Director, Internal Audit

About the role

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. We're seeking a Director , Internal audit to partner with key stakeholders and peers to support and engage with our powerful networks of people, opportunities, and investments. At PSP, we embrace people that are eager to learn, ideate, and innovate: people who strive for excellence, challenge the status quo and seek alternative perspectives. PSP Investment's Internal Audit function plays a critical role in assisting the Board and executive management discharge their oversight role. Internal Audit is responsible for developing and executing an agile risk-based audit plan to provide timely assurance and advice on the organization's governance, risk management, and control activities supporting PSP in the pursuit of its Corporate Business Plan and strategic priorities. Reporting to the Managing Director and Chief Internal Auditor, the successful candidate will be responsible for engaging in and supervising internal audit engagements in a broad array of topics relevant to PSP's operations . More particularly, but without limitations, t he successful candidate will be expected to supervis e PSP Investment's various IT audit and advisory engagements , in a digital transformation context . Operating with significant autonomy, the successful candidate will need to acquire a thorough understanding of PSP's business processes and technology risks, inform the annual audit planning, and execute /supervise a portfolio of audit and advisory engagements. Key responsibilities will include identifying focus areas, determining engagement plans and developing work programs based on relevant frameworks and standards, supervising the auditors and reviewing their work including ensuring the effective communication of findings and delivery of high-quality IA reports. The candidate will also actively contribute to the establishment of the annual risk - based Internal Audit plan, to the preparation of quarterly Audit Committee reporting, to the development of IA talent and to building strong relationships within PSP. Deliver the Plan and Manage Engagements: - P lan, lead and deliver IA engagements ( with end-to-end accountability for scope, resources, budget , timeline, audit program etc. ) - Supervise and review the work of internal audit teams and external advisors, ensuring timely execution, quality of deliverables, and effective issue management throughout the engagement lifecycle - Ensure the IA work is executed in adherence to all applicable quality and professional standards - Develop clear, practical and forward ‑ looking recommendations that strengthen governance, risk management practices and internal controls, supported by robust root ‑ cause analysis - Prepare IA reports and present findings and recommendations at closing meetings; ensure language used is objective, accurate , in plain business language avoiding technical jargon - Coordinate the delivery of Management's action plans and corroborate their adequacy a nd relevance to address IA recommendations - Monitor the progress of recommendations and assess the implementation of corrective actions - Provide advisory services, consistent with our role as an assurance partner and trusted advisor - Attend working groups or project steering committees to provide proactive assurance - Communicate proactively the status of engagements and important issues to be raised to t he Managing Director and Chief Internal Auditor and regular status updates to auditees / process owners to provide a "no surprise" experience - Support the IA leadership in developing and updating the annual Internal Audit Plan and i n drafting quarterly Audit Committee reporting Demonstrate Leadership, Develop Talent and Foster Continuous Improvement: - Promote the use of data analytics to target high-risk areas, identify anomalies, c orroborate findings and identify trends - Demonstrate GenAI risk literacy, governance insight, and assurance capability to oversee AI enabled processes, advise on emerging risks, and leverage GenAI within the Internal Audit function - Develop and maintain knowledge of corporate and investment activities at PSP, as well as strategic objectives and initiatives . - Keep abreast of market developments, trends and emergin