Senior Manager, Audit and Advisory Services - Wealth & Asset Management

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today. 

Working Arrangement

Job Description

The primary focus of this position is to work on internal audits within the North America General Account Group and the Wealth and Asset Management Segment of Manulife Financial.  The General Account Group handles investment portfolios related to the insurance business, and the Wealth and Asset Management segment manages third party assets (i.e. mutual funds, institutional client funds, separately managed accounts).  Audits of these businesses cover a wide range of asset classes in both the public and private markets, including equity, fixed income, derivatives, commercial mortgages, timber and agriculture.  The audits include portfolio management & trading (front office), investment operations, compliance and risk management.

The Senior Manager is accountable for completing assigned audit work of all types and the delivery of high quality, professional, cost-effective, beneficial and risk-based audit services.  The Senior Manager works under the direction of the Senior Director and AVP. 

Responsibilities:

• Lead audit staff assisting on projects and review completed files to ensure quality of work completed, and adherence to department and Internal Audit (IIA) standards.
• Lead projects within resource budgets and target dates, reporting any timing problems or budget over-runs to the Senior Director.
• Assist business unit management by providing consulting support, education and/or training through advisory services.
• Build effective relationships with management in assigned areas.
• Have adequate understanding of the risks being handled by the unit being audited and develop audit scope and audit programs to evaluate the controls in place to mitigate these risks.
• Have analytical skills or be open minded to explore different ways to audit, embrace and utilize data analytics to gain more coverage.
• Exercise good judgement in evaluating audit findings and developing practical and value-added recommendations.
• Prepare audit reports, including executive summary, making practical and value-added recommendations to improve risk management practices; audits reports are to be clear, concise and well-organized, and issued within departmental service standards.
• Provides on the job training and feedback to team members assisting on assignments and contributing to their development.
• Present findings and recommendations to business unit management; resolve contentious issues and reach agreement on appropriate solutions.
• Use technology to improve the effectiveness and efficiency of the audit process.

What motivates you?

• You obsess about customers, listen, engage and act for their benefit.
• You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
• You thrive in teams and enjoy getting things done together.
• You take ownership and build solutions, focusing on what matters.
• You do what is right, work with integrity and speak up.
• You share your humanity, helping us build a diverse and inclusive work environment for everyone.

What we are looking for:

• Experience and excellent knowledge of investments and asset management business risks, regulations and processes is required.
• Knowledge of investment areas such as portoflio management, operations, credit risk, hedge accounting, complex derivative instruments, private equity investments and/or investment valuations would be desirable.
• Experience in using data analytics to improve audit coverage and efficiency of audit processes.
• Minimum of 6 years of progressive work experience.
• University degree plus a relevant professional designation (CPA, CIA, CISA, CISSP, CFA, CBV, etc.)
• Thorough understanding of business processes and their risk implications, analyze complex situations, reach appropriate conclusions, and make value-added and practical recommendations.
• Strong interpersonal skills and ability to effectively communicate ideas and recommendations orally and in writing, and to listen and consider