Audit Support Officer, Internal Audit

Important messages

We are committed to providing an inclusive and barrier-free work environment, starting with the hiring process. If you need to be accommodated during any phase of the evaluation process, please use the Contact information below to request specialized accommodation. All information received in relation to accommodation will be kept confidential.

Assessment accommodation

EMPLOYMENT EQUITY:
OSFI is committed to achieving a representative workforce that reflects the diversity of the Canadian population. We are dedicated to building and promoting a diverse, equitable and inclusive workforce, representative of all Canadians regardless of race, ethnicity, colour, religion, sex, age, disability, sexual orientation, gender identity or expression, socio-economic background or lived experience. By embracing diversity and inclusion, our department ensures broader discussions, better decisions, and a more positive workplace.

We invite you to be part of the change by joining an organization where individual differences are recognized, valued and respected. We welcome all candidates to apply and strongly encourage candidates to self-declare if they belong to an Employment Equity designated group: Aboriginal* Peoples, Persons with Disabilities, Women or Visible Minorities (Black people and other racialized groups).

*The term “Aboriginal” is used within this job advertisement as it relates to the Employment Equity Act and other legislative frameworks. The term “Indigenous” is used where possible, in alignment with the United Nations Declaration on the Rights of Indigenous Peoples.

Achieving a representative and diverse workforce has been identified as an organizational need for OSFI and may be applied at any time during this appointment process. If this criterion is used, only those who have indicated that they are members of the specified designated group(s) will be considered. As such, first consideration for an appointment may be given to candidates who self-declare as belonging to one or more of the four designated employment equity groups (Persons with a disability, Aboriginal people, Members of a Visible Minority, or Women).

In order to self-declare, please ensure to check off the appropriate box within the online application under the Employment Equity section. We encourage you to consult theses links to learn more about employment equity and self-declaration:
• https://www.canada.ca/en/public-service-commission/jobs/services/gc-jobs/employment-equity.html
• https://www.canada.ca/en/public-service-commission/jobs/services/gc-jobs/applying-government-canada-jobs-how-to-apply.html#EE

POSITION LOCATION:
OSFI believes in offering employees flexibility and in creating a workplace that is productive, engaging, collaborative, and inclusive, all the while being supportive of employees’ wellbeing. As such, OSFI is experimenting with a hybrid work model (a combination of telework and onsite work) that will shape how we use our physical workplace to establish new norms, ways of collaborating, and working together and will adjust its model based on lessons learned.

This position is located in Toronto; however, the successful candidate may work from the Ottawa or Toronto OSFI office as agreed with their manager.

OSFI’s hybrid model promotes a workplace in which, on any given day, there is a mixture of employees teleworking from alternative places within Canada, working onsite at their designated position location or from another OSFI office (Ottawa or Toronto). We encourage candidates who want to work in the Ottawa or Toronto OSFI office to apply.

Duties

The Audit Support Officer position provides unique on-the-job learning opportunities where you will learn the profession of internal audit in the Government of Canada. You will work under general supervision, providing support and performing assigned tasks within each of the phase of an audit engagement as a member of the audit team. The ideal candidate should be interested in continuous learning and an interest in progressing within Internal Audit would be considered an asset.This position will provide a range of operational support services to Internal Audit and the Departmental Audit Committee (DAC), both independent and objective functions that provide advice and recommendations to the Superintendent regarding OSFI’s risk management, governance and control processes. This position acts as the Secretariat for the Audit Committee, and the central point of contact for the DAC members. Reporting to the Professional Practices Manager, this position efficiently and professionally facilitates the daily operations of Internal Audit, as well as quarterly DAC meetings. Internal Audit responsibilities include supporting the internal audit staff in their completion of audit engagements, coordinating the financial budget for Internal Audit and the DAC, preparing training, travel, and hospitality activities for the DAC and Internal Audit, and other duties as assigned. This position supports the internal audit function through the provision of research and analysis, internal controls testing and participation in audit meetings and documentation of minutes.

Work environment

Our Role:
OSFI is an independent federal government agency that regulates and supervises more than 400 federally regulated financial institutions and 1,200 pension plans to determine whether they are in sound financial condition. In fulfilling its mandate, OSFI supports the government's objective of contributing to public confidence in the Canadian financial system.
Learn more about us 👉 https://youtu.be/QO_3vnPKuZI

Our People and Culture:
People are the foundation of our organization. You will become part of a diverse community that acknowledges everyone has varied experience and fosters an environment where communication and teamwork amplify our effectiveness. We have several networks dedicated to ensuring that the department continues to grow as an inclusive, accessible, respectful and diverse workplace. All employees are encouraged and welcome to join the following networks and participate in their activities and events.
• Diversity of Thought
• Family Responsibilities
• Gender
• LGBTQ2IS
• Mental Health and Accessibility
• Multiculturalism (Affinity Groups: Indigenous, Asian, Black)
• Unconscious Bias
Hear about our people 👉 https://youtu.be/diUspmpYWQI

Our Rewards:
💵 Compensation: OSFI offers a competitive salary, and employees may be eligible for in-range increases and economic adjustments. Salaries are based on qualifications, experience and knowledge. The Public Service Pension Plan is a defined benefit pension plan (indexed for inflation), where both the employer and the employee contribute.

💰 Performance Pay: OSFI employees are eligible for an annual bonus based on their performance throughout the year.

✈️ Vacation and Leave: OSFI employees start with 4 weeks of paid vacation, 2 personal days and 5 days of Family Related Leave with Pay among other various types of paid and unpaid leave.

💻 Flexible Work Arrangements: OSFI offers flexible work arrangements by providing support for compressed work week schedules, flexible work hours and teleworking, in order for employees to achieve their work objectives while achieving balance between work and homelife.

📖 Learning and Development: OSFI offers career advancement opportunities and encourages innovative thinking in its work environment. Employees may be reimbursed for relevant professional association membership fees.

Intent of the process

A pool of qualified or partially qualified candidates may be created to staff similar or identical positions with various linguistic profiles and requirements, security requirements and/or various tenures within the Office of the Superintendent of Financial Institutions (OSFI), which may vary according to the position being staffed.

Positions to be filled: Number to be determined

Information you must provide

Your résumé.

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

ESSENTIAL EDUCATION
• A degree from a post-secondary institution with specialization in business, commerce, economics, finance, mathematics, actuarial science, accounting or other relevant field OR an acceptable combination of relevant professional industry experience and education.

Degree equivalency

ESSENTIAL EXPERIENCE
• Recent and significant experience in researching and analyzing operational and/or administrative issues, and providing resolutions and recommendations.
• Recent and significant experience liaising and coordinating with external and internal stakeholders on a wide variety of matters.
• Recent and significant experience in creating and controlling the quality and accuracy of various documents andadministrative forms.
• Recent and significant experience in planning executive-level meetings and/or events, including drafting agendas, briefing notes, meeting minutes and decision points for an executive audience.
• Recent and significant experience in coordinating and performing administrative duties in an executive office, or for an executive member of the organization.

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 internal frameworks, policies, procedures and activities, related to administrative functions within OSFI and/or public sectors.
• Knowledge of the role of Internal Audit and the role of the Departmental Audit Committee.

ESSENTIAL COMPETENCIES
• Innovation
• Growth and Development
• Collaboration
• Critical Thinking

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

ASSET EXPERIENCE
• Experience liaising with a wide variety of senior executives to understand their needs and propose viable solutions.
• Experience directly supporting an internal audit function or Departmental Audit Committee.
• Experience in the application of audit methodologies.

ASSET KNOWLEDGE
• Knowledge of standard audit practices, techniques and procedures, including workpaper documentation.
• Knowledge of central agency administrative policies related to administration (i.e. such as the Official Languages Act and the Access to Information and Privacy Acts, Conflict of Interest Regulations, the Financial Administration Act and Contracting Regulations).
• Knowledge of the Treasury Board (TB) Internal Audit Policy Suite and Institute of Internal Auditors (IIA) International Professional Practices Framework (IPPF) for Internal Audit.
• Knowledge of the financial regulatory system in Canada, including OSFI’s mandate and the role it plays in the Canadian financial system.

ASSET COMPETENCIES
• Interpersonal Communication
• Results Orientation

ASSET ABILITIES
• Ability to communicate effectively in writing.
• Ability to communicate effectively verbally

ORGANIZATIONAL NEEDS
OSFI is committed to having a skilled and diverse workforce representative of the Canadian population. In order to meet our employment equity objectives, selection for this position may be made from among qualified candidates who self-declare as belonging to one or more of the following Employment Equity groups: Persons with a disability, Aboriginal people, Members of a Visible Minority, or Women. OSFI is committed to diversity and inclusion, and we strongly encourage candidates to self-declare if they belong to one of these designated employment equity groups.

Conditions of employment

Security – Reliability
In our hybrid workplace environment, the ability to work remotely from home within Canada with access to the Internet in one’s residence is a condition of employment.
Ability and willingness to travel within Canada when required.

Other information

The Public Service of Canada is committed to building a skilled and diverse workforce that reflects the Canadians we serve. We promote employment equity and encourage you to indicate if you belong to one of the designated groups when you apply.

Information on employment equity

For external processes (as indicated by the abbreviation “EA” in the selection process number), only those selected for further consideration will be contacted.

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

The ability to communicate effectively in writing may be assessed using the candidate's application, as well as through the evaluation process.

Assessments (such as written exams, interviews and reference checks) may be conducted virtually through email, telephone and/or videoconference.

Candidates must meet all of the essential qualifications to be appointed; however, one or more asset criteria may be invoked at any stage of the process.

Depending on the number of applicants, volume management strategies such as random selection, top-down approach and/or establishing cut-off scores to determine who will continue in the staffing process, may be used for the purpose of managing applications. Please note that although you may attain the established pass mark on any of the assessments used in this staffing process, management may decide to use a higher cut off score.

Eligible candidates may be considered and offered a deployment or interchange before considering other applicants.

Persons are entitled to participate in the appointment process in the official language of their choice. Applicants are asked to indicate their preferred official language in their application.

Email correspondence will be used as the main method of communication with candidates for this selection process, please ensure it accepts messages from unknown users. Please note that you need to provide valid and updated contact information.

All job applications must be submitted through the Government of Canada public service jobs website. Do not email or mail hard copy documents as these will not be accepted. To submit an application online, please click on the "apply now" button. Persons without Internet access may also review jobs open to the public through INFOTEL at 1-800-645-5605.

If you have a limitation that may impact your performance at any step of the assessment process (such as submitting the application, written test, or an interview), you may request an accommodation. Assessment accommodations are designed to remove barriers, and to ensure that candidates with limitations can fully demonstrate their abilities. Should you wish to be accommodated, please inform us by sending an e-mail to the following address: . All information received in relation to accommodation will be kept confidential.

Preference

Preference will be given to veterans first and then to Canadian citizens and permanent residents, with the exception of a job located in Nunavut, where Nunavut Inuit will be appointed first.

Information on the preference to veterans

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