What are the responsibilities and job description for the Audit AVP/VP - Risk Operations position at Atlas Search?
Job Title: Audit AVP/VP (Risk Operations)
Job Description:
Support audit execution of the Bank’s retail/commercial activities and risk management functions. Banking activities include trade finance, correspondent banking, retail banking, commercial lending, and related risk management.
Responsibilities:
Operations Audit Strategy & Plan
- Contribute to achieving a “Strong” internal audit function consistent with regulatory expectations
- Plan, design, execute, and supervise the audit coverage strategy of the risk management program
- Contribute to the bank-wide audit risk assessments and serve as a challenge function on risk matters bank-wide
Oversight of Management Action Plans
- Evaluate management action plans to ensure that they adequately address the audit issue raised
- Direct and/or perform issue tracking and risk-based validation of issues specific to the risk management program and associated controls
Update the audit strategy and program
- Design and ensure implementation of continuous monitoring of the risk management program and associated controls
- Collect and analyze information in designated areas from regulators, Head Office and the branches
Build expert knowledge
- Design the auditor professional development plan specific to related skills
- Provide coaching and on-the-job training to audit staff
- Serve as the department subject matter expert on risk management and audit procedures to test these risks
- Serve as the department subject matter expert and challenge for risk assessment for purposes of department audit planning, thematic analysis and emerging risks
Salary : $130,000 - $150,000