Audit Manager

2 weeks ago


New York, New York, United States Redefined Corp Full time

Position Overview:

Role Summary:
This position entails conducting independent audit activities during intricate audit processes for various Lines of Business (LOBs).

Key duties involve the autonomous design and execution of audit tests, evaluating issues for their impact on business operations, and providing recommendations on severity ratings. Building strong relationships with business partners is also a crucial aspect of this role.

The expectations for this position include assessing the control environment, promoting an inclusive workplace, utilizing product, business, and technical knowledge, and aiding in the development of team members.

This role is part of the audit team focused on Global Corporate and Investment Banking.

We conduct audits for sectors such as equity capital markets, debt capital markets, investment banking, corporate banking, and leasing.

The team also oversees audits related to credit risk management and global payment services within the EMEA region.

The selected candidate will collaborate with teams based in EMEA and APAC, as most audits are conducted on a global scale.

An Audit Supervisor is expected to manage assigned areas independently and may lead smaller audit projects.

Key Responsibilities:

  • Develops and implements audit strategies for effective risk-based auditing by defining audit scopes and programs, while leveraging automation and innovative techniques to ensure timely and high-quality outcomes.
  • Utilizes comprehensive knowledge of products, business operations, and technical expertise to effectively challenge management and enhance the control environment.
  • Evaluates impacts on business processes, controls, and strategies to provide informed recommendations on severity ratings.
  • Contributes to the drafting of audit reports and communicates audit findings to business leaders.
  • Facilitates the growth of peers and teams through on-the-job training while fostering an inclusive work culture.
  • Establishes and nurtures relationships with business partners, primarily with line management, to enhance business acumen.
  • Employs innovative tools to conduct audit activities more efficiently (e.g., testing).
  • Supports multiple projects by utilizing technology and analytical techniques to operate effectively in a dynamic environment.

Required Qualifications:

  • A minimum of 5-7 years of experience in internal audit, front office control, compliance, or risk management, with at least 2-3 years in the banking sector.
  • A Bachelor's degree in a relevant field.

Desired Qualifications:

  • Familiarity with Global Corporate and Investment Banking sectors (e.g., equity capital markets, debt capital markets, investment banking, corporate banking, leasing, etc.).
  • Experience in risk and control identification and assessment.
  • Background in mentoring less experienced team members.

Skills:

  • Analytical Thinking
  • Audit Planning
  • Internal Audit Review
  • Issue Management
  • Risk Management
  • Attention to Detail
  • Automation
  • Business Acumen
  • Project Management
  • Technical Documentation
  • Coaching
  • Critical Thinking
  • Relationship Building

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