Audit Director (REX-07), Internal Audit

Duties

The Director contributes to OSFI’s mandate by providing an independent assessment of all aspects of OSFI management and operations in areas of regulation and supervision of federally regulated financial institutions and private pension plans, corporate services of human resources, finance and accounting, information management and technology, contracting and other supporting services, and Office of the Chief Actuary. The audit engagements include areas of governance and oversight, risk management, management and control frameworks and practices, and information used for decision-making and reporting throughout the Office with a focus on how well Corporate and business units ‘plans and priorities’ are being met.

Internal Audit employs a comprehensive balanced risk-based approach in determining audit priorities and applies the TBS Policy on Internal Audit and the Institute of Internal Auditors (IIA) International Professional Practices Framework (IPPF) standards and guidance.

The Director is responsible for the execution of Internal Audit’s annual Audit Plan including: planning, conducting and reporting all audit engagements. The Director will lead audit staff in preparing the detail audit plan, conducting the audit steps, preparing supporting working papers, drafting reports, briefing management on audit observations and recommendations, and assisting the CAE in reporting to the Executive and the Audit Committee. Depending on the nature and scope of the audit engagement, the Director may lead external subject matter experts, when required.

Intent of the process

This selection process may be used to establish a pool of qualified candidates, which could be used to staff similar or identical positions with various linguistic profiles and requirements, security profiles and various tenures.

Positions to be filled: 1

Information you must provide

Your résumé.

You must meet all essential qualifications in order to be appointed to the position. Other qualifications may be a deciding factor in choosing the person to be appointed. Some essential and other qualifications will be assessed through your application. It is your responsibility to provide appropriate examples that illustrate how you meet each qualification. Failing to do so could result in your application being rejected.

In order to be considered, your application must clearly explain how you meet the following (essential qualifications)

ESSENTIAL EDUCATION
● A university degree with specialization in commerce, accounting, business, finance, economics or other relevant field OR an acceptable combination of education, experience and/or training.
● Achievement of an IIA Certified Internal Auditor (CIA) designation.

Degree equivalency

ESSENTIAL EXPERIENCE
● Recent and significant experience in the development of internal audit plans for individual audit engagements.
● Recent and significant experience leading and conducting operational, compliance and/or regulatory engagements of governance, risk management and control practices.
● Experience with the development of risk-based annual internal audit plans.
● Recent experience in leading/managing or developing/coaching staff.

The following will be applied / assessed at a later date (essential for the job)

English essential

Information on language requirements

ESSENTIAL KNOWLEDGE
● Knowledge of the application of internal control frameworks in an audit or consultation context.
● Knowledge of internal auditing processes and internal auditing standards.

ESSENTIAL COMPETENCIES
● Critical Thinking
● Professional Judgement
● Impact and Influence
● Change Leadership
● Excellent oral communication skills
● Excellent written communication skills

The following may be applied / assessed at a later date (may be needed for the job)

ASSET EDUCATION
● A post-graduate degree.
● A Canadian Chartered Professional Accountant or certification recognized by the Canadian Institute of Chartered Accountants (CICA) and/or additional relevant IIA certifications.

Degree equivalency

ASSET EXPERIENCE
● Experience in leading a variety of assurance and advisory engagements in financial institutions.

ASSET KNOWLEDGE
● General knowledge of financial institutions, private pension plans and financial service industries.
● Knowledge of OSFI’s mandate, the OSFI Act and the OSFI Supervisory Framework.

ASSET COMPETENCIES
● Innovation
● Developing Myself
● Working as a Team
● Results Orientation
● Developing Others

ORGANIZATIONAL NEEDS
● In order to meet the organization’s employment equity objectives in support of a diversified workforce, ‘right fit’ selection for this position may be made from among qualified candidates who self-declare as being Persons with a disability or Aboriginal peoples.

OPERATIONAL REQUIREMENTS
● Some travel may be required.

Conditions of employment

Reliability Status security clearance - Agreement to be deployed into another REX position within OSFI at the same level.

Other information

Applicants must clearly demonstrate using concrete examples, how they meet the education and experience factors listed under the essential qualifications, as well as any of the asset qualifications that are applicable. Applicants must provide concrete examples that illustrate how they meet the requirement, as well as time lines of when this experience was gained (please indicate month and year).

Internal indeterminate employees of OSFI at the same group and level or equivalent may be considered for deployment or assignment before considering applicants in the advertised appointment process.

Reference checks may be conducted.

Your application may be used to assess written communication.

OSFI is a separate agency with its own classification and compensation system. OSFI's staffing is subject to the Public Service Employment Act (PSEA).

It is the responsibility of the candidate to ensure that accurate contact information is provided and updated as required.

The client organization will accept applications on-line only. All job applications must therefore be submitted through the Public Service Resourcing System. To submit an application on-line, please select the button 'Apply online' below. Persons with disabilities preventing them from applying on-line are asked to contact 1-800-645-5605.

Applicants with disabilities: If you request special accommodation at any stage in the selection process, including technical aid to ensure an equitable assessment of your qualifications, please inform us by sending an e-mail to the following address .

To submit an application online, please click on the button "Apply Online" below.

The Public Service of Canada is committed to building a skilled, diverse workforce reflective of Canadian society. As a result, it promotes employment equity and encourages candidates to indicate voluntarily on their application if they are a woman, an Aboriginal person, a person with a disability or a member of a visible minority group.

The Public Service of Canada is also committed to developing inclusive, barrier-free selection processes and work environments. If contacted in relation to a job opportunity or testing, you should advise the Public Service Commission or the departmental official in a timely fashion of the accommodation measures which must be taken to enable you to be assessed in a fair and equitable manner. Information received relating to accommodation measures will be addressed confidentially.

Preference

Preference will be given to veterans and to Canadian citizens, in that order.

Information on the preference to veterans

We thank all those who apply. Only those selected for further consideration will be contacted.