Manager, Controls Testing and Compliance Risk Management

Deloitte Canada; Toronto; Hybrid; CAD 84,000 - 173,000; Full time

Job summary

An established industry player is seeking a Manager for Controls Testing and Compliance Risk Management. In this pivotal role, you'll lead a team in evaluating internal controls and risk management processes, develop testing plans, and provide insights on best practices for compliance. You'll collaborate with clients to enhance their business processes and mentor junior team members. With a competitive salary and a commitment to diversity and inclusion, this opportunity offers a dynamic environment where your contributions will help shape the future of regulatory risk management in the financial services industry.

Benefits

Bonus Program

Competitive Base Salary

Personal Wellness Initiatives

Professional Development Opportunities

Qualifications

• 3-5 years of experience in controls testing compliance or risk management.
• Strong understanding of internal control frameworks and regulatory requirements.

Responsibilities

• Lead controls design and documentation, overseeing compliance assessments.
• Prepare reports for senior management, summarizing findings and recommendations.

Skills

Analytical Skills

Problem-Solving

Communication Skills

Project Management

Client Service

Education

Bachelor’s degree in Accounting

Bachelor’s degree in Finance

Bachelor’s degree in Business Administration

Relevant certification (e.g., CPA, CIA, CISA)

Tools

Audit Software Tools

Data Analytics Tools

Job description

Manager, Controls Testing and Compliance Risk Management

Date: Apr 24, 2025

Job Type:Permanent
Work Model:Hybrid
Reference code:129106
Primary Location:Toronto, ON
All Available Locations:Toronto, ON

About the team

We are one of the largest Risk and Regulatory practices in Canada. The FSI Regulatory practice helps our clients understand and comply with evolving regulatory requirements, using cutting-edge technology and resources to innovate and drive impactful solutions. We support clients by developing proactive, forward-looking assessments of regulatory trends and their impact on business models. We have extensive experience that we draw upon daily to make a meaningful impact in the financial services industry and shape the future of regulatory risk management.

What will your typical day look like?

• Lead and review controls design and documentation.
• Perform and oversee a team executing detailed controls testing and compliance assessments to evaluate the effectiveness of internal controls and risk management processes.
• Develop and oversee execution of testing plans, including walkthroughs, control design assessments, and operational effectiveness testing.
• Identify control deficiencies, assess their impact, and provide recommendations for remediation.
• Collaborate with clients to understand their business processes, risks, and controls, and provide insights on best practices for risk management and compliance.
• Conduct root cause analysis of control issues and work with clients to implement corrective actions.
• Prepare comprehensive reports and presentations for senior management and stakeholders, summarizing findings and recommendations.
• Stay current with industry regulations, standards, and best practices to ensure compliance and provide informed guidance to clients.
• Lead and mentor junior team members, providing guidance and support in their professional development.
• Identify opportunities, develop proposals, and manage key client relationships within FSI sector.

Enough about us, let’s talk about you

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Relevant certification (e.g., CPA, CIA, CISA) is preferred but not required.
• 3-5 years of experience in controls testing compliance, risk management, or a related field.
• Strong understanding of internal control frameworks (e.g., COSO, COBIT) and regulatory requirements (e.g., SOX, GDPR, OSFI).
• Proven ability to manage multiple projects and deliver high-quality work within deadlines.
• Excellent analytical, problem-solving, and communication skills.
• Proficiency in data analytics and audit software tools.
• Ability to work independently and as part of a team, with a strong commitment to client service.

Total Rewards

The salary range for this position is $84,000 - $173,000, and individuals may be eligible to participate in our bonus program. Our Total Rewards Package extends well beyond traditional compensation and benefit programs and is designed to recognize employee contributions, encourage personal wellness, and support firm growth. Along with a competitive base salary and variable pay opportunities, we offer a wide array of initiatives that differentiate us as a people-first organization.

Diversity and Inclusion

At Deloitte, we are all about doing business inclusively – that starts with having diverse colleagues of all abilities. Deloitte encourages applications from all qualified candidates who represent the full diversity of communities across Canada.