Lead Auditor – Regulatory Compliance

Types of Jobs - General Inspection / Audit

Lead Auditor – Regulatory Compliance

Permanent Contract

Summary of the position
The Lead Auditor conducts audit assignments primarily in 2nd line corporate regulatory compliance from planning to issuance of the final report. This includes an assessment of the audited activity, the performance of tests, analysis and controls and the issuance of recommendations. He/she is responsible for the timeliness and comprehensiveness of the audit deliverables under the supervision of the Local Head of Audit or an Audit Supervisor.

He/She is accountable for maintaining open communication with stakeholders, and drafting the management debriefing presentation and final report. He/she usually leads a team of several auditors. In most audits he/she also executes control sections of the audit.
He/she generally, but not exclusively, leads audit assignments that have a focus corporate compliance and regulatory requirements. He/she provides support to other IGE Managers for assignments where regulatory compliance expertise is needed. He/she monitors and validates the implementation of recommended corrective actions identified in audit or regulatory coverage.

Key Responsibilities
II – Conduct of assignment
The Lead Auditor conducts audit assignments from planning to issuance of the final report. This includes the following responsibilities:
- Assess the risks of the audited activities and to validate the related control environment for its design and operating effectiveness
- Review and challenge the processes and controls in view of their respective purpose and mandates as well as the related risks, relying on fact based and documented audit works
- Verify the audited unit’s compliance with internal policies and procedures and the applicable laws and regulations
- Monitor the fieldwork carried out by the team and to adjust the fields of audit to the risks identified,
- Maintain close communication with the IGE and stakeholder management on audit progress following the pre-set timeframe
- Notify immediately the Audit Manager / Regional Supervisor / Head of Local Audit of any major control weaknesses (reputational, regulatory, compliance, etc.) identified during the audit review and comply with any escalation policy in the bank
- Manage and organize interviews, debriefing meetings of conclusions with Management impacted by the audit
- Follow up, review and finalize with Management on response to the draft audit report and prepare for the final audit report publication
- Document, communicate, and memorialize audit deliverables are in adherence to the IGE/IGL Methodologies as per the Audit Charter
- Monitor and maintain assigned Auditable Objects (AO) pertaining to the assigned areas of coverage

III – Management of a team during an assignment
- Define objectives and perform end of assignment assessment for the team allocated during an assignment
- Prepare assignment planning and allocate work streams by team member and manage projects/tasks/staff and budget resources efficiently
- Ensure collaborative and productive relationship within the team and a good coordination throughout the International Network and with auditees
- Contribute to the continuous improvement of the team, providing guidance and feedback to team members on the coverage subject matter

Salary Range: $150k-$185k

#LI-DNI

America, United States Of America

Bachelor Degree / BSc Degree or equivalent

Required:

Bachelor or Masters’ degree in accounting, business, finance, engineering, economics or related field (or relevant experience)

6 to 10 years of experience in audit or relevant control environment

Preferred:

Certification (e.g. CFA, CPA, CIA)

Strong knowledge of bank and broker dealer operations

Series 99

III – IGE Continuous Improvement Program / Transversal topics
The Lead Auditor contributes to the continuous improvement of IGE methodologies and processes. As part of his/her responsibilities, he/she can be requested to:
- Contribute to the on-going development of IGE’s knowledge and expertise regulatory guidelines, requirements, or expectations;…