Senior Audit Manager

Introduction

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. 

 

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.

Overview

We are seeeking a Senior Audit Manager for our Internal Audit Department.

Responsibilities

• Have experience in banking & treasury operations audit, including asset liability management, liquidity, capital plan, funding and investment management.
• Has expert knowledge of internal controls, auditing methodologies and techniques, and risk assessments
• Keep abreast of legislative issues, new audit regulations/trends and other changes in the industry environment; readily identify how such changes affects the department and the bank’s control environment.
• Conduct risk assessment of assigned department or functional area in established/required timeline; and assist in developing the draft annual Audit Plan
• Lead Treasury audits, prepare Audit Programs to ensure the program is risk-based, the test steps are adequately defined and key inherent risks are identified in the Program
• Prepare neat, concise, appropriately referenced and easy-to-follow working papers that support the procedures performed, conclusion drawn and recommendations made
• Prepare audit reports on internal control deficiencies and recommend improvements; ensuring clarity, conciseness and issuance in a timely manner
• Possesses project management skills to effectively organize/prioritize tasks to meet established deadlines, monitor progress of audits, and manage assigned budgets
• Document follow up and timely disposition of all assigned findings in accordance with the Bank’s Issues Management Policy
• Oversee other lesser experienced auditors in the execution of audit work related to the projects assigned; including monitoring budgets for audits.
• Participate in various committees or task forces geared to policy/procedure development and operational improvements
• Work closely with the Treasury department to understand business processes, risks and controls and ensure timely remediation of issues.
• Collaborate with the second line of defense to evaluate the effectiveness of the risk management framework
• Willingness to transfer outside of the Internal Audit department when need arises or as part of rotation assignment
• Execute on special projects and other assignments as assigned by management.
• Travel to Hong Kong and/or China for annual audits as assigned.

Qualifications

Success factors include:

• Knowledge of treasury functions, financial products and risk management.
• Collaborative working style with the willingness to listen to all viewpoints
• Strong communication skills in working with departmental management, divisional management, and external parties. 
• Strong team player with ability to offer her/his opinions and yet respect the collective decision.
• Strong critical thinking and problem-solving skills to identify root causes and suggest improvements in treasury processes.
• Good computer skills, be detail-oriented, and have the ability to multi-task.
• Flexibility in work hours, locations, and working conditions.
• Flexibility to travel to Hong Kong and Shanghai to perform audits, if assigned.
• Ability to interpret gray-areas and propose alternative solutions.

 

Qualifications/Experience:

• Bachelor’s or Master’s Degree is required, and industry certification(s) (e.g. CPA, CIA) is a plus.
• 5-7 years of direct or comparable advisory/internal audit experience.
• Strong understanding of treasury processes and relevant regulatory requirements
• Prior experience in performing process improvement projects or audits in either at a publicly traded company or at a public accounting firm.
• Experience with large financial institutions is a plus.
• Professional working proficiency in Mandarin and/or Cantonese is a plus

Compensation

The base pay range for this position is USD $170,000.00/Yr. - USD $180,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.

Salary : $170,000 - $180,000