About Us: At Interac, we empower Canadians to control their money and enhance their lives. We lead real-time money movement, drive innovative commerce solutions, and advance areas like verification and open banking, shaping the future of Canada’s digital economy.

Want to make a lasting impact amongst a community of creative thinkers, problem solvers, and high-performance application developers? We want to hear from you.

Role Overview: As the Leader, Internal Audit you will be a strategic leader responsible for overseeing and enhancing the internal audit function. You will lead a team of six professionals, driving audit strategy, governance, and continuous improvement initiatives. Reporting directly to the Head, Deputy General Counsel and Assistant Corporate Secretary, you will play a critical role in shaping the audit strategy, driving continuous improvement, and providing leadership to the internal audit team.

Key Responsibilities:

Strategic Leadership: Develop and execute a comprehensive internal audit strategy that aligns with organizational goals and industry best practices. Provide visionary leadership to ensure the audit function supports the strategic direction of the organization.

Process Optimization: oversee the maintenance and enhancement of internal audit processes, documentation, and reporting in alignment with industry standards and organizational needs. Drive continuous improvement initiatives to optimize audit efficiency and effectiveness.

Team Leadership: Mentor and lead a team of six internal audit professionals, fostering a collaborative and high-performance culture. Promote professional development and ensure the team is equipped with the necessary skills and knowledge to excel.

Cross-Functional Representation: Represent internal audit in cross-functional meetings, actively contributing to the development and updating of the Internal Audit Plan. Ensure audit perspectives are integrated into broader organizational initiatives.

Executive Reporting: Provide high-level strategic insights and recommendations to the Management Risk Committee and the Board through comprehensive briefing notes and reports. Ensure executive leadership is well-informed of audit findings and implications for organizational strategy.

Audit Assessments: Spearhead the strategic execution of comprehensive internal audit assessments, ensuring operations are systematic, disciplined, and meticulously planned. Provide visionary leadership to the audit team, fostering a culture of excellence and continuous improvement.

Documentation and Reporting: Oversee the development and meticulous preparation of assessment documentation, including detailed plans, scope, and criteria requirements. Deliver insightful draft and final assessment reports to senior management, offering strategic recommendations and actionable insights.

GRC Implementation: Lead the strategic design and implementation of a Governance, Risk, and Compliance (GRC) Audit Module, enhancing the effectiveness and efficiency of internal audit processes. Collaborate with the selected GRC provider to ensure seamless integration and alignment with internal audit requirements, driving innovation and best practices.

Training and Collaboration: Champion the launch of internal audit modules, providing comprehensive training programs for internal staff, vendors, stakeholders, and auditors. Foster strong collaborative relationships with the GRC supplier to ensure ongoing tool maintenance, updates, and enhancements, promoting a culture of continuous learning and development.

Audit Delivery: Ensure the successful delivery of audit engagements, effectively managing activities, communications, and stakeholder expectations. Provide strategic leadership and support to auditees, adapting priorities as necessary to meet organizational goals and regulatory requirements.

Continuous Improvement: Lead efforts within the internal audit team to continuously improve audit processes, techniques, skills, and knowledge. Conduct research on best practices and present recommendations for process enhancements. Incorporate continuous improvement practices, such as Plan-Do-Check-Act (PDCA), to drive audit excellence.

Stakeholder Collaboration: Work closely with third-party auditors to ensure the completion of final audit reports. Collaborate with auditees to ensure resourceful and efficient completion of audit activities. Foster strong relationships with stakeholders to enhance audit outcomes.

Business Insight: Invest time in developing a deep understanding of business drivers, critical issues, and anticipating challenges. Leverage this knowledge to enhance the effectiveness of audit activities and provide valuable insights to the organization.

You Bring:

CPA, CISA, or CIA designation required, demonstrating a high level of expertise and commitment to the audit profession.
University Degree or equivalent work experience in audit showcasing a strong foundation in audit principles and practices.
A minimum of 10 years of progressive experience in audit, with at least 7 years in a senior leadership role, reflecting a proven track record of managing and guiding audit teams.
Extensive understanding of advanced audit techniques, best practices, and tools, ensuring the ability to lead complex audit engagements effectively.
In-depth familiarity with CPA, IIA, and/or ISACA standards and guidelines, ensuring compliance with industry benchmarks and regulatory requirements.
Strong understanding of IT, security, operations, risk management, and product management, enabling a holistic approach to audit activities.
Excellent communication and interpersonal skills for effective collaboration with stakeholders at all levels of the organization.
Minimum of 5 years’ experience with current technology platforms and cloud technologies, ensuring the ability to audit modern, technology-driven environments.
Comprehensive knowledge of PCI DSS, ISO 27001 & 27002, and NIST Standards.
Experience with Payment Technology/Products is an asset.
Eligibility to work for Interac Corp. in Canada in a full-time capacity.

Interac requires employees to complete a background check that is completed by one of our service providers. We use this service to complete the following checks:

Canadian criminal record check;
Public safety verification;
Canadian ID cross-check;
5-year employment verification;
Education verification; and
If applicable, Credit Inquiry and Social Media Check

How we work
We know that exceptional people have great ideas and are passionate about their work. Our culture encourages excellence and actively rewards contributions with:

Connection: You’re surrounded by talented people every day who are driven by their passion of a common goal.

Core Values: They define us. Living them helps us be the best at what we do.

Compensation & Benefits: Pay is driven by individual and corporate performance and we provide a multitude of benefits and perks.

Education: To ensure you are the best at what you do we invest in you

Please be aware of certain individuals fraudulently using Interac Corp.’s name and logo to offer fictitious employment opportunities. Interac Corp. will never ask, solicit, nor accept any monies in exchange for employment opportunities. Any such offers of employment are fraudulent and invalid, and you are strongly advised to exercise great caution and disregard such offers and invitations.

Please note that under no circumstances shall Interac Corp. be held liable or responsible for any claims, losses, damages, expenses, or other inconveniences resulting from or in any way connected to the actions of individuals performing such fraud. Further, such fraudulent communication shall not be treated as any kind of offer or representation by Interac Corp. or its subsidiaries and affiliates.

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