomplish our strategy.

Roles Specifications

Everyday flexibility. Hybrid work environments. On-site requirements. Collaborative connections.

Location: Edmonton, AB. Toronto, ON.

CWB is a bank built for business owners

Canadian Western Bank (CWB) is the only full-service bank in Canada with a strategic focus to meet the unique financial needs of businesses and their owners. Our teams take a relationship-based approach to deliver a uniquely proactive client experience through highly personalized service, specialized expertise, customized solutions, and faster response times. We provide full-service business and personal banking, nation-wide specialized financing in targeted industries, comprehensive wealth management offerings, and trust services.

Our highly engaged teams operate within a client-centric, collaborative, and change-ready culture, with a core focus to achieve our vision to become the best full-service bank for business owners in Canada as we continue to transform our capabilities, united as one.

Inclusion has power.

Labels don\xe2\x80\x99t matter here. But your perspective does.

Bring you. All of you. Single parent. Ally. Rock climber. Indigenous community member. Film buff. Amputee. Nature photographer. Climate change activist.

The opportunity

The Internal Audit team is currently looking for a Manager, Corporate Internal Audit, who will play a critical role in supporting our continued transition to the Advanced Internal Ratings Based (AIR-B) approach and beyond. As a key member of the IA team, this role will be responsible for leading, managing and completing approved internal audits in accordance with the professional standards and departmental policies.

Reporting to the AVP, Corporate Internal Audit, this individual will actively contribute to the department\xe2\x80\x99s strategic plan and also provide assistance in preparing executive and Board reporting as well as drive continuous operational improvement.

Areas of focus

Audit Planning and Execution

Lead the planning, fieldwork and reporting for assigned audits of the CWBFG Corporate functions as per the risk-based audit plan, with oversight and guidance from the AVP and Sr. AVP, Corporate Internal Audit.

Take accountability for the delivery of assigned audits through effective monitoring and reporting of progress and status updates.

Ensure assigned audits are completed on time, within budget and in accordance with relevant professional standards and departmental policies.

Liaise with Management to ensure agreed-upon action plans to remediate identified audit issues are in place and assist the Sr. AVP, Corporate Internal Audit, in follow up and reporting of outstanding and overdue audit issues.

Contribute to continuous improvement of Internal Audit processes, streamlining of audit activities, increasing of efficiencies, and ensuring effective use of data analytics and other advanced tools and techniques as part of regular audits.

Assist in keeping internal policies, manuals and procedures up-to-date.

Keep abreast of and adhere to the IIA professional standards, and policies, manuals, and procedures of the Internal Audit department.

Lead and manage periodic project related audits for CWBFG\xe2\x80\x99s transformational initiatives, applicable to the Corporate Audit area under the guidance of the AVP and Sr. AVP, Corporate Audit.

Effective Relationship Management

Build and maintain effective working relationships with key collaborators across Corporate and control functions, as well as other internal audit teams.

Attend meetings with key Internal Audit stakeholders as part of audit planning, kick off and closures.

Maintain effective communication with stakeholders including appropriate handling of conflicts and issue resolution.

Coordinate post-audit client surveys and compile results to support client satisfaction assessments.

Keep key collaborators informed of the status of audits and potential audit issues throughout each audit.

Successful incumbent

Agile. Influential. Collaborative.

With thorough knowledge of capital calculations, credit risk models, model governance, data risk management, key enterprise risk concepts, and credit risk, the Manager, Corporate Internal Audit has an unrivalled approach to effective communication. They are known to be highly analytical and natural problem-solvers. This role requires a strong sense of ownership, high ethical standards with demonstrated integrity and tact.

The successful candidate will be instrumental in supporting the Bank in sustainment as the Third Line of Defense going forward. They also have the ability to quickly understand the risks associated with business processes and products and can formulate practical audit procedures to adequately monitor new emerging risks.

Core knowledge requirements

Undergraduate degree, preferably in an accounting / business / finance or related field.

Professional accounting or Internal Audit designation or certification (e.g. CPA, CIA, CISA).

Good knowledge of OSFI (including capital requirements for A-IRB Bank), FINTRAC, CDIC, FCAC and experience auditing compliance with legislative requirements and regulatory guidance.

Strong knowledge of the Institute of Internal Auditors\' International Standards for the Professional Practice of Internal Auditing.

Working knowledge of Microsoft Suite, and data analytics tools such as Power BI.

In-depth knowledge of financial services industry is preferred with respect to Regulatory Compliance, Risk Management, Treasury, Finance, Capital Management, and Model Governance.

Demonstrated experience

Minimum of 6-7 years of progressive experience in Internal and/or External Audit within the financial industry.

Demonstrated experience managing internal audits and supervising and mentoring team members.

Working experience with testing of key controls is required.

Ability to manage multiple complex engagements simultaneously, and to prioritize work and efforts of team effectively.

Demonstrated willingness to keep abreast of current industry, regulatory and organizational developments and learn and grow professionally.

Why work with us?

Your success is our obsession! And our benefits back it up.

Wellness matters. We offer an award-winning benefits package that includes hybrid work environments, everyday flexibility, 100% company-funded health coverage, health care spending account, a flexible wellness program & generous time-away options to unplug, rest & recover. Bring your whole self to work. Inclusion is a journey requiring practice & experience to result in a powerful outcome. Your perspective matters & voice will be heard. Find community within the CWB family in our employee represented groups. Career development. We commit to our employees\xe2\x80\x99 development and help them reach their professional goals with organization wide coaching services, mentorship, education support & training programs. Strategic career design is an investment in our core asset \xe2\x80\x93 our people. Innovation. Learn. Grow. Enhance. At CWB, we play to win. When we fail, we fail forward. Recognition. Peer-to-peer recognition programs for \xe2\x80\x9cin the moment\xe2\x80\x9d and monumental wins. Community giving. Make a difference. Drive economic prosperity in your community. Get involved. Volunteer. Fundraise. All with CWB support. ESG & sustainability focused. Be proud of where you spend, work & invest. Financial rewards. Base salary & pay for performance incentives. Retirement investment strategy. You can\xe2\x80\x99t work forever! So, we\xe2\x80\x99ve got you covered. Company ownership. No greater sense of motivation & empowerment than being an owner.

Find your at www.CWBcareers.com

#LI-AI1

As an equitable employer, CWB Financial Group is committed to providing a safe and where a diverse workforce thrives. You are welcomed and encouraged to bring your whole self to work. Dignity, respect and equality are non-negotiables. If you require during any part of the recruitment or selection process, please reach out.

Closing Date:

• Position closes at 12:01am on the close date identified below. 07/10/2023

Canadian Western Bank