.Company Description Were embarking on something BIG... Central 1 is the partner of choice for financial, digital banking and payment products and services fueling the success of businesses across Canada. We leverage our scale, strength and expertise to power progress for more than 250 credit unions and other financial institutions, enhancing the financial well-being of more than five million customers from coast to coast. For more information, visit Central1.Job Description What you'll be doing:As the Head of Internal Audit, you will be responsible for managing an independent, objective assurance and consulting activity designed to add value and improve Central 1s operations by providing risk-based internal audit assurance and advisory services to support and improve the system of risk management, internal control and governance.Reporting to the Chair of the Audit Committee, with functional reporting to the Chief Financial Officer, you will be responsible for providing strategic leadership, direction and setting priorities for Central 1s Internal Audit function. In this role, you will be responsible for developing and managing the internal audit function, assessing and reporting on the state and effectiveness of Central 1s internal controls (including but not limited to Disclosure Controls & Procedures and Internal Control over Financial Reporting). The Head of Internal Audit will manage financial, operational, and compliance audits and special investigations for Central 1. Define vision and business plan for the audit function in the context of strategy and priorities.Maintain current understanding of Central 1s entity wide strategic, operational, financial and compliance targets and related risk profiles to best contribute to setting the strategic direction and priorities of our Internal Audit function.Provide specialized expertise to the internal audit team, business operations and functional teams, to ensure business risks are managed appropriately, that the system of internal control is efficiently operating and to continually improve practices to keep up with evolving business needs.Identify and make recommendations to the business in designing improvement opportunities to controls and operational processes to achieve Central 1s compliance objectives.Provide advisory services to functional leaders and teams regarding remediation of external and internal audit exceptions and control deficiencies identified.Lead the business planning for the Internal Audit and Internal Control over Financial Reporting groups, including oversight of the 52-109 CEO/CFO Certification Program, and management of the fiscal budget to track progress against the Internal Audit plan.Effectively manage the allocation of audit resources and assign staff to various audit projects based on availability and skillset to best meet business needs.As an integral member of the Finance Leadership Team, provide strategic thought leadership in audit approach and execution
