Senior Manager, Group Audit & Conduct

Senior Manager, Group Audit & Conduct

Location: This posting is for an existing vacancy in Wellington-Altus's Calgary or Toronto office.

Founded in 2017, Wellington-Altus Financial (Wellington-Altus) is the parent company to Wellington-Altus Private Counsel Inc., Wellington-Altus USA Inc., Wellington-Altus Insurance Inc., Wellington-Altus Group Solutions Inc., Independent Advisor Solutions Inc., and Wellington-Altus Private Wealth Inc.—the top-rated Investment Dealer in Canada and one of Canada's Best Managed Companies. With nearly $40 billion in assets under administration and offices across the country, Wellington-Altus identifies with successful, entrepreneurial advisors and portfolio managers and their high-net-worth clients.

Reporting to the Assistance Vice-President, Group Audit and Conduct, the Senior Manager, Group Audit & Conduct will provide functional oversight of audit deliverables, leading a portfolio of audits across the wealth businesses. The role will own risk assessment and plan delivery, elevate audit quality and insights, coach a high-performing team and influence senior stakeholders to strengthen control environments, conduct risk management and regulatory compliance.

• Audit Planning & Risk Assessment
  • Lead the wealth risk assessment and develop a risk-based annual audit plan covering core lines of business, products, and key risk themes (e.g., suitability, KYC/AML, sales practices, conflicts, best execution, portfolio oversight, model risk, third-party risk, cyber & data, privacy).
  • Continuously update the plan based on emerging risks, regulatory changes, incidents, complaints, and business growth initiatives (e.g., new products, platforms, or outsourcing).
  • Incorporate data-driven scoping, thematic reviews, and continuous monitoring.
• Audit Execution & Quality
  • Oversee end-to-end audits: planning, fieldwork, testing, issue development, reporting, and follow-up on time, on budget, and internal methodology.
  • Ensure robust testing of design and operating effectiveness for key controls over advice, client onboarding, account maintenance, trading, suitability, fee billing, disclosure, privacy, and safeguarding of client assets.
  • Drive the use of data analytics (population testing, stratified sampling, trend analysis, and control monitoring).
  • Review work papers and reports to ensure clarity, factual accuracy, proportionality of findings, and actionable recommendations.
• Regulatory & Conduct Risk Focus
  • Assess compliance with applicable regulations and guidance (e.g., CIRO/IIROC Dealer Rules, OSC/CSA, FINTRAC, privacy laws) and internal policies/standards.
  • Evaluate conduct risk and client outcomes: suitability and KYC, conflicts management, compensation and incentives, complaints handling, vulnerable clients, and disclosure transparency.
  • Prepare for and support regulatory exams; track and validate remediation actions.
• Stakeholder Management & Influence
  • Build trusted, constructive relationships with senior leaders in Wealth (front office, compliance, operations, risk, technology).
  • Communicate insights succinctly, distinguishing between control gaps, design opportunities, and operational improvements that strengthen client outcomes and business resilience.
  • Escalate significant issues promptly, frame risk clearly, and align pragmatic remediation plans with measurable outcomes and accountable owners.
• People Leadership
  • Lead and coach a team of managers/senior auditors; set goals, allocate work, review deliverables, and provide timely feedback.
  • Develop team capabilities in wealth products, conduct risk, regulatory interpretation, testing discipline, analytics, and storytelling.
  • Foster a high-performance, inclusive culture rooted in curiosity, accountability, and continuous improvement.
• Continuous Improvement
  • Champion audit methodology enhancements, automation, and analytics use cases (e.g., exception monitoring, outlier detection, fee/expense testing).
  • Contribute to audit committee materials, thematic insights, and quarterly risk reporting.
  • Share best practices across Group Audit & Conduct; mentor peers; lead training.

• Bachelor's degree or diploma in business administration, finance, accounting or similar field of study, or equivalent combination of education and experience.
• Valid CSC/CPH or Canadian Investment Regulatory Exam (CIRE) is considered an asset.
• 5 - 8 years of internal or external audit, or first-line controls in Wealth and Risk Management.
• Strong knowledge of wealth products and processes: advisory/discretionary, funds, managed solutions, fee billing, trading/ops, custody, vendor/third-party risk.
• Solid grasp of Canadian wealth regulatory environment (e.g. CIRO, OSC, CSA) and conduct risk.
• Proven people leadership: building, coaching and performance-managing a team.
• Strong written and oral communication skills, ability to effectively communicate ideas and recommendations.
• Advanced testing skills (design & operating effectiveness), root cause…