Senior Auditor

American Express; Toronto; On-site; CAD 85,000 - 110,000; Full time

Job summary

A leading financial services company is seeking a Senior Auditor to join their Internal Audit Group in Toronto. This role involves assessing various organizational risks, ensuring compliance with regulations, and providing independent assurance on the effectiveness of risk management. The ideal candidate will possess strong analytical abilities and a solid understanding of the auditing principles within the financial sector.

Benefits

Competitive base salaries

Bonus incentives

Comprehensive medical, dental, and vision benefits

Flexible working model

Generous paid parental leave

Access to global wellness centers

Confidential counseling support

Career development opportunities

Qualifications

• 2+ years of relevant audit experience, preferably in financial services.
• Knowledge of COSO framework and technology implications.
• Fluency in Spanish is preferred.

Responsibilities

• Evaluate financial, operational, and technological risks.
• Conduct risk-based assurance reviews and document results.
• Collaborate with team leaders on audit tasks and findings.

Skills

Analytical Thinking

Risk Assessment

Problem Solving

Communication

Education

BA, BS, or equivalent degree in business management, auditing, accounting or finance related field

Tools

Data Analytics Tools

Job description

At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills, develop as a leader, and grow your career.

Here, your voice and ideas matter, your work makes an impact, and together, you will help us define the future of American Express.

About the Internal Audit Group at American Express

Our Internal Audit Group (IAG) is a worldwide function with 300+ team members and offices across nine countries within American Express. Our mission is to protect and enhance organizational value by providing independent, objective, risk-based assurance, advisory services and to influence the way the company manages risk.

Our assurance and risk professionals have diverse backgrounds including internal controls, consumer compliance, technology, operational risk, financial accounting, data analytics, and banking operations. Most IAG team members hold at least one professional certification. Our audit teams align to key risk areas and business units to ensure IAG can provide comprehensive and risk-based audit coverage. In addition, IAG has a Professional Practices group responsible for managing audit operations, quality, and standards; regulatory relations; reporting; training and professional development; and key internal capabilities and technologies.

As the Third line of defense within American Express, the Internal Audit Group is responsible for conducting risk-based assurance and advisory reviews to help manage organizational risks. As a key member of the audit team, you will provide independent and objective assurance on the effectiveness of risk management, internal controls, and governance processes, while also building relationships across the 1st and 2nd lines of defense.

About the Role:

Our Internal Audit group is seeking a Senior Auditor to assess financial, operational, and technological risks, ensure compliance with regulations, and improve internal controls. The ideal candidate will have strong problem- solving skills, excellent attention to detail, and the ability to utilize effective challenge when conducting audit work.

How will you make an impact in this role?

• Assist both the Canada and Latin America and the Caribbean (LAC) IAG teams, as required.
• Assist team leaders and Senior Managers/Managers in the execution of assigned audit tasks in line with American Express’ Internal Audit Methodology, internal policies and standards, and regulatory expectations throughout the audit lifecycle.
• Evaluate processes under review utilizing professional skepticism; execute audit tests and clearly document test results in accordance with internal policies and procedures.
• Hold walkthroughs with client personnel to understand, assess, evaluate, and document relevant risks and controls.
• Assist team leaders and Senior Managers/Managers with routine client status meetings, audit requests, and other administrative tasks.
• Assist team leaders and Senior Managers/Managers in documentation and evaluation of audit observations, findings.
• Validate management’s corrective action plans to address business unit or function self-identified issues, Second Line-identified issues, regulator-identified issues, and IAG-identified issues, in accordance with enterprise policies.
• Contribute to the development and periodic reviews of analytic control testing and ad hoc analytics, to drive timely risk insights, testing efficiencies and increased audit coverage.
• Develop a strong understanding of American Express' business model, products, services, and organizational units.
• Maintain audit proficiency through ongoing professional development, including data analytics literacy skills, technology, banking best practices and regulatory expectations.
• Execute continuous business monitoring with an external perspective and an enterprise approach, including assisting team leaders and Senior Managers/Managers in attending legal entity management committee meetings.

Minimum Qualifications

• BA, BS, or equivalent degree in business management, auditing, accounting or finance related field is required.
• 2+ years of relevant audit experience, preferably within the financial services industry.
• Knowledge and experience in applying control theory and professional auditing practices throughout the audit lifecycle and special reviews.
• Understanding of COSO framework with a risk and control mindset.
• Understanding of Canadian legal and regulatory mandates for financial institutions, financial and accounting industry standards and guidance/best practices relevant to the business, including technology and data implications.
• Basic experience with technology control testing including interface inputs, reports, application security and business continuity and third parties.
• Written and verbal communication skills to deliver audit deliverables with quality.
• Effectively works independently, within the team and across various teams in a fast-paced environment to drive business results.
• Ability to break-down complex problems into components and solve utilizing complex thought, process and risk/control knowledge.
• Travel may be required in limited circumstances.

Preferred Qualifications

• Relevant audit and professional certifications (e.g., Certified Public Accountant, (CPA), Certified Internal Auditor (CIA), etc.
• Written and verbal fluency in Spanish is optional but preferred.
• Experience with data analytic tools, data visualization, key risk indicators (KRIs), key performance indicators (KPIs), information systems / technology, and scorecards / dashboards, etc.
• Interest in working with data, interpreting results, and applying analytic best practices.

We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:

• Competitive base salaries
• Bonus incentives
• Support for financial-well-being and retirement
• Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location)
• Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
• Generous paid parental leave policies (depending on your location)
• Free access to global on-site wellness centers staffed with nurses and doctors (depending on location)
• Free and confidential counseling support through our Healthy Minds program
• Career development and training opportunities

American Express is committed to providing an inclusive and accessible work environment in which all people who apply for positions or who work for or on behalf of Amex are treated with dignity and respect and are provided with equal treatment with respect to employment, regardless of that person's age, sex, sexual orientation, gender identity, gender expression, race, colour, ancestry, ethnic or national origin, citizenship, religion or creed, marital status, family status, pregnancy, disability, record of offences, social condition or origin, political beliefs, association or activity or other factors prohibited under applicable Human Rights legislation (the “Prohibited Grounds”). If you have a disability and need accommodation, please speak with the Recruiter for more information.

Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.