Role: Audit Supervisor: Global Financial Crimes - Economic Sanctions
Location: Boston
Industry: Leading Bank
Work Requirements: US Citizens, GC Holders or Authorized to Work in the US
Travel: Occasionally
Job Description:
This role involves independently conducting test work during highly complex audit activities across various Lines of Business (LOBs). Key responsibilities include designing and executing audit tests, evaluating business impact and recommending severity ratings, and building business partner relationships. The role requires evaluating the control environment, promoting an inclusive work culture, applying expertise in product, business, and technical areas, and supporting team development.
Key Responsibilities:
Implement audit strategy through risk-based auditing, defining audit scope, programs, and leveraging innovative methods and automation to ensure timely, high-quality outcomes.
Utilize product, business, and technical knowledge to challenge management effectively and improve the control environment.
Assess the impact on business processes, controls, and strategies, providing severity ratings and recommendations.
Contribute to draft audit reports and communicate audit results to business leaders.
Support peer and team development through on-the-job training and foster an inclusive work environment.
Build and maintain relationships with line management to develop business knowledge.
Use innovative tools to complete audit activities more efficiently.
Conduct sanctions audits across various lines of business, understanding financial services industry risks, especially related to correspondent banking, corporate banking, treasury management, and capital markets.
Perform compliance audit procedures, including identifying and defining issues, analyzing evidence, and documenting processes.
Utilize data and analytical tools during audit planning, fieldwork, and reporting.
Communicate audit project results to management through reports and presentations.
Establish and build working relationships with internal and external management.
Perform sanctions risk assessments of business activities, potential risk exposures, and materiality of loss.
Demonstrate experience in managing integrated internal audit and assurance delivery.
Effectively communicate findings and influence management decisions.
Required Skills & Experience:
Minimum of 3 years of audit experience related to AML, sanctions, and fraud risk management programs, banking regulations, or internal policies.
Experience conducting Economic Sanction audits, Risk Management audits, or Compliance audits.
Master’s Degree in Auditing, Accounting, Finance, or Business Administration
Certifications such as Certified Anti-Money Laundering Specialist (CAMS), Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Regulatory Compliance Manager (CRCM), or Certified Fraud Examiner (CFE)
Minimum Education Requirement:
Bachelor’s Degree