VP Lead Auditor - Financial Controls and Regulatory Reporting

Overview

VP Lead Auditor - Financial Controls and Regulatory Reporting

Business type:
Types of Jobs - General Inspection / Audit

Job title:

VP Lead Auditor - Financial Controls and Regulatory Reporting

Contract type:
Permanent Contract

The Lead Auditor (LA) conducts audit assignments from planning to report. This includes an assessment of the audited activity, the performance of tests, analysis and controls and the issuance of recommendations. The LA is responsible for the consistency and comprehensiveness of the audit deliverables and, under the supervision of the Risk and Finance Audit Supervisor and potentially the guidance of the global Finance Audit Partner, for drafting the debriefing presentation to management and the final report.

The LA usually may lead a team of several auditors in audit execution, including Fieldwork assigned to himself/herself. The LA generally leads audit assignments that have a focus on Finance, accounting, regulatory reporting, or related controls. He/she provides support to other IGE Managers for assignments where financial control expert knowledge and competencies are needed. He/she monitors and validates the proper implementation of recommended corrective actions addressing these risks.

• Assess the risks of the audited activities and 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 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 Supervisor / Global Audit Lead or 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-through 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
• Team Management:
  Define objectives and perform end of assignment assessment for the team allocated during an assignment
• Ensure collaborative and productive relationship within the team
• Contribute to the on-going development of IGE’s knowledge and expertise of financial/accounting controls, auditing standards and best practices; attend industry or CA group events to keep abreast of relevant developments in financial control or regulatory reporting

$165,000 to $185,000

#LI-DNI

Management and Reporting

• Direct reporting line to the Americas’ Director responsible for Risk and Finance audit coverage
• During an assignment, the Lead Auditor may also report to a global Supervisor in charge of the assignment

Key Internal contacts

• Stakeholders performing and/or supporting business operations, including Finance and regulatory reporting

Key External contacts

• The LA may be asked to coordinate co-source resources on engagements or provide support for regulator interactions

America, United States Of America

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

• 5-8 years of experience in audit or financial regulatory reporting control environment
• Audit background in Accounting and Financial regulatory reporting (e.g., FFIEC 002 report, FFIEC 002S report, FR2900, etc.)

• Organization, efficiency, results driven, analytical skills
• Verbal and written communication
• Autonomy and Leadership
• Self-confide…