Financial Crimes Audit, Vice President

Compliance Audit Job Function

Individuals in the Compliance Audit Job Function focus on the effectiveness of risk management and controls regarding laws and regulations across anti-bribery and corruption (ABC); anti-money laundering (AML); benchmark rates; financial crimes (e.g., violations of sanctions and Office of Foreign Assets Control, or OFAC, regulations); fraud; Core-Compliance (privacy, etc.); government and industry regulatory and policy-making agencies (e.g., Financial Industry Regulatory Authority, or FINRA, in the U.S. ., European Securities and markets Authority in Europe or the Financial Conduct Authority in the UK); know your customer (KYC) laws, rules, and regulations; surveillance (transactions); Market Abuse Regulation (EU); and sustainability, including Environmental, Social & Governance, or ESG

Work Experience : Internal or external audit or risk management experience including experience in financial crimes (i.e. Anti-Money Laundering, Sanctions, Anti-Bribery and Corruption) Experience with the financial industry and related markets, related regulatory bodies and / or Big 4 professional services firms Prior experience implementing continuous auditing and / or risk monitoring processes preferred Prior experience in data processing, database programming, and / or data analytics preferred Demonstrated proficiency in technology as required for assigned areas (MS Office, audit data analytics, etc) Experience in financial crimes compliance audit or equivalent (e.g., BSA / AML, AB&C, Sanctions)

Responsibilities Include :

• Audit Delivery and Planning
• Responsible for the execution and delivery of audit engagements, maintenance of the risk universe and risk assessments of the portfolio, delivering risk-based audit engagements and demonstrating appropriate coverage of the key risks
• Dynamically project-manage the audit plan, considering whether it remains relevant throughout the year, proposing changes as appropriate and addressing any challenges that might impact audit delivery timelines and / or timely review of workpapers
• Maintain regular touchpoints with stakeholders to drive and support effective issue management and promptly escalate challenges
• Address findings and management action plans through the life of the audit along with business stakeholders
• Deliver and execute all engagements in adherence to audit methodology and standards, meet established deadlines, and include formal signoffs of key documents and processes within the audit file
• Produce reports that are written for executive audience which are impactful, with clear key messages, factual, active voice, written in line with effective business writing requirements, and needing minimum edits
• Stakeholder Relationships
• Responsible for developing and maintaining constructive, collaborative relationships with relevant senior stakeholders providing a commercial perspective and effective challenge and guidance as an independent, respected voice; share feedback from industry network and other external sources; partner on initiatives and remediation activities
• Responsible for establishing regular meetings with senior stakeholders
• Responsible for partnering with stakeholders to demonstrate impact and influence through tangible outcomes and raised standards of controls and behaviors in the stakeholder's Control Environment
• Audit Process
• Leading internal reviews to ensure compliance and ensure detection of deficiencies or violations of applicable laws and regulations
• Implementing controls for compliance with internal business policies and procedures, and global, regional, and local laws and regulations
• Confirming that processes are in compliance with corporate objectives and government standards
• Developing the audit scope, objectives, and work plans, including audit tests, controls, statistical methods, and survey, interview, and computer-assisted audit techniques
• Communicating the audit plan, outlining key process steps by narrative or flowchart, and highlighting information inflows, outflows, and internal control components
• Executing an efficient and effective program of audit work including :
• Obtaining relevant documentation
• Conducting interviews with process owners to develop understanding of business processes, client's business and compliance controls
• Identifying any internal control design gaps
• Recommending and initiating remediation and preparing detailed feedback for business unit management
• Producing and presenting an audit report, observations, recommendations, and recording the end-to-end process
• Performing testing procedures to support management's assessment of internal controls over financial reporting in accordance with the COSO Framework and Sarbanes-Oxley Act, including generation and evaluation of audit work papers
• Supervising team deliverables, including timely and effective review of workpapers and prompt, constructive feedback to the auditors
• Making recommendations to the Audit Committee or Board of Directors on issues raised during audit procedures and providing detailed feedback to business unit management
• Working within compliance with audit methodology, operating within industry best practices, applicable regulations, and internal and external professional practice expectations
• Collaborating with the business to develop and implement audit and control policies, procedures, and best practices
• Encouraging business-level program documentation, contributing to training materials and KPI / performance reporting to support business-level program documentation
• May coordinate with external auditors to prepare the attestation of management assessment on internal controls

Education : Degree or equivalent work experience equally preferable Degree in Accounting, Finance, Business Administration or related business discipline is preferred Advanced degree is desirable

Certifications : Data Analyst and / or Tableau Certifications are highly desirable Professional auditing certifications, such as the CIA, CPA, or CFSA, are highly desirable Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) Relevant certification in Financial Crimes (e.g., CAMS) preferred Certified Regulatory Compliance Manager (CRCM) Certified Anti-Money Laundering Specialist (CAMS)