Audit Manager – Compliance and Operational Risk

Description

This job is responsible for overseeing assigned areas of audit work acting as an Auditor-in-Charge (AIC), and executing on the audit strategy for Lines of Business (LOBs).

Key responsibilities include driving risk-based auditing by defining scope and test procedures to evaluate the control environment in conformance with audit policies, assessing issues for business impact and recommending severity ratings, drafting audit reports, and managing business partner relationships.

Job expectations include fostering an inclusive work environment, and mentoring team members.

Responsibilities

• Subject matter expertise of compliance and operational risk frameworks and a solid business understanding of the financial services industry.
• Plan, perform, and lead compliance and operational risk audits at the enterprise level
• Subject matter expertise in risk management frameworks and underlying regulations like Basel, Heightened Standards, SR 08-8, Fed 13-1, Enhanced Prudential Standards.
• Perform audit reviews for risk appetite, risk governance, risk culture, RCSA programs, loss data, second line monitoring and testing programs.
• Manage staff during audit engagements and provide feedback on work performed;
• Design and perform compliance and operational risk audit procedures, including identifying and defining issues, reviewing and analyzing evidence, and documenting processes;
• Leverage available data and analytical tools during the planning, fieldwork, and reporting phases of audit delivery;
• Communicate the results of audit projects to management (written reports / oral presentations);
• Establish and build working relationships with internal and external management;
• Perform risk assessments of business activities, potential risks exposures, and materiality of loss; and
• Demonstrates experience in managing integrated internal audit and assurance delivery.
• Effective influence skills in communicating findings. This individual must be an articulate and effective communicator, both verbally and in writing.
• Strong interpersonal skills for interfacing with all levels of internal and external audit and management
• Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit programs, and drafting audit reports leveraging automation and innovative methods in a timely and high quality manner
• Acts as Auditor-in-Charge (AIC) by overseeing audit testing and ensuring it is executed in a timely manner and conforms with quality standards, audit policies, and procedures
• Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings and escalate broad themes or trends accordingly based on existing business knowledge
• Exercises intellectual curiosity and judgment to effectively influence and challenge management to improve the control environment and drive continuous improvements on audit
• Oversees a team of associates and provides day-to-day mentoring and guidance and fosters an inclusive work environment
• Maintains business partner relationships, primarily with line management, to develop business knowledge
• Exercises sound knowledge of product, business, and technical expertise to effectively challenge management to improve the control environment

Required Skills and Experience

• Minimum 5 years of audit experience in areas related to compliance and operational risk management programs and regulations.
• At least 5 years of experience conducting compliance and or operational risk audits in Financial Services.
• At least 3 years of experience leading audits and performing in the role of auditor-in-charge
• Internal Audit Review
• Issue Management
• Risk Management
• Audit Planning
• Analytical Thinking
• Project Management
• Relationship Building
• Business Acumen
• Coaching
• Written Communications
• Automation
• Technical Documentation
• Attention to Detail
• Critical Thinking

Preferred Requirements

• Master's Degree in Auditing, Master's Degree in Accounting, Master's Degree in Finance, or Master of Business Administration
• Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Regulatory Compliance Manager (CRCM), or Certified Fraud Examiner (CFE)

Minimum Education Requirement :

Bachelor's

Shift :

1st shift (United States of America)

Hours Per Week :