Senior Manager, Internal Audit

ABOUT US

We’re one of Canada’s largest pension investors, with CAD$299.7 billion of net assets as of March 31, 2025.

We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong.

Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP Investments, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.

ABOUT YOUR ROLE

The Senior Manager, Internal Audit is responsible for delivering the Internal Audit plan by providing risk-based, objective and independent assurance, advice, insight and foresight on PSP's asset management practices, governance, risks and internal controls.

The incumbent will lead and manage assurance and advisory engagements in compliance with the Global Internal Audit Standards (the "Standards") issued by the Institute of Internal Auditors (IIA).

The Senior Manager will also actively contribute to the development of the dynamic, risk-based Internal Audit plan, the preparation of quarterly Audit Committee reporting, the development of IA talent, and the building of strong relationships across PSP.

As a Senior Manager, Internal Audit, you will:

Deliver the Plan and Manage Engagements

Plan and coordinate IA engagements, including establishing budgets and timelines, allocating resources, and reviewing and approving the audit program

Supervise and review the work of the IA engagement team, including monitoring the internal audit calendar and budget, developing and validating recommendations, and conducting required project status reviews

Draft value-added recommendations with practical and innovative solutions to enhance governance, risk management practices and internal controls

Draft IA reports and present findings and recommendations at closing meetings

Coordinate the delivery of Management's action plans and assess their adequacy and relevance in addressing IA recommendations

Monitor the progress of recommendations and the implementation of corrective actions

Provide advisory services, consistent with our role as an assurance partner and trusted advisor, to assess and improve the effectiveness of risk management, control, and governance processes

Attend working groups and project steering committees to provide proactive assurance

Proactively communicate the status of engagements and any material issues to the Managing Director and Chief Internal Auditor, the Senior Director and the Director (IA Leadership team)

Provide regular status updates to auditees and process owners to ensure a "no surprises" experience

Support the IA Leadership team in developing and updating the dynamic Internal Audit plan and in drafting quarterly Audit Committee reporting

Demonstrate Leadership, Develop Talent and Foster Continuous Improvement

Develop and maintain a strong understanding of PSP's corporate and investment activities, as well as its strategic objectives and initiatives

Keep abreast of market developments, trends and emerging risks, and share knowledge and business intelligence with the IA team

Contribute to upskilling the IA team through the adoption of innovative technologies and audit techniques (e.g., data analytics, AI-enabled tools, continuous auditing)

Build and maintain strong relationships with key stakeholders, process owners and control owners

Engage, coach and mentor team members assigned to engagements under your purview, and support their professional development

Supervise external consultants as required

WHAT YOU’LL NEED

University degree in commerce, business administration, finance, accounting, law or another relevant field

Professional accreditation such as CIA, CPA, CFA or CISA (required)

Ten (10) years of relevant experience required, including at least four (4) years in an internal audit role (preferred)

Experience in the financial services or pension fund industry (required)

Experience in a consulting or public accounting firm (an asset

Experience auditing investment activities across public and/or private asset classes (an asset)

Solid knowledge of internal audit and risk management practices in the financial markets and asset management industry

Strong knowledge of the IIA's Global Internal Audit Standards

Working knowledge of key asset management business functions, processes and related risks

Ability to work both autonomously and collaboratively in an agile work environment

Ability to manage a range of concurrent projects while meeting deadlines

Strong business acumen, with proven analytical, problem-solving and communication skills

Intellectual curiosity and a continuous learning mindset

Critical thinking and sound professional judgment

Ability to build effective relationships and act as a constructive influencer

Ability to produce clear, concise and high-quality reports in English

Working knowledge of and experience with data visualization and data analytics tools

Proficiency in English and French (or willingness to learn) (frequent interactions in English with PSP employees based in our offices in Hong Kong, London and New York, and interactions in French with employees in our local offices in Montreal and Ottawa)

We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to:

Investment in career development

Comprehensive group insurance plans

Competitive pension plans

Unlimited access to virtual healthcare services and wellness programs

Gender-inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers

A personalized family-building support, from pre-pregnancy to menopause, with available financial assistance

Vacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons off

A hybrid work model with a mix of in-office and remote days

Benefits package may vary based on your employee type.

At PSP Investments, we aim to provide a workplace where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know.

Visit us on www.investpsp.com/en/