About the role
Job Summary
The Senior Internal Auditor is responsible for evaluating the internal controls and processes within Olympia by conducting independent audits. This position supports and executes various responsibilities related to internal audit in accordance with Olympia’s business objectives and evaluates controls by performing audit tests of internal procedures.
Reporting to the Chief Internal Auditor, the Senior Internal Auditor fosters positive relationships throughout the audit process and is committed to ensuring corporate compliance by identifying control deficiencies and recommending solutions for follow up and testing.
Duties and Responsibilities
- Uphold the division and Olympia’s reputation and values, while promoting our motto “With Us, It’s Personal” in all interactions with employees, clients, and business associates.
- Conduct internal audits of divisions and prepare detailed audit reports outlining findings, recommendations and value-added solutions for corrective actions and process improvements in an analytical and clear format.
- Prepare process documentations such as narratives, flowcharts and control matrices for each division or business unit processes.
- Determine best methods to evaluate controls including design to determine nature of audit procedures required.
- Perform walkthroughs with business and control owners to gain understanding of the respective processes.
- Prepare Audit reports representing audit results, , control deficiencies, associated risk and recommendations to executives and stakeholders in a clear and concise manner.
- Conduct follow-up on audit reports to ensure recommendations and corrective actions are implemented.
- Assist with the review of policies and procedures to ensure compliance with regulations, policies and procedures and laws.
- Assist with the review and appraisal of electronic data processing programs/systems.
- Execute additional projects and/or assigned tasks as requested by management and executives.
Competencies
- Connection - We build long-term relationships by collaborating with our clients and industry participants.
- Accountability - We are a trusted business partner operating with transparency and integrity.
- Innovation - We leverage technology to continuously improve how we serve our customers.
- Strong analytical and problem-solving skills with a strong attention to detail and a commitment to accuracy.
- Competent with finance and information technology functionality, structure, controls, and testing.
- Excellent organizational skills to manage deliverables effectively; time management and prioritizing skills with a focus on meeting deadlines, critically analyzing, solving and escalating issues where appropriate.
- Excellent written and verbal communication skills with the ability to clarify, probe and discuss information.
- Stay updated on audit best practices including regulations and emerging trends.
- Ability to work with minimum supervision and demonstrate consistent professional skepticism.
- Above average people skills to efficiently manage business relationships with a wide range of leaders and individuals.
- Able to maintain confidentiality and work with a high degree of ethics, integrity and professionalism.
Formal education or experience
- Bachelor’s degree in Accounting, Finance, Business, Computer Science or related field required.
- Five (5) or more years of internal auditing experience required, including applied experience with internal audit practices, principles, processes, procedures, and techniques.
- Internal Audit designation (CIA) would be considered an asset.
- Certificate or working knowledge related to AI Audit would be considered an asset.
Specialized skills or knowledge
- Knowledge of regulatory frameworks, including AMF, OSFI, AML, Compliance and Fraud preferred.
- Strong analytical writing skills with the ability to produce clear, concise and well-structured analytical reports and documentation.
- Proven ability to present confidently and clearly to executive leadership.
- Proficient with Outlook, Excel, PowerPoint and Microsoft Office products and internet applications.
- Experience of working with Office 365 tools i.e. Word, Excel. Power Point etc.
- Successful completion of a Criminal Background check is required.
With us, It’s Personal
About Olympia Financial Group Inc.
Olympia Financial Group Inc. (OFGI) is a reporting issuer in British Columbia, Alberta, and Ontario. Its common shares are listed on the Toronto Stock Exchange under the symbol ‘OLY’ (TSX: OLY). Most of our business is conducted through our wholly-owned subsidiary, Olympia Trust Company.
Mission Statement: With Us It’s Personal. Our success is based on the belief that business can and should be personal. Every email, phone call, and decision should express this belief – every day.
Subsidiaries & Divisions Olympia Benefits Inc. (OBI): provider of health spending account plans and travel insurance products to business owners and self-employed individuals.
Exempt Edge (EE): building robust technological solutions for all participants of the Private Capital Markets of Canada, including Exempt Market Dealers, Dealing Representatives, Issuers, Fund Managers, and Mortgage Investment Corporations.
Olympia Trust Company (OTC): offering the business community a superior alternative to the traditional products and services of major trust companies, banks, and insurance companies.
Investment Account Services (IAS): allotting self-directed accounts and investment options as an independent, non-deposit-taking trustee and administrator.
Currency & Global Payments (CGP): providing corporations and private clients customized currency and global payments solutions for all transfer agent and corporate trustee needs.
Corporate and Shareholder Services (CSS): distributing transfer agency, corporate trustee, and employee plans administration services to public and private companies.
About the role
Job Summary
The Senior Internal Auditor is responsible for evaluating the internal controls and processes within Olympia by conducting independent audits. This position supports and executes various responsibilities related to internal audit in accordance with Olympia’s business objectives and evaluates controls by performing audit tests of internal procedures.
Reporting to the Chief Internal Auditor, the Senior Internal Auditor fosters positive relationships throughout the audit process and is committed to ensuring corporate compliance by identifying control deficiencies and recommending solutions for follow up and testing.
Duties and Responsibilities
- Uphold the division and Olympia’s reputation and values, while promoting our motto “With Us, It’s Personal” in all interactions with employees, clients, and business associates.
- Conduct internal audits of divisions and prepare detailed audit reports outlining findings, recommendations and value-added solutions for corrective actions and process improvements in an analytical and clear format.
- Prepare process documentations such as narratives, flowcharts and control matrices for each division or business unit processes.
- Determine best methods to evaluate controls including design to determine nature of audit procedures required.
- Perform walkthroughs with business and control owners to gain understanding of the respective processes.
- Prepare Audit reports representing audit results, , control deficiencies, associated risk and recommendations to executives and stakeholders in a clear and concise manner.
- Conduct follow-up on audit reports to ensure recommendations and corrective actions are implemented.
- Assist with the review of policies and procedures to ensure compliance with regulations, policies and procedures and laws.
- Assist with the review and appraisal of electronic data processing programs/systems.
- Execute additional projects and/or assigned tasks as requested by management and executives.
Competencies
- Connection - We build long-term relationships by collaborating with our clients and industry participants.
- Accountability - We are a trusted business partner operating with transparency and integrity.
- Innovation - We leverage technology to continuously improve how we serve our customers.
- Strong analytical and problem-solving skills with a strong attention to detail and a commitment to accuracy.
- Competent with finance and information technology functionality, structure, controls, and testing.
- Excellent organizational skills to manage deliverables effectively; time management and prioritizing skills with a focus on meeting deadlines, critically analyzing, solving and escalating issues where appropriate.
- Excellent written and verbal communication skills with the ability to clarify, probe and discuss information.
- Stay updated on audit best practices including regulations and emerging trends.
- Ability to work with minimum supervision and demonstrate consistent professional skepticism.
- Above average people skills to efficiently manage business relationships with a wide range of leaders and individuals.
- Able to maintain confidentiality and work with a high degree of ethics, integrity and professionalism.
Formal education or experience
- Bachelor’s degree in Accounting, Finance, Business, Computer Science or related field required.
- Five (5) or more years of internal auditing experience required, including applied experience with internal audit practices, principles, processes, procedures, and techniques.
- Internal Audit designation (CIA) would be considered an asset.
- Certificate or working knowledge related to AI Audit would be considered an asset.
Specialized skills or knowledge
- Knowledge of regulatory frameworks, including AMF, OSFI, AML, Compliance and Fraud preferred.
- Strong analytical writing skills with the ability to produce clear, concise and well-structured analytical reports and documentation.
- Proven ability to present confidently and clearly to executive leadership.
- Proficient with Outlook, Excel, PowerPoint and Microsoft Office products and internet applications.
- Experience of working with Office 365 tools i.e. Word, Excel. Power Point etc.
- Successful completion of a Criminal Background check is required.
With us, It’s Personal
About Olympia Financial Group Inc.
Olympia Financial Group Inc. (OFGI) is a reporting issuer in British Columbia, Alberta, and Ontario. Its common shares are listed on the Toronto Stock Exchange under the symbol ‘OLY’ (TSX: OLY). Most of our business is conducted through our wholly-owned subsidiary, Olympia Trust Company.
Mission Statement: With Us It’s Personal. Our success is based on the belief that business can and should be personal. Every email, phone call, and decision should express this belief – every day.
Subsidiaries & Divisions Olympia Benefits Inc. (OBI): provider of health spending account plans and travel insurance products to business owners and self-employed individuals.
Exempt Edge (EE): building robust technological solutions for all participants of the Private Capital Markets of Canada, including Exempt Market Dealers, Dealing Representatives, Issuers, Fund Managers, and Mortgage Investment Corporations.
Olympia Trust Company (OTC): offering the business community a superior alternative to the traditional products and services of major trust companies, banks, and insurance companies.
Investment Account Services (IAS): allotting self-directed accounts and investment options as an independent, non-deposit-taking trustee and administrator.
Currency & Global Payments (CGP): providing corporations and private clients customized currency and global payments solutions for all transfer agent and corporate trustee needs.
Corporate and Shareholder Services (CSS): distributing transfer agency, corporate trustee, and employee plans administration services to public and private companies.