JOB DESCRIPTION
Location: Hybrid | Downtown, Toronto
Duration: Until 01/30/2026
Our client a leading financial institution in Downtown Toronto is looking for a Auditor – Retail Credit, RESL to execute assigned audit activities independently as a team member or Officer-in-Charge (OIC). The successful candidate will have the opportunity to work with one of the Top 5 Banks in Canada.
Typical Day in role:
Auditing and Execution
• Assess the overall effectiveness of governance and management oversight over Real Estate Secured Lending Program Enhancements.
• Assess controls across credit risk functions, including regulatory obligations, policies, risk appetite and limits, adjudication and exception frameworks, risk systems, risk reporting, account management, collections, and data governance and data quality, provisioning.
• Determine the efficiency, effectiveness, integrity and reliability of internal controls in relation to defined control requirements, employing data analytics to support conclusions, where applicable.
• Execute and manage assigned activities independently in accordance with the Department Standards ensuring audit testing is sufficient and appropriate to support the audit opinion.
• Document all audit work performed to ensure appropriate working papers are maintained and conform to department standards.
Problem Identification
• Identify and assess materiality of control weaknesses ensuring facts are gathered and determine the root cause of the problem impact, prepare / review audit findings, as applicable.
Reporting/Communication
• Draft audit findings, reports and correspondence to management. Ensure writing is clear, concise and accurate.
• Present and discuss findings and progress with management, as required.
• Follow up on open action items and/or new audit issues raised.
• Develop and maintain good relationships with key auditee and business line management.
Authority/Decision making/direction received:
• Works independently within the mandate of the Department, and with periodic consultation from the Director and/or Vice President.
• Escalates issues impacting deadlines, risk, and material error.
• Identifies changes to the scope/extent of assigned work based on initial research/audit findings and seeks input from the Director.
Must-Have Skills:
- 10+ years of overall experience related experience
- Understanding of with retail credit risk management
- Experience with Secured Lending (Real Estate/Retail/Auto for example) policies, methodology, strategies, and process, including 5+ years of relevant experience.
- Proven track record of training / presenting to large stakeholder groups.
- Knowledge of analytical tools such as SAS, R or Python and experience using PowerBI.
Nice-To-Have Skills:
- Knowledge of audit processes and methodologies and/or prior change management testing experience would be an asset.
- Ability to write clearly and concisely.
Soft Skills Required:
- Strong strategic, analytical, problem-solving, and critical thinking skills.
- A self-starter / takes initiative, deals well with ambiguity, is detail oriented.
- Highly organized, ability to work in a dynamic and fast paced environment.
- Strong people skills, including relationship building with clients.
Education:
- A graduate degree in a quantitative discipline (e.g., Mathematics, Finance, Economics, or Statistics).
Finance professional is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, color, religion, national origin, sex, physical or mental disability, or age.