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Audit AVP/VP - Risk Operations

Atlas Search
New York, NY Full Time
POSTED ON 1/7/2025
AVAILABLE BEFORE 2/5/2025

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

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