Bank Clearing and Settlement Senior Auditor

6 days ago

Chicago, United States Crowe Full time
Your Journey at Crowe Starts Here:

At Crowe, you can build a meaningful and rewarding career. With real flexibility to balance work with life moments, you're trusted to deliver results and make an impact. We embrace you for who you are, care for your well-being, and nurture your career. Everyone has equitable access to opportunities for career growth and leadership. Over our 80-year history, delivering excellent service through innovation has been a core part of our DNA across our audit, tax, and consulting groups. That's why we continuously invest in innovative ideas, such as AI-enabled insights and technology-powered solutions, to enhance our services. Join us at Crowe and embark on a career where you can help shape the future of our industry.

Job Description:

Bank Clearing and Settlement Senior Auditor

Crowe is looking for a detail-oriented individual to join our fast-paced Financial Crime Compliance team. When you become a part of our Financial Crime team, you will work with a broad array of professionals who take pride in providing cutting edge industry AML and regulatory best practices with the goal of assisting clients administering a sound and compliant AML risk management environment. This role is responsible for leading client engagements, assessing the effectiveness of their clearing and settlement processes, and ensuring compliance with regulatory requirements. The Senior Auditor will work with various clients to identify operational risks, evaluate internal controls, and provide recommendations for process improvements. The position requires in-depth knowledge of banking systems, clearinghouses, payment platforms, and associated financial and regulatory risks.

Job expectations include:
  • Managing multiple teams and workstreams and providing performance feedback to all members of those teams
  • Design and execute audit plans to assess clearing and settlement processes, including transaction processing, reconciliations, payment systems (ACH, SWIFT, FedWire), and securities settlement. Ensure audits cover key risk areas and compliance with industry regulations.
  • Advise clients on compliance with relevant banking regulations (e.g., Federal Reserve, OCC, SEC, FINRA) and standards, such as real-time gross settlement (RTGS) and systemic risk regulations. Ensure clients meet requirements around systemically important financial market infrastructures.
  • Developing relationships with a variety of clients
  • Anticipating and addressing client concerns and resolving problems as they arise
  • Promoting new ideas and business solutions that result in extended services to existing clients
  • Serving as a career coach and mentor for new staff
Required Qualifications for Role as Financial Crime Manager:
  • Bachelor's Degree
  • Advanced verbal and written communication skills
  • Certified Anti-Money Laundering Specialists (CAMS), Certified Internal Auditor (CIA), Certified Information Systems Analyst (CISA), Certified Regulatory Compliance Manager (CRCM) or other relevant professional certification
  • 5+ years' experience in leading or facilitating AML/BSA reviews, consulting/advisory services and/or internal audit/compliance reviews at globally diversified financial services organizations, with a specific focus on clearing and settlement processes for banks and financial institutions.
  • Strong knowledge of clearing and settlement operations, including ACH, SWIFT, FedWire, and securities settlement.
  • Prior financial services internal audit consulting or financial services third line internal audit experience
  • Experience providing oversight and managing the development and testing process against remediation action plans
  • Experience with second- or third-line control effectiveness testing against remediation action plans
  • Effective project and time management, collaboration, and communication skill with all levels of the organization, including excellent organizational skills and experience monitoring deadlines and tracking documentation for timely submission to senior management and/or regulators.
  • Experience identifying, assessing, challenging and overseeing the satisfactory resolution of issues, including ensuring adequate management of remediation plans and validation
  • Ability to travel up to 5% if requested for project(s)
Preferences:
  • Demonstrated supervisory, management and/or team leadership experience, preferably in a consulting environment for all phases of an audit, inclusive of planning, conducting and documenting process walkthroughs, developing and executing test procedures and reporting of deliverables
  • High proficiency with AML/BSA regulatory requirements for retail banking activities, products and services, inclusive of a high level of expertise in banking regulations, directives and guidance
  • Experience in developing/reporting of KRIs/KPIs for consent order validations
  • Experience submitting written or oral reports of audit results to senior management and audit committees including findings, analysis, conclusions and recommended actions
  • Knowledge and practical use of statistical analytics and testing methods
  • Experience working in a project environment with top 50 banks
  • Experience working in a professional services or project-based environment


We expect the candidate to uphold Crowe's values of Care, Trust, Courage, and Stewardship. These values define who we are. We expect all of our people to act ethically and with integrity at all times.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Crowe, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $102,353.00 to $204,060.00 per year.

Our Benefits:
Your exceptional people experience starts here. At Crowe, we know that great people are what makes a great firm. We care about our people and offer employees a comprehensive total rewards package. Learn more about what working at Crowe can mean for you

How You Can Grow:
We will nurture your talent in an inclusive culture that values diversity. You will have the chance to meet on a consistent basis with your Career Coach that will guide you in your career goals and aspirations. Learn more about where talent can prosper

More about Crowe:
Crowe (www.crowe.com) is one of the largest public accounting, consulting and technology firms in the United States. Crowe uses its deep industry expertise to provide audit services to public and private entities while also helping clients reach their goals with tax, advisory, risk and performance services. Crowe is recognized by many organizations as one of the country's best places to work. Crowe serves clients worldwide as an independent member of Crowe Global, one of the largest global accounting networks in the world. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.

Crowe LLP provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, sexual orientation, gender identity or expression, genetics, national origin, disability or protected veteran status, or any other characteristic protected by federal, state or local laws.

Crowe will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, Los Angeles County Fair Chance Ordinance and San Francisco Fair Chance Ordinance.

  • Bank Clearing and Settlement Senior Auditor

    2 weeks ago

    Chicago, United States Crowe Full time

    Your Journey at Crowe Starts Here: At Crowe, you can build a meaningful and rewarding career. With real flexibility to balance work with life moments, you're trusted to deliver results and make an impact. We embrace you for who you are, care for your well-being, and nurture your career. Everyone has equitable access to opportunities for career growth and...

  • Senior Auditor

    4 weeks ago

    Chicago, Illinois, United States Options Clearing Corporation Full time

    About the RoleWe are seeking a highly skilled and experienced professional to join our team as a Senior Auditor. In this role, you will be responsible for conducting risk-based operational and compliance audits and projects, business process reviews, and internal audits.Key ResponsibilitiesConduct risk-based operational and compliance audits and projects,...

  • Senior Auditor

    6 months ago

    Chicago, United States LHH Full time

    Currently working on a Senior Auditor search with well known organization based in Chicago. This position would work for the candidate coming from banking / financial services industry that has 2+ years of audit experience. This organization offers great benefits, growth potential, stability, good work life balance and more. Please apply to receive more...

  • Foreign Corresponding Banking Senior Auditor

    2 weeks ago

    Chicago, United States Crowe Full time

    Your Journey at Crowe Starts Here: At Crowe, you can build a meaningful and rewarding career. With real flexibility to balance work with life moments, you're trusted to deliver results and make an impact. We embrace you for who you are, care for your well-being, and nurture your career. Everyone has equitable access to opportunities for career growth and...

  • Estate Settlement III Manager

    3 weeks ago

    Chicago, Illinois, United States Bank of America Full time

    Job Title: Estate Settlement III ManagerJob Summary:We are seeking a highly skilled Estate Settlement III Manager to join our team at Bank of America. As a key member of our estate settlement team, you will be responsible for managing and settling complex estates and trusts, requiring a high level of technical expertise and knowledge.Key...

  • Clearing Expert

    4 weeks ago

    Chicago, Illinois, United States The Options Clearing Corporation Full time

    About the Role:OCC is seeking a talented individual to join our team as a Clearing Expert. In this role, you will assist in reviewing current workflows to identify opportunities for improvement or automation. You will also assist in monitoring analysis activities, threat intelligence, and application security. This is an exciting opportunity to have a true...

  • Estate Settlement Specialist

    3 weeks ago

    Chicago, Illinois, United States Bank of America Full time

    At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.We hire individuals with a broad range of backgrounds and experiences and invest heavily in our...

  • Clearing Organization Intern

    3 weeks ago

    Chicago, Illinois, United States The Options Clearing Corporation Full time

    About The Options Clearing Corporation:A World Class Clearing OrganizationWe provide central counterparty clearing and settlement services for equity options, futures, options on futures, and securities lending transactions. We serve approximately 115 clearing members and 15 exchanges including CBOE, Nasdaq, and NYSE.About the Intern Program:The Options...

  • Senior Product Manager

    2 weeks ago

    Chicago, United States ION GROUP Full time

    The Role: XTP is ION's flagship clearing and settlement solution, supporting the entire post-trade processing cycle for cleared derivatives. Working as part of our global Product Management Team, you will act as US Head of Product Management for our post-trade suite, and you will be primarily responsible for the following: • Senior product liaison with US...

  • Senior Auditor

    4 weeks ago

    Chicago, Illinois, United States CIBC Full time

    About the RoleWe are seeking a highly skilled Senior Auditor to join our team at CIBC. As a Senior Auditor, you will be responsible for conducting risk-focused audits, advising business units on internal controls, and promoting compliance with CIBC policies and procedures.Key ResponsibilitiesAssess key business risks and evaluate the design and operating...

  • Senior Auditor

    4 weeks ago

    Chicago, Illinois, United States CIBC Full time

    About the RoleWe are seeking a highly skilled Senior Auditor to join our team at CIBC. As a Senior Auditor, you will be responsible for conducting risk-focused audits, advising business units on internal controls, and promoting compliance with CIBC policies and procedures.Key ResponsibilitiesConduct risk-focused audits to identify and mitigate potential...

  • Senior Associate, Internal Audit Business

    4 weeks ago

    Chicago, Illinois, United States Options Clearing Corporation Full time

    Job SummaryThis role supports independent assessments of OCC's financial and operational business processes, risk management, and other objectives as needed.Key ResponsibilitiesSupport the team on delivery of assigned audits within the annual audit plan.Confirm a professional auditee experience.Owning the audit quality, accuracy of results, and delivery in a...

  • Night Auditor

    3 weeks ago

    Chicago, Illinois, United States HEI Hotels and Resorts Full time

    Job SummaryWe are seeking a skilled Night Auditor to join our team at HEI Hotels and Resorts. As a Night Auditor, you will be responsible for ensuring the maintenance of financial controls and compliance with hotel standards.Key ResponsibilitiesPrepare daily Restaurant Revenue Report data by auditing Point of Service tapes/journals to breakdown revenue,...

  • Internal Auditor Senior

    3 weeks ago

    Chicago, Illinois, United States PNC Full time

    Job SummaryPNC is seeking a highly skilled Internal Auditor Senior to join our Technology (IT) Audit organization. As an Internal Auditor Senior, you will play a critical role in evaluating technology risks to the company, developing and executing audit test plans, and working with the audit team to identify and communicate process improvements and...

  • Senior Internal Auditor

    3 weeks ago

    Chicago, Illinois, United States IMC Inc Full time

    About the Role:We are seeking a highly skilled Senior Internal Auditor to join our team at IMC Inc. As a Senior Internal Auditor, you will play a key role in ensuring the effectiveness and efficiency of our processes, programs, and systems.Key Responsibilities:Design and lead all aspects of end-to-end internal audits to validate controls and ensure their...

  • Night Auditor

    4 weeks ago

    Chicago, Illinois, United States United Service Companies Full time

    Job Title: Night AuditorJob Summary:The Night Auditor is responsible for ensuring the accuracy and integrity of financial transactions, providing exceptional guest service, and maintaining a clean and organized work environment.Key Responsibilities:Audit and post daily financial transactions, including cash handling and credit card reconciliations.Prepare...

  • Futures Clearing

    2 days ago

    chicago, United States WSN Full time

    WSN is hiring a Futures Clearing Associate to join our global investment banking client in Chicago, IL on a contract/consulting basis.Overview: Futures Division clears 30 Exchange globally and reconciles over 70+ balancing sheets. Clearing team is responsible for managing all clients and executing brokers cleared trades and requires a strong and motivated...

  • Futures Clearing

    3 days ago

    Chicago, United States WSN Full time

    WSN is hiring a Futures Clearing Associate to join our global investment banking client in Chicago, IL on a contract/consulting basis.Overview: Futures Division clears 30 Exchange globally and reconciles over 70+ balancing sheets. Clearing team is responsible for managing all clients and executing brokers cleared trades and requires a strong and motivated...

  • Senior IT Auditor

    3 weeks ago

    Chicago, Illinois, United States Constellation Full time

    Senior IT AuditorConstellation is seeking a highly skilled Senior IT Auditor to join our team. As a Senior IT Auditor, you will be responsible for planning and executing IT audits to ensure the propriety and efficiency of control structures and operating processes.Key Responsibilities:Plan and execute IT audits to determine the effectiveness of control...

  • Executive Director, Credit Risk Management

    6 days ago

    Chicago, United States The Options Clearing Corporation Full time

    What You'll Do:This role will be primarily responsible for safeguarding OCC by ensuring that OCC only admits and transacts with clearing members and other counterparties that are financially and operationally sound and meet the expectations of OCC's management, Board and supervisors.Supervises a team of Managers and Associates responsible for identifying,...