AVP/VP Internal Audit recruitment

Auditors at all levels are responsible for planning, performing and reporting the results of product-line and functional audits using the Audit Department’s risk based audit approach.  Work is performed under the direction of Directors and VP’s and can include individual or multiple assignments.
1-Comprehensive risk assessment and engagement planning.  This entails obtaining an in-depth understanding of each business and/or function being audited; identification and assessment of risks, the manner in which such risks are controlled, and the audit approach required to ensure controls are appropriately designed and operating effectively; and, preparing documentation (formalized risk assessment, Planning Memorandum and Audit Program) that reflects the aforementioned information and assessments.
2-Executing audit work. This encompasses execution of the planned approach for the audit, interacting closely with various levels of staff and management throughout the Firm.  For product-line audit, work encompasses a review of controls within the Front Office and the procedures performed by the Firm’s various Middle and Back Office departments to control and/or support the business subject to audit.  Functional audits entail separate review of a Middle or Back Office department that supports multiple businesses to gain assurance that controls that transcend such businesses operate effectively.
3-Developing, presenting and finalizing audit reports.  This process entails initial drafting of the report; discussion with management to ensure factual accuracy and concurrence; and, coordination with Management to obtain written responses to Audit’s recommendations.
4-In addition to his/her primary responsibilities, each Financial Auditor is expected to assume additional responsibilities upon progression in the Department.  These responsibilities can include:
-Mentoring new hires to aid in their acclimation to the Firm and the manner in which the Department operates;
-Participating in the recruitment of other Financial Auditors;
-Supervising less experienced Auditors on multiple auditor assignments;
-Performing administrative duties as it relates to key responsibilities and participating in special projects as delegated by Department Management;
-Developing and maintaining relationships with Firm Staff and Management to facilitate proactive assessment of the Firm’s risk profile and career development; and,
Assessing personal development needs (e.g., training) in conjunction with Department Management

REQUIREMENTS

Audit experience from either a large public accounting firm or another financial institution.

Relevant industry experience is required.