Major Bank in Midtown looking to add a Senior Internal Auditor to their team who is high energy and who has experience working on process improvement projects or new system implementations, or someone who has streamlined certain processes for their company. Competitive Salary. Bonus Potential. Benefits. Please send resume to be considered for the position and receive more details including salary details.

 Optimal candidates have approximately 5 years of experience but more or less is not a deal breaker. Office is a two minute walk from Grand Central Station so very easily commutable. Bank Audit experience is not required. Just needs internal audit with process improvement.

JOB DUTIES / RESPONSIBILITES:

• Plan and execute audit assignments in accordance with Group Audit methodology and audit tools.  The Auditor is to have a strong understanding of relevant risks and control processes in an FRB regulated bank, foreign banking organization preferred.
• Audit results are expected to be based on a combination of qualitative and substantive (testing) fieldwork.  Through the course of fieldwork, the Auditor is to identify control deficiencies and practical solutions as part of delivering a high quality work product.
• Proficiently use the department’s audit tools in planning and executing audit assignments.
• Maintain relationships with management to monitor the initiatives, developments or challenges within the firm (i.e., continuous business monitoring).
• Prepare written audit results developed from audit assignments or continuous business monitoring work.  Professional writing is to consist of first-rate grammar with sufficient clarity for the executive reader.
• Monitor management’s progress with corrective actions, and provide guidance toward the sustainable closure of audit findings.
• Maintain professional and constructive relationships with management (i.e., first and second lines of defense) to motivate continuous improvement, challenge processes to elevate the norm, and add value.
• Governance structures, processes and principles such as the strategy and objective setting, accountability, integrity (ethics and values), transparency and competencies;
• Risk identification and risk assessment processes, risk appetite setting and monitoring, and proper responses to potential impairments; and
• Control processes as part of risk mitigation and risk management.

Group Audit’s assessments include the proper design and effectiveness of:

JOB SCOPE:

• Primary coverage is New York based businesses which include Corporate Banking (e.g., Energy, Commodities, and Transportation); Capital Markets (e.g., Securities Finance, Foreign Exchange, Rates, etc.); and ALM/Treasury.  The typical approach includes the relevant support areas to assess the respective value chain involved.
• Periodic management reporting.
• Coordination with central Group Audit team.
• Coordination with local and central regulatory requests/exams, as needed.
• Incumbent is not responsible for supervising other staff.

JOB SPECIFICATIONS:

Education and Experience

• Relevant audit experience (5+ years) in Corporate Banking and Capital Markets, including coverage of risk management, compliance, operations, and finance/accounting.
• Team player with demonstrated track record in self-initiative and time management.
• Knowledge of Computer-Assisted Audit Tools/Techniques (CAATTs).
• Undergraduate degree in Business (preferably Finance).
• CIA or CFSA credentials are a plus.

Key Competencies

• Proactive and flexible team player to promote Audit’s presence;
• Resourceful nature to stay abreast of regulatory updates and adapt to the required audit approach as appropriate;
• Focused and self-motivated performer to work independently;
• Excellent writing, verbal and interpersonal skills to clearly articulate issues to a wide audience.
• Strong backbone.