Audit AVP/VP - Risk Operations

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