This Auditor (Associate) position is a part of the Compliance team within the Corporate and Investment Banking audit team. The Compliance team is responsible for providing audit coverage of corporate Compliance activities, including Dodd-Frank and Volker initiatives, control room and information barrier surveillance programs, compliance testing and branch inspection activities, anti-trust and competitive bidding, anti-tying, anti-corruption practices and compliance with various US and international rules and regulations. The applicant must be an experienced professional who possesses a strong understanding of internal control systems within a financial institution.
More specifically, the auditor will be responsible for the following:
Facilitate the performance of various aspects of audit activities in accordance with department and professional standards and guidelines.
Audit activities include audit planning; perform detail risk and control assessments and test work, work paper documentation and finalization of audit finding and report.
Facilitate the ongoing monitoring of operational and financial related data to identify patterns/trends with risk and control implications.
Stay current with evolving industry and regulatory changes, and analyze impact to business objectives, processes, and compliance.
Business and Industry Knowledge Knowledge and preferably experience of Investment Management businesses. Ideally this experience will be from an auditor risk perspective.
Methodology & Analytical Skills detailed understanding of internal control and risk assessment concepts and strong analytical skills to assess the impact of control weaknesses.
Partnership- Strong execution skills, ability to work independently with limited supervision and multi-task. Works well individually and in teams, shares information, and supports colleagues. Ability to create strong stakeholder relationships that promote transparency and open dialogue around control issues.
Communication- Strong verbal and written communication skills, with the ability to present complex and sensitive issues to management in a persuasive manner.
Leadership- Ability to assess priorities, adapt to a changing environment, organize and lead resources, monitor progress and timely deliver a high quality end product .Enthusiastic, self motivated, effective under pressure.
Accountability proven ability to take the initiative in developing the scope and execution of audits/ projects. Seeks ways to increase efficiency and effectiveness of work performed and resources utilized. Willing to take personal responsibility/accountability.
Education to degree standard is preferable, as is a relevant professional qualification. All relevant educational, business or accounting qualifications will be taken into account.
Minimum 4-5 years of audit experience with exposure to asset management and the financial services industry or relevant business experience.
Knowledge of Investment Management activities ideally from an audit or risk perspective.
In-depth understating of audit practices and methodologies, including risk assessment and understanding of internal control concepts.
The ability to work effectively within a team.
Strong analytical skills particularly in regard to assessing the probability and impact of a control weakness.
Excellent verbal and written communication skills, with the ability to present complex and sensitive issues to management in a persuasive manner.
Enthusiastic, self motivated, effective under pressure and willing to take personal risk and accountability.
Proven ability to build strong relationships with key stakeholders, desire to learn quickly, be flexible and think strategically.
Proven ability to multitask as well as assess and change priorities.
Self motivated audit professional who effectively analyses risk and proactively identifies issues.
Ability to work well individually, and in teams, share information, support colleagues and encourage participation.
Flexibility to travel as required (up to 25%)