Director, Internal Audit, Asset Management

March 12 2025
Industries Bank, Insurance, Financial services
Categories Accounting, Finance,
Toronto, ON | Waterloo, ON • Full time

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

About the role

Internal Audit contributes to the long-term competitive advantage of the company through the execution of high quality and efficient audit services that help our clients proactively manage risks in their business. The Director, Internal Audit - Asset Management reports to the AVP - Internal Audit - Asset Management and is responsible for the Sun Life Capital Management (SLC Management) audit portfolio.

The candidate is responsible for leading, directing, managing, planning and scheduling complex, investments related audit engagements and projects. The role includes significant client interaction in order to evaluate the adequacy and effectiveness of internal controls and the efficiency of operations. The role is also responsible for fostering a proactive, high performance team environment.

What you'll be doing

  • Work with the AVP - Internal Audit on updating the annual risk assessment and developing the annual audit plan.

  • Lead the planning, execution and reporting of audit work for the SLC Management portfolio ensuring proper coverage and consideration of auditing principles and best practices.

  • Direct, motivate and develop a group of Senior Auditors and Audit Managers maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team.

  • Review testing of key controls for adequacy and quality of the supporting documentation.

  • Oversee the assessment of key control design and operating effectiveness.

  • Review the report on results of key controls testing and proposed recommendations for delivery to management to ensure quality, compliance with audit methodology.

  • Lead meetings with clients to drive audits and present audit issues and recommendations.

  • Design, implement and embed data analytics in the audit process to improve audit effectiveness and efficiency.

  • Manage multiple, simultaneous audit projects within assigned time and budget.

  • Actively build and enhance strong working relationships with stakeholders and business partners within SLC Management portfolio.

  • Make significant contributions to 'change management' within the Audit team, helping to build the team to achieve an overall higher level of performance and to develop and implement innovative solutions to drive toward achievement of internal audit best practices. Work to develop "value add" in the team's services to its clients.

  • Stay up to date on current best practices in risk management and control assessments.

  • Maintain effective internal communication through the ongoing acquiring and sharing of information related to industry thought leadership and best practices.

What you'll need to succeed

  • University degree in accounting, finance or business.

  • Professional audit designation (e.g. CPA, CFA, CIA, CISA) preferred.

  • CFA designation is a strong asset.

  • 8-10 years of progressive experience in audit or relevant business function (e.g. Investments, Compliance, Risk, etc.) in the financial services industry.

  • Exposure to investment operations and products or asset management business preferred.

  • Demonstrated proficiency with data analytics and auditing large projects.

  • Experience in working in a matrix organization with multiple stakeholders.

  • Ability to understand complex business processes, their risks and identify key controls.

  • Proficient in control frameworks (e.g. COSO).

  • Proficient in audit techniques, including planning, scoping, evaluation and testing of internal controls.

  • Strong people leadership skills with the ability to coach and lead a team.

  • Strong change management skills and ability to audit an asset management business that is undergoing significant structural and business change.

  • Ability to devise innovative solutions in a dynamic, investments business environment.

  • Ability to understand business processes and a strong business knowledge of investments.

  • Pro-active, high energy, dedicated, flexible, and good practical judgement.

  • Strong analytical, problem solving, critical thinking and consultative skills.

  • Project management experience will be also valued and considered.

  • Excellent written and communication skills.

  • Strong partnership and influencing skills.

What's in it for you

  • Being a member of the Sun Life family, a group of people united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives.

  • In 2024, Sun Life ranked among the top 100 most sustainable global corporations by Corporate Knights for the 15th consecutive year, leading Canadian insurers.

  • We are proud to be on the 2024 Best Workplaces in Canada list by Great Place to Work.

  • We're also listed as one of the Best Workplaces for Women and Best Workplaces with Most Trusted Executive Teams.

  • Our unique Sabbatical Program gives you the opportunity to take up to 6 weeks off, every five years.

  • Care Days available for self-care or care of others (i.e., family or others you may support) and Sick Days to support your well-being.

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to thebrightside@sunlife.com.

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Salary Range:

105,000/105 000 - 180,000/180 000

Job Category:

Internal Audit

Posting End Date:

25/03/2025
Apply now!

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