Audit Quality & Compliance Specialist

• Lead and continuously enhance the Internal Audit Quality Assurance and Improvement Program (QAIP). 
• Perform independent quality reviews of audit files, working papers, reports, and communications to ensure compliance with audit standards and methodology.
• Research, interpret, and monitor legislation, regulations, and industry guidance impacting financial institutions, including OSFI requirements, consumer protection, privacy, AML/ATF, governance, and Treasury-related guidance.
• Translate regulatory and legislative requirements into practical audit criteria, testing approaches, risk assessments, and control expectations. 
• Provide compliance, regulatory, and internal audit expertise to assurance and advisory engagements. 
• Maintain and enhance Internal Audit policies, methodologies, procedures, and templates to ensure alignment with evolving standards and regulatory expectations. 
• Deliver coaching, guidance, and constructive feedback to strengthen audit quality, documentation, and professional judgment. 
• Leverage data analytics, audit technology, and workflow tools to improve audit quality, consistency, and efficiency. 
• Identify emerging risks, compliance concerns, and opportunities for continuous improvement within the Internal Audit function. 
• Collaborate with Internal Audit, Risk, Compliance, Legal, Finance, and operational stakeholders to support strong governance and integrated assurance. 

Qualifications

• Bachelor’s degree in Business, Accounting, Finance, Law, Information Systems, or a related field. 
• 5+ years of experience in Internal Audit, Finance & Treasury, Compliance, Risk Management, Financial Accounting, Regulatory Advisory, or a related field within financial services. 
• Demonstrated expertise in researching and interpreting legislation, regulations, OSFI guidance, compliance requirements, and industry standards. (Suggested from the role's regulatory interpretation focus.) 
• Strong knowledge of regulatory frameworks applicable to financial institutions, including OSFI, privacy, consumer protection, AML/ATF, governance, and risk management. 
• Strong understanding of internal audit principles, risk assessment, controls testing, compliance monitoring, and financial accounting practices.
• Professional designation or certification considered an asset (CIA, CRMA, CISA, CAMS, CPA, JD, or equivalent). 
• Exceptional research, analytical, critical thinking, and written communication skills, with the ability to translate complex regulatory requirements into practical business guidance.
• Proficiency with Microsoft 365 applications, audit systems, data analytics tools, and digital solutions.

ABOUT US

Hi! We’re Innovation Federal Credit Union. Our purpose is to simplify banking for all Canadians. We like to keep it simple. We have three values – Accountability, Integrity, and Respect – and we are constantly striving to improve our organization to make it better for you (our member and prospective employee)!

How are we different from other Credit Unions? We’ve put in the work to become a federal credit union – just one of three in Canada – to secure the future of our organization and continue to grow across Canada. We are proudly rooted in Saskatchewan, but our vision is national, or as we like to say, "Made in Sask, Built for Canada". 

What sets us apart:

• Commitment to Community: $1.1 million was given to local organizations last year who are making a difference
• Strong focus on Diversity and Inclusion: Nearly 22% of InnovationNation proudly identifies as part of a designated group, reflecting our strong commitment to fostering a diverse workplace
• Benefits that start when you do: Our full-time staff participate in a 7% employer-matched pension plan, extended health benefits, employee and family assistance program, and a staff loan rate. These benefits all start on Day 1 of employment, no waiting period!

In the spirit of Truth and Reconciliation, we acknowledge that we are on the traditional territories of the many First Nations, Métis, and Inuit who have graced these lands for millennia.

We are privileged to live on, work on and enjoy the benefits of these lands, now known as Canada.