Senior Manager, Internal Audit

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets.  United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

Oversees and performs independent assessments to assist the audit committees of the parent company and subsidiaries to determine the adequacy and effectiveness of the organization's systems of internal control and its ability to meet its objectives,
Continuously re-assesses how changes to organisational structure and execution of corporate strategy affect the key TMX objectives, risks, and controls, so that the assurance being provided by Internal Audit can continue to be relevant, timely and appropriate,
Is responsible for planning and directing the work of the Managers, Senior Internal Auditors and Internal Auditors, including regular monitoring of their work and taking corrective action when necessary to accomplish the audit objectives,
Communicates regularly with all levels of management and the Senior Management Team on the audit universe, audit planning, audit reporting and relevant audit findings, and
Shapes the direction and development of the Internal Audit department by providing technical and behavioural guidance to other staff members in the performance of their assignments, and ensuring that we maintain independence from management commensurate with our third line of defence role.

Delivery of assurance

• Develop, with the Chief Internal Auditor, the annual Internal Audit plan that lays out the departmental priorities that satisfy the objectives and responsibilities of management and the audit committees of the parent company and subsidiaries.

• Responsible for the Internal Audit CEO/CFO Certification program executing the annual audits in relation to the program and supporting the quarterly work from Internal Audit on the Financial Statements, MD&A and other quarterly activities.

• Manage and oversee the execution of the audit plans, including workload allocations, progress of ongoing audits, additions of ad hoc assignments, and long term project involvement of the department staff.

• Evaluate risks and control gaps that could have a significant impact on preventing the achievement of TMX Group operational, financial, strategic and compliance objectives.

• Coordinates with KPMG Partners and staff to ensure that the statutory audit and internal audit teams collaborate and achieve audit efficiencies.

• Prepares materials and assists with quarterly reporting requirements for release to TMX’s regulators, all levels of management, the Senior Management Team, and audit committees of TMX Group and its designated subsidiaries.

• Oversees the quarterly control confirmation and sub-certification processes, including the maintenance and operation of the governance, risk and compliance application.

• Reviews the working paper files of the Managers, Senior Internal Auditors, and Internal Auditors to ensure they comply with department standards / methodology,

Audit process quality

• Ensure appropriate accountabilities are assigned to the team to effectively execute audit deliverables.

• Ensure quality of work prepared by the department is reviewed for consistency and compliance with Internal Audit methodology standards.

• Review all engagement plans, risk assessments and final engagement deliverables with the Chief Internal Auditor.

Value-add consulting

• Perform continuous assessment with TMX management to identify operational efficiencies and provide value-added recommendations for improvements observed during the execution of the annual audit plan.

Staff potential maximisation

• Cultivate culture within the department to develop a forward-thinking team that has a global perspective and incorporates innovation into their everyday work.

• Provide coaching, training and oversight to the staff of the Internal Audit department.

• Develop department performance objectives, behaviours, and targets that align with the organization’s overall strategic direction, and ensure these are clearly communicated to the department.

Response to changes in the organization

• Demonstrate effective decision-making in managing complex or ambiguous issues and flexibility in adapting to changing situational factors.

• Manage the relationships and anticipate the requirements of internal and external stakeholders (audit committees, management, regulators) to the TMX Internal Audit department to ensure our obligations are fully met.

• Draw conclusions and linkages to overarching issues that impact corporate objectives when performing reviews of controls and processes within TMX.

Skills & Experience

• CPA designation is required

• CIA certification is an asset

• 8-12 years of audit experience

• Proficient with Google for Work and Microsoft applications

• Knowledge of IFRS, generally accepted auditing standards, IT general controls and requirements for CEO/CFO Certification and NI 52-109 are an asset

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived! 

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located. 

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.