Audit Manager

2 days ago


New York, New York, United States HR Recruiting Services Full time
Audit Manager Job Description

The Audit Manager 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). Familiarity with US equity market regulations, exchanges, venues, clearing, and settlement processes is preferred.

Key Responsibilities:
  • Develop and execute audit strategies for the sound application of risk-based auditing, defining audit scope and programs, and drafting reports leveraging automation and innovative methods in a timely and high-quality manner.
  • Act as Auditor-in-Charge (AIC) by overseeing audit testing, ensuring it is executed in a timely manner, and conforms with quality standards, audit policies, and procedures.
  • Assess impacts to business processes, controls, and strategies, providing recommendations on severity ratings and escalating broad themes or trends accordingly based on existing business knowledge.
  • Exercise intellectual curiosity and judgment to effectively influence and challenge management to improve the control environment and drive continuous improvements on audit.
  • Oversee a team of associates, providing day-to-day mentoring and guidance, and fostering an inclusive work environment.
  • Maintain business partner relationships primarily with line management to develop business knowledge.
  • Exercise sound knowledge of product, business, and technical expertise to effectively challenge management to improve the control environment.
  • Specifically, knowledge of trading and hedging strategies, supervisory procedures, P&L attribution, risk management, operational processes, and regulatory landscape is strongly preferred.
  • Experience in validation of audit and regulatory issues. Support in preparation of regulatory exams by creating presentation materials and providing timely responses to inquiries.
  • Leverage available data and analytical tools during the planning, fieldwork, and reporting phases of audit delivery.
  • Effective influence skills in communicating findings. This individual must be an articulate and effective communicator both verbally and in writing.
Required Qualifications:
  • Minimum 6 years of audit experience in areas related to capital markets, equity, and equity-linked products, derivatives, front office risk management, laws, and regulations, banking regulations, local standards, and internal policies.
  • Minimum 2 years of experience leading audits and performing in the role of Auditor-in-Charge.
Desired Qualifications:
  • Bachelor's or Master's Degree in Business, Economics, Finance, or other quantitative field or Master of Business Administration.
  • Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), Certified Internal Auditor (CIA), or relevant securities licenses preferred.
  • Intermediate Analytical/Automation Skills (SQL, Alteryx, Advanced Excel, and Access).
  • Experience of working in large global financial institutions, preferably a bank or large brokerage house.

Remote Work: No


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