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Senior Audit Supervisor

2 months ago


New York, New York, United States BI-Commercial Full time
Job Overview

Position: Audit Manager - Global Corporate and Investment Banking

Location: Hybrid work model

Role Summary:
This position is pivotal in supervising designated audit functions while serving as the Auditor-in-Charge (AIC). The role entails executing the audit strategy across various Lines of Business (LOBs). Key duties include steering risk-focused audits by outlining scope and testing procedures to assess the control environment in line with audit standards, evaluating issues for business implications, assigning severity ratings, drafting comprehensive audit reports, and nurturing relationships with business partners.

The successful candidate will be part of the Global Corporate and Investment Banking audit team, responsible for audits related to sectors such as equity capital markets, debt capital markets, investment banking, and corporate banking coverage. Additionally, the team oversees audits in credit risk management and global payment services.

The Audit Manager will collaborate with teams across EMEA and APAC, leading audits and managing a team of auditors throughout the audit process. This role also supports the management team with ongoing audit-related responsibilities.

Key Responsibilities:

  • Implement audit strategies to ensure effective risk-based auditing by defining audit scopes and programs, and preparing audit reports utilizing automation and innovative techniques in a timely and high-quality manner.
  • Serve as Auditor-in-Charge (AIC), supervising audit testing to ensure timely execution that meets quality standards and adheres to audit policies and procedures.
  • Evaluate impacts on business processes, controls, and strategies to provide insightful recommendations on severity ratings and escalate significant themes or trends based on existing business knowledge.
  • Demonstrate intellectual curiosity and sound judgment to effectively influence and challenge management, enhancing the control environment and driving continuous audit improvements.
  • Oversee a team of associates, providing daily mentoring and guidance while fostering an inclusive workplace culture.
  • Maintain relationships with business partners, primarily with line management, to enhance business knowledge.
  • Utilize strong product, business, and technical expertise to effectively challenge management and improve the control environment.
  • Manage multiple projects using technology and analytical techniques to work efficiently in a dynamic environment.

Required Qualifications:

  • 3-5 years of experience in Internal Audit within the Corporate and Investment Banking sector, preferably at a tier 1 investment bank.
  • 8-10 years of experience in internal audit, front office business control, or compliance within financial services.
  • At least 2 years of experience leading audits and serving as auditor-in-charge.
  • Proven ability to plan, execute, and assess audit test plans using a risk-based audit methodology.
  • Strong organizational, analytical, oral, and written communication skills.
  • Experience in stakeholder management with the ability to influence management and lead change initiatives.
  • Demonstrated experience in team leadership, project management, and coaching less experienced team members.
  • Proactive and positive attitude, demonstrating ownership, flexibility, and intellectual curiosity.
  • Ability to manage multiple tasks and deliver high-quality work within deadlines.
  • Bachelor's Degree required.

Desired Qualifications:

  • Professional certifications such as Chartered Financial Analyst (CFA), Certified Public Accountant (CPA), Financial Risk Manager (FRM), or Certified Internal Auditor (CIA) are preferred.

Essential Skills:

  • Analytical Thinking
  • Audit Planning
  • Internal Audit Review
  • Issue Management
  • Risk Management
  • Business Acumen
  • Coaching
  • Project Management
  • Relationship Building
  • Written Communication
  • Attention to Detail
  • Automation
  • Critical Thinking
  • Technical Documentation
  • Knowledge of banking products and processes
  • Familiarity with risk and controls in the relevant business areas
  • Strong analytical skills
  • Ability to make sound judgments regarding gaps and risks
  • Effective stakeholder engagement and communication skills
  • Report writing proficiency
  • Presentation skills to summarize key messages for senior management and stakeholders